Our archives on London
Positive momentum expected to pave road ahead for Rmb internationalisation
Date: Nov 27, 2012 | Author: Magessan RajAccording to SWIFT data, the UK continued to expand its renminbi payments capabilities, whilst other countries, including Singapore, showed signs of decline.
London’s renminbi aspirations remains bright despite challenges
Date: Jul 05, 2012 | Author: Baron LaudermilkMark Boleat, chairman of the Policy and Resources Committee for London, explains the challenges that London faces in its bid to become a global renminbi offshore hub.
Renminbi liberalisation gathers pace
Date: May 28, 2012 | Author: Levina LimNecessary infrastructure is now in place for greater liberalisation of the renminbi but the way ahead is not without technical and practical difficulties, with much dependance on the actions of international players.
London, Taiwan and Singapore grow as Rmb offshore hubs
Date: May 08, 2012 | Author: Baron LaudermilkAccounting for 46% of renminbi foreign exchange transactions and 30% of payments sent and received outside of Hong Kong and China in 2011, London is gaining strength as an offshore hub for the currency.
Islamic finance still lacks unity of purpose
Date: Mar 07, 2011 | Author: Tun Musa HitamIslamic finance may be the answer to shock-resistant banking, however a proper framework governing all aspects of the sector needs to established immediately, says Tun Musa Hitam, chairman of the World Islamic Economic Forum.