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BRICS Bank to issue $448m yuan green bonds

SHANGHAI: The New Development Bank ( NDB), established by the BRICS group of emerging nations, plans to sell 3 billion yuan ($ 448.37 million) of yuan- denominated, green bonds in China’s interbank market. The green bonds will be issued on July 18 with a 5year tenor and will be the [...]

Financial stability

According to the Financial Stability Review released by the State Bank, the country’s financial system is in good shape. The report says that the asset base of the financial sector increased at a satisfactory pace of 15.1 percent during CY15 as compared with the average of 12.6 percent in CY13-14. [...]

What Singapore’s consumer banks should know about PDPA

Copious amounts of personal data is collected by banks each day and frequently shared with third parties as technology continues to revolutionise the way we bank. Last year, the Association of Banks in Singapore released the Code of Banking Practices which outlines the responsibilities of banks under the Personal Data [...]

May, Merkel, Clinton – the year of female leaders?

It now seems extremely likely that by the middle of January 2017, three of the world’s six largest economic powers will be led by women. Unless Donald Trump makes significant gains, the latest Reuters Ipsos poll still puts Hillary Clinton ahead of her Republican rival by 11 points in the [...]

Slogging on economic road back to normal

In light of the big rise in the June payrolls, I wanted to offer some broader context about the economy. Understanding the swings of data might change the way you perceive the financial markets. First, the set up: It would be an understatement to say there was lots nervousness after [...]

Liberals vs realism

The Pakistani state’s strategic outlook is a classic case of the tail wagging the dog. Security policy drives overall foreign policy rather than the other way round. The establishment has spearheaded this agenda. One reason the prevailing strategic paradigm seems under no real pressure is the increasing irrelevance of ‘ [...]

PSL2 aiming for bigger stars and a final in Lahore

KARACHI: Following the huge success of the inaugural edition of Pakistan Super League (PSL) in February this year, its chairman Najam Sethi is confident about doing even better in its second edition in 2017, which he says will be a substantially improved one in terms of international signings, profits and [...]