One of the toughest challenges central bankers face is how to navigate the “Impossible Trinity” -- maintaining monetary policy independence while allowing a steady flow of foreign capital and keeping ... ( read original story ...)
India’s New Fintech Sandbox Program will be Managed by Recently Established International Financial Services Centres Authority
India's new Fintech sandbox program will be managed by recently established International Financial Services Centres Authority. ( read original story ...)
Billionaire Adelson’s Las Vegas Sands mulls US$6 billion sale of US casinos to focus on Macau, Singapore markets
Las Vegas Sands is exploring the sale of its casinos in Las Vegas, a move that would mark billionaire Adelson’s exit from the US gambling industry. ( read original story ...)
Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says
Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro ... ( read original story ...)
Hong Kong bids farewell to its once-mighty Dragon airline
Other big names in Hong Kong business circles, such as Li Ka-shing and Henry Fok, joined in. According to Pao's daughter, Anna Pao Sohmen, people around her father were against the idea of backing ... ( read original story ...)
China says it will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales
Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. ( read original story ...)
U.S. Arms for Taiwan Anger Beijing
The U.S. State Department signaled approval for a potential $2.4 billion sale of anti-ship missiles to Taiwan. The move comes just after China warned it will sanction leading American aerospace ... ( read original story ...)
Central Bank of Bahrain Launches FinHub 973, a Virtual Fintech Platform for the MENA Region
Bahrain has established a new Fintech hub, called FinHub 973, in order to promote financial inclusion and support the local economy. ( read original story ...)
China’s five-year plan to place ‘significant de-emphasis’ on growth target: Think tank
Paulson Institute's Damien Ma discusses China's 14th five-year plan, including its dual circulation strategy and shift in focus toward quality of life and jobs. ( read original story ...)
U.S. State Department Approves $2.4 Billion More in Potential Arms Sales to Taiwan: Pentagon
The U.S. State Department has approved the potential sale of 100 Boeing-made Harpoon Coastal Defense Systems to Taiwan in a deal that has a potential value of up to $2.37 billion, the Pentagon said on ... ( read original story ...)