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Renminbi becomes one of world’s top five payment currencies, says study

China’s renminbi (CNY) has become one of the top five world payment currencies in terms of value since November 2014, overtaking both the Canadian dollar and the Australian dollar, according to figures compiled by the Society for Worldwide Interbank Financial... 30 Jan 2015

Basel Committee sets out more consistent risk disclosure rules for global banks

Changes to the way in which large banks must report the risks that they hold on their balance sheets will make it easier to compare their financial positions, global regulators have said. 30 Jan 2015

UK-Singapore financial cooperation to extend to infrastructure, public-private investment

Singapore and the UK are to collaborate in promoting greater private financing of infrastructure development in South-Eastern Asia, including through public private partnerships. 30 Jan 2015

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