Currency

Is currency manipulation a bad idea?

Countries have long used currencies as a tool to gain competitive advantage and economic muscle. However, in modern-day context, currency devaluation has a greater political subtext where manipulation by a stronger country doesn’t allow it hegemonic control over others, reports The Globe and Mail. The report features an interview with Benn Steil, director, international economics, […]

By Staff |March 25, 2013

1 min read

China woos foreign investors with renminbi relief

China has expanded its renminbi qualified foreign institutional investor (RQFII) quota scheme, sweetening for foreign investors the prospects of investing in China. The new regulation further enables international investors to use their renminbi holdings to buy onshore assets, reports FT.com. The changes are said to mainly benefit financial institutions registered and operated in Hong Kong, […]

By Staff |March 20, 2013

1 min read

Central bank intervention is the new norm

Central bank stimulus is now driving asset values around the world.

By Jacqueline Louie |March 15, 2013

2 min read

Dollar and U.S. equities rise in tandem

The U.S. dollar has shaken off its negative correlation with U.S. equities. Since the fall of Lehman Brothers, the dollar and equities have moved in the opposite direction to each other, but this year they have both risen, reports FT.com. Some analysts say the reason for this trend is the perception among investors that the […]

By Staff |March 1, 2013

1 min read