Most Clicked Stories


1. Lee Kuan Yew, father of modern Singapore, dies

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 24, 2015

Lee Kuan Yew, the person responsible more than any other for building Singapore as it is today, died Monday at the age of 91. "He fought for our independence, built a nation where there was none, and made us proud to be Singaporeans. We won't see another man like him," said Lee's son, Prime Minister Lee Hsien Loong. Business Times (Singapore), The (03/23)


2. Stressed Chinese banks turn to bundling

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 27, 2015

The Western practice of bundling bad loans as securities to get them off the books is being adopted by some Chinese banks amid a rising wave of defaults. Analysts warn that the tactic may obscure the extent of risk posed by loans to stressed local authorities that have not yet been written off. Taipei Times (Taiwan), The (03/27)


3. U.S. Fed official sees dire risk of bubbles at low rates

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 25, 2015

Devastating bubbles in the U.S. economy likely will develop if the Federal Reserve doesn't raise rates soon, warned James Bullard, head of the Reserve Bank of St. Louis. Financial Times (tiered subscription model) (03/23)


4. New week, new signs expected in euro crisis, U.S. Fed policy

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 23, 2015

U.S. inflation figures due Tuesday will be closely analyzed by markets for further indications of when the Federal Reserve might raise rates. Across the Atlantic, observers will be watching as Greek and German leaders meet Monday amid growing expectations that Greece might be forced out of the eurozone. Reuters (03/22)


5. Mulling the grim how and when of a Greek euro exit

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 27, 2015

With time, patience and money in short supply, analysts are scoping out scenarios for Greece to leave the eurozone, a possibility that wasn't contemplated when the euro was established. Among the measures envisioned are the imposition of capital controls and a bank holiday, but outcomes could include the largest default in history tumbling Europe back into recession. Bloomberg (03/25)


6. Morgan Stanley bets U.S. Fed won't act until 2016

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 24, 2015

The U.S. Federal Reserve won't raise interest rates before 2016, Morgan Stanley told clients. The Fed recognizes "the asymmetric risks to hiking too soon versus hiking later when rates are at the lower bound," Morgan Stanley said in an investment advisory. Bloomberg (03/22)


7. U.S. Fed official highlights disinflation expectations

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 26, 2015

The U.S. Federal Reserve may have trouble reaching its 2% inflation target if expectations of an ever strengthening dollar assume the status of an underlying assumption, said Charles Evans, president of the Federal Reserve Bank of Chicago. The comments highlighted crosscurrents in thinking at the Fed and added to speculation over when it might raise rates. Evans said he would need to see core inflation rise above the current 1.3% and wages climbing 3% to 4% yearly. Reuters (03/25)


8. China considers ways to encourage venture capital

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 26, 2015

China may loosen investment rules and adjust tax law to encourage venture capital in a bid to promote investment and spur the economy, according to a guideline from the State Council. Foreign, local and state capital would be included. Xinhuanet.com (China) (03/23)


9. China's development bank welcomed by IMF

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 23, 2015

China's planned Asian Infrastructure Investment Bank has received prominent backing from the International Monetary Fund. The new institution is seen as a challenge to U.S. global authority as a growing number of U.S. allies sign on. BBC (03/22)


10. Chinese central bank chief charts steady course

CFA Institute Financial NewsBrief: Asia Pacific Edition | Mar 23, 2015

China plans to further ease capital controls in an ongoing bid to make the yuan fully convertible, said central bank Governor Zhou Xiaochuan. Zhou also indicated that the bank intends to stick to a conservative monetary policy despite recent rate cuts and reduction in reserve requirements aimed at lifting the nation's rate of growth. Business Times (Singapore), The (03/22)




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