News Centre

Strong Services Performance In SGX New Bond Listings In 1H14

Date 03/07/2014

• Strong momentum in the bond market continued in 2014 as shown in the half-year performance in SGX’s new bond listings. From Jan-Jun 2014, 259 new bonds were listed, up 16% compared to same period last year. S$112.3 billion was raised in 1H14, up 8% compared to the same period last year.
• Of the bonds listed on SGX in June, 53% are rated and 47% are unrated. Bond issuers may use credit enhancement features to improve the bond’s credit rating or may issue unrated bonds even if the issuers have credit ratings.
• Robust investor appetites for Thai bond issues and China’s Hainan Airlines returned to Singapore’s RMB-bond market in June with a re-tap of a previous transaction completed in May.

TheCityUK: UK’s Financial Services Trade Surplus Biggest In The World, Dwarfing Its Nearest Rivals

Date 03/07/2014

New figures from TheCityUK reveal that the UK’s trade surplus in financial services is the biggest in the world, more than two and a half times bigger than the next largest surplus recorded by the US and three times higher than Luxembourg in third and Switzerland fourth. The latest figures available show that the UK’s financial services trade surplus was $71bn in 2013, up from $68bn in 2012. According to TheCityUK, this demonstrates the huge competitive advantage the financial and related professional services industry brings to the UK, and the importance of the industry in attracting international business activity which creates jobs and generates economic growth.

The Bank Of England's Monetary And Financial Policy Committees: Guiding The Economy Towards A Sustainable And Safe Recovery - Speech By Jon Cunliffe

Date 03/07/2014

In a speech on Thursday, Jon Cunliffe explains how the Financial Policy Committee and Monetary Policy Committee work together to meet the Bank’s new mission, which is “promoting the good of the people of the United Kingdom by maintaining monetary and financial stability”.

UK's Financial Services Trade Surplus Largest In The World, Dwarfing Its Nearest Rivals

Date 03/07/2014

The UK enjoys a clear competitive advantage in financial and related professional services. ThisKey Facts report serves as a reminder of why its leading global position in international financial markets should be valued and supported.

Hong Kong's Securities And Futures Commission Revokes Licence Of Yip Wan Fung And Bans Her For Life

Date 03/07/2014

The Securities and Futures Commission (SFC) has revoked the licence of Ms Yip Wan Fung and prohibited her from re-entering the industry for life.

Structure Of Government Debt In The EU - In most EU Member States, Securities Other Than Shares Were The Main Financial Instrument In 2013

Date 03/07/2014

In 2013, in the EU28, 81% of government debt1 was financed by issuing securities (bills, bonds, etc. excluding shares and financial derivatives), 16% by loans and 4% by currency and deposits.

Marine Harvest Selects NASDAQ OMX's BWise To Ensure Rapid Deployment To Support SOX Compliance Processes

Date 03/07/2014

NASDAQ OMX's BWise (Nasdaq:NDAQ), a global leader in Governance, Risk Management and Compliance (GRC), announced today that it has been selected by Marine Harvest, one of the largest seafood companies in the world, to support their SOX compliance processes. Marine Harvest will leverage BWise's Rapid Deployment Solution for Internal Control (RDS IC) to document and prove control over their internal control processes.

Euronext Records Strong Listing And Trading Activity For The First-Half Of 2014

Date 03/07/2014

Euronext today releases its listing and trading volumes for the first six months of 2014. Euronext continued to assert its position as the largest Eurozone capital raising and equity trading centre, posting the strongest 6-month performance since the end of 2011.

Stock Exchange Of Thailand: Thai IPOs Remains Sound In H1 Despite Domestic Uncertainties

Date 03/07/2014

The Stock Exchange of Thailand (SET) revealed that 17 newly listed companies raised funds through SET and its Market for Alternative Investment (mai) in the half of the year with a combined market capitalization of THB127.14 billion (approx. USD 3.8 billion), although domestic uncertainties have adversely affected the overall investment.

Misys Launches Transformative, Modular Core Banking Solution With “Outside-In” Approach To Accelerate Digital And Core Systems Modernisation - Misys FusionBanking Essence Increases Banks’ Relevance To Customers And De-Risks Core Banking Transformation

Date 03/07/2014

Misys, which provides the broadest portfolio of financial services software on the market, today launched its newest solution to enable banks to transform their retail and SME banking businesses into streamlined customer-centric profit drivers. The new offering, Misys FusionBanking Essence, mirrors the way banks need to start transforming their digital businesses to remain competitive. This “outside-in” approach empowers banks to address their digital strategy first, then enabling the renovation of the product factory, and then continuing with the  modernisation all the way to the general ledger.