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Small Businesses Should Re-Invest 9% Of Profits To Succeed, Finds New Study
Date 26/08/2020
- A quarter (25%) of small businesses say re-investing profits back in the business is one of the most important factors driving the success of their business
- Top-performing firms re-invested an average of 9% of their profits into the business
- This compared to 5% among their less-successful peers
- New findings come as part of an independent, holistic study into small business success, commissioned by Allica Bank to support British businesses
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Prime Minister's Office (Monetary Authority of Singapore) Addendum To The President’s Address - Mr Tharman Shanmugaratnam - Senior Minister And Coordinating Minister For Social Policies And Minister-In-Charge Of The Monetary Authority Of Singapore
Date 26/08/2020
1 The Singapore economy is going through its most severe downturn since independence. The Monetary Authority of Singapore (MAS) seeks to anchor economic and financial stability, and support businesses and individuals in riding out the COVID19 crisis. MAS is also positioning the financial sector to emerge stronger, so that it can continue to support the economy and provide more good jobs for Singaporeans.
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Thailand Focus 2020 Attracts 193 Foreign Funds, Showcasing Strength Of Capital Market
Date 26/08/2020
The Stock Exchange of Thailand (SET) today kicked off its first virtual conference "Thailand Focus 2020: Resiliency to Move Forward", in which Minister of Finance Predee Daochai bolstered confidence on investment in Thailand amid the new normal era, and 53 listed companies provided insights into investment opportunities to over 193 investors from 95 institutions globally. Foreign investors' enthusiastic response indicates that the Thai capital market remains attractive after the COVID-19 pandemic fades.
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Nasdaq Dubai, Zhongtai Financial International And Beijing Tian Tai Law Firm Sign Agreement To Attract Chinese Listings To Dubai
Date 26/08/2020
- Strategic cooperation will support Chinese bond and equity issuers that seek expansion by joining Middle East’s international exchange
- Nasdaq Dubai is ideal platform for companies seeking regional and global investment and high visibility
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Nigerian Stock Exchange, International Finance Corporation Promote Participation Of Women-Owned And Run SMEs Under The Nigeria2Equal Programme
Date 26/08/2020
The COVID- 19 pandemic has continued to disrupt economic activities all over the world, and the informal sector, and small and medium enterprises (SMEs) are at the centre of the crises. In light of the strong representation of female entrepreneurs within the SMEs space, The Nigerian Stock Exchange (NSE or The Exchange) hosted a webinar in collaboration with the International Finance Corporation to address the theme, Supporting SMEs and Women-Owned Businesses in Corporate Value Chains.
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Hong Kong Securities And Futures Commission Bans TS’O Jing For Life
Date 26/08/2020
The Securities and Futures Commission (SFC) has banned Mr TS’O Jing, a former relationship manager of China Citic Bank International Limited (CITIC), from re-entering the industry for life following his conviction for fraud.
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Shenzhen Stock Exchange: The Securities And Fund Information Technology Application And Innovation Center Launches
Date 26/08/2020
On August 24, the launching ceremony of the Securities and Fund Information Technology Application and Innovation Center (the “Industry IT Innovation Center”) and the seminar on information technology innovation were held at the Shenzhen Stock Exchange (SZSE). Relevant persons in charge attended the launching ceremony of the Industry IT Innovation Center and conducted in-depth exchanges centering on strengthening the IT application and innovation within the industry. These attendees are those from the Department of Science and Technological Supervision and the Information Center of the China Securities Regulatory Commission (CSRC), SZSE, China Securities Depository and Clearing Corporation Limited (CSDC), and China Securities Information Technology Service Limited Company (CSITS), as well as seven securities brokers, six industry application service providers, and six technology service providers.
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ETFGI Reports Assets Invested In Actively Managed ETFs And ETPs Reached A New Record High Of US$194 Billion At The End Of July 2020
Date 26/08/2020
ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that actively managed ETFs and ETPs reached a new record high of US$194 billion at the end of July. Active products gathered net inflows of US$9.16 billion during July, bringing year-to-date net inflows to a record US$35.41 billion which is significantly more than the US$19.27 billion gathered at this point in 2019. Assets invested in actively managed ETFs/ETPs finished the month up to 8.0%, from US$179.82 billion at the end of June to US$194.18 billion, according to ETFGI's July 2020 Active ETF and ETP industry landscape insights report, a monthly report in the annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
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Japan Experiencing Higher Second Wave Of COVID-19 Cases Due To Opening Of Economy Too Soon, Says GlobalData
Date 26/08/2020
Japan is now experiencing a second wave that is much larger than the first after having COVID-19 under control for over a month. The country kept economic considerations a priority in its response to COVID-19 and fully re-opened by June 2020, a month after the first wave, which is now thought to have been too soon. This is a warning to other countries that they must not become complacent and resurgence of the pandemic is probable if the restrictive measures are relaxed too soon, says GlobalData, a leading data and analytics company.
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More Clarity In Swiss Open Banking: Leading Initiatives Join Forces
Date 26/08/2020
For a number of years already, there have been various different Swiss initiatives aimed at addressing the issue of interfaces between banks and third-party providers. This involves defining corresponding banking standards that are critical for sustainable innovations in the financial sector. Starting this month, the two leading initiatives – “Common API” from the trade association Swiss Fintech Innovations (SFTI) and “b.Link” from SIX – have made their API specifications compatible in the area of payments. They are thus establishing the first official standard that is not only accepted but also already in operational use by different market participants.
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