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European Parliament report calls for Cross-Strait talks, investment agreement with Taiwan

September 24, 2018

STRASBOURG - The European Parliament has adopted a Report on EU-China Relations during a plenary session in Strasbourg, France, in part calling on the European Union and its Member States to urge China to refrain from military provocation towards Taiwan, and endangering peace and stability across the Taiwan Strait.

New US/China tariffs raise risk of lower growth: S&P

September 19, 2018

HONG KONG – With China retaliating against the U.S. announcement of tariffs on $200 billion of Chinese imports - by imposing 5% to 10% tariffs on U.S. imports valued at $60 billion effective September 24 – ratings agency Standard and Poors is predicting what it calls “the shock arising from this escalation by both sides” to eventually have a larger proportionate impact on the U.S. economy than on China's.

SE Asia coal producers to face colder funding markets as climate warms: S&P

September 14, 2018

SINGAPORE - Coal producers in Southeast Asia could find themselves facing more difficult funding conditions as the region grapples with the environmental effects of climate change - despite strong underlying demand for coal to meet growing energy demand – ratings agency Standard and Poor’s says in a report published today.

China Development Bank appoints Citi as Agent on US$5 billion Certificate of Deposit programme

September 10, 2018

HONG KONG – Citibank’s Agency and Trust business, part of Citi’s Issuer Services division, has been appointed Paying Agent, Registrar, Transfer Agent and CMU Lodging and Paying Agent for the China Development Bank, Shanghai Branch USD 5 billion Certificate of Deposit programme.

Singapore issues draft notice on cyber security measures for financial sector

September 11, 2018

SINGAPORE - The Monetary Authority of Singapore (MAS) has released a consultation paper proposing a new Notice On Cyber Hygiene which will set out cyber security measures for prescribed financial institutions regulated by the Authority. The Notice seeks to outline a "clear and common cyber security waterline for the financial industry".

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