Currency

Shares Canada launches 3 unhedged ETFs Fallback Image Decorative pattern

Industry

Shares Canada launches 3 unhedged ETFs

iShares is launching three unhedged ETFs in Canada.

By Staff |April 15, 2013

2 min read

Emerging markets fall out of love with Euro Fallback Image Decorative pattern

Industry

Emerging markets fall out of love with Euro

Emerging markets are getting rid of their euro reserves en masse making the single currency a weaker rival to the dollar. Data released by the IMF reveals developing countries dumped €45bn ($58.8bn) of euros in 2012, reports FT.com. While the U.S. dollar still constitutes the bulk of their foreign currency reserves, the Australian dollar and […]

By Staff |April 1, 2013

1 min read

Is currency manipulation a bad idea? Fallback Image Decorative pattern

Industry

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 Fallback Image Decorative pattern

Industry

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