What’s on the wish list for China’s private sector ahead of the ‘two sessions’?
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the fourth entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises. China’s private businesses, many still facing cash flow problems amid a prolonged property slump, want treasury bonds and legal obligations on state-owned enterprises and... [Continue Reading]
Premium bonds: odds of a win to get worse from April
Likelihood of winning to decrease after NS&I cut the proportion of the total invested amount paid out in prizesThere was some bad news this week for Britain’s 22 million-strong army of premium bond holders: the odds of winning a prize are to get worse.National Savings and Investments (NS&I) says it is cutting the proportion of the total invested amount paid out in prizes from 3.6% to 3.3% a year with effect from April’s draw. Continue reading... [Continue Reading]
Carney Visiting India, Australia and Japan to Build Canada’s ‘Middle Power’ Bonds
Prime Minister Mark Carney visits India, Australia and Japan seeking deals to strengthen his country’s links to Indo-Pacific powers and break Canada’s dependence on the United States. [Continue Reading]
Hong Kong Financial Secretary reassures public on debt management amid plans for additional bond issuance for infrastructure development
Hong Kong’s Financial Secretary, Paul Chan Mo-po, has reassured the public regarding the city’s capability to manage its growing debt load. During a radio programme, Chan confirmed plans for additional bond issuance aimed at expediting infrastructure development associated with the ambitious Northern Metropolis project. His statements come amidst rising public concerns about the long-term implications of such debt on future generations, particularly voiced by a university student who expressed apprehension over potential repayment issues. During the broadcast, Chan emphasized that the territory's debt levels remain "very safe" despite the planned bond sales, aiming to alleviate worries that the government's reliance... [Continue Reading]
