Financial Hub
Hong Kong Slides to 4th Place in Global Financial Hub Ranking
| S Satapathy | | Apr 08, 2016 09:32 AM EDT |
In the latest ranking of the top global financial centres released by research group Zen onWednesday, April 6, London continues to top the list with New York in the second position. But in a significant change of position, Hong Kong slipped to the 4th slot, while Singapore climbed one place to become the 3rd leading global financial centre in the world.
First Yuan Hub In North America Facilitates Business For Global Traders
| Vittorio Hernandez | | Mar 23, 2015 11:06 PM EDT |
A Canadian offshore trading center for yuan, China's currency, would facilitate business for companies trading with China and Canada. It is also expected to increase trade between the two nations.
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