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Covering all aspects of financial services in Asia from banking in China to algo trading in Japan.
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In February 2013, China became the second largest active Bitcoin market globally as measured by wallet downloads. This has attracted new Bitcoin based businesses to China and what could be a massive market for the developing virtual currency. An example is Bitfash, which was launched in April 2013 and became the first online shopping platform for ...
18 September 2013
So having spent three of the last four weeks in Shanghai, it was time for me to move on over the weekend. Following a 4 ½ hour flight, my flight touched down at Singapore’s Changi Airport Terminal 2, and at 7pm as the plane coasted to a halt the captain proudly announced the outside temperature was 86 degrees. This was nothing to the temperature...
02 April 2012 /retail
One of the most interesting parts of doing market research in China is learning about the innovative ways of doing business. A few weekends ago the fracas over the China launch of the iPhone 4S at the Apple store in Beijing got me thinking. If you haven’t followed the story, basically, the store was meant to open in the morning and people had queu...
30 January 2012
Anyone who has lived long enough has their own China banking story. Mine was when I first arrived many years ago. My landlord banked with Bank of China (BOC) and I banked with the Industrial Commercial Bank of China (ICBC). At that time (2004), personal bank to bank transfers weren’t possible without a tremendous amount of paperwork, so once per m...
01 September 2011
Frequently companies issue press releases talking about a new agreement or MOU with a Chinese financial institution or market player. As Chinese companies globalize and more foreign companies setup offices in China, announcements like these are becoming more common, it is worth taking a minute to reflect on what MOUs or agreements actually mean bo...
16 August 2011
Recently there seems to have been an increased focus on the presence of foreign banks in China and their domestic China businesses. There was an article in the WSJ last week that mentioned the number 86% which represents the increase in foreign banks' lending in China in 2010. A webinar from Celent talks about how JVs/partnerships are still the wa...
02 June 2011
China, for once, is relatively quiet – well in certain respects. Today, we’re nearly mid-way through the two week celebration of Chinese New Year as we move into the year of the rabbit. The streets for the past week have been somewhat quiet and offices were closed as millions of Chinese returned to their hometowns to celebrate the lunar calendar
09 February 2011
Without a doubt when we look back at the year in review for 2010, one of the key industry issues of the year will be that of consumer data protection. With numerous breaches at some of the world’s largest banks and credit card institutions, it’s clear that data privacy and protection is still an issue – and one that is back on the front page this ...
16 August 2010
Critical to the continued growth of the Chinese economy is the further development of the financial services industry. Once highly protected and staid, the industry has opened up significantly since China’s accession to the WTO in 2001. Foreign banks have gradually been allowed to enter the market, establish branches and offer RMB denominated serv...
06 April 2010
I found this great analysis concerning this VSMR new release : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42938028 Another outrageous revenue projection "Based on the current $22B annual spend on in-bound remittance transfers in the Philippines today, the Company estimates a conservative one percent share of the market, g...
28 October 2009 /payments
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