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Financial Times (May 23)

2014/ 05/ 23 by jd in Global News

“India has a new prime minister; and each of Asia’s four most powerful nations is now led by a combative nationalist.” India’s Modi, Japan’s Abe, Russia’s Putin and China’s Xi make up the four “nationalist horsemen” who will transform Asia and perhaps the world. “The multilateralist assumptions of the postwar order are giving way to a return to great power competition. Nationalism is on the march, and nowhere more so than in the rising east.”

 

Euromoney (May Issue)

2014/ 05/ 23 by jd in Global News

Trading in fixed income, currencies and commodities (FICC) is being transformed in a manner that’s benefiting investors and putting the squeeze on many big banks. “The move to electronic trading is accelerating; margins are getting tighter (no sign of oligopolistic pricing here), as competition and transparency grows, and the costs of maintaining a leading tech platform, once built, never go away.”

 

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