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The Economist (July 2)

2022/ 07/ 04 by jd in Global News

“The pecking order of financial centres is changing.” Hong Kong, Shanghai and Singapore are all vying as “the map of Asian financial hubs is being redrawn.” Given that, “the region’s two emerging giants, China and India, have partial capital controls,” Singapore stands to “be the main beneficiary—provided it can handle some of the downsides of being a global centre for other people’s business.”

 

The Economist (March 2)

2017/ 03/ 04 by jd in Global News

The planned $30 billion merger between Deutsche Börse (DB) and the London Stock Exchange (LSE) “had been billed as a bridge between Europe’s two main financial hubs.” In tatters, the merger now stands as “a symbol of their growing competition—and of the uncertainty into which Brexit has plunged the EU’s markets.”

 

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