China

DBS China caps off first RMB/SGD direct trade on launch day

Contributing to the acceleration of RMB internationalisation.

CCB's reluctance to compete for deposits in 3Q14 drives LDR to 72%

It's offset migration effect towards time deposits.

Barclays upgrades Bank of China to EW

Thanks to better earnings and valuation.

PBOC bent on lowering interest rates

Based on decline in repurchase rate.

Chinese investors bullish on making more outbound M&A in 2014

Even if there's international financial market volatility.