Global funds are buying China’s best-performing bonds at a record pace as benchmark yields stand out in a world of cheap money

Global funds are buying China’s best-performing bonds at a record pace as benchmark yields stand out in a world of cheap money

Global funds accelerated the purchases of Chinese government debt, the best-performing bonds in the world this year, as expectations of policy easing put China ahead of other nations that are moving toward withdrawing the stimulus deployed in the pandemic era.Foreigners added 50 billion yuan (US$7.7 billion) of the nation’s sovereign debt in July, increasing their…

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BrandPost: 8 ways Google Cloud elevates agility and security for financial services

BrandPost: 8 ways Google Cloud elevates agility and security for financial services

The COVID-19 pandemic brought dramatic changes to the financial services industry. Already under pressure from nimble young fintechs to modernize, established banks and insurers were undergoing incremental digital transformation. But in 2020, they hit the gas pedal. Branches closed and remote work became the norm. Almost overnight, employees needed secure remote access to corporate systems,…

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