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Exclusive-China bars brokerages from accepting new mainland clients for offshore trading, say sources - Vimarsana News

Exclusive-China bars brokerages from accepting new mainland clients for offshore trading, say sources

HONG KONG (Reuters) -China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking on new mainland clients for offshore trading, according to an official document seen by Reuters and confirmed by four sources. New investments by existing mainland clients are also to be "strictly monitored" to prevent investors bypassing China's foreign exchange controls, the notice said. The actions, which will restrict capital outflows, come as faltering growth for the world's second-largest economy has spurred investment overseas, wei...

Source: yahoo.com
Russia hits airfields; Kyiv imposes martial law - Vimarsana News

Russia hits airfields; Kyiv imposes martial law

Russia confirmed it was targeting military facilities across the country, including airfields and anti-aircraft systems. The government in Kyiv called it a “full-scale invasion” and President Volodymyr Zelenskiy imposed martial law.

Kyiv says Russia has invaded, cites airstrikes: Ukraine update - Vimarsana News

Kyiv says Russia has invaded, cites airstrikes: Ukraine update

Ukraine accused President Vladimir Putin of carrying out a full-scale invasion after the Russian president said he ordered a special military operation to 'protect' the Donbas region of eastern Ukraine.

China to ban online brokers from offering offshore trading to mainland clients - Vimarsana News

China to ban online brokers from offering offshore trading to mainland clients

Firms are likely to be notified of a ban in "the coming months", said one of four sources who spoke with Reuters. All sources declined to be identified as they were not authorised to speak to media.

Dealer unveils platform for offshore products trading - Vimarsana News

Dealer unveils platform for offshore products trading

Newly licensed offshore trading broker Exinity East Africa has launched a web-based online platform for equities, forex and commodities.