Society for Worldwide Interbank Financial Telecommunication

New Business

Exclusive | Justin Sun eyes ‘Swift’ system for virtual asset sector, praises Hong Kong crypto progress

Cryptocurrency entrepreneur Justin Sun says he is trying to establish the Tron blockchain, which he founded and launched in 2018,…

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New Business

China rolls out plan to promote its own payment system as US trade war simmers

China has released an action plan to promote the use of the yuan and its own payment system in international…

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New Business

Yuan to catch up to China’s position in world’s economy: ex-official

Beijing would continue to advance the internationalisation of the yuan and further leverage Hong Kong’s role as a centre for…

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New Business

As mainland China broadens yuan’s global appeal, Hong Kong may play larger role

As mainland China attempts to broaden the use of the yuan in international transactions, Hong Kong will likely have a…

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