| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : International Last Updated: Sep 22, 2009 - 5:23:35 PM


Asian cities close in on London and New York in Global Financial Centres Index; Dublin tumbles 13 places
By Finfacts Team
Sep 22, 2009 - 6:27:40 AM

Email this article
 Printer friendly page

Asian cities are closing in on London and New York in a ranking of competitiveness among the world’s leading financial centres and it now holds five of the top 10 spots. Dublin tumbled 13 places in the past six months.

The Global Financial Centres Index, ranks 75 cities and is produced twice yearly by the Z/Yen Group think-tank, in association with the City of London corporation.

The index rates and ranks each major financial centre in the world in terms of competitiveness. Since its launch in March 2007, the increase in the number of respondents and additional data in successive editions has highlighted the changing priorities and concerns of financial
services professionals, according to Z/Yen.

This 6th edition of GFCI, published Tuesday, provides ratings and rankings for 75 financial centres, up from 62 in GFCI 5, calculated by a ‘factor assessment model’. This combines instrumental factors (external indices) such as office rents, airport satisfaction and tax rates with assessments of financial centres from responses to an online questionnaire.

Five Asian cities have pushed into the top 10 since the fifth index was published last March.

Shenzhen has been placed at number five, with Shanghai and Beijing rising the fastest, to positions 10 and 22.

In the past six months, Hong Kong has gained 45 points and Singapore has added 32 points. All four cities now have scores in the 700s, threatening the leads of the top two.

European financial centres have had mixed fortunes since March. Several centres including Paris, Munich and Madrid have seen strong improvements in their ratings but Dublin and Glasgow have tumbled.

Dublin fell from 10th to 23rd place and Glasgow from 31st to 49th.

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

International
Latest Headlines
Friday Newspaper Review - Irish Business News and International Stories - - July 25, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - July 23, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - July 22, 2014
Monday Newspaper Review - Irish Business News and International Stories - - July 21, 2014
Friday Newspaper Review - Irish Business News and International Stories - - July 18, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - July 17, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - July 16, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - July 15, 2014
Monday Newspaper Review - Irish Business News and International Stories - - July 14, 2014
Friday Newspaper Review - Irish Business News and International Stories - - July 11, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - July 10, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - July 09, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - July 08, 2014
Monday Newspaper Review - Irish Business News and International Stories - - July 07, 2014
Friday Newspaper Review - Irish Business News and International Stories - - July 04, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - July 02, 2014
Markets: BNP Paribas admits crimes in US court; UK manufacturing was robust in June
Tuesday Newspaper Review - Irish Business News and International Stories - - July 01, 2014
Friday Newspaper Review - Irish Business News and International Stories - - June 28, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - June 26, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - June 25, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - June 24, 2014
Monday Newspaper Review - Irish Business News and International Stories - - June 23, 2014
Friday Newspaper Review - Irish Business News and International Stories - - June 20, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - June 19, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - June 18, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - June 17, 2014
Monday Newspaper Review - Irish Business News and International Stories - - June 16, 2014
Friday Newspaper Review - Irish Business News and International Stories - - June 13, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - June 12, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - June 11, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - June 10, 2014
Markets: Japan upgrades GDP growth in Q1 2014 as business investment rises
Monday Newspaper Review - Irish Business News and International Stories - - June 09, 2014
Friday Newspaper Review - Irish Business News and International Stories - - June 06, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - June 05, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - June 04, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - June 03, 2014
Friday Newspaper Review - Irish Business News and International Stories - - May 30, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - May 29, 2014