Working with RBS, Sonepar has successfully implemented a cross-border renminbi cash pooling structure within the Shanghai free trade zone. The first sweep was completed from Hong kong to Shanghai.
Bank Indonesia is planning to changes its existing definition of deposit in a bid to cool off an interest rate war in the country and increase bank liquidity.
HSBC was granted the power to make tax payments on behalf of its clients in Shanghai - the first foreign bank to receive it. The news could reduce the need for international companies to open accounts with local ...
After 13 years in the wilderness, the Malaysian Association of Corporate Treasurers (MACT) officially re-launched. A key aim will be to lobby on behalf of its members and help educate the treasurers, especially those ...
Shanghai's free trade zone (FTZ) is now officially open. CT breaks down the key policy ambitions,business opportunities, registration requirements, and present hurdles.
The discrepancy between China and Hong Kong's export/import data has narrowed to $6.3 billion in June after China's FX regulator started targeting fishy trade invoicing in April.
China’s central bank has lifted a host of restrictions designed to make renminbi cross-border trade settlement easier to conduct, while at the same time announced new measures to promote greater offshore renminbi ...