HSBC tops the ratings for e-banking services provided in Asia-Pacific, based on East & Partners research. Citi, Standard Chartered, J.P. Morgan and DBS are the chasing pack.
Asian currencies recently fell on news the US Federal Reserve could slow the pace of its monetary stimulus later this year. Could these concerns pose prolonged risk to the Asian currencies? CT asks the experts.
Standard Chartered tops the ratings for services rendered in accounts and transaction facilities in Asia-Pacific, based on East & Partners research. Citi, UOB and Hang Seng Bank sit at the foot of the table.
Clearing of renminbi in Singapore has begun. The first reported Singapore dollar/renminbi spot trade was completed by Deutsche bank for a client based on the offshore renminbi rate.
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.
Almost half of companies in Asia witnessed overdue payment times increase in 2012, a 14% jump on the year before according to Coface. Companies in Hong Kong, Singapore and China witnessed more delays than elsewhere ...
ICBC’s Singapore branch can now provide renminbi cross-border settlements. What factors will help Singapore to rival Hong Kong as a renminbi hub and what will it mean for the CNH? CT asks the experts