Tewoo's debt restructuring breaks the market's assumption that offshore creditors will get full repayment in debt workouts. Investors in China's SOEs need to brace for more defaults
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
Fitch Ratings has flagged how forward-looking ESG-related metric gives investors a clearer idea of how such risks can impact the corporate debt they seek to invest in.
A recent Goldman Sachs report estimates that capital flows worth $4bn have been lost to Singapore as a result of the recent HK unrest. Where does this leave Hong Kong as a corporate treasury hub?
Protests, riots and mayhem – it’s enough to give any treasurer indigestion. So is it time to move your treasury operations to Singapore, or should you wait out the storm?
The intensifying spat between the US and China could push refinancing costs sky high for corporates in Asia-Pacific heavily exposed to the dollar, S&P Global Ratings warns.
Treasurers seeking to obtain higher returns through safe yet liquid assets could consider US and European structured credit as alternative to traditional investments.