Treasurers in Asia have a key role in avoiding the dangers posed by third-party misconduct. An EY survey shows many need to up their compliance efforts.
Sources confirm access to onshore CNY rates will be available offshore to companies within two weeks, reducing the need for them to open onshore accounts.
Pacific Andes, once the world's biggest fish filleter, suspected by New York bankruptcy trustee of using cash raised to buy fish to fund $800 million takeover. The group denies the claim.
The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
China's central bank hopes beefing up a central registration system will lead to an injection of working capital for SMEs. Here's why it could instead cost companies big.
Borrowers in China are now faced with a clampdown as the banking watchdog sets oversight on how lenders should deal with the collateral pledged for loans.
China’s top policymaker turns on the tap (again) for companies to sweep renminbi funds across borders via two-way renminbi cash pooling ... though it's not entirely clear how this differs from the existing regime.
