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Honnus Cheung, CFO for Travelzoo (Asia-Pacific), outlines the first steps of building a business and picking the right bank.
Korea is seeking to reduce its reliance on US dollars as a trade currency, and hoping to tap its swap line with China more. CT asks is this a sound strategy?
European banks have been pulling their exposure to the US as regulation, bad debt and credit risk aversion all force them out of the game.