Thomas Tan, CIMB global sales, FX and transaction head offers advice to companies considering billing in local currencies to obtain better trade terms and improve group-wide hedging strategies.
American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable ...
Chinese banks’ soaring profits may soon be a thing of the past since the nation started liberalising its interest rates last June, which continues to erode their earnings.