New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.
With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
Some 52% of Hong Kong-based enterprises questioned by KPMG have no interest in taking advantage of city's treasury tax incentives. Will its deep-pocketed government fight back?
Higher onshore funding costs – as well as tighter credit conditions – continue to put pressure on Chinese corporates to raise debt outside the country.
Proposed legislation would make it an offence to fail to prevent the bribery of a foreign official – even if they’re just a candidate for public office.
China's regulator will no longer prop up its currency using the so-called "counter-cyclical" factor after it hit 6.5 to the dollar. Treasurers may now have to change their assumptions.
Slow, complicated and expensive to transact, bitcoin is proving itself a poor medium of payment. China's hostility could also put the lid on the cryptocurrency's future.