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?
Asia hosts some of the most sophisticated cash management systems; but does a multi-currency pool make sense for your company? CT looks into the pros and cons.
Troubles in shipping has caused the 78-year-old Japanese liner, Sanko Steamship Company’s chartering business model to collapse as it declared bankruptcy this month.
Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and ...
Carrie Lee, former engineer, banker and now group treasurer of Orient Overseas Container Line (OOCL), talks to CT about turning to Asian banks for financing, shoring up cash reserve to brave the shipping market, and ...
Direct trading between the renminbi and the yen in China’s interbank market kicked off on June 1. We ask a series of experts what this development means for business and trade.
European banks are pulling financing out of Asia with Singapore and Hong Kong badly hurt, especially in trade finance. Asian banks are taking some of the slack.