Cash & Liquidity

The desire for greater visibility of funds is accelerating the evolution of cash pooling structures across the region. India and China are promoting themselves as locations for such activity. CT spoke with several bankers and treasurers to discover strategies.

China's State Power Group is aiming to use the revolving loan to increase clean energy supply capacity to countries and regions across the Belt and Road initiative.

CTF Services is looking to dispose of its shares in Shoucheng Holdings in exchange for the notes. Hong Kong has seen a spree of convertible bond issuances this year.

A rate decrease, longer tenor and a new capping process will be enabled from October 9.

CFO Patrick Chan discussed with CT the key reasons behind the improved half-year results for the Hong Kong-based environmental firm, as well as key strategies around cost control and cash management.

The softening jobs market in the US could see the US Fed act in September; however inflation pressure from tariffs are a concern.

Annapoorna Venkataramanan, head of treasury, risk, insurance and capex investments, ArcelorMittal Nippon Steel India, revealed to CT the firm's strategy towards capital investments and treasury transformation in the fast-changing steel sector.

This idea behind the framework is to improve liquidity management and operational speed through six key policy areas.

In a pilot, Shanghai Commercial Bank issued a pre-authorisation on a co-loading freight forwarder’s commercial card so the main freight forwarder was paid within three days, and the co-loader has 56 days to pay; the bank uses the airport's cargo data platform for verification.

The US Fed has kept the interest rate unchanged while the US has agreed a 15% tariff rate with South Korea; the BOJ is anticipated to keep interest rates steady this week.

The facility has been designed to help mid-sized Korean shipping firms through time charter agreements; it is being supported by Crédit Agricole, Barclays and OCBC.

With fiduciary duty reforms and audit oversight changes now law, Korean corporates face growing shareholder pressure on capital allocation, dividend policy and financial transparency – placing treasury functions in the spotlight.