The People’s Bank of China announced yesterday afternoon that corporates can now invest in certificates of deposit, a much needed move to complete interest rate liberalisation
Fearful of crunches in liquidity, China’s securities watchdog wishes to overhaul money market fund regulations. They are broadly in line with international standards.
With the Royal Bank of Scotland out of the market for treasurers in Asia-Pacific, East & Partners Asia and CT reveal Asia’s best service providers for both cash management and trade finance in 2014.
Taiwanese money market funds are struggling to perform amid low interest rates. Some managers are shortening the duration of their portfolios, possibly in expectation of a rate rise.