Amid a sinking stock price and a short seller accusing the swimwear manufacturer of fabricating profits and stock manipulation, two executives at Hosa International take a swan dive.
Fearing China's currency could plunge to Rmb7 or Rmb7.50 to the dollar, a treasurer hedged mammoth debts while staying in line with the principles of IFRS9.
Money market funds have so far failed to find favour with treasurers, except in China. A new product in Hong Kong could change all that – if high fees don't get in the way.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
China has been pushing for more Panda issuance, and a Hong Kong-listed water supply company has delivered despite not holding the top credit rating. It explains how and why.
Calling itself “friendlier than a bank”, Neat top-up cards have made giant strides in the retail market, but now they’re turning their attention to business customers
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
CT kicks off its new weekly column on treasury gossip with a look at “Safe’s roadshow” to promote RMB bonds from non-Chinese issuers, and a book on Buddhism that’s shaping up as the new management Bible.
Four months after CBRC’s brought in new rules on entrustment loans as part of a crackdown on shadow banking, a treasurer tells CT just how difficult it has been for liquidity-hungry corporates