Almost half of companies in Asia witnessed overdue payment times increase in 2012, a 14% jump on the year before according to Coface. Companies in Hong Kong, Singapore and China witnessed more delays than elsewhere ...
A new pilot in China has given the green light for companies to move renminbi out of the country via inter-company loans. The scheme won’t yet allow the freedoms you might see in Singapore, Hong Kong, or Australia, ...
HSBC has launched a new suite of global liquidity solutions (GLS) in Australia and Japan. The new products will add capabilities to head accounts which allow sweeping up to midnight, netting, and cross-currency ...