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AirAsia Berhad named Vijay Gopalan as chief financial officer of AirAsia India on August 19, in a move aimed at bolstering the management of its new joint venture with Tata Group and Telestra Tradeplace.
American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable ...
China’s FX regulator has simplified foreign debt registration which eases restrictions on back-to-back lending between banks in China and Hong Kong. James Wang Yong, an attorney at Han Kun Law Offices in China, ...
US-listed Moog Inc, a designer and maker of precision control systems, is the latest addition to a handful of MNCs granted a quota from China’s central bank to make cross-border renminbi intercompany loans.
The US car maker has received PBOC's approval to lend money out of China with the end goal to help its headquarters in Michigan to settle Chinese supplier payments in renminbi.
As Chinese contractors win more bids to build infrastructure projects offshore, bankers at Societe Generale are detecting an uptick in performance bonds being issued in renminbi.
