Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.
Political brinkmanship in the US has already caused the dollar to wobble. While most believe the debt ceiling will be lifted, should this consistent dysfunction raise doubts over the long-term position of the US ...
Australia cut its cash rate to 2.5% to spur broader economic growth. The Aussie dollar weakened in line with this, but the central bank has less appetite to continue cuts. Are these tactics working and where will the ...
Australia is deepening its ties to China, having invested 5% of its foreign reserves in Chinese bonds and arranging to trade directly with China in renminbi. What does this mean for the Australian dollar? CT asks the ...
Third quarter balance of payments data shows a high demand for Aussie dollar-assets. What is the growth driver? Are we going to see another surge in the Aussie dollar? CT asks the experts.
It has been argued concerns over a US fiscal cliff will not deter more capital inflows into Asia. Will policymakers in Asia stand in the way of appreciation? CT asks the experts.
Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and ...