The finance team in charge of the company's marine services showed it could adapt to modern times as a restructuring process brought significant cost and time savings
Corporate treasurers and CFOs are backing a weaker renminbi in 2019, betting the People’s Bank of China will weaponise the currency to fight the escalating trade war.
Despite protectionist rhetoric, global trade and the consequent use of FX is driving big changes and opportunities in how treasuries manage their exposure.
It’s not just the US Fed that is seeking to increase interest rates – other central banks are poised to follow suit. Corporate treasurers with hedged debt need to respond.
Treasurers pondering the next frontier in artificial intelligence might be looking the wrong way. In-house experiments at Microsoft, the technology behemoth, hint at a revolution.
Instead of putting out fires when they arise, IBM has come up with an analytical tool that can help treasurers spot emerging risks. The company is already deploying it in the Philippines.
Once the domain of risk-takers and corporate buccaneers, these days the humble corporate treasurer is expected to be across commodity hedging. CT looks at what to look out for.
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.
The tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.