The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.
The huge stock market volatility in China is partly a product of the fact 80% of investors are retail. Why companies were so happy to take bank funding in return for their stock needs to be examined.
After the emphatic "No" vote by Greece’s electorate to agree to Europe’s credit terms, CT has leafed through market research reports to deliver a quick guide to the implications for Greece, Europe, Asia, and major ...
One of Singapore’s largest conglomerates has raised a Rmb50 million loan through a special pilot scheme set up in Tianjin. Similar transactions across China are expected.
Amid a host of anti-money laundering regulations, lenders are tightening the screws on cross-border payments. Treasurers in Hong Kong, for example, are being requested to supply detailed information on beneficiaries ...