India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
*Hong Kong launches fintech sandbox
*SFC designates CCPs for OTC derivative transactions
*PBoC to rule China’s bond market
*Korea opens world’s first Fintech Open Platform
Korea is seeking to reduce its reliance on US dollars as a trade currency, and hoping to tap its swap line with China more. CT asks is this a sound strategy?
Troubles in shipping has caused the 78-year-old Japanese liner, Sanko Steamship Company’s chartering business model to collapse as it declared bankruptcy this month.
Carrie Lee, former engineer, banker and now group treasurer of Orient Overseas Container Line (OOCL), talks to CT about turning to Asian banks for financing, shoring up cash reserve to brave the shipping market, and ...