Many of China’s small exporters denied hedging tools have warmed to the new FX hedging offering from Alibaba’s subsidiary Shenzhen OneTouch Business Services.
Chinese banks’ soaring profits may soon be a thing of the past since the nation started liberalising its interest rates last June, which continues to erode their earnings.
Hopewell Highway's offshore renminbi equity issuance should be considered more of a marketing and branding tool than a clear view on the currency. That said, the deal will give treasurers some food for thought.
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 ...
Thailand's economy is back on track after government efforts have helped promote consumption and investment after the deadly floods ravaged manufacturing last autumn.