China’s banks’ purchases of US dollars maybe turning negative on a net basis, implying the dollars China raises through exports are no longer enough to cover its dollar import costs. Is China’s corporate sector ...
A severe liquidity squeeze in the offshore renminbi deliverable forward market was spotted on the very front-end of the curve, on July 3. The overnight implied rate shot up to 15% at one point. Should corporations be ...
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 ...
So India and China are happy to pump more in to bail out Europe via the IMF, Greece has formed a fragile but pro-austerity coalition. Is all safe now? Or should treasurers and CFOs continue to be fearful of a euro ...
Japan’s parliament has approved two new nominees to the Bank of Japan, Nomura's Takahide Kiuchi, and Morgan Stanley MUFG Securities' Takehiro Sato. Both are favourable to monetary policy easing.
Direct trading between the renminbi and the yen in China’s interbank market kicked off on June 1. We ask a series of experts what this development means for business and trade.