The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
China's central bank hopes beefing up a central registration system will lead to an injection of working capital for SMEs. Here's why it could instead cost companies big.
Borrowers in China are now faced with a clampdown as the banking watchdog sets oversight on how lenders should deal with the collateral pledged for loans.
China’s top policymaker turns on the tap (again) for companies to sweep renminbi funds across borders via two-way renminbi cash pooling ... though it's not entirely clear how this differs from the existing regime.
The central bank is now making it easier for renminbi to be remitted, but conditions still apply. Treasurers in China are, however, holding fire until more information is available, CT understands.
Malaysia’s PM promises to deliver some ‘liberalisation’ in the domestic FX market in the future, months after the country banned the offshore NDF market. But the lack of detail is disappointing.
Chinese lenders could undergo a liquidity crunch as the central bank incorporates wealth management products as part of its regular credit assessment, CICC warns.
Instead of parking liquidity at a commercial bank in Thailand, Mitsubishi Electric wants to achieve better deposit yields and cash investment returns by pooling, CT has learnt.