A 20% reserve requirement set by Chinese regulators on dollar/Rmb forward contracts has an instant impact. As predicted, futures contracts are moving offshore.
Amid a sinking stock price and a short seller accusing the swimwear manufacturer of fabricating profits and stock manipulation, two executives at Hosa International take a swan dive.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
The Belt and Road Initiative could dramatically benefit China Inc., but a lack of policy coordination, homework and cultural understanding will seriously dampen the effect, experts at CT’s China Outbound conference warn.
The iconic Chinese conglomerate has developed an application that automatically files tax data to the authorities. Embracing technology rather fearing it is part of the philosophy, its CFO tells CT.
The electric vehicle company has announced a new China chief financial officer while the Singapore industrial conglomerate appoints a new group chief financial officer.
A former Deutsche Bank man will take up the reins as CFO at the Chinese developer, underscoring the increasing flight of investment bankers to the corporate sector.
The German lender appoints new head of global transaction banking in China. It says the country remains an important growth market as it cuts back elsewhere.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?