As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
As its main resources exporter, Australia’s fortunes may be highly linked to China’s. However, there are early signs of decoupling. What does this mean for liquidity?
Head of Commercial Treasury Abel Martins Alexandre spoke to CT about relocating its treasury from London to Singapore – and what it took to transform its treasury into a commerical entity
China backs away from new e-commerce rules; China clarifies tax position for foreign bond holders; AML probe deepens on Japanese bank; RBA takes aim at bank profits; MAS grants first private securities platform licence
HSBC and BNP Paribas are behind a blockchain-enabled letter of credit for a bulk shipment of iron ore between Australia and China, cutting a two-day process down to two hours
The French bank intends to boost its presence in China and the Asia Pacific region. It's promoting three senior staff and poached two from Deutsche Bank.
With no ready replacement after Libor’s expected demise, what can treasurers expect in terms of a working rate benchmark. CT waltzes you through one option being worked on in Australia.
With the world's key interest rate benchmark set to disappear as soon as 2021, those expecting an easy transition risk a rude awakening, a top Australian official says.
