Given EM’s increased dependency on FX debt, the world is in dire of need of the restructuring tools to deal with the potential fallout from rate tightening, Bank of Thailand chief warns.
The Thai sugar giant worked with JP Morgan to manage working capital fluctuations and put idle cash to work across its various operations in Asia and beyond.
Hong Kong and Singapore might present themselves as the only spots to host RTCs. But corporates say setting up in China's capital can see a treasury unit play another role entirely...
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.