Just as others – including heavyweights IBM and JP Morgan – are racing into the cryptocurrency space, Citibank is getting out. Just how useful will this kind of tech be for corporate treasury?
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
US and Singapore agree to share fintech information; Singapore, HK combine multiple QR codes into one label; Indonesia to lower the ceiling on import duty exemption.
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.
With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
A platoon of personal shoppers are offering a new option for corporates looking to build their presence in China. But selling via so-called daigou raises several treasury challenges.