Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
Trade platforms have proliferated in Asia Pacific over the past six months but – as with all tech rushes – picking the right option is key. What should treasurers look for?
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
As China's currency hits its highest levels since 2015, analysts say it’s not about to end there. That's already leading to steep foreign exchange losses for some Chinese exporters.
Highly controlled and with tiny international reserves, there are many stumbling blocks to the renminbi as a global currency. But could emerging economies along the Belt and Road change all that?
Handling multiple foreign currencies has always been a headache for treasurers, but multicurrency netting is just one of the solutions that is being finessed by service providers.
Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?