Money market funds have so far failed to find favour with treasurers, except in China. A new product in Hong Kong could change all that – if high fees don't get in the way.
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.
China's decision to reduce bank reserve requirements, the third such move this year, surprised no one. But the timing and nature of the latest cut are clearly linked to the risk of a trade war.
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.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.
Having just completed a bank guarantee via blockchain, the CFO of the company behind Australia's Westfield malls tells CT what’s needed to get the distributed ledger into the mainstream.
Cross-investment in related enterprises, an opaque business model at the mercy of regulators and a netherworld of shadowy financial products, Anbang is a signal lesson in what to avoid in China.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.