*CFETS announces list of participants allowed in interbank RMB trading
*China issues rules to clean up P2P lending
*MAS proposes National Payment Council
*RBI announces rules on group exposure framework
When reading that thousands of customers at a Hong Kong gym chain are clamouring for refunds after several of the gym's branches closed, treasurers might simply ignore the news.
The percentage of Asia-Pacific companies reporting late payment issues remained high in 2015, and the situation isn’t expected to get better, with China proving a special concern.
A huge fraud case reported by China’s Bank of Tianjin under its bill financing business has cast a larger shadow over trade finance governance in the country.
The advent of digital technology is an important source of growth for national economies. It creates more jobs and is reshaping traditional industries and transforming all sectors, from fashion to automotive, from ...
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.