Amid a sinking stock price and a short seller accusing the swimwear manufacturer of fabricating profits and stock manipulation, two executives at Hosa International take a swan dive.
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.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?
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.
Corporates facing bankruptcy in India will get a second chance before landing in insolvency court after RBI approves ‘provisional ratings’ based on restructure agreements.
“Guanxi”, or networking, is an important part of Chinese business culture, but companies need to be aware that under new rules, that lavish gift could now constitute a bribe.
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.