Debt capital markets’ traditional resistance to change continues to hold back deployment of blockchain technology in terms of both bond issuance and post-trade processing.
As the PBOC sticks to 7.2-level fixing rate, Donald Trump’s administration’s decisions on tariffs will have the largest impact on the currency in 2025.
HSBC has become the latest bank to sign a $1bn risk-sharing facility with the International Finance Corporation, to help address a trade finance gap in emerging markets.
Digital negotiable instruments could improve working capital and attract liquidity from non-traditional sources, however implementation challenges demand a leap of faith on the part of corporates.
The Hong Kong Export Credit Insurance Corporation is seeking collaboration with more finance firms to address funding issues; mainland China, Japan, Asean, the EU and the US are target markets.