China's regulator will no longer prop up its currency using the so-called "counter-cyclical" factor after it hit 6.5 to the dollar. Treasurers may now have to change their assumptions.
From artificial intelligence to more stringent regional regulations, corporate treasurers in the Asia Pacific region will have their work cut out for them in 2018.
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?
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.
CT spoke with DFS and Tencent to find out how treasurers are surfing the WeChat Pay phenomenon and why PSP settlement is giving the e-pay platform the edge
Corporate treasurers in Hong Kong will watch pricing closely following the Moody's downgrades, though the wider outlook for local corporates is likely to remain robust.