The partnership comes amid the bank’s realisation that big data and emerging technologies can be harnessed to assist online merchants in the financing process
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
As Singapore wades into digital lending, with the Monetary Authority of Singapore inviting firms to submit proposals for virtual banks by August, SMEs are set to gain the most
China’s Belt and Road will cut transport times and costs but countries along the trade routes would need to develop better safeguards to address the debt sustainability risks stemming from the project, according to ...
Letters of credit may be a necessary evil that prolongs the trade process, but financial regulators in the two cities are pushing blockchain as a way to solve an old problem.
While the People’s Bank of China hopes cuts to its reserve rate ratio will inject liquidity into the SME market, the fundamentals still weigh heavily against it.
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.
Pacific Andes, once the world's biggest fish filleter, suspected by New York bankruptcy trustee of using cash raised to buy fish to fund $800 million takeover. The group denies the claim.
Transitioning onto the nation’s electronic system can save treasurers in China from a massive paper hunt, but the banking industry needs to be ready first.
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.