Last May, Hong Kong passed significant tax savings to lure corporates to set up their treasury hubs in the city. All eyes are now on corporate tax filings due in August.
As the virtual currency's value explodes, one expert sees a day where it becomes a vital part of the treasury arsenal ... or even replaces the corporate treasurer entirely.
HK conglomerate announces a series of finance director changes at subsidiaries. Meanwhile Cathay Pacific, in the spotlight over hedging losses, names a new CEO.
Most airlines hedge fuel expenses. This time, Cathay Pacific failed to predict oil would stay cheap. It is not alone in making this call ... and it wasn't necessarily wrong.
A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.