J.P. Morgan’s Asian head of wholesale payments for Asia Pacific outlines the bank’s vision to offer “locally nuanced” solutions to help treasuries handle local business problems
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
Corporate treasurers’ desire to standardise the way they manage their payments across borders is natural; it delivers greater visibility and the added versatility offers many advantages, including financing the ...