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The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
*Hong Kong launches fintech sandbox
*SFC designates CCPs for OTC derivative transactions
*PBoC to rule China’s bond market
*Korea opens world’s first Fintech Open Platform
With no new growth potential, Asia’s smartphone industry could be entering a period of consolidation.
CT has provided all the basic tools and know-how to help you get your operations started in the US and Canada.
Thailand’s petroleum giant tells CT how it centralised cash and liquidity management to cut down its minimal working capital requirement and support more investments.
The UK lender is no longer taking on any new international trade and cash mandates outside of the UK and Ireland.
Japan’s lenders are heading into Asia willing to loan, but plans of dominating Asian transaction banking are far from realised.
Honnus Cheung, CFO for Travelzoo (Asia-Pacific), outlines the first steps of building a business and picking the right bank.
American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable ...