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Multinationals will be able to avoid the risk of a challenge from tax authorities by sticking to a specified rate proposed by Korea's government.
Exclusive to CT, research firm East & Partners has compiled the second batch of data on the performance of Asia’s top transaction banks.
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.
Standing against the CFTC’s Gary Gensler on derivatives is justified. Ceding to his aims will only damage the ability to hedge risk.