LCH is confident in Apac’s swaps and derivatives market, and has been working to localise its products. Having more local banks onboard is one of the approaches.
For corporate treasurers in Hong Kong and Singapore, risk mitigation strategies can only take you so far. CT looks at how the coronavirus recession will hit smaller economies hardest
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.
Hong Kong and Singapore might present themselves as the only spots to host RTCs. But corporates say setting up in China's capital can see a treasury unit play another role entirely...
CT's Working Capital Chronicle has been updated. New deals include: Singapore Airline's new FX payments facility; Toyota's new derivatives reporting platform; and LyondellBasell Industries' cash management solution.
Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.
Francis Wai King-fai, CFO of Dah Chong Hong Holdings, Hong Kong’s trading, auto and logistics conglomerate, talks to CT about the trials of piloting cash pooling in China, searching for non-European banks, and ...