As trade tensions deepen, charting a path through increasingly desynchronised economies is becoming more difficult. Citi’s lead Asia economist tells CT what treasurers need to prepare for.
It's like nothing China's treasurers have seen in the past 10 years; a toxic combination of defaults, US rate hikes, a downturn at home, regulatory interference and trade tensions are killing bond issuance.
It’s one of the Asia Pacific’s fastest growing economies, but it can also be one of the more volatile. A central banker tells corporate treasurers what to watch out for in the Southeast Asian powerhouse.
In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
This week the treasurer of Deutsche Bank warned benchmark reform would have a bigger impact than the UK's EU departure. CT looks at one of its biggest issues – contract overrun.
A 20% reserve requirement set by Chinese regulators on dollar/Rmb forward contracts has an instant impact. As predicted, futures contracts are moving offshore.
Treasurers tell CT what a return to the reserve requirement on forward trading – which puts the brakes on renminbi-US dollar forwards – will mean for their operations.
The controversial tech firm has made the news for the wrong reasons of late, but its treasury is one to follow – sharing its experience with some of the country's biggest corporates.
Fearing China's currency could plunge to Rmb7 or Rmb7.50 to the dollar, a treasurer hedged mammoth debts while staying in line with the principles of IFRS9.
