Tag: trade

Despite a tentative US, China deal, uncertainty around tariffs has increased demand for trade finance products from Asian corporates, as firms look to reroute supply chains, derisk and improve working capital.

Asian corporates look to strengthen ties across Asean in face of US tariff uncertainty; one Hong Kong-based CFO said their firm is sourcing more from Vietnam and Bangladesh.

Trade uncertainty has been cited as a major risk that could slow economic growth, as currency volatility continues across Apac, with the Taiwanese dollar surging.

The window left for negotiation remains key for the market to understand the impact of tariff policies, according to experts speaking at HSBC’s summit in Hong Kong this week; overnight the White House has announced 25% tariffs on cars from April 3 and car parts from May 3.

PGIM research challenges the idea that globalisation has been derailed, despite tariffs ramping up.

Banks in the city can provide longer tenor trade finance services with higher volumes for both Chinese and international corporate clients, under a new HKMA arrangement; some firms have already secured liquidity.

Digital negotiable instruments could improve working capital and attract liquidity from non-traditional sources, however implementation challenges demand a leap of faith on the part of corporates.

The reaction in Asia to Trump's victory has so far been broadly contained, according to Manulife Investment Management; however the pick of Howard Lutnick as commerce secretary suggests more tariffs on goods are in the pipeline.

The Global Trade Payment Platform, through a partnership with Visa, will help Korean SMEs cut down the number of payment receivable days, when trading with Japan, Taiwan, Singapore, the US and Mexico.

Global Trade Solutions is the new name for the HSBC’s Global Trade and Receivables Finance business, and is part of a market in Apac expected to be worth $7.1 trillion in 2030.

ADB’s Trade and Supply Chain Finance Program has supported around $57bn of trade in emerging markets since it was established in 2009.

Singapore and Hong Kong have emerged as the leading destinations for forex traders, ahead of other international financial centres, including London and New York.