Foreign Exchange
China to use forex reserves for commercial loans
China to use forex reserves for commercial loans
China has set up an office to handle trusted loans of foreign exchange reserves.
StanChart reveals results of its first-ever RMB Globalisation Index
The index remained relatively flat at 732 in October.
Cross Strait settlements to improve
Selection of Renminbi settlement bank proceeding cautiously.
China to tackle renminbi convertibility
Deregulation also necessary to carry out financial reforms.
CCB to internationalize the RMB
China Construction Bank Corporation will sell US$400 million.
ICBC wants Thai arm to promote use of yuan
China's strategy to strengthen yuan globally.
S. Korea to inspect FX trading
To curb the won's strength.
3 keys to Korean banks' resilience against foreign currency liquidity risks
Among the ways is terming out debt maturities and it finally paid off.
Korean Banks exhibit foreign exchange liquidity
Ample foreign currency liquidity of South Korean banks helped reduce the need for fresh loans in September, the financial regulator said Sunday.
Eurozone woes sap TAIEX
The TAIEX fell below the 7,700 point mark Wednesday as turnover shrank further amid lingering concerns over debt problems in the eurozone, dealers...
Taiwan to launch renminbi liberalization in November
Taiwan will begin its comprehensive renminbi-related businesses November 1 through authorized renminbi clearance banks.
ICBC doubles cross-border RMB settlements
ICBC's total volume of cross-border RMB trade settlement jumped 94.6% year-on-year to RMB 790.1 billion in the first half of 2012.
ICBC Beijing provides currency exchange in baht, Philippine peso
ICBC Beijing Branch has included the Thai baht and Philippine peso in its foreign exchange currency services.
How can banks customize their service model to cater to each client's needs?
Bankers say there is no 'one size fits all' solution nowadays.
SMEs still prefer conventional FX risk management
But bankers say that those with higher FX volumes could conduct such activity online.
More hedging solutions for Asian banks revealed
As various services and products emerge across Asia and trade is settled in different currencies, we sought the insights of bankers and analysts for...
Local currencies slowly becoming a substitute for G3 currencies?
Bankers believe local currencies are getting more important, but warns that their potential highly depends on the economic and trade positions it...