China developer Kaisa asks for more time in liquidity crunch
by Graham Buck
The group said it needs help to pay investors, workers and suppliers
Region
Industry roundup: 9 November
by Graham Buck
FIS and Cashforce launch forecasting/working capital data analytics solution; HSBC joins HKTVmall for merchant finance; ScotPac supports Anzac SMEs
Stablecoins need regulating, says US report
by Graham Buck
Operators of the digital tokens should be treated similarly to banks, according to regulators
Industry roundup: 4 November
by Graham Buck
Verto/ClearBank collaboration focuses on “underserved“ SMEs; Bank of America plans China securities arm
Cyber-attack is Australians‘ biggest concern
by Graham Buck
Corporate treasury’s headaches are shared by the country’s insurers
US Treasury Secretary: 15% is minimum global corporation tax rate
by Graham Buck
Janet Yellen said the proposed new rate “works” and won’t be reconsidered
Industry round-up: 2 November
by Graham Buck
Citi’s first sustainability-linked supply chain financing in Asia Pacific; EIB to end investment in oil and gas; ION launches TreasuraSpark
Industry roundup: 28 October
by Graham Buck
BNP Paribas launches law-carbon transition unit; Apollo bank wire network to debut in January; Blockchain-based platform Partior goes live
US firms still cautious on cash, reports AFP
by Graham Buck
US companies are continuing to steadily accumulate cash, the latest quarterly survey from the Association for Financial Professionals suggests
India’s corporate governance standards gain a boost
by Graham Buck
Regulatory changes proposed by the Securities and Exchange Board of India (SEBI) will benefit good corporate governance standards, says Fitch
Industry roundup: 7 October
by Graham Buck
News in brief featuring NatWest's AML lapse and BNY Mellon joins Marco Polo network
HKMA seeks answers to central bank digital currency questions
by Graham Buck
The Hong Kong Monetary Authority (HKMA) sounds a cautious note on the topic of central bank digital currencies (CBDCs)
IKEA to shift more production to Turkey
by Graham Buck
IKEA will move more of its production to Turkey in response to supply chain strains
ForgeRock releases open banking and PSD2 accelerators
by Graham Buck
The management software identity and access software specialist is accompanying the launch with an on-demand webinar
More Apac treasury teams involved in digital strategy
by Graham Buck
But many CFOs and corporate treasurers still see it as more the responsibility of their tech colleagues, a DBS Bank survey finds
Russia’s finance ministry ‘seeks delay of Basel III reforms’
by Graham Buck
Finance minister Anton Siluanov wants Russia's central bank to hold off requiring banks to boost their capital buffers, says Reuters
Europe move on deforestation may impact on supply chains
by Graham Buck
The European Commission has signalled action to protect and restore the world’s forests, which are home to 80% of biodiversity on land
Asia investors undeterred by low returns on money market funds
by Graham Buck
Preservation of capital and the provision of liquidity are the main reasons for the increasing popularity of MMFs
Starling Bank moves further into business banking
by Graham Buck
The UK digital bank is opening up its business account to more SMEs as it steps up a challenge to the country’s Big Four
EY and Open Banking Nigeria work on financial services innovation
by Graham Buck
The Big Four accounting group will partner in developing a standardised API interface for open banking in Nigeria
Apple supplier IQE explores new Asian supply chains
by Graham Buck
The chipmaker says that its supply chains worldwide have been reviewed in response to escalating US-China trade tensions
China’s regulator targets supply chain finance fraud
by Graham Buck
Recent cases involving allegations of fraud have persuaded the CBIRC that tighter controls are needed
ETFs “are no Harry Potter product”, claims industry
by Graham Buck
The European Systematic Risk Board (ESRB) warned that exchange traded funds pose a possible systemic risk to the financial system
UnionBank joins blockchain converts with pilot
by Graham Buck
In partnership with OCBC Bank in Singapore, the Philippines bank became the first to pilot a blockchain-based remittance