Standard Chartered Bank has arranged a 10-year fixed renminbi cross-currency swap based on Hibor for an undisclosed client, highlighting the rapid development of the offshore renminbi market.
Taiwan's Uni-President and its Jiangsu-based subsidiary, Kunshan President, have structured a two-way, cross-border renminbi lending programme, with help from HSBC.
Sep 9, 2013
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India's RBI imposes further capital controls; Thailand's ombudsman proposes a crackdown on foreign land owners; Australia lays out the specifics of Basel III liquidity ratios
China eyes internet finance as new saviour; Japan stresses importance of unilateral OTC standards; DBS-Danamon merger highlights regulatory barriers in Indonesia.
Many of China’s small exporters denied hedging tools have warmed to the new FX hedging offering from Alibaba’s subsidiary Shenzhen OneTouch Business Services.
Starting September 1, China’s authorities on FX and taxation will roll out a new record-filing system to simplify tax compliance for outbound remittances.