Tag: australia

Shanghai's free trade experiment could go live in the next two weeks; India looks to increase local bond market liquidity; Australia clear first interest rate swap

RBS and Bank of China announced their first commodity transaction using the Bolero electronic trade finance platform, following deals executed by Japan’s Mizuho Bank in March and China CITIC Bank last November.

China publishes new draft IPO rules; South Korea in the hunt for tax evaders: Samsung Group executives targeted; Myanmar to launch its first FX market.

Australia mulls changes in audit rules; Singapore clamps down on cross-border tax evasion; China eases up back-to-back lending rules.

Paul Drum, head of business and investment policy of CPA Australia, spotlights on transfer pricing risks arising from Australia’s renewed pledge to clamp down on profit shifting and tax avoidance.

Australia is deepening its ties to China, having invested 5% of its foreign reserves in Chinese bonds and arranging to trade directly with China in renminbi. What does this mean for the Australian dollar? CT asks the experts.

CFO of Australian mining company Boart Longyear, Joseph Raglan, is leaving the organisation after a year in which the company’s stock price has fallen 74.8%.

Justin Ye Jun, CFO of Sirius Well Manufacturing Services, a joint venture between Shell and CNPC, on running a successful JV.

Australian treasurers and CFOs say Chinese counterparts are requesting more LCs are part of their trade negotiations. The LCs are allowing the Chinese firms to line up better financing rates offshore.

Treasury associations are baring their teeth as financial regulations threaten to hurt their interests, but Asia lacks a unified voice.

Standing against the CFTC’s Gary Gensler on derivatives is justified. Ceding to his aims will only damage the ability to hedge risk.

HSBC was hauled over the hot coal for dodgy deals, but its novel financing for an asset rich/cash poor energy firm deserves merit.