With the aid of Joe Ng, APAC head of RMB payments product management, at Deutsche Bank, CT offers up the key questions to help you prepare a shift to renminbi.
Clearing of renminbi in Singapore has begun. The first reported Singapore dollar/renminbi spot trade was completed by Deutsche bank for a client based on the offshore renminbi rate.
Deutsche Bank has brought in a brace of new structured trade finance chiefs to run its Asia-Pacific business. The pair take over from Paul Gardner who left to join Westpac.
After rifling through a bag-full of submissions, CT has selected ten trade finance transactions that represent the best in client management, innovation and sensible risk awareness.
SWIFT payment data shows renminbi use is on the up, while a Deutsche Bank survey indicates strong European SME interest. However, enthusiasm for renminbi from China-based suppliers may actually be waning.
The European debt crisis has deepened with Spain's borrowing costs surging and Greece unlikely to meet conditions of its aid package, which Asian currencies will be worst affected over the next year?
India recently announced measures to curb the Indian rupee’s unpleasant decline against the dollar. CT asks the experts whether this will have a positive effect or are India's authorities missing the point?
Shanghai HA International Trading Company made the first ever cross-border payment under the People’s Bank of China’s test program for simplifying payments into China. The requirements to be part of the pilot are high.