Tag: japan

American scalable storage and data security firm Imation Corporation has sought a back-up liquidity line of 2 billion yen ($20 million) for its Japanese unit from GE Capital, based on the latter’s accounts receivable and inventory.

China eyes internet finance as new saviour; Japan stresses importance of unilateral OTC standards; DBS-Danamon merger highlights regulatory barriers in Indonesia.

China has eased the tax and regulatory burden for FX remittances made offshore; Bank Indonesia embroiled in bizarre toilet trading oddity; India shifts monetary policy to save rupee

If BAML's survey is anything to go by, expect a call from your friendly, neighbourly banker very soon if you're a CFO in Indonesia.

After a standard analysis by CT and S&P Capital IQ of advertising agencies' DSO revealed substantial delay of payments, Asia-based finance executives of the world’s largest ad firms have fought back claiming standard industry billing practices are mitigating factors in collections.

Advertising industry reps took to the front page of the Financial Times to gripe about clients extending payment terms. CT looked at the accounting statements of the largest publicly-traded agencies in Asia and the world to gauge how bad the situation is.

Asian companies were hit by extended days sales outstanding periods between 2011 and 2012, according to an Atradius payments survey. Indian, Indonesian and Chinese companies were impacted most.

Asian Development Bank president Haruhiko Kuroda is set to lead the Bank of Japan (BoJ). A known proponent of aggressive monetary easing (and therefore a useful ally to Japanese Prime Minister Shinzo Abe), CT asks the experts how the yen will fare?

Total global syndicated loan volume was down 16% in 2012. Asia-Pacific loans fared comparatively well and fell only 3%, mainly due to a buoyant Japanese market.

Japan’s economy shrank 0.9% in the third quarter of 2012. Slumped exports to China, lingering euro debt crisis and lower than expected capital expenditure have been blamed.

SWIFT gives corporations their own space at the annual SIBOS conference but went a little too far at Osaka 2012.

HSBC has launched a new suite of global liquidity solutions (GLS) in Australia and Japan. The new products will add capabilities to head accounts which allow sweeping up to midnight, netting, and cross-currency notional pooling.