Foreign Exchange
ICBC wants Thai arm to promote use of yuan
China's strategy to strengthen yuan globally.
S. Korea to inspect FX trading
To curb the won's strength.
3 keys to Korean banks' resilience against foreign currency liquidity risks
Among the ways is terming out debt maturities and it finally paid off.
Korean Banks exhibit foreign exchange liquidity
Ample foreign currency liquidity of South Korean banks helped reduce the need for fresh loans in September, the financial regulator said Sunday.
Eurozone woes sap TAIEX
The TAIEX fell below the 7,700 point mark Wednesday as turnover shrank further amid lingering concerns over debt problems in the eurozone, dealers...
Taiwan to launch renminbi liberalization in November
Taiwan will begin its comprehensive renminbi-related businesses November 1 through authorized renminbi clearance banks.
ICBC doubles cross-border RMB settlements
ICBC's total volume of cross-border RMB trade settlement jumped 94.6% year-on-year to RMB 790.1 billion in the first half of 2012.
ICBC Beijing provides currency exchange in baht, Philippine peso
ICBC Beijing Branch has included the Thai baht and Philippine peso in its foreign exchange currency services.
How can banks customize their service model to cater to each client's needs?
Bankers say there is no 'one size fits all' solution nowadays.
SMEs still prefer conventional FX risk management
But bankers say that those with higher FX volumes could conduct such activity online.
More hedging solutions for Asian banks revealed
As various services and products emerge across Asia and trade is settled in different currencies, we sought the insights of bankers and analysts for...
Local currencies slowly becoming a substitute for G3 currencies?
Bankers believe local currencies are getting more important, but warns that their potential highly depends on the economic and trade positions it...
Maybank expects RM300M in ringgit mortgage expansion to Melbourne
Maybank expects a take-up of RM300 million in the next 12 months in expanding its overseas ringgit mortgage loan scheme to Melbourne.
China curbs forex rules for firms expanding overseas
Chinese firms will be allowed to use foreign currency loans they acquire from domestic banks to finance operations overseas starting on July 1.
RMB liquidity facility to open in HK
A facility for providing Renminbi liquidity to authorized institutions in Hong Kong has been unveiled by the Hong Kong Monetary Authority.
Sri Lanka expects foreign inflows to increase
Sri Lanka experienced positive first quarter foreign exchange earnings leading it to expect increased inflows this year.
Commentary
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems