Treasury

The US is expected to impose 19% tariffs on Indonesian goods; meanwhile, Trump's wider tariff regime is starting to have a more pronounced impact on US inflation.

Amid the uncertainty a US giant has suspended some apparel orders from the country, which is competing with the likes of Cambodia and Vietnam; meanwhile government export subsidies are set to decrease.

The pause in rate hikes was meant to bring relief. Instead, Asia’s treasurers are confronting a new kind of uncertainty – one where FX volatility, not funding cost, is driving strategic risk decisions.

Oversubscribed more than 2.8 times, Kingboard Holdings’ latest HK$8 billion green loan highlights strong lender confidence as the company ramps up regional expansion and emissions-cutting investments.

Many Asian corporates, such as Tata International, are taking a leading global role in trade finance digitisation as they look to boost balance sheets and ensure continued access to credit.

The HKEX-listed Canadian oil driller has filed a share issuance to its creditors to pay for HK$38.4m worth of debt, amidst the company’s painful restructuring process.

Payment Connect, which currently involves 12 financial institutions, links Hong Kong's FPS with China's IBPS, and went live on June 22.

Despite operating in challenging market conditions, loan issuers in Asia continue to support companies across multiple sectors, such as aviation and telecommunications, in their quest to access sustainable finance; CT spoke to corporates and banks about the landscape.

As a result of the conflict, oil prices have risen ahead of the US Fed's meeting this week; meanwhile many flights have been cancelled or diverted, and the safety of ships in the Strait of Hormuz is under scrutiny.

Near-shoring, more suppliers and scoring systems are advised for Chinese retailers in reacting to tariff uncertainties.

Wendy Ooi has joined the Japanese bank from Standard Chartered, effective June 16.

The global pizza chain will sell 3.2% of its shares in DPC Dash through an accelerated bookbuild; it will keep a 3% stake.