MAS is expected to take a balanced monetary stance in the months ahead; the FY 2026 Budget included a 40% corporate income tax refund for the 2026 year of assessment.
As Australia rolls out the new reporting system for CPI, the central bank is now less likely to cut interest rates at its next meeting in December; some market commentators are now expecting rates to rise in 2026.
The US Federal Reserve has decided to cut interest rates by 0.25% in a meeting this week after the US created only 22,000 jobs in August, well below trend.
The US Fed has kept the interest rate unchanged while the US has agreed a 15% tariff rate with South Korea; the BOJ is anticipated to keep interest rates steady this week.
Bank of America’s Venkat Eachur has shared with CT his views on inflation, supply chain shifts and digital disruption impacting treasurers in Asia, and how they can de-risk and capitalise on some strong domestic economies, amid an uncertain macro environment.
May 29, 2024
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In an uncertain global economy, one prediction that market participants are in unanimous agreement on is the prospect of rate cuts in developed markets. What does this mean for corporate treasurers, asks John Chiodi, chief investment officer, liquidity Americas, at HSBC Asset Management.
Despite a negative economic outlook, CEOs globally cite plans to pursue M&A activities this year. ESG awareness and supply chain reconfiguration are factors likely to influence targets.
Gopul Shah, director of corporate treasury and structured trade finance at Golden Agri-Resources discussed how best to navigate the supply chain challenges of recent months.
Geopolitical tensions, ongoing Covid-19 challenges, and inflationary pressures are prompting APAC CEOs to rethink their supply chain strategies and investment plans.