The semiconductor chip manufacturer has announced the recruitment of David Zinsner to lead the organisation’s finance strategy from its California base, as the company continues to grapple with increased production demand and pandemic-induced supply chain pressure.
Soaring demand from property developers is helping lenders grow their loan books to record highs, as developers continue their land buying spree unfazed by the pandemic
A wave of cyberattacks could emanate from Pyongyang, experts warn, as the sanctions-hit regime looks for ever more sophisticated ways of getting its hands on hard currency.
If the chipmaker's record $773 million antitrust fine in Taiwan illustrates anything, it’s that rules are changing. No longer do small tech corporates need to be in thrall to powerful suppliers.
Oct 17, 2017
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Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
*CFETS announces list of participants allowed in interbank RMB trading
*China issues rules to clean up P2P lending
*MAS proposes National Payment Council
*RBI announces rules on group exposure framework
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime
Taiwan’s financial regulator has put on hold consideration of a proposal to empower banks to check borrowers’ derivatives transaction histories before offering credit.
Safe eases FX restrictions; FASB proposes changes in restricted cash standards; PBoC expands X-border financing management nationwide; Korea offers tax incentives for R&D; China replaces business tax with VAT; US Fed to vote on derivatives rules; and much more…
China suspends registry of all financial related companies; China to legislate credit law to crack down on defaults; CBRC asks banks to inspect bills of exchange; Taiwan ups ante on FX clearing; Japan FSA and CPAAOB reach auditing exchange deal with French counterparty; and much more….