Cash Management

PBOC considers policy change that would bring onshore and offshore RMB exchange rates into line.

PBOC considers policy change that would bring onshore and offshore RMB exchange rates into line.

With 97% of its cash overseas, borrowing for acquisition will allow it to avoid paying tax on repatriated funds.

With 97% of its cash overseas, borrowing for acquisition will allow it to avoid paying tax on repatriated funds.

Proposed regulations would allow many funds to retain constant NAV.

Proposed regulations would allow many funds to retain constant NAV.

Whichever rate succeeds Libor is also likely to replace fed funds.

Whichever rate succeeds Libor is also likely to replace fed funds.