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Photos of yuan and U.S. dollar banknotes are displayed at a money exchange in Hong Kong

Solutions to Managing Foreign Cash Flows

The hard reality is that companies involved in global trade are almost always exposed to exchange rate risk. Using very simple tools, uncertainty can be effectively stripped out of a transaction.
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China, Japan, S. Korea Agree On Trade Pact Talks

Chinese Premier Wen Jiabao called on northeast Asia's powers to cooperate more in the face of global economic headwinds, as China, Japan and South Korea agreed at a summit on Sunday to soon launch negotiations on a three-way free trade pact.
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Buddhist Monks' Smoking, Drinking And Gambling Scandal Sweeps South Korea

Six Buddhist monks were caught smack in the middle of a controversy, after a video showing the leaders performing illegal activities was aired on television networks, days ahead of a South Korea's religious holiday that marks the birth of Buddha.The controversial clip exposed the senior monks drinking, smoking and gambling with thousands in cash at stake involved. The incident, which reportedly happened in a luxury hotel room late April, was taped in secret and was released to the media a...
LNG tanker

Singapore's Temasek Investing $468M in US LNG Venture

Temasek Holdings Pte. Ltd., the Singaporean sovereign-investment vehicle and RRJ Capital, a private equity fund run by former Temasek executive Richard Ong, will jointly invest about $468 million in Houston's Cheniere Energy Incorporated (Nyseamex: LNG), as Singapore pursues its goal of becoming an Asian hub for liquid natural gas (LNG).

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