The new administration in Washington is pushing a pro-growth agenda, which we expect will further support the recent strength in the US dollar. Comments from the president and senior representatives of the new government have suggested some concern about the dollar’s level. We expect the dollar to remain relatively strong in the coming year, however.

John Laurens leans back in his chair and looks out across the Singapore skyline. “Everything in the world has changed so much over the last 100 years, but there are fundamental aspects of trade finance that remain stubbornly anchored to the past,” he says. “Sure, there are new platforms and technologies but, fundamentally, documentation that is still in use today would be familiar to people in the 19th century.” For some banks and their clients, such familiarity might seem a comfort. But it clearly makes DBS’s head of transaction banking uncomfortable. Innovation for DBS is a matter of survival. And in the world of transaction banking the bank is aiming to be one step ahead of its rivals, two steps ahead of its clients and, as far as possible, in front of the disruption that is coming to this most traditional form of banking.

Many banks pay lip service to innovation, but none has embedded it as deeply into its operations as DBS.

Since the global financial crisis, the banking industry has been confronted with a wave of regulatory changes intended to ensure that the near-meltdown of 2008 is never repeated.

The surprises and uncertainty that characterized 2016 for treasury will continue this year. While some clarifications will materialize, the confluence of traditional and emerging priorities will also challenge decision-making. J.P. Morgan has identified the main areas of focus for treasury professionals below.

The surprises and uncertainty that characterized 2016 for treasury will continue this year. While some clarifications will materialize, the confluence of traditional and emerging priorities will also challenge decision-making. J.P. Morgan has identified the main areas of focus for treasury professionals below, and presents a short survey so you can share your view on how these drivers may impact your business – and to see what other treasurers think. Just submit your answers to proceed through this interactive article.

Greg Pierce, Head of Global Markets in the US, and Hossein Zaimi, Head of Trading, Asia Pacific, HSBC.

Euromoney hosts a number of annual economic and investment forums in tier-two and tier-three cities across China.

Shenyang has a rich cultural history. It is the birthplace of one of China’s greatest imperial dynasties and was the imperial capital during the reign of two emperors. It is considered one of the most important historical and cultural cities in China.

Shenyang and Germany have a close, long-standing and mutually rewarding association. The headline example of this is the highly successful three-plant BMW Brilliance operation in the city, but in fact the connections are deep and widespread.

Shenyang’s economic performance over the past 50 years is well known. But what is it like as a place in which to live?

For an industrial city, Shenyang has substantial environmental ambitions. It is, the city government says, a National Civilized City, a National Environmental Protection Model City, a National Forest City and a National Garden City.

Shenyang is considered the cradle of industry in China, where so many innovations took place as the modern country took shape.

Examining the best options for execution in challenging markets.

The Shenyang Economic Zone is an exercise in the theory that the whole can be greater than the sum of its parts.

A key part of the pooling process is the “Collaboration in Action” initiative under the LGPS framework, which sets out a number of targets for reducing costs arising from duplication of functions in areas such as custody, accounting, actuarial and investment consultancy.

As corporate treasures look ahead to 2017, the global outlook remains mixed, yet with positive momentum from gradually improving economic conditions.

Pension plans of many European companies are in crisis. Longer life expectancy entails paying out more in defined benefits, while volatile equity markets and low-yielding bonds have cut deep into investment returns. At the same time, the historically low interest rates and credit spreads result in higher discounted values of pension liabilities. Satu Jaatinen, Global Head of Corporate and Investor Solutions at Commerzbank, examines the strategic options for safeguarding pensions at risk.