Currency Moves Take a Smaller Bite Out of Earnings
Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.
PlayStation Powers Sony to Slim Q1 Profit
The gaming unit accounted for more than 75% of Sony's total profit while the struggling smarthpone business broke even.
The Most Serious Emerging-Market Risk
Currency volatility is an annoyance, but it's when governments institute capital controls that multinationals really have a problem.
Conquering Foreign Currency Concerns
CFO offers the following stories on foreign currency risks, hidden costs of international payments, foreign market fixed rates, and multinational margins.
Gee, 20: No New Currency Deal, China Devalues Yuan
China's move, just two days after saying it would not devalue its currency, is unfortunately business as usual.
China’s Central Bank Devalues Yuan
China's foreign-exchange reserves slid $300 billion over the last four quarters.
U.S. Firms Still Lagging Behind in RMB Use
More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.
Currency Surprises Hammer Earnings
A strong U.S. dollar and other currency swings are revealing companies' shortcomings in the area of identifying and quantifying foreign-exchange exposures.
Bitcoin Technology Powering Other Applications
IBM is considering adopting the 'blockchain' technology to create a digital currency that could be linked to a person's bank account, according to Reuters.
Multinationals Hit Hard by Currency Volatility in Q3
The U.S. dollar rose 7.7% against the euro in the third quarter, widely affecting North American companies.
Feeble Yen Could Help and Hurt HP
While a weaker Japanese currency will lower component costs on some of Hewlett-Packard’s hardware, it will also give the computing giant’s overseas competitors a distinct pricing advantage, says HP’s CFO.