Altering approaches

Corporates: Hedging strategies

Many of Asia's corporations have had a relatively simple life in the past five years. Cheap credit, easy equity financing, stable exchange rates and a benign interest environment - combined with stellar growth in many economies in the region and strong demand for imports from the US and Europe - have enabled corporate profits to grow rapidly.

It seemed that the greatest challenge for companies was securing access to raw materials for manufacturing upscale goods and services, with perhaps the