The Asian Development Bank (ADB) is on target with its goal to increase development finance to the Asia and Pacific region, it claimed. It says it is achieving most...

US-based White Oak Global Advisors has hired Kenneth Wendler as partner, chief credit officer, and member of the Investment Committee. He was most recently chief credit...

Global law firm Norton Rose Fulbright has hired Jonathan Siu and Sung Hwan ('SD') Choi to its shipping and offshore oil and gas team in Singapore office. Siu...

Global tenders for developers for the concentrated solar power (CSP) based phase IV of the Mohammed bin Rashid Al Maktoum Solar Park is slated for the third quarter of...

The Odisha government project for a 2.4GW coal-fired thermal power plant is in doubt. The mining cost of the allocated Tentuloi coal block make the project not viable and...

Canadian base metal producer Nevsun Resources has signed Glaswegan power generation equiptment supplier to provide a reliable 24-hour power solution for its copper...

In the most recent offering from TXF’s podders, the team discuss the benefits and challenges small and medium-sized enterprises (SME) currently face in tapping the export...

A new Dutch payment law that states buyers must not offer SME suppliers payment terms of more than 60 days could mean small companies lose access to reverse factoring or...

Financial software provider FIS saw its operating income jump to $260 million in the first quarter, from $184 million a year earlier, while revenue nudged up 3.4% to $2.2...

Shipping lines are exploring ways to further automate trade and finance documentation and exploit new Internet of Things technologyy, they told an industry conference....

The Malaysian company together with consortium partner EAG Capital are to conduct a feasibility study for a solid waste management and water desalination plant that will...

Oman Oil Company is sounding out banks for both the refinancing of part of the $1.85 billion three- to five-year unsecured revolver it closed in August 2014, and - in...

Ant Financial, an affiliate of Chinese online shopping giant Alibaba, is close to signing a $3.5 billion loan to help fund its purchase of US money transfer company...

While monthly trade data show that Singapore's exports are continuing to recover, the prospect of increased protectionism and further rate hikes could create...

The city of San Diego, together with the County Water Authority, are to advertise a Request for Proposals for an energy storage facility that makes use of the San Vicente...

Numerous working blockchain solutions will emerge within banks this year, with trade finance a particularly popular target, according IBM. Solutions being worked on are...

Qatar's Commercial Bank and Infosys's Finacle banking solution have completed a pilot of what they say is the first cloud-based blockchain network to process...

Developer Evermore has submitted detailed plans to the Department for Infrastructure for a £280 million combined-cycle gas-fired power project being developed...

Turkey's government has set the deadline for applications to bid for its second Renewable Energy Resource Area (YEKA) tender, this time for 1,000MW of wind...

Commodity group Glencore has closed a $7.335 billion, one-year revolving credit facility that refinances an existing $7.7 billion, one-year revolver that was agreed in...