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News
06 October 2015

Standard Chartered 'most at risk from commodities crash'

London-headquartered Standard Chartered has the greatest exposure among European banks to commodity traders, with $1.9 billion of syndicated loans, according to...

Perspective
06 October 2015

Atradius chooses Bolero solutions for surety bonds branch

Credit insurer Atradius has chosen the financial solution provided by Bolero to efficiently process corporate transactions for corporate customers in its surety bonds...

News
05 October 2015

Supply chain finance vendors in 'open RFI' project

More than 30 providers of supply chain finance (SCF) services, including banks and technology platforms, are participating in a unique experiment to directly compare...

News
05 October 2015

Glencore shares soar on asset sale reports

Shares in embattled mining giant Glencore have jumped 17% following reports it was in talks to sell its agriculture business. The company's Hong Kong-listed shares...

News
05 October 2015

US, Japan and 10 countries strike Pacific trade deal

The US, Japan and 10 other Pacific Rim nations have struck the largest trade pact in two decades, in a huge strategic and political victory for US President Barack...

Perspective
05 October 2015

Trans-Pacific Partnership agreement finally reached

After five years of negotiations, agreement has been reached today in Atlanta on the far-reaching Trans-Pacific Partnership (TPP) trade deal. The TPP – an agreement...

News
05 October 2015

Trade growth in Rwanda boosted by $10m Afreximbank facility

The Cairo-based African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a facility agreement for a $10 million Afreximbank line...

News
05 October 2015

Shares in Glencore up amid sale reports

Shares in Swiss-headquartered commodity trader Glencore increased sharply amid reports that its board was open to offers for the company. Shares in London jumped by as...

Perspective
02 October 2015

Hapag-Lloyd secures $372 million Korean ECA-backed finance for new ships

Shipping company Hapag-Lloyd has signed a $372 million finance facility agreement with a syndicate of international banks backed by South Korean export credit agencies...

Perspective
02 October 2015

As the engine of global trade, SMEs need help

According to the International Chamber of Commerce (ICC) 2015 Global Survey of Trade Finance, SMEs are struggling to access finance despite playing a key role as both...

News
02 October 2015

EKF supports two UK biomass projects

Danish export credit agency EKF has just issued guarantees worth almost DKK1.1 billion for two new biomass power plants in north-east England: Port Clarence in...

News
02 October 2015

Zurich names new US executive as Riordan departs

Daniel Riordan, Zurich Financial Group CEO of global corporate business in North America, has left the insurer and will be replaced by the Zurich's reinsurance...

News
02 October 2015

Kexim puts Daewoo under pressure

South Korea’s second-largest shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has hit a hurdle in its efforts to obtain a capital injection after...

Perspective
01 October 2015

Trafigura closes $2.2 billion loan facilities in Asia with strong bank support

Trafigura Pte, the Singapore arm of global commodity trading company Trafigura has successfully closed its new syndicated revolving credit facility (RCF) and term loan...

News
01 October 2015

Treasury speakers announced for TXF Trade and Treasury event

Four new speakers have been announced for the TXF Trade and Treasury event in Frankfurt on the 12 November - 13 November. Fatah Berkane, treasury & finance...

Perspective
30 September 2015

SME trade finance gaps and diminishing correspondent banking highlighted by ICC survey

Small and medium-sized enterprises (SMEs) are among the hardest-hit by the trade finance gap – accounting for more than half of all rejected transactions, according to...

News
30 September 2015

13 more banks join R3's distributed ledger initiative

R3 has revealed that 13 more of the world's leading banks have joined its partnership to design and apply distributed ledger technologies to global financial...

Perspective
30 September 2015
in
Oil & gas

BAFT publishes oil and gas best practices financing report

The financial services association BAFT has published a new guide designed to help practitioners involved in oil and gas financing transactions. The Oil and Gas Industry:...

News
29 September 2015

Glencore shares tumble on concerns over commodity prices

Glencore, the trading house that made billionaires of its top executives in a record-breaking flotation four years ago, lost up to a third of its market value in...

News
29 September 2015

Reliance to raise $1.5bn to refinance old loans

India's Reliance Industries plans to raise $1.5 billion to refinance its old loans. Reliance will raise the loan in two tranches - $1.36 billion in US dollars and...