Alibaba Group, the Chinese e-commerce company, has teamed up with more than 25 credit rating agencies and banks around the world to make cross-border trade financing...

The European Bank for Reconstruction and Development (EBRD) has revealed that its investment into central Asia reached a record level in 2015. It rose 75% to €1.4...

European shipping policy is in need of a makeover. It is fragmented, inefficient and needlessly bureaucratic, according to Patrick Verhoeven, secretary general of the...

Greece-based Diana Shipping has sealed a $75.7 million loan with the Export-Import Bank of China (China Exim) to partially finance three newbuildings.

The World Bank Group has appointed China's Shaolin Yang as chief administrative officer and Brazil's Joaquim Levy as chief financial officer. Both appointments...

Trade supply chains are still being hit by risks despite the global economic recovery, according to a report by the Netherlands-based credit insurer Atradius. Late...

The Multilateral Investment Guarantee Agency (MIGA) has issued a $239.7 million backing to support the Hoi Xuan hydropower project in Vietnam. Goldman Sachs and Bank...

Export Development Canada (EDC), the European Investment Bank (EIB) and the Caribbean Development Bank were among those involved in a deal with Portland Private Equity to...

US-based ExWorks Capital has provided working capital and import financing to an American golf equipment manufacturer. ExWorks said the deal would help support the...

New London-based metals merchant Concord Resources - founded by Mark Hansen, the former head of metals at Noble Group, aims to be among the five biggest traders within...

Nhlanhla Nene, the former South African finance minister, has been nominated to head the Africa regional centre of the New Development Bank (NDB). Interim offices of...

Turkey has agreed to become a founding member of the Asian Infrastructure Investment Bank (AIIB). The country will not pay more than $2.6 billion - including capital...

Japan has historically been a major manufacturer of geothermal turbines, boasting a 70% global market share. But an export credit agency (ECA)-backed deal closed last...

US-based oil and gas company Noble Energy has completed a debt refinancing to increase its financial flexibility. The company has entered into a new three-year term...

The cost of insuring Swiss-based commodity giant Glencore's debt against default increased to a more-than six-year high as the price of raw materials such as...

President Barack Obama is nominating Republican J Mark McWatters to the board of the Export-Import Bank of the United States (US Ex-Im). The bank's charter was...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to meet with Egyptian foreign trade ministers to discuss activating the...

The Islamic Development Bank (IsDB) has agreed to lend $270 million to Turk Eximbank, Turkey's export credit agency. The money will be used to finance Turkish...

Mitsubishi UFJ Financial Group (MUFG) has hired Francois-Xavier Reignier as head of structured trade finance (STF) for Europe, the Middle East and Africa (EMEA). He...

Commodities trader Trafigura has appointed Tan Chin Hwee as its chief executive officer (CEO) for Asia Pacific. He brings 20 years of experience in management and...