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06 April 2016

Simmons & Simmons expands Singapore team

International law firm Simmons & Simmons has boosted its financial markets practice in Singapore with the appointment of Matthew Cox, who has joined the firm as a...

06 April 2016

UKEF joins African Trade Insurance Agency

UK Export Finance (UKEF) has joined the African Trade Insurance Agency, the pan-African export credit agency. UKEF will gain access to information about upcoming...

06 April 2016

China goes global with development banks

In just over a decade, China has become a global leader in development finance. This article examines the trajectory of China's evolving leadership, including the...

06 April 2016

NAB hires new general manager for Greater China

National Australia Bank (NAB) has appointed Ciqiang Lu as its general manager of Greater China. He joins from Natixis, where he was the senior country manager, Greater...

06 April 2016

MP Evans managing director to leave

Philip Fletcher, managing director of London-based MP Evans Group, will step down following the company's annual general meeting in June. He will be replaced by...

06 April 2016

Glencore sells $2.5bn stake in agriculture unit

Swiss-based commodity trader Glencore has sold a 40% stake in its agricultural unit to Canada Pension Plan Investment Board for $2.5 billion. Glencore is selling...

06 April 2016

EFIC's new export loan will help SMEs

Export Finance and Insurance Corporation (EFIC), Australia's export credit agency, is to increase exports of small and medium-sized enterprises (SMEs). Its small...

06 April 2016

EXIAR insures Russian pharmaceutical exports

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Materia Medica Holding have sealed a one-year insurance policy. EXIAR will insure...

06 April 2016

Afreximbank's $250bn intra-African trade plan

The African Export-Import Bank (Afreximbank) wants intra-African trade to rise by at least 50% to $250 billion in the next five years. It is implementing the...

06 April 2016

21 banks join SWIFT's global payments initiative

Twenty-one banks are piloting SWIFT's global payments initiative to improve cross-border payments. The banks include Bank of America Merrill Lynch, Standard...

06 April 2016

IADB provides $3.8bn to green projects

The Inter-American Development Bank (IADB) provided $3.8 billion for projects involving climate change adaptation and mitigation, renewable energy and environmental...

06 April 2016

Australian exporters boosted by Japan tariff cuts

A third batch of tariffs have been cut as part of the Japan-Australia Economic Partnership Agreement. Tariffs on more than 1,200 products have fallen. Some 92% of...

05 April 2016

Germany courts India with ultra-cheap loan for Nagpur metro

KfW has signed a €500 million loan to part-finance the construction of the Nagpur Metro. The facility is the biggest promotional loan issued by the bank in a decade and...

05 April 2016

Trafigura signs mammoth RCF and expands Japanese financing

In a move that highlights traders’ ability to succeed in volatile markets, Trafigura last week signed a $5.1 billion syndicated revolving credit facility and its largest...

05 April 2016

NDB to pour up to $300m into Indian solar projects

The New Development Bank (NDB) is to lend up to $300 million for solar projects in Karnataka, India. The financing will be allocated for governmental photovoltaic...

05 April 2016

Airbus warns Brexit vote may hit investment

Airbus Group, one of the world's largest aerospace companies, has written to its 15,000 UK employees to warn about the risks of voting to leave the European Union....

05 April 2016

NEXI insures projects of Asian local governments

Nippon Export and Investment Insurance (NEXI) is offering trade insurance for infrastructure and other projects sponsored by regional governments and public companies....

05 April 2016

Thailand Exim reveals new department heads

The Export-Import Bank of Thailand (Thailand Exim) has appointed Thanat Sorraraksin as first vice-president (VP) of business promotion department 2, Vitavus Punyalam...

05 April 2016

Metinvest subordinates debt on eurobonds and PXF

Ukraine-based mining and steel group Metinvest has subordinated the debt to its shareholder on eurobonds being restructured and pre-export financing (PXF).

05 April 2016

Battle lines drawn in EBRD election race

The two candidates hoping to lead the European Bank for Reconstruction and Development (EBRD) for the next four years, incumbent Suma Chakrabarti and rival Marek...