Hong Ky-ttack, head of the Korea Development Bank (KDB), has been appointed a vice president of the China-led Asian Infrastructure Investment Bank (AIIB). He will...

The Export-Import Bank of Korea (Kexim) is providing $370 million to finance a Liwa petrochemical project in Oman. The contract for the project was awarded to South...

The head of commodity trader Trafigura's Beijing office has been released on bail after eight months amid allegations over fraudulent oil trading, it was claimed....

The Export-Import Bank of Korea (Kexim) has sold $400 million of five-year green bonds - its second green bond offering since 2013, when it raised $500 million.

International commercial finance group DS-Concept USA has appointed Charles Doc Lundberg as vice president of sales in its newly established Los Angeles office. He...

The National Bank of Ukraine has opposed setting up an export credit agency (ECA) in the country because of its low ratings and lack of funds. Valeriya Gontareva, the...

The Multilateral Investment Guarantee Agency (MIGA) has hired Jae Hyung Kwon as senior underwriter and head of North Asia. Based in Seoul, he will oversee MIGA's...

Russian oil producer Bashneft has raised $500 million in loans as prepayment for crude oil and oil products. The five-year deal was led by Societe Generale, Rosbank...

US-based Magnolia LNG and Meridian LNG Holdings have extended the financial close date condition precedent for Magnolia as the sponsor continues to search for a new...

DS-Concept, an international commercial finance group, has provided a $5 million export accounts receivable facility to a Dubai-based IT products and electronics...

Global IT firm CGI Group has launched CGI Comply - a suite of services designed to help companies reduce compliance risk. Clients will have access to consulting...

The Chinese renminbi (RMB) is now the most active currency used by the United Arab Emirates (UAE) and Qatar for direct payments with Hong Kong and China, according to...

The International Islamic Trade Finance Corporation (ITFC) has signed a $60 million murabaha agreement with the government of Burkina Faso and Sonabhy, the...

The mining sector of Iran has attracted more than $10 billion of investment pledges from China and Europe. Among them was Italy's Danieli, which signed a joint...

More than 630 small and medium-sized enterprises (SMEs) took advantage of Export Development Canada's (EDC) export guarantee programme last year - a 15% rise from...

The Asian Development Bank (ADB) has offered technical and financial assistance for investment into the power sector of Khyber Pakhtunkhwa, in Pakistan. The government...

International law firm Thomas Cooper has examined receivables finance and looked at the importance of due diligence on the underlying sales or customer contracts.

Export Development Canada (EDC) has agreed $1.5 million in financing for British Columbia-based Vanrx Pharmasystems to help the company boost exports to India and the...

Ukraine's agricultural exporters are targeting Africa's growing middle class as a market to increase their trade. Ukraine agriculture minister Oleksiy Pavlenko...

World trade shrank 0.1% month-on-month in November after an increase of 0.6% in October, according to a data release by the Netherlands Bureau for Policy Analysis.