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News
14 March 2017

Mnuchin will push G-20 hard on currency vows and trade policies

US Treasury Secretary Steven Mnuchin will be "pushing hard" to advance US interests in his debut meeting with Group of 20 counterparts this week. This will...

News
14 March 2017

Brexit will trigger shift in global B2B payments, says Saxo

The UK's exit from the EU could have a major impact on global B2B payments and become a catalyst for an industry overhaul, according to Saxo Payments. With a third of...

News
14 March 2017

Europeans compete for US offshore wind sites

German developer PNE Wind and Norwegian Statoil are seperately interested in offshore wind energy leases for two areas south of Martha's Vineyard.  The...

News
14 March 2017

Artificial intelligence helps SME suppliers mitigate non-payment risk

Artificial intelligence and API technology can help mitigate the risk SMEs face that an overseas business customer will not pay an invoice, according to Euler Hermes,...

News
14 March 2017

ING, SocGen turn to LNG for next blockchain test

Societe Generale and ING are looking to work with liquefied natural gas (LNG) firms for their next blockchain test. The two banks previously teamed up with Swiss...

News
14 March 2017

Vietnam eyes £3.3 billion investment in solar PV projects

A 2GW facility being proposed for Dak Lak province by local developer Xuan Thien Daklak has received a government licence.   A Memorandum of Understanding  was...

News
14 March 2017

Corporate treasurers want simpler banking portals

With more to do and with fewer resources available, treasury professionals are calling for a better experience from banking services and systems. The banking portals...

News
14 March 2017

INTTRA acquires Avantida

Ocean shipping electronic marketplace INTTRA has acquired Avantida, a provider of digitised empty container logistics for ocean carriers. Avantida's CEO says the...

News
14 March 2017

Edenred, CSI globalVCard to offer accounts payable solution

Fintech group Edenred is launching an accounts payable solution and deploying a virtual card tool after teaming up with CSI globalVCard. It said the solution offers...

News
14 March 2017

Foxconn reveals plan for blockchain supply chain domination

Taiwan-headquartered technology giant Foxconn has completed a blockchain prototype called Chained Finance. It is designed to connect non-bank lenders with suppliers who...

News
14 March 2017

Vietnam to launch equity and debt futures by June

Vietnam will launch in May or June a derivatives market targeting public stocks and government debt in an effort to boost foreign investment. The market will allow...

News
14 March 2017

YTL secures funding for 554MW Attarat Power Plant

The Bank of China and the Industrial and Commercial Bank of China have arranged an estimated $1.5 billion for the oil shale-fuelled, mine-mouth power plant in Jordan....

News
14 March 2017

JBIC, BTMU to finance Sri Lanka coastguard vessel order

The Japan Bank for International Cooperation (JBIC) and Bank of Tokyo-Mitsubishi UFJ (BTMU) are set to agree $180 million in financing for three offshore patrol vessels...

News
14 March 2017

Banco Sabadell picks AxiomSL's regulatory reporting platform

Banco Sabadell has chosen AxiomSL's strategic platform to automate its regulatory reporting. It will use the platform, which features native XBRL functionality, to...

News
14 March 2017

Kexim, K-sure to finance gas unit project in Iran

The Export-Import Bank of Korea (Kexim) and Korea Trade Insurance Corporation (K-sure) are set to help finance Hyundai's construction of a gas processing unit in...

News
14 March 2017

Financial close for 80MW Rwanda power project

The Africa Finance Corporation has arranged the $350 million financing of a peat to power project in the Gisagara District. Finnfund organised the $35 million mezzanine...

News
14 March 2017

OGCI appoints Citi as banking provider for cash management

The Oil and Gas Climate Initiative (OGCI) investment arm has appointed Citi as its sole bank provider for cash management and commercial cards services globally. Citi...

News
14 March 2017

Citi appointed OGCI's sole banking provider for cash management

Citi has been appointed by the Oil and Gas Climate Initiative (OGCI) investment arm as its sole bank provider for cash management and commercial cards services globally....

News
14 March 2017

Do you believe the hype around payment term extension?

There is no shortage of media hype surrounding payment terms and big companies squeezing their suppliers - but do you believe it?

News
13 March 2017

Opportunity of the day: BPCL seeks funding for $1bn Bina refinery expansion

Bharat Petroleum Corporation Limited (BPCL) plans to set up a petrochemicals facility at its Bina refinery in Madhya Pradesh, India. The proposed project is part of...