India's state-run Bharat Heavy Electricals has secured a $1.6 billion overseas power project order thanks to help from the Export-Import Bank of India (India...

The Asian Development Bank (ADB) has signed an agreement to reinforce its work with Australia - including increasing trade finance and investment. ADB President...

The Export-Import Bank of India wants ₹1,700 crore equity capital to help provide export finance, term loans to exporters, and overseas investment finance and...

Vitol, the Swiss-headquartered commodity trader, believes oil may never hit $100 a barrel again. Chief executive Ian Taylor said prices could remain between $40 and...

FIMBank, a Malta-based trade finance bank, has hired Howard Gaunt as group chief operating officer (COO). His banking career spans 31 years in senior national and...

LNG Canada's proposed export project in Kitimat, British Columbia, has suffered a setback after Royal Dutch Shell postponed its final investment decision. It had...

Low prices and dwindling sources of finance are forcing coal producers to turn to export credit agencies (ECAs) to support their capital needs. But ECAs and their...

Talk of digital innovation has long been the on the lips of those in trade finance. But what can the technology of ‘Industry 4.0’ bring to the field? The answer is far...

Belgian zinc producer Nyrstar is winding down a marketing agreement with Hong Kong-based Noble Group at the end of the year. It will instead provide zinc on a pre-paid...

International law firm Stephenson Harwood has appointed partners King Tak Fung and Ivan Ng, from Eversheds in Hong Kong, to boost its contentious and non-contentious...

Sanction-free Iran plans to sell 300,000 barrels of crude oil a day to European customers. Iran is trying to boost its oil exports by 500,000 barrels a day in the next...

The Asian Infrastructure Investment Bank (AIIB) has officially appointed five vice presidents (VPs). Dr Luky Eko Wuryanto is VP, chief administration officer; Dr...

Some of China's leading financial institutions came under fire from top anti-graft agency inspectors after a two-month disciplinary review. The China Development...

The European Investment Bank (EIB) is allocating €1 billion to finance the construction of the Trans-Anatolian Pipeline (TANAP) project. The scheme involves the...

Multi-billion dollar deals between Zimbabwe and China are in limbo amid fears that Chinese export credit agency Sinosure is reluctant to guarantee more loans from the...

The International Finance Corporation (IFC) is investing $75 million in Indonesia's Bank Danamon to develop its Islamic trade financing operations. IFC will...

PdV, the state-owned Venezuelan oil and gas company, is tapping the credit line of its US downstream subsidiary Citgo to finance imports of light crude and refined...

TXF examines the dominant role development banks and export credit agencies (ECAs) now have in mining project finance as depressed commodity prices force miners to seek...

Swiss-based commodity trader Glencore's credit rating has been cut by Standard & Poor's to a notch above junk status. The credit ratings firm cited fresh...

Japan is set to join the scramble for business with Iran by signing an investment treaty with the country now that international sanctions have been lifted. The treaty...