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09 September 2015

Glencore halts trading ahead of plan to cut $30 billion debt

Glencore, the world’s largest publicly-traded commodity supplier,halted its stock in Hong Kong Monday ahead of an announcement on plans to cut net debt of about...

09 September 2015

British firms blame export delays on access to finance

Export confidence growing among small and medium business but almost a quarter have faced issues securing trade finance or credit insurance

08 September 2015

Korea Eximbank to finance $5bn of Iranian projects

The Export-Import Bank of Korea (Korea Eximbank) said it could offer $5 billion financing for building hospitals and pharmaceutical centers in Iran. The Korean ECA has...

08 September 2015

Falcon Group in tie-up to boost UAE-Vietnam trade

Corporate financier Falcon Group has entered into a joint-venture co-operation agreement with the government of Vietnam, through the Embassy of Vietnam in the UAE,...

03 September 2015

Dow Chemical goes live with CargoDocs

Leading global chemicals company, Dow Chemical, has successfully completed its first live transaction using CargoDocs. The US-headquartered multinational issued its...

25 August 2015

Research reveals SMEs' attitudes to international trade

New research has revealed that currency risk is the biggest threat to SMEs' ambitions of international expansion.

20 August 2015

essDOCS releases CargoDocs for Barges 15.4

essDOCS has just released its latest version of CargoDocs for Barges, featuring major improvements in functionality, accessibility and ease of use for Traders,...

20 August 2015

ADB issues $2bn global benchmark bond

The Asian Development Bank (ADB) returned to the US dollar bond market yesterday with the pricing of a $2 billion, five-year global benchmark bond issue, proceeds of...

20 August 2015

US activist ups Glencore stake to £1bn on eve of results

One of America’s most influential activist investors raised its stake in FTSE 100 mining giant Glencore on the eve of results that showed sharply lower profits...

20 August 2015

NIB finances gas pipeline in Lithuania

The Nordic Investment Bank and Lithuanian gas transmission system operator Amber Grid have signed a €32 million loan agreement for the construction of the...

19 August 2015

Singapore's Jurong Aromatics said in debt talks after oil plunge

Jurong Aromatics Corp, the operator of one of the world’s largest petrochemical plants, can’t service its interest payments and is negotiating a debt...

19 August 2015

Glencore's half-year earnings fall, sees lower capex next year

Miner and commodities trader Glencore posted a 29% fall in first-half earnings on Wednesday on sliding metal and oil prices and said capital spending next year was...

18 August 2015

Can Ivan Glasenberg dig Glencore out of trouble this time?

Shares in the London-listed commodities trading and mining conglomerate Glencore were hacked down to a record low ahead of what are expected to be weak half-year...

18 August 2015

NIB launches new lending facility with Finnfund

The Nordic Investment Bank (NIB) and the Finnish Fund for Industrial Cooperation (Finnfund) have signed a ten-year loan totalling $40 million (€36 million) for...

17 August 2015

Here's the official plan should US Ex-Im shut down

More than 80 years after its founding, the Export-Import Bank of the United States may be on the verge of shutting down. For those wondering what might happen should...

17 August 2015

Glencore braced to reveal huge drop in profits

Glencore is set to add more blows to dwindling investor confidence when it delivers a disappointing set of results on Wednesday. The mining and commodity giant’s...

17 August 2015

US activist builds Glencore stake

One of America’s most influential activist investors has secretly amassed a stake in FTSE 100 mining giant Glencore as it attempts to wrestle with the dramatic...

17 August 2015

Major Kazakh coal project may derail as Kexim backs away

A Korean consortium's 6 trillion won ($5 billion) project to build a coal-fired power plant in Kazakhstan may be derailed due to the Kazakh government's lack...

17 August 2015

Olam quarterly profit triples as food unit earnings advance

Olam International, the Singapore commodity trader controlled by the city’s state investment company, has tripled it second-quarter profit as earnings from its...

12 August 2015

Glencore leads mining slump as metals tumble on yuan devaluation

Glencore and Fortescue Metals Group led a global slump in mining shares on concern China’s devaluation of the yuan will sap demand for commodities. Glencore, the...