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28 April 2017

RDIF, JBIC to set up Russia-Japan Investment Fund

The Russian Direct Investment Fund (RDIF) and the Japan Bank for International Cooperation (JBIC) are to set up a Russia-Japan Investment Fund. The two groups will take...

28 April 2017

EBRD channels more resources to support trade finance in Cyprus

The European Bank for Reconstruction and Development (EBRD) is strengthening the integration of the Cypriot economy with a €5 million trade facility to Turkish Bank...

28 April 2017

Perfect 10 Gunvor USA: No parenting required - a TXF commodity finance Deal of the Year

Commodity trader Gunvor’s first foray into the US trading market - Gunvor USA raised a $500 million borrowing base loan without any parental guarantees.

27 April 2017

Opportunity of the day: Yunnan Water to consummate offshore debt finance needs with proposed $1bn multi-currency issue

Yunnan Water Investment Corporation is one step away from obtaining the financing it has been seeking as it awaits shareholder approval for its recently-proposed issue of...

27 April 2017

PNOC flexible on LNG terminal scope

The Philippines National Oil Company has recieved 34 unsolicited proposals to date for the intergrated LNG facility. The components of the project will all be modular and...

27 April 2017

Iran signs MoU for $3bn Khuzestan water projects

Iranian engineering firm Khatam-al-Anbiya Construction and various government departments have signed an agreement to expand the urban sewage infrastructure and...

27 April 2017

US grants Golden Pass LNG facility export licence

The Department of Energy has given permission for the Qatar Petroleum and ExxonMobile joint venture located near Sabine Pass, Texas, to export LNG to countries that...

27 April 2017

HS1 bids due on May 10

The first round bids for the HS1 high speed rail asset between London and the Channel Tunnel are due on May 10 from UK fund managers Amber, Equitix, Infrared and...

27 April 2017

Cambodian's first large solar receives ADB funding

Singapore-based Sunseap has financed the 10MW solar project located near Bavet through the Asian Development Bank with a $9.2 million debt package...

27 April 2017

Environmental permits for Baltic Sea wind project phase 2

Polish energy company Polenergia has received permission from the Regional Directorate of Environmental Protection in Gdansk for the second phase of the...

27 April 2017

Pattern files for Southern Cross transmission siting certification

The Pattern Energy Group has petitioned the Mississippi Public Service Commission outlining a preferred route for an overhead HVDC transmission line. The project aims to...

27 April 2017

How to steer treasury in emerging markets: Tate & Lyle

Corporates that manage trade and investment in emerging markets should take a bespoke approach to managing FX risk,and decide whether to shift their emerging market...

27 April 2017

Bottomline Technologies to power real-time credit transfers for banks in Europe

Bottomline Technologies has been named by EBA Clearing as a frontrunner provider for the SEPA Instant Credit Transfer Scheme. The payments tech provider's banking...

27 April 2017

A&O reveals trade commodities & export finance promotions

Law firm Allen & Overy (A&O) has made a number of promotions, including Catherine Lang-Anderson and Tom Longmuir, who both sit in the company's Trade...

27 April 2017

APAC exports perform well but protectionism looms

Most Asia-Pacific economies have started 2017 well, with exports and business surveys faring better than expected, according to Fitch Ratings. But an increase in global...

27 April 2017

Botswana tax break for 450MW Sese coal-fired power project

Joint venture partners Canadian mining company First Quantum Minerals and intergrated power developer African Energy Resources have been given a five-year tax break and a...

27 April 2017

Meralco talking loans for $2.7bn Atimonan coal-fired power project

Filipino utility Manila Electric Company (Meralco) is discussing loans totalling PHP100 billion with at least 8 banks for a two-phased 1200MW power plant. The PHP135...

27 April 2017

Blockchain invoice and trade finance platform Populous to launch ICO

UK blockchain invoice and trade finance platform Populous will launch an initial coin offering (ICO) on July 16, issuing Populous Platform Tokens that give subscribers a...

27 April 2017

Fiserv adjusted revenue rises 5% in Q1

US fintech Fiserv saw its adjusted revenue expand 5% year-on-year in the first quarter, while its earnings per share gained 18% to $1.25. Operating cash flow, however,...

27 April 2017

Standard Chartered transaction banking revenue surges 10%

Standard Chartered's transaction banking business enjoyed its biggest boost for more than three years in the first quarter, with revenue climbing 10% to $785 million...