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24 April 2017

Delays for Thailand's Krabi coal fired plant may prove permanent

The Electricity Generating Authority of Thailand has been ordered to conduct a new environmental health impact assessment, causing a minimum 18-month delay for the...

24 April 2017

Apple signs PPA with Avangrid for Oregon renewable power

Apple has revealed that it has signed PPAs with the Portland-based energy service supplier for output from a 56MW Gala Solar power plant in Prineville, Crook County and...

24 April 2017

Grid impact studies for 7 Philippine renewable projects

The Department of Energy in the Philippines will undertake the studies for three wind farms, three solar projects and a battery storage facility that will add a combined...

24 April 2017

TXF Webinar: Can partnerships power supply chain finance?

In a bid to optimise their working capital and make their supply chains more robust, corporates continue to turn to supply chain finance. As part of a wider discussion on...

24 April 2017

Icon Solutions enhances Instant Payments Framework product

Icon Solutions has enhanced its Instant Payments Framework product to support connectivity to The Clearing House, which will accelerate US banks' access to real-time...

24 April 2017

US will trump China in steel trade war, says industry veteran

The US will emerge the winner in a trade row with China over steel at a time when the industry looks poised for further price contraction, according to Peter Marcus, a...

24 April 2017

Japan seeks to resurrect Pacific trade deal

Japan is ready to relaunch the Trans-Pacific Partnership (TPP) without the US in a shift of position that could resurrect the trade deal. This could boost non-US food...

24 April 2017

Trump's trade U-turns boost Asian trade banks

HSBC and Standard Chartered are among lenders benefiting from healthy transaction banking revenues as Donald Trump's trade policies stimulate a surge in inter-Asian...

24 April 2017

Trump's softening trade tone eases fears of a global trade war

The softening of US President Donald Trump's protectionist economic agenda has eased fears of a global trade war. It also spares China from having to assert itself as...

24 April 2017

Al Khaliji France implements Temenos's T24 core banking system

Al Khaliji France has gone live with Temenos's T24 core banking platform at its branches in the United Arab Emirates, reportedly replacing the CapitalBanker system....

24 April 2017

Perfect 10 Tengizchevroil: Big deal in a much bigger funding strategy - a TXF commodity finance Deal of the Year

The $3 billion Tengizchevroil pre-export revolver is ultimately a liquidity facility designed to enable optimum timing and pricing for future TCO bond issues. But the...

24 April 2017

Dar Al Tawreeq launches InvoiSME for MENA SMEs

Dar Al Tawreeq, a United Arab Emirates-based company offering customised factoring and liquidity solutions, has launched InvoiSME. It is aimed at facilitating funding and...

24 April 2017

FinComEco launches in Africa to boost farmers

FinComEco, a financial and commodities ecosystem, has been launched. Initially focusing on Africa, it will connect farmers to the supply-to-demand chain, including...

24 April 2017

UC RUSAL reports rise in aluminium sales

Russia's UC RUSAL produced 910 thousand tonnes of aluminium in the first quarter of 2017 - a 2.1% quarter-on-quarter drop. Aluminium sales totalled 985 thousand...

24 April 2017

Swift Energy increases credit facility borrowing base

US-based oil and gas group Swift Energy increased the borrowing base on its senior secured credit facility by 32% to $330 million. JP Morgan led the facility and was...

24 April 2017

EGFI sees 71% growth in export coverage

The Export Guarantee Fund of Iran (EGFI) issued export insurance and guarantees worth $1.6 billion between March 2016 and 2017 - a 71% growth on the previous 12 months.

24 April 2017

UK offers Manila trade finance funds worth £4.5bn

The UK has offered a £4.5 billion financing package to the Philippines to underwrite its ambitious infrastructure building programme. The UK is looking to boost its...

24 April 2017

World Bank to finance Peshawar-Kabul highway

The World Bank has agreed in principle to finance a project to build a highway between Peshawar, Pakistan, and Kabul, Afghanistan. The road would improve regional...

24 April 2017

Banque Misr to sign $500m CDB loan

Egypt's Banque Misr will sign a $500 million loan agreement with the China Development Bank (CDB), with a term of eight years. The bank earlier signed a $100 million...

24 April 2017

AIIB and NDB seek high marks from global ratings agencies

The New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) are seeking ratings from Moody's, Standard and Poor's and Fitch to pave the way...