DLT not ready to replace settlement systems: BoJ, ECB
Blockchain technology is still too immature to be used to replace real-time gross settlement systems at the Bank of Japan and the European Central Bank, they said in a...
Blockchain technology is still too immature to be used to replace real-time gross settlement systems at the Bank of Japan and the European Central Bank, they said in a...
US-based alternative lender UPS Capital has named Mark Robinson as its new president, just weeks after announcing a partnership with accounts payable company Payoneer to...
The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $4 billion five-year global benchmark bond issue, proceeds of which will be...
Kenya's Jamii Bora Bank has started offering trade finance, including letters of credit, a customs duty facility, local purchase order financing, invoice discounting,...
The IFC has revealed that Alvaro Lario, a principal portfolio manager within its Treasury Liquid Asset Management group, is to leave to take up a senior assignment with...
Corporate treasurers are struggling to exploit technological innovations, with over a fifth of treasury management systems relying on spreadsheets, according to...
Shipping giant Maersk plans to deploy a blockchain-based marine insurance solution with insurers MS Amlin and XL Catlin following a successful pilot with Microsoft and...
The Japan Bank for International Cooperation (JBIC) may finance Arctic LNG 2, the second LNG plant of Russia's Novatek. JBIC has already provided $238 million for...
KPMG International has been appointed as a consultant by Dubai Municipality to assist in raising finance under a public-private partnership for a deep tunnel project,...
Serial bond issuer Verizon Communications closed two $2 billion ECA-backed deals in July to finance the purchase of telecoms equipment from Ericsson and Nokia. The deals,...
ONGC Videsh Vankorneft (OVVL) – a subsidiary of Indian state-owned oil major ONGC – has closed syndication on its dual-currency $844 million equivalent loan....
National Economic and Development Authority's (NEDA) Investment Coordination Committee has approved the P355 billion, 25-km underground transport system. The final...
The Energy Regulatory Commission (ERC) has given grid operator National Grid Corp. of the Philippines (NGCP) permission for a P52 billion connection of the two island...
The 26MW portfolio of six US solar projects are all at advanced stages of construction and with long term power purchase agreements. Tax equity financing was provided by...
The Taiwanese Bureau of Energy has awarded Singapore-based renewable energy firm Equis Energy the contract to develop a 70MW project in Chiayi County's Yizhu...
UK-based upstream gas company Sound Energy has received the $60-100 million investment offer for the Tendrara gas export pipeline (TGEP) project from the Moroccan finance...
US congressional leaders overseeing trade from both sides of the political divide have urged the White House not to scrap a five-year-old free trade pact with South Korea...
Blockchain-powered payments company Ripple has opened a new office in Mumbai and named Navin Gupta as country manager for India. Gupta has 20 years of experience in...
A recovery in the global economy due to increased global trade and investment could be threatened by protectionism, Chinese leader Xi Jinping warned in a speech at this...
Beijing could retaliate to any US sanctions against its biggest trade finance banks and energy exporters by targeting giants like Apple or Boeing and the US auto...