Law firm Norton Rose Fulbright has announced the promotion of two export finance lawyers to partner status, beginning next ...
A strong local economy, expanding trade flows and an influx of commodity merchants are fuelling growth in the UAE’s trade finance market. Most local banks are seeing steady increases in lending and ...
Singapore has become the second country to adopt the UNCITRAL Model Law on Electronic Transferable Records (MLETR) into domestic legislation, a move which sees the city-state grant electronic trade ...
A group of supply chain finance providers have more than US$866mn exposure to US car parts supplier First Brands Group, which has filed for bankruptcy protection. First Brands Group has faced investor ...
Working capital provider Katsumi Global says it is owed more than US$1.7bn following First Brands’ bankruptcy, court documents show, as creditors seek to locate billions of dollars they say have ...
As the first signs emerge of enforcement action linked to disgraced Singapore oil trader Hin Leong, court documents have revealed the extent to which the company had become dependent on fake trades, ...
Trafigura has revealed it could lose more than half a billion dollars after falling foul of a “systematic fraud” allegedly carried out by a group of commodity traders, including London-headquartered ...
The High Court in London has sided with the African Export-Import Bank (Afreximbank) in a dispute with the Republic of South Sudan, ordering the embattled state to repay pandemic and trade-related ...
The Export-Import Bank of the United States (US Exim) is set to insure US$400mn in revolving credit facilities for Trafigura, the latest export credit agency-backed deal for the global commodity ...
Sofia Lotto Persio reports on why connecting trade finance to the internet of things will become a priority for the sector. Imagine that your fridge is able to detect what products are running low and ...
Swift is scrapping its trade services utility (TSU), the centralised matching and workflow engine that operates as the backbone for the bank payment obligation (BPO). Speaking to GTR, Marc Delbaere, ...
The impact of US tariffs on global trade is now likely to be felt next year, the World Trade Organization (WTO) has said, after unveiling a more positive outlook for 2025. Global goods trade has ...