China has responded to slowing growth with a surprise interest rate cut, in an attempt to stimulate domestic demand and retail spending.
Each day, mountains of trade finance data are delivered to banks, requiring urgent processing to support the flow of goods around the world.
Almost two weeks have passed since the retirement of the world’s most important number: the London Interbank Offered Rate (LIBOR).
A group of central and commercial banks has successfully tested the integration of wholesale central bank digital currencies (CBDCs)
Eurozone inflation hit a record high in December 2021, as soaring energy prices continue to put pressure on consumers, highlighting the risks of the green energy transition.
Your Monday morning coffee briefing from TFG. The UK’s post-pandemic recovery is weakening as inflation worries hit record highs, according to a new British Chambers of Commerce (BCC) survey.
A new survey has found that the UK’s post-pandemic recovery is losing momentum, as inflation worries spread and business sentiment turns negative.
The UK’s trade deficit with China has more than tripled after a year of lockdowns during the COVID-19 pandemic.
Although UCP 600 and ISBP 745 offer no specific provisions for partial confirmations of letters of credit (LCs), MonetaGo’s Tat Yeen Yap says they are not only possible, but are “straightforward and efficient”.
