British investment managers have received approval to develop tokenised funds, a process where assets are divided into smaller tokens supported by blockchain technology, as stated by the industry’s trade body… read more →
Europe remains one of the most important continents for African trade, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.
Today, at its annual conference, UK Export Finance (UKEF) announced the introduction of more flexible, fast-track financing for SMEs, aiming to facilitate easier access to international markets for UK firms.… read more →
Trade has been the engine of economic growth in London for centuries. From the founding of the city by the Romans down to its modern, finance-focused incarnation, the capital has been defined by its interaction with other nations and peoples via trade.
The United Kingdom and South Korea are set to begin discussions on a new, comprehensive trade deal aimed at amplifying bilateral trade. South Korea, the world’s 13th largest economy, is… read more →
The UK government today unveiled a £1 billion investment dedicated to 55 innovative projects, marking a step in revitalising communities across the nation. This funding, a core component of the… read more →
According to Ravi Menon, the Monetary Authority of Singapore’s (MAS) managing director, Singapore is set to trial the live issue and utilisation of wholesale central bank digital currencies (CBDCs) in… read more →
In collaboration with the Ukrainian government, Ukreximbank, Ukrgasbank, and DZ Bank, Marsh McLennan has announced Unity, a new insurance facility designed to offer cost-effective insurance for exporting grain and other… read more →
The European Union is considering extending its current truce with the US concerning steel and aluminium trade. This move could circumvent ongoing stagnant talks and prevent the re-imposition of tariffs… read more →
The overreaching arc of sanctions regulations is threatening the certainty of payments guaranteed by the smooth functioning of letters of credit (LC) in international trade. This tension recently played out in the Singapore courts in a judgment handed down recently (Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A. [2023] SGCA 28).
