China has responded to slowing growth with a surprise interest rate cut, in an attempt to stimulate domestic demand and retail spending.
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)
A UK trade delegation has arrived in India to open negotiations on a new free trade agreement that could double UK exports to the country by 2030. Anne-Marie Trevelyan, international… read more →
The UK has signed a new sovereign investment partnership (SIP) with Oman, focused on driving high-value investment in both countries. Based on a Memorandum of Understanding (MoU) between the UK’s… read more →
ABN AMRO Bank has said that it was rewarded for its early preparation for SWIFT trade finance changes, thanks to a solution from Norwegian software vendor Commercial Banking Applications (CBA).… read more →
HSBC has completed its first sustainability-linked trade finance transaction with Hong Kong-based garment maker Epic Group. The pricing of the facility was tied to Epic Group’s performance in areas such… read more →
The UK’s national customs office issued £200,000 in fines to UK businesses for exports of unlicensed military and dual-use goods in 2021. Between March and November last year, Her Majesty’s… read more →
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.
