The US government’s surprise decision to exempt refined copper from 50% tariffs is unlikely to dent the profits of commodity traders expecting bumper returns, but could create complications for ...

James Reynolds will become chief executive of specialist credit and political risk insurance broker BPL next year when the ...

The World Bank has appointed Mizuho banker Tsutomu Yamamoto as managing director of the Multilateral Investment Guarantee ...

A Saudi investment firm has been awarded US$4.19mn after a Dubai court ruled Rasmala Investment Bank Limited (RIBL) made a “misrepresentation” about the suitability and financial health of its trade ...

EU importers will no longer be permitted to purchase refined fuel from markets such as India and Turkey if it has been produced from Russian-origin crude, part of the bloc’s latest crackdown on Russia ...

HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital. Launched ...

Dhaman has agreed to cover US$100mn in credit facilities provided to Trafigura by SMBC and Standard Chartered.

The GTR Leaders in Trade awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets. The winners in each category are based on submissions sent to GTR. Where ...

Rasmala Trade Finance Fund has lost its bid to force Trafigura to return US$21.6mn that was “mistakenly” paid to the trading giant due to what the judge described as fraud by an Indian coal trading ...

Trade finance platform Komgo has unveiled a significant upgrade to its system, bundling its solutions into a one-stop shop for corporates and banks, following months of development and millions of ...

The Japan Bank for International Cooperation has agreed to help finance the acquisition of a coal mine in Australia by JFE Steel, lending ¥34.2bn (US$240mn) to bolster the supply of coking coal for ...

Each year, GTR carefully selects the market’s Best Deals from the past 12 months, based on submissions sent to the editorial team. These winning transactions showcase excellence across trade, ...