Standard Chartered launches whitepaper on ISO 20022 transition
Standard Chartered, a bank, has today released a new whitepaper exploring the adoption of ISO 20022 XML to support corporates […]
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HSBC introduces seven-day cash concentration solution
HSBC has launched a cash concentration solution for its corporate clients to manage their in-country liquidity seven days a week.
Global business insolvencies set to rise for fifth consecutive year, warns new Allianz Trade report
Allianz Trade, a trade credit insurance provider, has released its latest Insolvency Report with updated forecasts for 2025 and 2026.
European Commission seeks approval for EU-Singapore agreement on digital trade
3 February 2025 The European Commission is seeking approval to sign its first digital trade agreement with Singapore. If authorised
MonetaGo and Oracle collaborate to combat trade finance fraud
MonetaGo, the fraud prevention technology provider, has struck a deal with Oracle Financial Services to integrate its risk mitigation platform
Bank of Korea lowers interest rates to support slowing economy
The Bank of Korea (BOK) cited weakening consumer sentiment and external pressures, including trade uncertainty and global monetary trends, as key factors in its decision. Analysts widely expected the move, which brings the policy rate to its lowest level since mid-2022.
Biden-era investigation fuels Trump’s latest China trade crackdown
The US Trade Representative (USTR) has unveiled a proposal to impose steep fees on Chinese-built and operated vessels calling at American ports, marking the latest escalation in trade tensions between Washington and Beijing.
DCSA launches new partnership programme to drive digital standardisation in shipping
The Digital Container Shipping Association (DCSA) has introduced DCSA+, a new partnership programme designed to accelerate the adoption of digital standards across the container shipping industry.
Canadian consumer confidence plunges amid US tariff concerns
Canadian consumer confidence has taken a sharp hit, reaching its lowest level in more than a year as fears of
HKMA Chief outlines vision for financial market expansion
The Hong Kong Monetary Authority (HKMA) is set to play a crucial role in advancing the government’s latest financial initiatives, particularly in bond issuance and supply chain financing, following the 2025-26 Budget announcement.