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.
Sullivan & Worcester has advised the European Bank for Reconstruction and Development (EBRD) on two supply chain finance (SCF) initiatives in Türkiye and Romania, to provide financial support for regional economic recovery.
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.
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.
Standard Chartered has announced that it is adopting the International Chamber of Commerce’s (ICC) Principles for Sustainable Trade Finance, making it the first international bank to confirm its alignment.
Canadian consumer confidence has taken a sharp hit, reaching its lowest level in more than a year as fears of
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.
The International Chamber of Commerce (ICC) released its 2025 global trade outlook after conducting consultations and focus groups with business leaders around the world.
Kani Payments, a Newcastle-based fintech firm, has secured a multi-million-pound Series A investment led by Maven Capital Partners. The funding
A new collaboration between ACE Money Transfer and Mastercard Move aims to speed up and make international remittances more convenient for customers across multiple regions. The partnership will allow ACE customers in the UK, Australia, Canada, and Europe to send money in near real-time to recipients in India, Norway, Denmark, Sweden, and Single Euro Payments Area (SEPA) countries.