TXF: Indepth

TXF: Indepth

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TXF: Indepth episodes

  • ADB's 2019 operations reached $33.74bn; Cofco set to up purchase of US farm goods; and EU approves Danish guarantee scheme for trade credit insurance market
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    ADB's 2019 operations reached $33.74bn
    China is set to speed up purchases of US farm goods and will implement the Phase 1 trade deal with the US, state-owned agriculture trading house COFCO said
    The European Commission has approved a Danish guarantee scheme to support the trade credit insurance market in face of the coronavirus outbreak
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Trafigura 'merging China oil operations in new Shanghai trading desk'; Vestas makes senior appointments; and EIB, Banque du Caire provide $100m to finance Egyptian SMEs
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Swiss commodities merchant Trafigura plans to merge its three-year-old crude oil marketing office in Qingdao, in east China’s Shandong province, with an oil desk being set up in Shanghai, sources said
    Japan has announced a list of its firms subject to tighter foreign ownership rules, including majors such as Toyota Motor Corp and Sony Corp, as the United States and Europe step up scrutiny of industries key to national security
    The European Investment Bank has signed a financing agreement of $100 million with Banque du Caire to finance the investments of Egyptian small and medium-sized enterprises in the manufacturing and services sectors
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Traydstream signs trade finance partnership with Infosys Finacle; World Bank says mineral production to soar as demand for clean energy rises; OPEC Fund signs $20m loan to support SMEs in Uzbekistan
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Fintech group Traydstream has teamed up with Infosys Finacle, part of EdgeVerve Systems
    The production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, according to a new World Bank report,
    London-based British Arab Commercial Bank (BACB) has appointed Africa trade finance expert David Oberheim as its new director of Anglophone Africa
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Trader Phoenix 'goes into liquidation due to coronavirus'; Italian companies ask for $20bn in state-guaranteed loans, says SACE; and Citi names new head of HK treasury and trade
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Phoenix Commodities Pvt, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than $400 million in potential trading losses, according a document prepared by the liquidators
    Large Italian companies have requested €18.5 billion in state-guaranteed loans to weather the coronavirus crisis, state-backed export credit agency SACE said.
    Citi has named Vishal Kapoor as the new head of its Treasury and Trade Solutions unit in Hong Kong - its largest APAC market in the space.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Credendo reveals record 2019; Bunge reports Q1 loss as agribusiness takes a hit; Newmont's profit surges on higher production, rise in bullion prices
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Credendo reveals record 2019 but warns of challenging 2020 amid COVID-19 crisis; 
    US-based gold miner Newmont Corp’s adjusted profit nearly doubled, boosted by higher production and a surge in the prices of the precious metal, as investors rushed to the safe-haven asset amid market turmoil caused by the COVID-19 outbreak.
    US-based agricultural commodities trader Bunge reported a quarterly loss compared with a year-ago profit, impacted by a $385 million charge in its agribusiness segment
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • US Exim ups SCF guarantees to 95%; Shell sells Appalachia shale gas interest; and EBRD tops €500m in April for TFP scheme
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The Export-Import Bank of the United States has raised its Supply Chain Finance Program and Working Capital Guarantee Program guarantee coverage option to 95% from 90%.
    Shell has agreed to sell its Appalachia shale gas position to US energy company National Fuel Gas Company in a $541 million deal
    Financing under the European Bank for Reconstruction and Development's Trade Facilitation Programme topped €500 million in April for the first time in the lender's history
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Citi names new corporate leadership team in Asia-Pacific; Glencore to resume mining at Zambian Mopani copper mine; Chevron reports $3.6bn earnings for Q1
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Chevron has reported earnings of $3.6 billion for the first quarter of 2020, compared with $2.6 billion in the same period last year
    Glencore’s Zambian subsidiary Mopani Copper Mines will resume mining operations for 90 days but still expects to go ahead with its initial plan to place its mining operations on care and maintenance
    Citigroup has named the new leadership team for its corporate banking business in the Asia-Pacific following the promotion of the former regional head of the unit in February
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Gazprom reports fall in 2019 net profit; HSF advises Chexim on Budapest-Belgrade railway project; Coface releases emerging market Covid-19 report
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Global law firm Herbert Smith Freehills has advised the Export-Import Bank of China (Chexim) on its role in financing the Hungarian section of Budapest-Belgrade railway project
    Russian gas group Gazprom reported a fall in 2019 net profit to RUB1.2 trillion ($16.3 billion) from RUB1.46 trillion in 2018 as revenues declined
    Coface has released a report on how the coronavirus pandemic will impact on emerging markets
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • APICORP launches $500m package amid COVID-19, oil woes; $3bn coal power plant to be built in Zimbabwe; Ireland's Covid-19 fund for SMEs called into question
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The Arab Petroleum Investments Corporation (APICORP) has launched a $500 million countercyclical support package to help its energy sector members mitigate the impact of COVID-19 and oil price fluctuations
    A $3 billion coal power plant is set to be constructed in Nothern Zimbabwe by Rio Energy, which will partner with China Gezhouba Group Corp in funding and developing the project.
    The Irish Government’s €200 million COVID-19 working capital fund for small businesses has seen a muted level of drawdowns amid concerns that the programme is not fit for purpose
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • France amends offshore wind target for 2028; Volante Technologies joins US Faster Payments Council; Surecomp announces new interface for digital trade finance
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    France's Multiannual Energy Programme (PPE) has been amended to increase the national target for offshore wind capacity to 8.75GW by 2028
    Surecomp has announced the opening of its Application Programming Interfaces architecture to customers in a sandbox testing environment, setting the new open banking standard in the digitization of trade finance processing and connectivity
    Payments and financial messaging solutions provider Volante Technologies has officially joined the US Faster Payments Council
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min

About TXF: Indepth

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Leading lenders, exporters, borrowers, ECAs, and experts provide in-depth analysis of major transactions and the latest trends and challenges shaping export, agency, and commodity finance.