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HSBC has launched a cash concentration solution for its corporate clients to manage their in-country liquidity seven days a week.
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.