Trafigura, Natixis, and IBM launch new blockchain ledger geared for crude oil trade finance. They say every party in the payment ecosystem will be able to access it and benefit from the technology
As the Regional Comprehensive Economic Partnership moves towards a pan-regional economic agreement, a think tank pushes it to copy the TPP approach to rules of origin as time runs short before the trade bloc goes live.
The former pariah state hopes to boost its economy by giving foreign banks scope to lend to exporters. Bankers say the development would aid MNCs in the country, but need clarity from the government.