Ninety countries join e-commerce initiative – Industry roundup: 30 July
by Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
Accounts Receivable (A/R) is the money owed to a business by its clients. The main objective in Accounts Receivable management is to minimise the Days Sales Outstanding (DSO) and processing costs…
Read moreby Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
by Graham Buck
JCI-Hitachi in US$8.1bn JV sale to Bosch; BofE changes tack on liquidity management; Hungary cuts key interest rates; Revolut wins UK banking licence
by Graham Buck
China to raise retirement age; ANZ launches real-time payments; Singapore commits US$74m for AI in finance; Bank of Canada expected to cut rates
by Graham Buck
Tokenised US Treasurys ʺcould hit US$3bnʺ; Indonesia keeps rates on hold; Klarna mulls US IPO for 2025; ADB, AIIB fund Indian solar power project
by Graham Buck
Pakistan wins U5$7 billion IMF loan; KPMG launches Clear on Climate Reporting; World Bank helps Pacific islands; La Niña threat to EM bonds
by Graham Buck
UK launches £7.3bn Wealth Fund; Aramco resumes USD-denominated bonds; Banks enjoyed record profits in 2023; HSBC to reshape investment banking
by Graham Buck
French election “ends pro-business agendaʺ; South Africa to change ETF payments; RBI joins Project Nexus; Ireland's tax windfall continues
by Graham Buck
EIB funds North Sea wind farm; MSCI and Moody’s form ESG partnership; New facility to boost Africa trade; SMBC Aviation Capital raises US$1.5 billion
by Graham Buck
US big banks pass Fed's stress test; ECB turns down new euro members; 'Great Resignation' continues, says PwC; Australia's inflation higher
by Graham Buck
UK inflation hits 2% target; Fitch predicts 7.2% growth for India; IMF assesses Middle East CBDCs; Sustainable food supply chains project
by Graham Buck
Brazil inflation setback; Technical glitch hits RBI facility; BlackRock “seeks private-debt partners”; HSBC boosts stake in China JV
by Graham Buck
Australia's Q1 economic growth at 0.1%; China plans carbon measurement standards; Bloomberg offers T+1 FX fixings; IFC, HSBC aid Mexico supply chain
by Graham Buck
BNP Paribas steps up decarbonisation drive; Yellen urges tougher Russia sanctions; World Bank first with CHF digital bond; Qatar US$2.5bn green bond
by Graham Buck
China to launch bond sale Friday; BBVA bid for Sabadell turns hostile; UAE and Indonesia strengthen trade relations; AI to combat supply chain fraud
by Graham Buck
Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
by Ben Poole
Global real-time payments growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023, up 42.2%.
by Graham Buck
First US bank failure of 2024; Today is National Supply Chain Day; Visa and Tink bring open banking to US; Digital euro "will arrive before 2030"
by Graham Buck
No change from Bank of Japan; South Korea's growth accelerates; Indonesia rate hike wrongfoots analysts; Ecuador looks at more debt-for-nature swaps
by Graham Buck
Cash flow crunch for Australian SMEs; Italy prepared for EU budget rules; India's farmers get e-rupee payments; New Zealand consults on CBDCs
by Graham Buck
CHIPS migrates to ISO 20022 messaging; IMF sees productivity crimping growth; Fitch's China downgrade riles Beijing; Pension fund giants partner
by Graham Buck
BIS launches Project Agorá; Singapore sets up AML data sharing platform; GE completes its three-way split; Growth forecast for embedded finance
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
by Graham Buck
Japan agrees first rate hike since 2007; Unilever loses taste for ice cream; M&S plans new deal with HSBC; EU progresses on supply chain law
by Graham Buck
Japan's unions win major pay hikes; Swift to assist Bangladesh central bank; Israel plans for shekel CBDC; €240m funding for sustainability in Africa