Tag: russia

A week after refinancing its flagship $5.295 billion European syndicated revolving credit facilities, Trafigura has raised a new $1.2 billion loan to address ongoing volatility in oil markets.

*RMB-KRW direct trade starts *Hong Kong launches RMB indices *China and Russia ink RMB clearing deal *Singapore to include RMB in Official Foreign Reserves

The US Securities and Exchange Commission issues final extension on China audit ban; The Reserve Bank of India allows infrastructure refinance; and the Russian Finance Ministry orders moves to IFRS accounting standards.

The Reserve Bank of India issued guidelines for its new receivables discounting system; Russia passes laws protecting in-country financial services, such as auditing; Thailand's issues new capital registration rules.

The Reserve Bank of India has exempted long-term infrastructure bonds from reserve ratio calculations; The OECD has released the global format for tax exchange standards needed for FATCA; Hong Kong and Singapore test the waters on new OTC derivative rules

Australia clarifies tax perks for payments made to foreign subsidiaries; Singapore issues tax treatment guide for "hybrid" instruments; Russian companies to pay for trade in RMB

China’s Ministry of Finance has proposed banning overseas accounting firms from auditing mainland companies; India’s Ministry of Corporate Affairs announced new rules on share capital and debenture ratios; and joint regulator action in China limits interbank lending.

The top fifteen countries by deal value for ECA financing, structured commodity financing, supply chain finance, trade flow business, and syndicated trade financing loans.

Japan's thirst for coal has hit record levels. Exporters such as Australia and Russia are benefiting from the glut, with the former's currency performing well on the back of Japan's demand.

Hong Kong-listed aluminium producer RUSAL's CFO discusses the company's cash flow, FX risk, payment structure and business in renminbi.