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trade

Poor jobs news and weak economic growth hopes balanced...

The feeble job growth in the government's February employment report surprised economists and made the markets shudder, but the prospect of continued low interest rates softened the blow on Wall Street. Stocks have surged as companies enjoy the increased borrowing...

#exporters#interest rates#management

Late paying firms leave temp agencies to fund British...

Figures announced last month by the Recruitment and Employment Confederation (REC), the trade body for employment agencies in the UK,…

#British business#cash-flow#commercial finance


IMEX and IBSnet awarded 2004 SWIFTReady Gold label

Surecomp, a leading provider of trade finance solutions for the wholesale banking industry has been awarded the 2004 SWIFTReady Gold…

#conference#international#receivables


Versailles chief faces fraud charge for villa loan

Peter Williams, the former chairman of paper and packaging group DS Smith, lent Ј600,000 to Carl Cushnie, chairman of collapsed…

#banks#trade#WHO


Kazakhstan receives US$24.5 bn of FDI

Total foreign direct investment (FDI) in the Kazakh economy in 1993-2003 amounted to US$24.5 billion, Yerlan Arinov, head of the…

#economy#investment#trade


Former Versailles director 'drained account'

Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…

#bank#trade#WHO


Tax service gets tough on fake invoices

The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use…

#fake invoices#trade


Arroyo earmarks US$358m for SME loans

President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…

#bank#conference#smes


Coface country risk trends report improvement in industrialised country...

Country risk trends Although remaining above the level reached in 2000, the world country-risk index* declined 15% in the 2003…

#debt collection#interest rates#payment behaviour


Banks not fully equipped to lend to small-scale sector...

Reserve Bank of India has said that banks are not fully equipped to promote small-scale enterprises and asked them to…

#bank#exports#risk


Higher audit threshold will not affect creditworthiness checks, says...

Experian®, the global business solutions company, has issued an assurance to banks, leasing companies and businesses that trade on credit…

#Commercial Credit#commercial lending#management


Central bank cuts interest rates

As expected, Sweden’s central bank has reduced interest rates by 0.25 percentage points to the lowest level since the end…

#bank#inflation#interest rates

China-ASEAN trade records new high

China's trade with the Association of Southeast Asian Nations (ASEAN) hit a record high of US$78.25bn in 2003, surging by…

#economy#exports#international

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