The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
General Motors secures up to $4.5 billion parts purchasing deal to safeguard supply chain
- General Motors has arranged a purchasing facility worth up to $4.5 billion with Procura Auto Parts, a company specialising in sourcing rare or critical automotive parts.
- Procura will receive funding from a bank syndicate led by JPMorgan Chase and Banco Santander to prepay select suppliers on GM’s behalf.
- GM will issue irrevocable payment undertakings (IPUs) to repay Procura by 31st July 2029, allowing GM to keep inventory costs off its books while securing future supply.
- The arrangement includes interest payments, premiums on used parts, and fees on unused portions, with prepayments recorded as assets and IPUs as unsecured debt.
- The deal aims to mitigate supply chain disruptions that have affected the automotive industry, particularly for critical components such as semiconductor chips and rare earths.
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Devanshee DaveAustralian Prime Minister Anthony Albanese and Vietnam’s leader To Lam agreed to strengthen defence and security engagement, including efforts to counter transnational organised crime and people smuggling.
Devanshee DaveDECTA has selected OpenPayd to strengthen its international treasury capabilities using OpenPayd’s regulated, rails-agnostic infrastructure for faster and more efficient operational settlement.
Devanshee DaveDeutsche Bank has been designated by the People’s Bank of China as a Renminbi (RMB) clearing bank for Europe, operating from Frankfurt to provide direct processing, clearing, and settlement of cross-border RMB transactions.
Devanshee DaveAfreximbank signed a EUR 110 million facility agreement with the government of Chad to support trade-enabling infrastructure projects approved under Chad’s 2026 Finance Law.
Devanshee DaveThe International Finance Corporation (IFC) is proposing an unfunded trade finance facility of up to $250 million for Banco Bradesco S.A. under its Global Trade Finance Program (GTFP).
Devanshee DaveSIDBI and MonetaGo announced the go-live of MonetaGo’s Secure Financing system on SIDBI’s GST-Sahay Invoice-Based Financing Platform following a successful pilot. The deployment enables SIDBI to validate invoices financed through TReDS and other factoring platforms, including SBI Global Factors and India Factoring, enhancing secure and…
Devanshee DaveThe Trump administration has refunded about $100 billion in tariffs following a Supreme Court ruling that struck down a wave of duties imposed under the International Emergency Economic Powers Act.
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FIS launches Digital One™ Commercial in APAC, completes global rollout
Devanshee DavePaymentWorks introduced Payee Profile, a standardised, reusable credential that helps businesses manage tax, banking, and compliance information required for payments.
Devanshee DaveOn 5 August, the ICC Digital Standards Initiative, Teesside University, and the Asian Development Bank hosted a working session on the Trade Document Object (TDO) consultation, now open on the Digital Trade Navigator.
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ICC renames Trade Register to Global Trade Intelligence Report to reflect broader scope
ICC has renamed the Trade Register as the Global Trade Intelligence Report, reflecting a broader focus on trade finance data, market insights and risk analysis for the global trade community.
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EVelution Energy secures increased financing support from EXIM: What it means for the US’ critical mineral space?
EVelution Energy secures increased US$275 million EXIM financing for Arizona cobalt processing facility supporting critical minerals supply resilience.
Devanshee DaveOn 3 August, 2026, Mastercard completed its acquisition of BVNK, advancing its strategy to support interoperability across fiat and digital currencies.
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US and Japan’s rare coordinated intervention to support the Yen amid pressure on the Dollar
The United States and Japan have taken the rare step of intervening together to support the yen after it weakened sharply against the US dollar. Discover what prompted the move and what it could mean for global markets.
Devanshee DaveBelgium’s Council of Ministers approved a state guarantee to back advance payments for Umicore’s germanium purchases from Société pour le Traitement du Terril de Lubumbashi (STL), a subsidiary of state-owned Gécamines.
Devanshee DaveAfreximbank signed three financing agreements totalling US$190 million with CBZ Bank Limited to enhance its capacity to provide trade and SME financing in Zimbabwe.
Devanshee DaveAbry Partners will invest US$75 million in Edenred Pay North America, acquiring convertible preferred shares that could convert into 40% of the company’s common shares on a fully diluted basis.
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European Commission acknowledges trade finance in plans to boost EU banking competitiveness
European Commission plans legislative package in 2027 to review Basel III implementation and strengthen trade finance regulatory framework.
Carter HoffmanThe Bangko Sentral ng Pilipinas (BSP) and Philippine Payments Management Inc. (PPMI) launched InstaPay Cash-In, InstaPay for Business, and Direct Debit PH to enhance digital transactions for individuals and businesses.
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