Held over three days, featuring various streams, workshops and networking functions and enjoying support from over 40 leading global institutions, the event assessed the previous year’s developments, placing strong emphasis on the trade and export priorities of the multinationals, SMEs and trading companies, as well as those tasked with financing them.
"Asia continues to provide perhaps the biggest success story in international trade, both in terms of ongoing industrial development across a range of countries but also with regard to opportunities found in a number of frontier markets, " said Jeff Ando, Head of Conference Production at Exporta, organisers of the conference and publishers of Global Trade Review. "Furthermore, the growth of Singapore as Asia's leading commodity hub, fuelled by the drive and vision of IE Singapore, has seen the city become home to many of the world's biggest trading companies, providing the opportunity for high level engagement with senior decision makers".
Discussions centred on a range of key issues, such as how exporters can best access frontier markets, the challenges faced in bridging Asia’s project and infrastructure financing gap, new ways of maximising intra-regional trade through the regional supply chain, fostering relationships with markets such as Latin-America and Africa, and the latest perspectives on Asia’s thriving trade credit and political risk market.
Global Crossing goes bankrupt more investors hit
The filing represents one of the biggest ever failures of a telecoms company, following several months of intense speculation about the company's financial position, during which the company's shares have plunged.
Share price: down 96% in past year
Under the so-called Chapter 11 procedure, Global Crossing will be granted protection from its creditors while it uses new funds to restructure.
The company said it would receive a $750m (Â£532m) cash injection from Hong Kong-based conglomerate Hutchison Whampoa and Singapore Technologies Telemedia
World markets vote "no confidence" in shrub
World financial markets react to shrub's "economic growth plan."
"Under-whelmed" doesn't come close. "Totally freaked out" might not be too strong.
US recession fears sink global markets
By CARL FREIRE Associated Press Writer
Article Launched: 01/20/2008 11:30:27 PM PST
TOKYOâAsian and European stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.
India's benchmark stock index tumbled 7
Look out Dollar, there's a challenger and it's
Canadaâs banks are considering a plan to make Toronto the first North American trading hub for Chinaâs yuan, joining a global race for a share of trading in the currency of the worldâs second-largest economy.
Some of Canadaâs largest banks, insurance companies and pension funds met with government representatives and the Bank of Canada in Toronto on June 21 to discuss establishing a yuan trading hub, according to the Toronto Financial Services Alliance, an industry group that set up the meeting.
Representatives of Chinese banks also attended the meeting, the group said, declining to name them