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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
World Bank online dashboard helps countries evaluate targets
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Chelyabinsk Pipe-Rolling Plant, the Russian steep pipe maker, has signed a €150m unsecured syndicated loan, the eighth from Russia this year. -
Thai Beverage Public Co has enlisted the help of three banks for a 12-month bridge facility to support its acquisition of a stake in Vietnamese brewer Saigon Beer Alcohol Beverage Corp (Sabeco), said sources close to the trade.
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International Finance Corp has joined forces with Goldman Sachs to extend a $110m syndicated loan to Vietnam’s An Binh Commercial Joint Stock Bank, a portion of which will be used to provide loans to women-owned enterprises in the country.
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How the Schuldschein market reacts when a borrower has payment difficulties has been a perennial question since the instrument reached a global audience. The revelations about possible false accounting at Steinhoff are likely to prove one of the market's biggest tests yet.
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Ak Finansal Kiralama (Aklease), Akbank’s leasing subsidiary, has signed a $110m syndicated loan to fund renewable energy projects.
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China is to launch its first national carbon trading scheme, a move that could ultimately bring closer the introduction of a global, interconnected carbon market. But experts said the scope and impact of the scheme would be limited at first.
