Swedish company wins a jet deal from brazil. Rivals boeing and eads get snubbed. Reports suggest kiev has missed out on a considerable eu aid package. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Warm welcome to you. U. S. Stocks posting their biggest rally in two months, the dow closing at a record high up 292 points, nearly 2 higher at 16,167, cheering the announcement from the Federal Reserve theyre going to taper their asset buying program by 10 billion a month commencing in january. The Federal Reserve taking the First Step Towards unwinding this unprecedented era of bond buying. Steve liesman has the details. The Federal Reserve in a significant news, surprising markets somewhat by reducing the amount of quantitative easing by 10 billion a month, equally of 5 billion of treasuries and mortgagebacked securities, but providing strong guidance that Interest Rates will remain low through december 2015. Fed chairman ben bernanke explai
August 02, 2021
Coface Singapore – First Insurer in Asia-Pacific to Join the LiquidX Digital Trade Credit Insurance Platform
GlobeNewswire
August 02, 2021
NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced that Coface Singapore Branch has joined its LiquidX 360 digital platform. The state-of-the-art tech platform offers enhanced operational efficiency and transparency for all participants in the trade credit insurance market, including carriers, brokers, and policyholders.
Coface Singapore is the first carrier in the region to join the platform since LiquidX was granted an insurance brokerage license from the
Monetary Authority of Singapore in June 2021. This move marks the first step for LiquidX in replicating its successful business model in the United States. The majority of trade credit insurance carriers in the U.S., representing 80% of market premium, are act