Globe Banner News
Yong Wee Loon wins top honors at UOB Southeast Asian Painting Awards
By Globe Banner | Nov 13, 2024
Singaporean artist Yong Wee Loon has been awarded the 2024 UOB Southeast Asian Painting of the Year for his artwork "A Sip Through Time."
IMF reaches staff-level agreement with DRC on credit facility
By Globe Banner | Nov 13, 2024
The International Monetary Fund (IMF) has reached a staff-level agreement with the Democratic Republic of Congo (DRC) on two significant financial arrangements.
Sun Life presents growth strategies at Investor Day 2024
By Globe Banner | Nov 13, 2024
Sun Life Financial Inc. is hosting its Investor Day 2024 in Toronto, presenting its achievements and future plans to investors.
Rwanda releases report on pathways to sustainable economic growth
By Globe Banner | Nov 13, 2024
The Government of Rwanda and the World Bank have released the Rwanda Country Economic Memorandum (CEM), titled “Pathways to Sustainable and Inclusive Growth in Rwanda.” This report highlights Rwanda's economic progress and offers strategies for...
WTO releases reports for Nigeria's trade policy review
By Globe Banner | Nov 13, 2024
The World Trade Organization (WTO) has released documents related to the Trade Policy Review of Nigeria.
IMF and Saudi Arabia announce conference on emerging market challenges
By Globe Banner | Nov 13, 2024
The International Monetary Fund (IMF) and the Kingdom of Saudi Arabia have announced a collaboration to host an annual conference focusing on emerging markets.
Siemens extends Matthias Rebellius’s contract amid company transformation
By Globe Banner | Nov 13, 2024
Siemens AG has announced the extension of Matthias Rebellius's contract, ensuring his continued leadership within the company.
Thai veterans lead after first round of Fubon Senior Open
By Globe Banner | Nov 13, 2024
Thai golfers Prayad Marksaeng and Thammanoon Sriroj share the lead after the first round of the 2024 Fubon Senior Open, each scoring a 2-under-par 70.
ANZ allocates $250K grants through Seeds of Renewal program
By Globe Banner | Nov 13, 2024
ANZ and the Foundation for Rural & Regional Renewal (FRRR) have allocated $250,000 in grants to 22 community groups and not-for-profit organizations through the ANZ Seeds of Renewal program.
FSB emphasizes preparedness against potential bank failures
By Globe Banner | Nov 13, 2024
The Financial Stability Board (FSB) has issued a statement highlighting the importance of resolution planning and loss-absorbing capacity for banks that could be systemically significant or critical if they fail.
Holiday shoppers urged to guard against rising scam threats
By Globe Banner | Nov 13, 2024
As the holiday shopping season approaches, consumers are advised to be vigilant against potential fraud.
DFF CEO: 'There needs to be more collaboration, more unity between nations'
By Globe Banner | Nov 13, 2024
Khalfan Belhoul, CEO of the Dubai Future Foundation (DFF), emphasized the importance of increased "collaboration" and "unity" among "nations, policymakers, investors, entrepreneurs, and the private sector" to address global challenges.
Binance CEO: 'As an industry, we have overcome many challenges together' and will continue to
By Globe Banner | Nov 13, 2024
Richard Teng, CEO of Binance, said that the industry has "overcome many challenges together" and, with "collective strength," "resilience," and "wisdom," will "continue" to overcome any future challenges.
O’Hare International Airport Expansion Primed to Elevate Chicago’s Global Aviation Status
By Globe Banner | Nov 12, 2024
O’Hare International Airport (ORD) is set to become a premier global aviation hub through its $8.5 billion redevelopment, positioning Chicago as a leading gateway for international travelers.
Cambodia enhances higher education through World Bank-backed project
By Globe Banner | Nov 12, 2024
Professor Phat Phanna, a prominent figure in Cambodian higher education, is making strides through the Higher Education Improvement Project (HEIP).
IMF completes second review of Morocco's resilience facility
By Globe Banner | Nov 12, 2024
On November 11, 2024, the International Monetary Fund (IMF) Executive Board concluded its second review under the Resilience and Sustainability Facility (RSF) arrangement for Morocco.
INSEAD launches free global negotiation course initiative
By Globe Banner | Nov 12, 2024
INSEAD has announced the launch of the Negotiation Course for the World (NCW), a new initiative by the INSEAD Negotiation and Conflict Management Collaborative (NCMC).
World Bank expands climate resilient debt clauses at COP28
By Globe Banner | Nov 12, 2024
The World Bank has announced an expansion of its climate resilient debt clauses (CRDCs) at COP28, broadening the scope of these clauses which were first introduced in June 2023.
World Bank extends debt relief options for disaster-hit small states
By Globe Banner | Nov 12, 2024
The World Bank Group has expanded its support for countries rebuilding after disasters, allowing small and vulnerable states to defer loan and interest repayments following catastrophic events.
Multilateral development banks announce increased climate finance goals at COP29
By Globe Banner | Nov 12, 2024
Multilateral development banks (MDBs) have announced plans to significantly increase climate financing by 2030.