Globe Banner News
IMF releases findings from its latest Financial Access Survey
By Globe Banner | Oct 30, 2024
The International Monetary Fund (IMF) has published the results of its 2024 Financial Access Survey (FAS), coinciding with the survey's 15th anniversary.
World Bank supports Maldivian secondary education with additional financing
By Globe Banner | Oct 30, 2024
The World Bank has approved a $2.7 million grant from the Global Partnership for Education to enhance the Atoll Education Development Project in the Maldives.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
By Globe Banner | Oct 29, 2024
Prudential plc has announced the appointment of Patrick van Heerde as its new Chief Partnership Distribution Officer. Mr. van Heerde will assume his role on November 4, reporting to Dennis Tan, Managing Director of the Strategic Business Group.
KfW IPEX-Bank supports Recharge's EV expansion with EUR 45 million financing
By Globe Banner | Oct 29, 2024
In the Nordic region, Recharge is recognized for operating the largest rapid electric vehicle (EV) charging network.
HSBC reports Q3 profit rise amid strategic execution
By Globe Banner | Oct 29, 2024
HSBC Holdings plc reported its financial results for the third quarter of 2024, showing a profit before tax increase to $8.5 billion, up by $0.8 billion compared to the same period last year.
DEG hosts reception at National Gallery Singapore focusing on corporate resilience
By Globe Banner | Oct 29, 2024
On October 1, the DEG office in Singapore held a reception at the National Gallery Singapore.
BlackRock Foundation commits $4 million for education initiatives in Dallas County
By Globe Banner | Oct 29, 2024
The BlackRock Foundation has announced a $4 million philanthropic grant to The Commit Partnership and Education is Freedom (EIF) in Dallas County.
OKX partners with Standard Chartered for enhanced crypto custody solutions
By Globe Banner | Oct 29, 2024
OKX, a prominent cryptocurrency exchange and onchain technology company, has announced the appointment of Standard Chartered as its third-party crypto custodian for global institutional business.
Tips for staying vigilant against emerging fraud methods
By Globe Banner | Oct 29, 2024
Take our basic quiz – 6 questions you will learn from Keep your eyes open on social media – this is how you think smart Understand Norwegian?
Fubon's subsidiaries win big at Taiwan's Digital Financial Award
By Globe Banner | Oct 29, 2024
Fubon Financial Holdings' subsidiaries have received recognition at the 2024 Digital Financial Award organized by Commercial Times.
Young European entrepreneurs invited to apply for YTILI Fellowship Program
By Globe Banner | Oct 29, 2024
The U.S. Department of State has opened applications for the 2025 Young Transatlantic Innovation Leaders Initiative (YTILI) Fellowship Program, aimed at emerging entrepreneurs from Europe.
Amazonia Bonds: New guidelines aim to finance sustainable projects in the region
By Globe Banner | Oct 29, 2024
The Inter-American Development Bank (IDB) and the World Bank have unveiled guidelines for Amazonia Bonds, a new capital markets instrument aimed at financing activities that positively impact local communities, biodiversity, and zero deforestation...
WTO highlights low compliance with subsidy notification obligations
By Globe Banner | Oct 29, 2024
The recent committee meeting spotlighted issues related to transparency and subsidy notification compliance under the WTO's SCM Agreement.
Nepal secures $150M from World Bank to boost disaster resilience
By Globe Banner | Oct 29, 2024
The Government of Nepal and the World Bank have formalized a US$150 million financing agreement aimed at enhancing Nepal's disaster response capabilities.
Paraguay joins IMF's Special Data Dissemination Standard
By Globe Banner | Oct 29, 2024
On October 28, Paraguay joined the International Monetary Fund's (IMF) Special Data Dissemination Standard (SDDS), becoming the 49th country to do so.
World Bank aids Haitian displaced with essential WASH support
By Globe Banner | Oct 29, 2024
Marie Jeanne Montrose, a widow with four children, is among the many displaced individuals in Port-au-Prince, Haiti.
World Bank forecasts declining commodity prices amid global slowdown
By Globe Banner | Oct 29, 2024
The World Bank has released its latest Commodity Markets Outlook, predicting a continued decline in most commodity prices into 2025. This follows a period of exceptional growth between 2021 and mid-2022. According to the report, energy prices are projected to drop by 14% next year after an expected fall of 26% this year.
Blackstone closes first series U.S. direct lending fund with $22 billion
By Globe Banner | Oct 29, 2024
Blackstone has announced the final closure of the first series of its U.S. direct lending fund, Blackstone Senior Direct Lending Fund (BXD), amassing $22 billion in investable capital.
U.S. Treasury Secretary Yellen: 'We’re now doing everything we can to lower costs for American families'
By Globe Banner | Oct 29, 2024
In a speech at the Council on Foreign Relations, U.S. Treasury Secretary Janet L. Yellen discussed the Biden-Harris Administration’s international economic policy, particularly its alignment with domestic economic objectives.
US contributes $180K for global food safety through SPS standards
By Globe Banner | Oct 28, 2024
The United States has contributed USD 180,000 to support food, animal, and plant health standards in developing countries.