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The Federal Reserve's recent interest rate cuts have not led to the expected decrease in longer-term Treasury yields, posing a challenge for Fed Chair Jerome Powell.

APEC leaders discuss economic challenges amid slowing growth

Thank you, President Boluarte, for inviting me to today’s APEC Leaders’ retreat.

Standard Chartered responds to favorable US court ruling

London – Standard Chartered has responded to a recent court ruling in its favor regarding a US civil litigation case.

Outlier Ventures CCO: 'Fundamental crypto general-purpose technology' in off-chain sectors is 'interesting'

Matt Law, chief commercial officer at Outlier Ventures, discussed the potential applications of crypto technologies during his talk at Binance Blockchain Week.

ANZ partners with CitoPlus for streamlined SME loan applications

ANZ and CitoPlus have announced a strategic partnership facilitated by ANZ's external innovation partner, 1835i.

ANZ warns shoppers about online scams ahead of Black Friday sales

November marks the beginning of a significant spending period for Australian consumers, with many opting to complete their Christmas shopping during the Black Friday and Cyber Monday sales.

Benin unveils new climate finance platform with global partnerships

On November 15, 2024, during COP29 in Baku, Azerbaijan, the Government of Benin announced a new set of initiatives to enhance climate action.

Morgan Stanley announces regular dividends on various preferred stock series

Morgan Stanley has announced the declaration of regular dividends on its outstanding shares of preferred stock.

Foreign-owned firms boost US employment by nearly seven million

Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, marking a 6.8 percent increase from the previous year's 7.82 million workers, according to statistics released by the...

IMF reaches staff-level agreement with Comoros on extended credit facility review

An International Monetary Fund (IMF) team, led by Ms.

WTO official urges scaled-up response to climate crisis through global trade collaboration

Thank you for the invitation from the Coalition of Trade Ministers for Climate.

FSB Europe discusses private credit growth amid rising global vulnerabilities

The Financial Stability Board (FSB) Regional Consultative Group for Europe convened in Munich, Germany on November 14 and 15.

Report reveals potential growth areas for cross-border renewable electricity trade

The latest report, "Supporting the Renewable Electricity Transition through Trade: Unlocking Re-Globalization Opportunities via Interconnection," highlights the untapped potential of cross-border electricity trade in advancing renewable energy goals.

IMF concludes staff visit to Pakistan focusing on economic policy discussions

An International Monetary Fund (IMF) mission, led by Nathan Porter, concluded a staff visit to Pakistan from November 12 to 15, 2024.

Siemens partners with Enemalta for digital transformation of Maltese grid

Enemalta, Malta's primary energy services provider, is taking steps to modernize its national electricity distribution grid in collaboration with Siemens.

MANTRA CEO: Real estate is 'soon-to-be trillion-dirham industry on a yearly basis in Dubai'

John Patrick Mullin, CEO of MANTRA, said that while many assets can be tokenized, "real estate," particularly in Dubai’s extensive market, offers a significantly greater "tokenization" opportunity than smaller assets.

Chainalysis CRO: 'I think TradFi is coming to the blockchain'

Bas Lemmens, Chief Revenue Officer at Chainalysis, said that traditional finance is "coming to the blockchain," and he anticipates "trillions of dollars" in value will be transferred onto the blockchain.

IMF reaches agreement with Burkina Faso on credit facility review

The International Monetary Fund (IMF) has reached a staff-level agreement with Burkina Faso on the second review of the Extended Credit Facility (ECF) arrangement.

IMF's Georgieva addresses global economic challenges at annual research conference

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivered remarks at the 25th Jacques Polak Annual Research Conference.

IRENA-WTO report outlines trade policies for renewable hydrogen expansion