News from November 2024
AIA China expands with new branch approval in Chongqing
By Globe Banner | Nov 12, 2024
AIA China has received the green light to establish a new branch in Chongqing.
World Bank launches roadmap at COP28 targeting high-integrity carbon markets
By Globe Banner | Nov 12, 2024
The World Bank has launched the Carbon Markets Engagement Roadmap at COP28, aiming to expand high-integrity carbon markets and mobilize finance.
Consumer confidence rises amid steady interest rates from RBA
By Globe Banner | Nov 12, 2024
Consumer confidence has shown a slight increase, rising by 0.2 points to reach 86.7 points last week.
Development banks announce increased climate finance goals at COP29
By Globe Banner | Nov 12, 2024
Multilateral development banks (MDBs) have announced plans to increase climate financing efforts at the COP29 summit in Baku.
Côte d'Ivoire announces initiatives to boost climate finance at COP29
By Globe Banner | Nov 12, 2024
The Government of Côte d'Ivoire has unveiled a series of initiatives aimed at enhancing climate financing, as announced at COP29 in Baku.
Morgan Stanley invests $20 million in fintech firm NovoPayment
By Globe Banner | Nov 12, 2024
Investment funds managed by Morgan Stanley Expansion Capital have announced a $20 million investment in NovoPayment.
World Bank supports new fund addressing climate change loss
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank pledged to support the establishment of the Fund for Responding to Loss and Damage (FRLD) as a financial intermediary fund.
thyssenkrupp adopts Siemens' AI copilot for enhanced engineering processes
By Globe Banner | Nov 12, 2024
thyssenkrupp Automation Engineering has adopted the Siemens Industrial Copilot, integrating it into their operations to improve productivity and address challenges such as competitive pressure and a shortage of skilled labor.
World Bank introduces BCG+ model for sustainable development in Thailand
By Globe Banner | Nov 12, 2024
Thailand is facing significant climate change challenges, prompting the introduction of a new model to bolster its green agenda.
BlackRock and MAS collaborate on decarbonization investment opportunities in Asia
By Globe Banner | Nov 12, 2024
BlackRock and the Monetary Authority of Singapore (MAS) have announced a joint initiative to explore investment opportunities in decarbonization across Asia.
World Bank increases commitment to climate finance at COP28
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank Group announced a significant increase in its climate finance allocation.
U.S. Embassy announces 2025 Ambassadors Fund for Cultural Preservation
By Globe Banner | Nov 12, 2024
The U.S. Embassy in Amman, in collaboration with the Cultural Heritage Center within the Bureau of Educational and Cultural Affairs (ECA) of the U.S. Department of State, has announced the initiation of the U.S. Ambassadors Fund for Cultural...
World Bank supports Philippine digital transformation with $750 million loan
By Globe Banner | Nov 12, 2024
Digital transformation is crucial for the Philippines to achieve resilient and inclusive economic growth.
ANZ strengthens partnership with $100K donation to DV Safe Phone
By Globe Banner | Nov 12, 2024
ANZ has made a significant contribution to DV Safe Phone, donating $100,000 as the organization celebrates providing its 10,000th phone to victims of domestic violence.
Binance announces investment in BIO Protocol
By Globe Banner | Nov 12, 2024
Binance has announced its investment in BIO Protocol (BIO), a blockchain-based platform designed to transform the funding and commercialization of early-stage scientific research.
Hipgnosis completes $1.47 billion ABS deal backed by music royalties
By Globe Banner | Nov 11, 2024
Hipgnosis, a prominent music rights investment and management firm, has announced the completion of a $1.47 billion asset-backed securities (ABS) deal named Lyra 24-2.
Crisis-resilient loans offer relief to developing countries facing climate change
By Globe Banner | Nov 11, 2024
The impact of climate change is severe for numerous developing nations.
Fubon Senior Open starts Nov. 13; expands field for youth engagement
By Globe Banner | Nov 11, 2024
The Fubon Senior Open, a key event on the Taiwan Senior PGA Tour, is set to commence its 22nd edition at the Taiwan Golf & Country Club on November 13.
Kwenda cash transfer program aids Angolan families in fighting poverty
By Globe Banner | Nov 11, 2024
The village of Seles in Kwanza Sul, Angola, faces cold mornings and foggy weather.