News from 2024
Standard Chartered forecasts flat global economic growth amid rising protectionism
By Globe Banner | Dec 10, 2024
Standard Chartered has projected a slight slowdown in global economic growth for 2025, with expectations of a decrease from 3.2% in 2024 to 3.1%.
Pan-Arab Electricity Market moves forward with new agreements signed
By Globe Banner | Dec 10, 2024
The Pan Arab Electricity Market (PAEM) is moving forward with its initiative to integrate the power systems of Arab countries.
Fubon Financial reports record-breaking earnings for November 2024
By Globe Banner | Dec 10, 2024
Fubon Financial Holdings has announced its earnings results for November 2024, reporting an unaudited consolidated pre-tax profit of NT$12.94 billion and a net profit of NT$10.36 billion.
IMF official concludes Nairobi visit discussing economic resilience with Kenyan leaders
By Globe Banner | Dec 10, 2024
Nairobi, Kenya: Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), concluded his visit to Kenya with a statement expressing gratitude for the hospitality received during his stay from December 8–10, 2024.
Consumer confidence drops post Black Friday sales amid declining economic indicators
By Globe Banner | Dec 10, 2024
Consumer confidence experienced a decline last week, dropping 2.9 points to reach 85.5 points.
Lebanon Economic Monitor reports on escalating economic challenges
By Globe Banner | Dec 10, 2024
The Fall 2024 edition of the Lebanon Economic Monitor (LEM) has been released, titled "Mounting Burdens on a Crisis-Ridden Country."
IMF assesses Haiti's multifaceted crisis during 2024 Article IV consultation
By Globe Banner | Dec 10, 2024
The International Monetary Fund (IMF) Executive Board has completed its Article IV consultation with Haiti, assessing the country's ongoing challenges and economic outlook.
World Bank offers strategies to bolster Mongolia's financial stability
By Globe Banner | Dec 10, 2024
Two reports released by the World Bank highlight recommendations to enhance Mongolia's financial and private sectors.
Philippines' economy set for robust growth despite challenges
By Globe Banner | Dec 10, 2024
The Philippines is expected to maintain strong economic growth amid global geopolitical tensions, according to the latest Philippines Economic Update (PEU) from the World Bank.
World Bank report highlights ongoing poverty issues in resource-rich South Sudan
By Globe Banner | Dec 10, 2024
A recent report by the World Bank reveals that poverty remains a significant issue in South Sudan despite its abundant resources.
Trade digitalization emphasized at Informal Working Group meeting
By Globe Banner | Dec 10, 2024
The Informal Working Group, following a proposal by the United Kingdom, recently focused on the role of trade digitalization and paperless trading in supporting small businesses' entry into global markets.
IMF completes review of extended credit facility arrangement for Somalia
By Globe Banner | Dec 10, 2024
On December 9, the International Monetary Fund (IMF) Executive Board completed its 2024 Article IV Consultation and second review under the Extended Credit Facility (ECF) for Somalia.
IMF completes Article IV consultation on San Marino's economic outlook
By Globe Banner | Dec 10, 2024
The International Monetary Fund (IMF) Executive Board has completed its 2024 Article IV consultation with the Republic of San Marino.
KfW outlines funding strategy for 2025 focusing on green bonds and digitalization
By Globe Banner | Dec 10, 2024
KfW Group has announced its plans for the upcoming year, outlining its funding strategy and focus areas during its annual capital market press conference.
El Salvador aims at reducing poverty through strategic economic reforms
By Globe Banner | Dec 10, 2024
El Salvador is presented with a significant opportunity to further reduce poverty levels, despite having made notable progress over the past two decades.
World Bank approves $200 million funding for development reforms in Togo
By Globe Banner | Dec 10, 2024
The World Bank has approved $200 million in financing from the International Development Association (IDA) to support policy reforms in Togo.
World Bank’s Global Road Safety Facility receives prestigious award
By Globe Banner | Dec 10, 2024
The World Bank's Global Road Safety Facility (GRSF) has been recognized with the Prince Michael International Road Safety Award for its significant contributions to road safety over the past ten years.
Nuno Matos appointed as new CEO for ANZ Group
By Globe Banner | Dec 9, 2024
The ANZ Group Board has announced that Nuno Matos will take over as Chief Executive Officer on July 3, 2025.
Yuanta FHC wins gold award for workplace gender equality
By Globe Banner | Dec 9, 2024
Yuanta Financial Holding Company (FHC) has been recognized with the Taipei City Workplace Gender Equality Certification Gold Award for the second time.
Macquarie partners with Dow on Gulf Coast infrastructure venture
By Globe Banner | Dec 9, 2024
Macquarie Asset Management has announced a new partnership with Dow to form Diamond Infrastructure Solutions.