News from 2024
Fossil Fuel Subsidy Reform Initiative reviews progress at final meeting of 2024
By Globe Banner | Nov 26, 2024
Ambassador Clare Kelly of New Zealand, who coordinates the Fossil Fuel Subsidy Reform (FFSR) initiative, shared updates on recent activities aligned with the 13th Ministerial Conference's Ministerial Statement and work program.
Germany's corporate sector boosts climate investments despite hurdles
By Globe Banner | Nov 26, 2024
In 2023, businesses in Germany increased their investments in climate solutions, reaching a total of EUR 85 billion.
Barclays announces new private banking hub opening in Singapore by 2026
By Globe Banner | Nov 26, 2024
Barclays has announced plans to open a new Private Bank booking center in Singapore.
Discussion highlights interconnectedness's role in maintaining global financial stability
By Globe Banner | Nov 26, 2024
Governor, thank you for inviting me to this important symposium.
Fubon's Q3 report shows robust performance across subsidiaries
By Globe Banner | Nov 26, 2024
Fubon Financial Holdings held its investor conference for the third quarter of 2024, presenting unaudited financial results and operational status for the first nine months.
Kiribati considers reforming its copra subsidy program
By Globe Banner | Nov 26, 2024
Kiribati's government is considering changes to its copra subsidy program, a key part of its economic strategy.
ING progresses with share buyback programme in November
By Globe Banner | Nov 26, 2024
ING has reported progress on its €2.0 billion share buyback programme, initially announced on October 31, 2024.
Siemens study: Data gaps hinder progress towards decarbonization
By Globe Banner | Nov 26, 2024
Data availability is a significant obstacle in the path to decarbonization, according to a recent study by Siemens.
IMF projects strong economic growth for Albania amid fiscal challenges
By Globe Banner | Nov 26, 2024
An International Monetary Fund (IMF) mission, led by Anke Weber and including David Bartolini, Fazurin Jamaludin, Jakree Koosakul, and Hasan Toprak, conducted discussions with Albania for the 2024 Article IV Consultation from November 13 to 21.
IMF discusses South Africa's economic challenges during Article IV consultation
By Globe Banner | Nov 26, 2024
An International Monetary Fund (IMF) team, led by Delia Velculescu, recently concluded its visit to South Africa for the 2024 Article IV annual consultation.
Mongolia urged to align monetary and fiscal policies to control inflation
By Globe Banner | Nov 26, 2024
Discussions at the Bank of Mongolia's recent international conference emphasized the need for improved alignment between monetary and fiscal policies to address high inflation.
AIA China receives approval for new branch preparation in Zhejiang
By Globe Banner | Nov 26, 2024
AIA China has received approval from the China Banking and Insurance Regulatory Commission to prepare for a new branch in Zhejiang.
IMF outlines challenges facing Czech Republic's economic recovery
By Globe Banner | Nov 26, 2024
The International Monetary Fund (IMF) has released a concluding statement following its 2024 Article IV mission to the Czech Republic.
Macquarie Bank fined by FCA over unauthorized trading incident
By Globe Banner | Nov 26, 2024
Macquarie Group's UK branch, Macquarie Bank Limited, London Branch, has received a financial penalty from the Financial Conduct Authority (FCA).
Consumer confidence declines amid rising inflation expectations
By Globe Banner | Nov 26, 2024
Consumer confidence experienced a decline last week, dropping by 1.1 points to reach 85.7 points.
Financial Stability Board releases unchanged list of global systemically important banks
By Globe Banner | Nov 26, 2024
The Financial Stability Board (FSB) has released the 2024 list of global systemically important banks (G-SIBs), with no changes in the number of institutions included.
World Bank funds $250 million project for Morocco's solid waste management
By Globe Banner | Nov 26, 2024
The World Bank has approved a new $250 million program aimed at enhancing Morocco's municipal solid waste management system.
ANZ teams up with DataCo for customer insights through new venture
By Globe Banner | Nov 26, 2024
ANZ has entered a strategic partnership with DataCo, the first commercialized business to emerge from ANZ's external innovation and investment partner, 1835i.
Standard Chartered's trade institute receives accreditation from LIBF
By Globe Banner | Nov 25, 2024
Standard Chartered has announced that its Trade Institute has received full accreditation from the London Institute of Banking and Finance (LIBF).
World Bank approves $200 million project to boost Costa Rica's social protection
By Globe Banner | Nov 25, 2024
The World Bank has approved a project to enhance Costa Rica's social protection system, aiming to improve its targeting and efficiency.