News from 2024
World Bank shares stories of resilience from four countries
By Globe Banner | Dec 17, 2024
The World Bank has released an immersive story that explores how various governments and communities are working towards a resilient future.
Sun Life appoints Benjamin Deng as president for Asian asset management
By Globe Banner | Dec 17, 2024
Sun Life has announced the appointment of Benjamin Deng as President of Asia Asset Management, effective January 1.
World Bank urges Serbia to invest in climate resilience for economic growth
By Globe Banner | Dec 17, 2024
Serbia can bolster its economic growth and generate employment by investing in climate change resilience and decarbonization, according to a report released today by the World Bank Group.
World Bank backs project for digital growth and skill enhancement in Tajikistan
By Globe Banner | Dec 17, 2024
The World Bank has approved a new project aimed at enhancing digital services and improving digital skills in Tajikistan, with a focus on rural areas.
BiT Global: 'Coinbase engaged in predatory or anticompetitive conduct' to monopolize wBTC market
By Globe Banner | Dec 17, 2024
BiT Global has accused Coinbase of engaging in "predatory or anticompetitive conduct" to monopolize the wrapped Bitcoin (wBTC) market.
WTO sets dates for Ministerial Conference in Cameroon
By Globe Banner | Dec 16, 2024
Members of the World Trade Organization (WTO) have confirmed the dates for the 14th Ministerial Conference, which will be held in Cameroon in 2026.
Non-bank financial intermediation sees robust growth outpacing banking sector
By Globe Banner | Dec 16, 2024
The Financial Stability Board (FSB) has released its annual Global Monitoring Report on Non-Bank Financial Intermediation (NBFI), highlighting significant growth in the sector for 2023.
IMF comments on progress at CEMAC Heads of State summit
By Globe Banner | Dec 16, 2024
At the conclusion of the CEMAC Heads of State meeting, Abebe Aemro Selassie, Director of the IMF's African Department, issued a statement highlighting progress and ongoing challenges in the region.
KfW IPEX-Bank joins banking club to finance Finland's energy transition
By Globe Banner | Dec 16, 2024
A banking consortium, comprising KfW IPEX-Bank, Skandinaviska Enskilda Banken AB (SEB), and Hamburg Commercial Bank (HCOB), has committed over EUR 100 million to Auris Energia.
Europe urged to boost growth through market integration and smart policies
By Globe Banner | Dec 16, 2024
The European Union is reflecting on significant milestones and challenges as it celebrates Lithuania's 10 years in the euro area and the 25th anniversary of the Euro.
IMF approves $7.1M disbursement after completing Guinea-Bissau credit facility review
By Globe Banner | Dec 16, 2024
The International Monetary Fund (IMF) Executive Board has completed the seventh review under Guinea-Bissau's Extended Credit Facility (ECF) arrangement, allowing for a disbursement of approximately US$7.1 million.
IMF completes fourth review of Zambia's extended credit facility
By Globe Banner | Dec 16, 2024
The International Monetary Fund (IMF) Executive Board has completed the fourth review of Zambia's Extended Credit Facility (ECF) arrangement, leading to an immediate disbursement of approximately $184 million.
Integration of migrants boosts economy on International Migrants Day
By Globe Banner | Dec 16, 2024
The integration of migrants, refugees, and returnees is increasingly seen as a key factor in improving well-being and economic growth.
World Bank reports robust economic growth prospects for Indonesia
By Globe Banner | Dec 16, 2024
Indonesia is on track to achieve a 5 percent growth rate this year, according to the latest Indonesia Economic Prospects report.
Cameroon accepts WTO fisheries subsidies agreement ahead of MC14
By Globe Banner | Dec 16, 2024
Cameroon has formally accepted the World Trade Organization (WTO) Agreement on Fisheries Subsidies.
QBE Ventures partners with startups for global expansion in cybersecurity
By Globe Banner | Dec 16, 2024
QBE Ventures, the corporate venture capital arm of QBE Insurance Group, is advancing its global cyber insurance efforts through strategic partnerships with cyber-tech startups.
U.S.-Chad cooperation celebrated through Les McBride's 50-year service
By Globe Banner | Dec 16, 2024
Ambassador Laskaris honored Les McBride for his five decades of service at a retirement ceremony held at the U.S. Embassy in Chad.
Yuanta-FJCU education project wins MOE gold award for third year
By Globe Banner | Dec 16, 2024
Yuanta Financial Holding Company and the Yuanta Cultural and Educational Foundation have long been involved in educational initiatives in remote areas.
Yuanta FHC achieves top rank in diversified financials for sustainability
By Globe Banner | Dec 16, 2024
The Dow Jones Sustainability Indices (DJSI), recognized globally for their credibility, were announced on December 16, Taipei time.