News published on Globe Banner in June 2025

News from June 2025


Bank of America's CEO to speak at Morgan Stanley conference

Bank of America has announced that its Chair and CEO, Brian Moynihan, will participate in the Morgan Stanley US Financials Conference scheduled for June 11.


Bitget forced to payout $20M after abnormal trading activity of VOXELUSDT futures

Bitget announced that it identified abnormal trading activity of the VOXEL/USDT perpetual futures contract and was forced to suspend multiple accounts amid suspected market manipulation.


Florida Office of Insurance Regulation reports underwriting profit and a considerable jump in operating income

The Florida Office of Insurance Regulation has announced that the state's personal property insurance market reported an underwriting profit and a significant increase in operating income for 2024, according to a report by the AM Best rating and...



Hegseth meets with Vietnamese counterpart to discuss defense cooperation

On May 31, Secretary of Defense Pete Hegseth met with Vietnam’s Minister of National Defence General Phan Van Giang.


Attempted terrorist attack reported near Martyrs Shrine in Munyonyo

There are reports of an attempted terrorist attack near the Martyrs Shrine in Munyonyo, Kampala.


U.S. Government requests quotes for AC servicing at leased residences

The U.S. Government has issued a request for quotes for the servicing of air conditioning units located in its leased residences.


U.S. Embassy in Suva seeks quotes for diesel fire pump repairs

The U.S. Embassy in Suva has announced a request for quotation (RFQ) for repairs to its diesel fire pump.


U.S. Embassy Suva seeks quotes for Ansul system replacement

The U.S. Embassy in Suva has issued a request for quotation for the replacement of an Ansul System.


DBS supports SGD 692 million green loan for Tengah's eco-friendly urban project

A consortium led by Hong Leong Holdings Limited, including joint venture partners GuocoLand Limited and CSC Land Group, has secured a SGD 692 million green loan for an urban development project in Tengah, Singapore.


NAB Foundation launches impact investment fund focusing on affordable housing

The NAB Foundation has introduced a new Impact Investing Fund (IIF) aimed at enhancing its social and environmental contributions.


JPMorganChase launches strategy to boost financial health in underserved U.S. communities

JPMorganChase has unveiled a new corporate responsibility strategy to enhance financial health and economic growth in U.S. communities, particularly focusing on low- and moderate-income (LMI) populations.


World Bank highlights Algeria's economic progress but urges productivity boost

Algeria's economy experienced significant growth in 2024, with non-hydrocarbon GDP increasing by 4.8%, according to the World Bank's Spring 2025 Economic Update.


Consumer confidence falls amid changing financial outlooks

Consumer confidence in Australia experienced a slight decline last week, with the index dropping 0.6 points to 86.4.


WTO upgrades e-Learning platform for better user experience

The World Trade Organization (WTO) has announced an upgrade to its e-Learning platform, aiming to enhance the user experience and learning outcomes for participants.


Inga 3 program progresses with local consultations shaping community development

Community consultations in Kongo Central, a province in the Democratic Republic of Congo (DRC), have been instrumental in preparing for the community development aspect of the Inga 3 Development Program.


UK firms adapt to US tariffs; expect positive impacts on trade

Barclays Business Prosperity research indicates that UK businesses are adapting to new US tariffs, predicting a net positive impact on exports, supply chains, and profits.


US calls for changes in UNFPA policies on women's health

The United States has expressed its stance on various issues concerning women's health and rights at the UNFPA Segment of the 2025 Annual Session of the UNDP/UNOPS/UNFPA Executive Board.


Entrepreneurial activity rises slightly as German start-up founders get younger

In 2024, the average age of business founders in Germany reached a record low since the inception of KfW Entrepreneurship Monitor surveys.


Southeast Asian creators gain skills at U.S.-backed YSEALI bootcamp

U.S. Ambassador to the Philippines MaryKay Carlson recently participated in a workshop aimed at empowering content creators from Southeast Asia.