News from October 2025
World Bank forecasts continued decline in global commodity prices through 2026
By Globe Banner | Oct 29, 2025
Global commodity prices are expected to decline for a fourth consecutive year in 2026, reaching their lowest point since 2020, according to the World Bank Group’s Commodity Markets Outlook released on October 29, 2025.
World Bank ministerial conclave addresses global push for job-ready skills
By Globe Banner | Oct 29, 2025
A billion young people are expected to enter the workforce over the next decade, making skills development a key focus for global leaders.
Yuanta FHC and Yuanta Bank receive sports enterprise certification for workplace wellness efforts
By Globe Banner | Oct 29, 2025
Yuanta Financial Holding Company (FHC) and Yuanta Bank have once again received the Sports Enterprise Certification, a recognition given by Taiwan’s Ministry of Sports.
WTO releases arbitration decision in US-EU dispute over Spanish ripe olives
By Globe Banner | Oct 29, 2025
The World Trade Organization (WTO) has circulated the decision of an arbitrator regarding the dispute between the United States and the European Union over anti-dumping and countervailing duties imposed on ripe olives from Spain.
U.S. Embassy alerts citizens to planned demonstrations in Bogot
By Globe Banner | Oct 29, 2025
Multiple demonstrations are taking place across Bogotá on Wednesday, October 29, according to information from the U.S. Embassy in Colombia.
World Bank revises economic outlook for Pakistan after updated flood impact data
By Globe Banner | Oct 29, 2025
The World Bank has released updated projections for Pakistan's economic growth and poverty rates for the coming fiscal years.
World Bank report calls for reforms to boost job creation in Liberia
By Globe Banner | Oct 29, 2025
The World Bank has published the sixth edition of its annual Liberia Economic Update, titled “From Stabilization to Inclusion – Pathways to Resilient Growth and Productive Jobs.” The report examines recent economic trends in Liberia and assesses...
World Bank urges investment in renewable energy for Croatia's sustainable growth
By Globe Banner | Oct 29, 2025
The World Bank has released its Country Climate and Development Report (CCDR) for Croatia, analyzing the country’s climate challenges and proposing strategies to support low-carbon, resilient, and inclusive economic growth.
IMF says Grenada's economy resilient after Hurricane Beryl but warns on future risks
By Globe Banner | Oct 29, 2025
Grenada’s economy has shown resilience in the face of ongoing global uncertainty and the aftermath of Hurricane Beryl, according to a recent statement from an International Monetary Fund (IMF) staff mission.
UBS launches seven concurrent cash tender offers for debt securities
By Globe Banner | Oct 29, 2025
UBS Group AG and UBS AG, operating through its Stamford branch, announced the launch of seven separate cash tender offers to purchase outstanding debt securities.
Morgan Stanley announces acquisition agreement with private shares platform EquityZen
By Globe Banner | Oct 29, 2025
Morgan Stanley has announced an agreement to acquire EquityZen, a private shares platform based in New York.
WTO committee discusses global anti-dumping actions at October 2025 meeting
By Globe Banner | Oct 29, 2025
The World Trade Organization's Committee on Anti-Dumping Practices held a meeting to review recent notifications of anti-dumping legislation and actions from several member countries.
NVIDIA schedules Q3 fiscal 2026 earnings call for November 19
By Globe Banner | Oct 29, 2025
NVIDIA has announced it will hold a conference call on November 19 at 2 p.m. Pacific Time to discuss its financial results for the third quarter of fiscal year 2026, which ended on October 26, 2025.
Ida Lerner named new chief financial officer for ING Group
By Globe Banner | Oct 29, 2025
ING Group has announced the appointment of Ida Lerner as its next chief financial officer (CFO).
UBS reports $2.5bn net profit for Q3 amid strong asset inflows
By Globe Banner | Oct 29, 2025
UBS Group AG reported a pre-tax profit of USD 2.8 billion for the third quarter of 2025, with underlying pre-tax profit reaching USD 3.6 billion.
BMO lowers US dollar prime lending rate to 7 percent effective October 30
By Globe Banner | Oct 29, 2025
BMO announced on October 29, 2025, that it will lower its US dollar prime lending rate from 7.25 percent to 7.00 percent.
United States signs agreement with Malaysia on strengthening global critical mineral supply chains
By Globe Banner | Oct 29, 2025
The United States and Malaysia have signed a Memorandum of Understanding (MoU) to enhance cooperation in the development and expansion of critical minerals supply chains.
U.S. Embassy warns Americans after flooding continues in central Vietnam
By Globe Banner | Oct 29, 2025
Heavy rainfall caused by Tropical Depression Fengshen continues to affect central Vietnam, leading to ongoing flooding in Hue and nearby areas.
IMF survey shows rise in global digital finance but highlights persistent access gaps
By Globe Banner | Oct 29, 2025
The International Monetary Fund (IMF) has published the results of its 2025 Financial Access Survey (FAS), along with a report titled "Financial Access Survey: Fintech, a Catalyst for Financial Services Access, Innovation and Growth."
Fubon's subsidiaries receive five awards at Taiwan's 2025 Financial Education Contribution Awards
By Globe Banner | Oct 29, 2025
For the second year in a row, subsidiaries of Fubon Financial Holdings have been recognized by Taiwan's Financial Supervisory Commission (FSC) with five major awards at the 2025 Financial Education Contribution Award ceremony.