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Banking & Financial Services

World Bank approves $34.5M for Bhutan's renewable natural resource transformation

The World Bank has approved $34.5 million in financing to support Bhutan's efforts to enhance value addition and employment in its agriculture, livestock, and forestry sectors.

Banking & Financial Services

Mortgage and rental spending growth slows down again

Data from Barclays Property Insights reveals a slowdown in the growth of consumer spending on rent and mortgages for the third consecutive month in May, with a year-on-year increase of 4.6%, compared to April's 5.2%.

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Banking & Financial Services

World Bank outlines economic reform recommendations for Kyrgyz Republic

The World Bank has released its Country Economic Memorandum (CEM) for the Kyrgyz Republic, a detailed analytical report aimed at identifying key constraints to economic growth and suggesting reform directions.


Banking & Financial Services

World Bank approves $70M credit for Pakistan's revenue enhancement

The World Bank has announced an additional $70 million credit for the Pakistan Raises Revenue project, aiming to enhance domestic revenue collection and improve tax compliance in Pakistan.


Banking & Financial Services

Sympower CEO Simon Bushell discusses inequality, investment advice, and partnership with Activate

Welcome to our Meet the CEO series, featuring interviews with leaders from Activate portfolio companies.


Banking & Financial Services

Gender equality in care work linked to economic stability

Care work highlights gender disparities, with women comprising around 62.1% of the global paid health and care workforce and an estimated 76% of all unpaid care work.


Banking & Financial Services

World Bank approves $300M for agribusiness development in Togo

The World Bank Group (WBG) has approved a $300 million initiative to help Togo establish itself as a regional center for agribusiness and animal nutrition.


Banking & Financial Services

Fubon Financial reports mixed earnings amid currency fluctuations

Fubon Financial Holdings has announced its earnings results for May 2025, reporting an unaudited consolidated net loss of NT$5.79 billion.


Banking & Financial Services

KfW IPEX-Bank backs major wind energy project in Québec

KfW IPEX-Bank is contributing EUR 140 million in financing for a wind energy project in Canada.


Banking & Financial Services

World Bank predicts weakest global growth since '08 outside recessions

Heightened trade tensions and policy uncertainty are projected to slow global growth to its lowest pace since 2008, excluding outright recessions, according to the World Bank's Global Economic Prospects report.


Banking & Financial Services

ANZ recognized again as Australia's top institutional bank

ANZ has announced that it has been recognized as the leading bank for corporate and institutional customer relationships in Australia.


Banking & Financial Services

Clean Oceans Initiative reaches funding milestone ahead of schedule

The "Clean Oceans Initiative" (COI), established by KfW along with the French development bank AFD and the European Investment Bank in 2018, has reached its initial goal ahead of schedule.


Banking & Financial Services

Holley Higgins appointed head of ports & terminals at Arch Insurance International

Arch Insurance International has announced the appointment of Holley Higgins as Head of Ports & Terminals, effective immediately.


Banking & Financial Services

World Bank reports over $100 billion in carbon pricing revenues for public budgets

Carbon pricing revenues have surpassed $100 billion in 2024, as reported by the World Bank.


Banking & Financial Services

Howden Re releases comprehensive report on Europe's tech-enabled MGA ecosystem

Howden Re has released an industry-first report titled "Agents of Change," which focuses on the European Managing General Agent (MGA) market.


Banking & Financial Services

UK consumer card spending slows amid declining financial confidence

Consumer card spending in the UK saw a modest increase of 1.0% year-on-year in May, as reported by the Barclays Consumer Spend report.


Banking & Financial Services

Investment firm backs tech platform transforming credit market

Over the past four decades, capital markets have experienced significant transformations as technology modernized many asset classes.


Banking & Financial Services

Investment experts stress sticking with proven strategies amid market volatility

In a recent analysis, investment professionals discussed the challenges of managing portfolios amidst market volatility.


Banking & Financial Services

Barclays launches London innovation hub with Microsoft and NVIDIA

Barclays has unveiled a new Innovation Hub in London, collaborating with technology giants Microsoft and NVIDIA.


Banking & Financial Services

Randal K. Quarles appointed by FSB to lead G20 strategic review

The Financial Stability Board (FSB) has appointed Randal K. Quarles to lead a strategic review group tasked by the G20.