Latest News
World Bank Group launches $100 million partnership with Sri Lanka for agriculture
By Globe Banner | Sep 9, 2025
More than 380,000 people in Sri Lanka are expected to benefit from a new $100 million partnership between the Government of Sri Lanka and the World Bank Group.
Morgan Stanley marks 25 years in Glasgow with commemorative tartan
By Globe Banner | Sep 9, 2025
Morgan Stanley has marked the 25th anniversary of its Glasgow office, highlighting a quarter-century of operations and partnership in Scotland.
Macquarie launches Millbray platform targeting over-50s housing market
By Globe Banner | Sep 9, 2025
Macquarie Real Estate Partners (MREP), managed by Macquarie Asset Management’s Real Estate division, has announced the creation of Millbray, a new group focused on land lease communities in Australia.
World Bank Group executive directors visit Argentina to discuss sustainable mining
By Globe Banner | Sep 9, 2025
A group of 10 Executive Directors from the World Bank Group visited Argentina between September 10 and 12, aiming to better understand the country's development priorities.
UK consumer card spending slows but confidence improves after base rate cut
By Globe Banner | Sep 9, 2025
Consumer card spending in the UK increased by just 0.5 per cent year-on-year in August, according to the latest Barclays Consumer Spend report.
Australian consumer confidence rises as financial outlook improves
By Globe Banner | Sep 9, 2025
Consumer confidence in Australia increased by 1.3 points last week, reaching 89.3 points, according to the latest ANZ-Roy Morgan survey.
World Bank outlines actions after review finds policy gaps in Tanzania's REGROW project
By Globe Banner | Sep 9, 2025
Tanzania’s Resilient Natural Resource Management for Tourism and Growth project, known as REGROW, was a $150 million initiative financed by the International Development Association (IDA) and approved in September 2017.
Fubon Financial partners with Microsoft to launch Taiwan’s first Copilot Studio Hackathon
By Globe Banner | Sep 8, 2025
Fubon Financial Holdings has partnered with Microsoft to launch Taiwan's first AI agent employee competition, the Copilot Studio Hackathon.
Howden Re partners with Reask on European climate risk modelling
By Globe Banner | Sep 7, 2025
Howden Re has announced a new partnership with Reask, a company specializing in climate-driven modelling solutions.
NAB says zero-fee bank accounts have saved customers over $500 million since 2010
By Globe Banner | Sep 7, 2025
Since its introduction in 2010, National Australia Bank’s (NAB) zero-dollar fee transaction account has helped more than seven million customers avoid over $500 million in banking fees.
Homebuyer activity rises as government support expands and interest rates hold steady
By Globe Banner | Sep 7, 2025
The Reserve Bank of Australia recently decided to keep interest rates unchanged, despite expectations from the market and economists for a rate cut.
Howden Re expands presence across France Benelux amid changing reinsurance landscape
By Globe Banner | Sep 6, 2025
The reinsurance market in France, Belgium, and Luxembourg is undergoing significant change as the industry moves from a hard market to what Howden Re describes as "a hard market, softening."
Swiss Re Institute reports doubling of global P&C insurance market size since 2005
By Globe Banner | Sep 6, 2025
The global property and casualty (P&C) insurance market has doubled in size over the last 20 years, reaching USD 2.4 trillion, according to a new report from Swiss Re Institute.
NCUA reports asset and membership growth in Q2 2025 for federally insured credit unions
By Globe Banner | Sep 5, 2025
The National Credit Union Administration (NCUA) has released its second quarter performance data for the credit union system in 2025.
Three Fubon Financial subsidiaries earn top ratings for climate-related disclosures
By Globe Banner | Sep 5, 2025
Fubon Financial Holdings announced that three of its subsidiaries—Fubon Life, Taipei Fubon Bank, and Fubon Insurance—have received “excellent” ratings in the Banking and Insurance Industry Task Force on Climate-related Financial Disclosures (TCFD)...
Howden Re’s new report urges innovation as reinsurance market enters post-hard phase
By Globe Banner | Sep 5, 2025
Howden Re has published a new report titled “Who dares wins: Innovation in an era of hard market softening,” analyzing the current state of the reinsurance sector as it transitions from a prolonged hard market.
Macquarie Asset Management agrees to buy minority stake in Portugal's Luz Saúde
By Globe Banner | Sep 5, 2025
Macquarie Asset Management has announced an agreement to acquire a 40 percent stake in Luz Saúde, a prominent healthcare group in Portugal, for about €310 million.
NAB recovers over $48 million in suspected scam transactions
By Globe Banner | Sep 5, 2025
NAB has successfully intercepted and reclaimed more than $48 million from suspected scams over a six-month period, spanning October 2024 to March 2025.
UK firms accelerate AI adoption amid economic uncertainty
By Globe Banner | Sep 5, 2025
UK businesses are turning to artificial intelligence (AI) as a key strategy to address business challenges amid economic and energy pressures, according to the latest Barclays Business Prosperity Index.
World Bank supports greener city planning initiatives across Cambodia
By Globe Banner | Sep 4, 2025
Cambodia is experiencing rapid urban growth, with nearly 25 percent of its 17 million residents now living in cities.