Latest News
Bitcoin skyrockets above $60,000
By Emily Bevard | Oct 20, 2021
Bitcoin skyrocketed above the $60,000 mark late last week, further strengthening investors and traders’ projection that the currency’s exchange-traded fund (ETF) will eventually clear.
CAIC receives top ratings for financial strength and long-term credit
By Trina Thomas | Oct 17, 2021
Caribbean Alliance Insurance Co. (CAIC) announced in an Oct. 13 press release that it has received a Financial Strength Rating of "A" for Excellent and the Long-Term Issuer Credit Rating of "A" for Excellent by AM Best.
'Net Zero' Alliance pledges questioned after big banks' ties to oil and gas company surface
By Emily Bevard | Oct 15, 2021
Now that JP Morgan Chase, America's largest bank, has signed a pledge to join the United Nations' “Net Zero" environmental pledge alongside several other giant banks across the globe, records have surfaced that indicate several of the banks recently purchased millions of dollars' worth of bonds from an oil and gas company with a record of past EPA violations.
Ireland joins international minimum tax agreement, position as corporate haven uncertain
By Benjamin Kibbey | Oct 13, 2021
Facing pressure from the administration of U.S. President Joe Biden, Ireland has stepped away from its position as a haven for global companies with the abandonment of the country's low-tax business model.
Report: G-20 banks, asset managers face trillions in exposure to carbon-intensive industries
By David Beasley | Oct 12, 2021
Banks and asset managers in the world's richest economies face a $22 trillion exposure to carbon-intensive sectors such as manufacturing and oil and gas, the Economic Times reported, citing a study by Moody's Investor Services.
ANZ supports NSW's SME stock guarantee ahead of festive season
By Globe Banner | Oct 12, 2021
ANZ has expressed approval for the New South Wales Government's initiative to assist small and medium-sized enterprises (SMEs) as they prepare for the upcoming summer season amid easing COVID-19 restrictions.
World Bank Online: Low-Income Country Debt Rises to Record $860 Billion in 2020
By 'Online Media Briefing Center' via News GlobeBanner | Oct 11, 2021
Debt reduction, restructuring, and transparency needed to help low- income countries overcome debt challenges
ANZ partners with Visa for credit card instalment payments launch
By Globe Banner | Oct 8, 2021
ANZ has announced a collaboration with Visa to introduce a new feature for credit card users, allowing them to pay for purchases in instalments.
ANZ supports first investment by Australian Business Growth Fund
By Globe Banner | Oct 7, 2021
ANZ has announced the first investment by the Australian Business Growth Fund, expressing optimism that more businesses will soon utilize this opportunity to access capital for growth and expansion.
ANZ appoints Simon Ireland as managing director for international operations
By Globe Banner | Oct 6, 2021
ANZ has announced the appointment of Simon Ireland as Managing Director, International.
Could cryptocurrency shake global financial markets?
By David Hutton | Oct 4, 2021
Currency under scrutiny as El Salvador becomes first country to accept it as legal tender
Statement by the IMF Spokesperson on the Ongoing Review by the IMF Executive Board on the Report on ‘Investigation of Data Irregularities in Doing Business 2018 and Doing Business 2020’
By Hayley Flynn | Oct 4, 2021
Press release: The IMF Executive Board met today with the representatives of the law firm WilmerHale as part of its ongoing review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.
Statement by IMF African Department Director Abebe Aemro Selassie on Meeting with President Lazarus McCarthy Chakwera of the Republic of Malawi
By Hayley Flynn | Oct 4, 2021
Press release: Mr. Abebe Aemro Selassie, Director of the African Department at the International Monetary Fund (IMF) today met with President Lazarus McCarthy Chakwera of Malawi.
IMF Staff Completes 2021 Article IV Consultation Mission to Algeria
By Hayley Flynn | Oct 4, 2021
Press release: The Algerian authorities have implemented several measures to mitigate the impact of the Covid-19 pandemic and stepped up their vaccination campaign since July.
Trinidad and Tobago Implements the International Monetary Fund’s Enhanced General Data Dissemination System
By Hayley Flynn | Oct 4, 2021
Press release: Trinidad and Tobago has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP).
ANZ CEO discusses housing market risks and economic resilience amid pandemic
By Globe Banner | Oct 4, 2021
Neil Mitchell, a broadcaster at 3AW, recently interviewed Shayne Elliott, the Chief Executive of ANZ Bank.
Western Union 'delighted' to team up with financial institutions in Africa
By Solange DeLisle | Oct 3, 2021
Millions of additional consumers will now be able to easily send and receive money across borders fast no matter what time of the day or night thanks to a new partnership Western Union has formed with large financial institutions in Africa.
Nissan to settle suit; Japanese prosecutors close case against Kelly and Ghosn
By Zachary Richter | Oct 2, 2021
Japanese prosecutors have demanded two years in prison for former Nissan executive.
Andersen Global, BoardRoom Business Solutions form collaboration agreement
By David Beasley | Oct 2, 2021
Andersen Global, a global network of tax and legal professional, has formed a collaboration agreement with tax advisory firm BoardRoom Business Solutions Pte. Ltd., a news release said.
IMF Executive Board Concludes Second and Third Reviews of the Extended Fund Facility for Ecuador and 2021 Article IV Consultation
By Hayley Flynn | Oct 1, 2021
Press release: The IMF Executive Board concluded yesterday the combined second and third reviews of the 27-month Extended Fund Facility (EFF) for Ecuador, allowing for an immediate disbursement equivalent to about US$800 million. The Executive Board also concluded the 2021 Article IV consultation.