Latest News
UK consumer card spending falls but treat purchases support select sectors
By Globe Banner | Oct 14, 2025
Consumer card spending in the UK fell by 0.7% year-on-year in September, according to the latest Barclays Consumer Spend report.
Axis Capital appoints Erik Rasmussen as head of US healthcare reinsurance
By Globe Banner | Oct 13, 2025
AXIS Capital Holdings Limited has announced the appointment of Erik Rasmussen as Head of US Healthcare Reinsurance.
World Bank Group report urges reforms for job creation and growth in the Philippines
By Globe Banner | Oct 13, 2025
The World Bank Group has released its first Growth and Jobs Report (GJR) for the Philippines, aiming to address the country’s slow economic growth and persistent employment challenges.
ANZ outlines new two-phase growth strategy targeting improved returns by 2030
By Globe Banner | Oct 13, 2025
Farhan Faruqui, Chief Financial Officer of Australia and New Zealand Banking Group (ANZ), discussed the bank's new ANZ 2030 strategy in an interview with Alicia Muling, Senior Writer at bluenotes.
Warburg Pincus launches takeover bid for process control software firm PSI
By Globe Banner | Oct 13, 2025
Warburg Pincus has announced a voluntary public takeover offer for PSI Software SE, proposing to acquire all outstanding shares at EUR 45.00 per share in cash.
World Bank highlights job creation as key strategy for ending poverty in Africa
By Globe Banner | Oct 13, 2025
On End Poverty Day, the World Bank Group highlighted its ongoing efforts to address poverty in Eastern and Southern Africa by focusing on job creation and expanding economic opportunities.
Fubon Financial Holdings reports record profits across subsidiaries for September
By Globe Banner | Oct 13, 2025
Fubon Financial Holdings announced its unaudited earnings results for September 2025, reporting a consolidated pre-tax profit of NT$20.50 billion and a net profit of NT$17.44 billion for the month.
UOB partners with DBS and ABC Impact on $110M sustainability-linked loan
By Globe Banner | Oct 13, 2025
ABC Impact, an impact investment firm supported by Temasek, has partnered with DBS and United Overseas Bank (UOB) to launch a sustainability-linked subscription loan facility.
FSB Chair warns incomplete reform leaves global financial system exposed
By Globe Banner | Oct 13, 2025
Incomplete implementation of financial reforms continues to expose the global financial system to potential shocks, according to Andrew Bailey, Chair of the Financial Stability Board (FSB).
World Bank urges action as climate change threatens Thailand’s economic progress
By Globe Banner | Oct 12, 2025
Thailand faces significant economic and social risks from climate change, according to a new Country Climate and Development Report.
Malaysia’s push for GovTech requires reforms in platforms, policies, people & participation
By Globe Banner | Oct 12, 2025
Digital transformation is increasingly central to the modernization of governments, with the aim of making public services more efficient and accessible.
Investors show rising interest in Germany’s security and defence sector
By Globe Banner | Oct 12, 2025
A recent survey by KfW Research and the German Private Equity and Venture Capital Association indicates that 30 percent of investors in Germany have already invested in companies within the security and defence sector.
Sarawak signs agreement with World Bank to reform state-owned enterprise governance
By Globe Banner | Oct 12, 2025
Sarawak has entered into a three-year agreement with the World Bank and Malaysia’s Federal Government to improve governance in State-Owned Enterprises (SOEs) and public financial management.
Siemens eMobility launches SICHARGE Flex EV charger for megawatt applications
By Globe Banner | Oct 11, 2025
Siemens eMobility has introduced SICHARGE Flex, a new electric vehicle (EV) charging system designed for the megawatt era.
UOB Heartbeat Run raises S$3.1 million for charities across Asia
By Globe Banner | Oct 11, 2025
About 24,000 participants joined the annual UOB Heartbeat Run across several Asian markets, raising S$3.1 million for children and families supported by 25 charities worldwide.
FSB advises authorities on improving AI risk monitoring in finance
By Globe Banner | Oct 10, 2025
The Financial Stability Board (FSB) has released a report offering guidance to authorities on monitoring the adoption of artificial intelligence (AI) in the financial sector.
World Bank publishes five-volume report on desalination governance and economics
By Globe Banner | Oct 10, 2025
The World Bank has released a new report addressing the growing issue of water scarcity, which is being made worse by factors such as increasing population, changing rainfall patterns, and heightened water stress.
World Bank launches incentive framework supporting cross-border solutions for global challenges
By Globe Banner | Oct 10, 2025
The World Bank introduced its Framework for Financial Incentives (FFI) in February 2025, offering middle-income countries benefits such as increased financing, extended repayment terms, and reduced interest rates for projects that generate...
Siemens and Envalior partner on sustainable SIRIUS 3RQ4 coupling relay
By Globe Banner | Oct 10, 2025
Siemens and Envalior have announced a collaboration aimed at producing more sustainable electrical products.
Group of major banks explores reserve-backed digital money for G7 currencies
By Globe Banner | Oct 10, 2025
A consortium of major international banks is examining the possibility of issuing a digital form of money that would be fully backed by reserves and pegged one-to-one with G7 currencies.