Latest News
Sun Life appoints Benjamin Deng as president for Asian asset management
By Globe Banner | Dec 17, 2024
Sun Life has announced the appointment of Benjamin Deng as President of Asia Asset Management, effective January 1.
World Bank urges Serbia to invest in climate resilience for economic growth
By Globe Banner | Dec 17, 2024
Serbia can bolster its economic growth and generate employment by investing in climate change resilience and decarbonization, according to a report released today by the World Bank Group.
World Bank backs project for digital growth and skill enhancement in Tajikistan
By Globe Banner | Dec 17, 2024
The World Bank has approved a new project aimed at enhancing digital services and improving digital skills in Tajikistan, with a focus on rural areas.
Non-bank financial intermediation sees robust growth outpacing banking sector
By Globe Banner | Dec 16, 2024
The Financial Stability Board (FSB) has released its annual Global Monitoring Report on Non-Bank Financial Intermediation (NBFI), highlighting significant growth in the sector for 2023.
KfW IPEX-Bank joins banking club to finance Finland's energy transition
By Globe Banner | Dec 16, 2024
A banking consortium, comprising KfW IPEX-Bank, Skandinaviska Enskilda Banken AB (SEB), and Hamburg Commercial Bank (HCOB), has committed over EUR 100 million to Auris Energia.
Integration of migrants boosts economy on International Migrants Day
By Globe Banner | Dec 16, 2024
The integration of migrants, refugees, and returnees is increasingly seen as a key factor in improving well-being and economic growth.
World Bank reports robust economic growth prospects for Indonesia
By Globe Banner | Dec 16, 2024
Indonesia is on track to achieve a 5 percent growth rate this year, according to the latest Indonesia Economic Prospects report.
QBE Ventures partners with startups for global expansion in cybersecurity
By Globe Banner | Dec 16, 2024
QBE Ventures, the corporate venture capital arm of QBE Insurance Group, is advancing its global cyber insurance efforts through strategic partnerships with cyber-tech startups.
Yuanta-FJCU education project wins MOE gold award for third year
By Globe Banner | Dec 16, 2024
Yuanta Financial Holding Company and the Yuanta Cultural and Educational Foundation have long been involved in educational initiatives in remote areas.
Yuanta FHC achieves top rank in diversified financials for sustainability
By Globe Banner | Dec 16, 2024
The Dow Jones Sustainability Indices (DJSI), recognized globally for their credibility, were announced on December 16, Taipei time.
World Bank report emphasizes role of trust funds in global development
By Globe Banner | Dec 16, 2024
The 2024 Trust Funds Annual Report highlights the role of trust funds and financial intermediary funds (FIFs) in addressing global development challenges.
International Development Association secures record $100B funding for poorest nations
By Globe Banner | Dec 16, 2024
The International Development Association (IDA) has announced a historic $100 billion funding round to support the world's poorest countries.
U.S. leads global productivity growth amid innovation and AI advancements
By Globe Banner | Dec 14, 2024
In recent years, the United States has experienced a notable increase in labor productivity, outpacing other major advanced economies.
World Bank suggests reforms for sustainable economic growth in Cambodia
By Globe Banner | Dec 13, 2024
Economic activity in Cambodia remained stable throughout 2024, with a notable revival in exports driven by external demand.
Korea partners with World Bank to establish Digital Knowledge Center
By Globe Banner | Dec 13, 2024
The Republic of Korea's journey from a low-income to a high-income nation serves as an example of how digital innovation can drive economic growth.
Gap Fund supports green home design in Indonesia amid dual challenges
By Globe Banner | Dec 13, 2024
Indonesia is grappling with a housing crisis and rising urban emissions as its urban population is projected to reach 67% by 2035.
World Bank approves funding for Nigerian rural road improvement project
By Globe Banner | Dec 13, 2024
The World Bank has approved $500 million in concessional financing for the Rural Access Agricultural Marketing Project-Scale Up (RAAMP-SU) in Nigeria.
World Bank addresses rising food costs impacting child nutrition in Laos
By Globe Banner | Dec 13, 2024
High food prices in Laos are exacerbating child malnutrition, according to two policy notes released by the World Bank.
Barclays relocates Mumbai offices to Raheja Altimus for strategic growth
By Globe Banner | Dec 13, 2024
Barclays Bank PLC has announced the relocation of its Corporate and Investment Banking businesses in Mumbai to Raheja Altimus at Worli.
World Bank approves $80M funding for Sierra Leone's economic stability
By Globe Banner | Dec 13, 2024
The World Bank has approved an $80 million financing package to assist Sierra Leone in restoring macro-fiscal stability and enhancing economic resilience.