Latest News
World Bank launches $40M project to improve clean water access in Sierra Leone
By Globe Banner | Oct 3, 2025
The World Bank has approved a new initiative aimed at improving water security and sanitation in Sierra Leone.
World Bank reports moderate economic recovery in Central African Republic
By Globe Banner | Oct 3, 2025
After a period of weak economic growth, the Central African Republic is showing signs of moderate recovery, with growth estimated at 1.5% for 2024, according to a recent report from the World Bank.
World Bank approves $500 million for Indonesian electricity network modernization
By Globe Banner | Oct 3, 2025
The World Bank has approved a $500 million program to support Indonesia's efforts to modernize its electricity distribution system in Java, Madura, and Bali.
Research reveals barriers limiting Mozambican girls' educational dreams
By Globe Banner | Oct 3, 2025
A new research note titled "A Girl Can Dream: Analyzing Aspirations, Gender Norms, and Influencers Among Girls and Women in Mozambique" examines the ambitions and obstacles faced by adolescent girls and young women in Mozambique.
Federal Reserve lowers Morgan Stanley’s stress capital buffer after review
By Globe Banner | Oct 3, 2025
The Federal Reserve has announced a reduction in Morgan Stanley’s Stress Capital Buffer (SCB) from 5.1% to 4.3%.
Demographic shifts impact global economy amid evolving investor risk considerations
By Globe Banner | Oct 3, 2025
A demographic shift is taking place in the global economy, with millennials and Generation Z gaining economic influence through their preferences for technology, sustainability, and new consumption habits.
Yuanta Securities hosts Family Day events focused on sustainability across three cities
By Globe Banner | Oct 3, 2025
Yuanta Securities recently organized its 2025 Employee Family Day events at three locations in Taiwan: the Kaohsiung National Science and Technology Museum, the Taichung National Museum of Natural Science, and the Taipei Children’s Amusement Park.
Climate-smart investments could help Thailand offset economic risks from climate change
By Globe Banner | Oct 3, 2025
Thailand could see its economy shrink by up to 14 percent by 2050 due to climate-related risks such as floods, heat stress, water shortages, and coastal erosion if it does not implement new adaptation measures, according to a new World Bank report.
Siemens Mobility invests €22 million in Bavarian battery system plant for rail decarbonization
By Globe Banner | Oct 3, 2025
Siemens Mobility has announced plans to establish a new battery system production facility in Luhe-Wildenau, Bavaria.
Australian consumer confidence declines amid concerns about economic outlook
By Globe Banner | Oct 3, 2025
Consumer confidence in Australia declined last week, with the ANZ-Roy Morgan Australian Consumer Confidence index falling by 1.3 points to 84.6.
Sun Life report links worsening employee health to extreme weather events
By Globe Banner | Oct 3, 2025
A recent report from Sun Life highlights the growing impact of extreme weather and climate change on Canadians' physical and mental health, particularly among employees with chronic conditions.
HCMA executives discuss growth of casualty sidecars in insurance-linked securities market
By Globe Banner | Oct 3, 2025
Mitchell Rosenberg, Co-Head of Insurance-Linked Securities (ILS) at Howden Capital Markets & Advisory (HCMA), and Bill Cooper, Managing Director at HCMA, were featured in the Intelligent Insurer’s Monte Carlo Today article titled ‘Sidecars shift...
Howden executive highlights insurance-linked securities' growing role in risk transfer
By Globe Banner | Oct 3, 2025
Philipp Kusche, Chairman of HCMA Europe and Global Co-Head of ILS at Howden Capital Markets and Advisory, discussed the evolving role of insurance-linked securities (ILS) in the (re)insurance industry during an interview with The Insurer at the...
Howden Re executive discusses buyer-reinsurer collaboration and market outlook
By Globe Banner | Oct 3, 2025
Sebastian Cook, Deputy CEO of Howden Re International, appeared as a guest on The Reinsurance Podcast by Supercede to discuss current trends and priorities in the reinsurance sector.
Super Typhoon Ragasa tests disaster preparedness across Asia
By Globe Banner | Oct 3, 2025
Super Typhoon Ragasa, the strongest storm of the 2025 season, has caused significant disruption in Taiwan and is moving toward Hong Kong and southern China.
Siemens and Merck expand partnership focusing on AI-driven drug development
By Globe Banner | Oct 3, 2025
Siemens and Merck have announced an extension of their strategic partnership aimed at advancing the use of artificial intelligence and data-driven solutions in drug discovery and development.
Morgan Stanley highlights need for active portfolio management amid shifting fixed income environment
By Globe Banner | Oct 3, 2025
Following a period of relative calm in the markets over the summer, Morgan Stanley Investment Management has suggested that current conditions may warrant more active portfolio management.
Vietnam shifts focus towards private sector amid trade challenges
By Globe Banner | Oct 3, 2025
Vietnam is responding to tariffs imposed by its largest trading partner by shifting focus toward the private sector to drive economic growth.
Sun Life Global Investments launches first ETF series on fixed income funds
By Globe Banner | Oct 3, 2025
SLGI Asset Management Inc., operating as Sun Life Global Investments, has introduced its first exchange-traded fund (ETF) series for three of its active fixed income funds.
Everest Reinsurance opens new office in India’s GIFT City
By Globe Banner | Oct 3, 2025
Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the opening of a new office in Gujarat International Finance Tec-City (GIFT City), India.