Ninety countries join e-commerce initiative – Industry roundup: 30 July
by Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
The Middle East Africa region has some of the poorest countries as well as some of the richest. In many countries, the development of the banking infrastructure is underway and basic payment…
Read moreby Graham Buck
Three rate decisions awaited; Russia hikes rates to 18%; Supply chain shortage dents Porsche; Slovenia first EU nation to issue sovereign digital bond
by Graham Buck
JCI-Hitachi in US$8.1bn JV sale to Bosch; BofE changes tack on liquidity management; Hungary cuts key interest rates; Revolut wins UK banking licence
by Graham Buck
Pakistan wins U5$7 billion IMF loan; KPMG launches Clear on Climate Reporting; World Bank helps Pacific islands; La Niña threat to EM bonds
by Graham Buck
UK launches £7.3bn Wealth Fund; Aramco resumes USD-denominated bonds; Banks enjoyed record profits in 2023; HSBC to reshape investment banking
by Graham Buck
French election “ends pro-business agendaʺ; South Africa to change ETF payments; RBI joins Project Nexus; Ireland's tax windfall continues
by Graham Buck
EIB funds North Sea wind farm; MSCI and Moody’s form ESG partnership; New facility to boost Africa trade; SMBC Aviation Capital raises US$1.5 billion
by Graham Buck
IFRS and IFC partner on sustainability; China’s PBOC plans to borrow bonds; BlackRock pays US$3.22bn for Preqin; Greece introduces six-day workweek
by Graham Buck
UK inflation hits 2% target; Fitch predicts 7.2% growth for India; IMF assesses Middle East CBDCs; Sustainable food supply chains project
by Graham Buck
BNY Mellon rebrands; Canada, ADB launch C$360m climate fund; Yale team focuses on improving supply chains; Moody's warns on Pakistan's debt
by Graham Buck
Saudi Arabia joins Project mBridge; Help planned for US small businesses; Apple joins forces with OpenAI; Shangri-La Asia issues first panda bond
by Graham Buck
Challenges for Mexico's new leader; Turkey's economic growth strong; US$4bn platform for emerging markets; Malaysia invests US$100bn in semiconductors
by Graham Buck
ABN Amro acquires German bank; Global debt “has risen to US$315 trillion”; N26 blames regulator for lost growth; IFS-PwC UK sustainability venture
by Graham Buck
US aims for rare earths self sufficiency; Boeing’s cash flow situation worsens; South Africa’s ‘Big Four’ banks target China; German economy rallies
by Graham Buck
BNP Paribas steps up decarbonisation drive; Yellen urges tougher Russia sanctions; World Bank first with CHF digital bond; Qatar US$2.5bn green bond
by Graham Buck
China tariffs threat to EU wine exports; Microsoft tells suppliers to go green; Japan investors await rate hikes; SocGen invests in energy transition
by Graham Buck
Japan's economy shrank in Q1; Klarna's staff embrace AI; EU issues anti-greenwash guidelines; Reshaping of global supply chains accelerates
by Graham Buck
China to launch bond sale Friday; BBVA bid for Sabadell turns hostile; UAE and Indonesia strengthen trade relations; AI to combat supply chain fraud
by Graham Buck
South Africa's post-election prospects; Global debt load at record US$315 trillion; CEOs prioritise sustainability; Argentina adds 10,000 peso notes
by Graham Buck
Australia holds interest rate at 4.35%; Markets primed for June rate cut from ECB; Japan bids to host ADB summit 2027; Saudi Arabia and UAE compete
by Graham Buck
Efama backs capital markets union; IMF raises Asia growth forecast; Shell plans US$3.5bn share buyback; Instant payments market set to boom
by Graham Buck
No change from Bank of Japan; South Korea's growth accelerates; Indonesia rate hike wrongfoots analysts; Ecuador looks at more debt-for-nature swaps
by Graham Buck
Nestlé faces activist investors; RWE issues first US dollar green bond; Israel to launch CBDC sandbox; Thames Water revamps survival plan
by Graham Buck
IMF stymies Ghana debt deal; Bank of Israel chief on outlook; Report predicts continued ESG progress in Europe; Global supply chains "still fragile"
by Graham Buck
CHIPS migrates to ISO 20022 messaging; IMF sees productivity crimping growth; Fitch's China downgrade riles Beijing; Pension fund giants partner