World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.
Finance & Economics - page 48
Open Banking Expo Canada
Open Banking Expo is back with three stages of searingly-hot content on the future of consumer-driven banking following November’s Fall Statement, which outlined the introduction of an Open Banking framework in Canada in 2024.
Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Fed Fines Chinese Bank ICBC
United States regulators have reported fines of about $32.4 million against the Industrial and Commercial Bank of China.
JPMorgan Chase Says About Increase in Hacker’s Activity
JPMorgan Chase reported that over the past 12 months, there has been a daily increase in the intensity of hacker activity aimed at attempting to infiltrate the systems of this financial institution.
Chinese Prime Minister Reports on Economic Growth
Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.
Troy Renkemeyer Shares Tax Planning Strategies For Tech Startups: Navigating Unique Challenges And Maximizing Savings
The ever-evolving tech startup world is where innovation thrives, and disruption is the norm. Hence, it can be quite complex. According to Troy Renkemeyer, one aspect to pay attention to is tax planning because navigating it is daunting and can feel like a labyrinth. Understanding the unique challenges of tech startups and implementing effective tax planning […]
Goldman Sachs Strives to Attract Super-Rich
Goldman Sachs, as reported by the media, is currently intensifying its efforts aimed at expanding the scale of interaction between wealthy clients with this bank and increasing the base of rich consumers receiving the lender’s services.
Morgan Stanley to Pay $249.4 Million to Settle Block Trading Probe
Morgan Stanley has agreed to pay $249.4 million in financial liability for making false statements about block trading practices.
China’s Annual Exports Demonstrate Decline
China’s exports in 2023 showed a negative dynamic of the decline.
JPMorgan Chase Reports Q4 Earnings
JPMorgan Chase on Friday, January 12, released a profit report for the fourth quarter of 2023.
BlackRock to Buy Infrastructure Firm GIP
Investment company BlackRock Inc. will become the new owner of Global Infrastructure Partners (GIP), which was founded and is currently headed by Adebayo Ogunlesi.
US Consumer Prices Demonstrate Growth
By the end of 2023, the United States recorded an increase in consumer prices of 3.4% year-on-year.
Wiki Finance Expo Hong Kong 2024 Is Coming in May!
Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG, AI Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and digital finance events in Asia in 2024. Participation is completely free.
SVB Financial Group and Creditors Plan to Found New Company
SVB Financial Group, the former parent company of Silicon Valley Bank, was able to make progress in its bankruptcy case by reaching an agreement with the main creditors.
ECB Vice President Warns About Difficulties in European Economy
Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.
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