Finance & Economics - page 8

Global Growth Expected to Hold at 3.3% in 2026, IMF Says, but Risks Remain
News

Global Growth Expected to Hold at 3.3% in 2026, IMF Says, but Risks Remain

Global economic growth is projected to remain resilient at 3.3% in 2026, according to the International Monetary Fund’s latest World Economic Outlook. The forecast is slightly higher than the 3.1% growth predicted in October 2025, suggesting that the global economy has absorbed recent shocks better than expected.

Oversight Unveils AI-Powered Vendor Statement Reconciliation to Cut Manual Finance Work
News

Oversight Unveils AI-Powered Vendor Statement Reconciliation to Cut Manual Finance Work

New feature expands Oversight’s AI spend monitoring suite by automating a core reconciliation task for large enterprises and eliminating manual work on mismatched vendor statement records.

Oxfam: Billionaire Wealth Growth Outpaces Progress on Global Hunger
News

Oxfam: Billionaire Wealth Growth Outpaces Progress on Global Hunger

Billionaire wealth hits record $18.3T while one in four people on Earth still lacks enough basic food resources.

HSBC Forecasts Slower Asia GDP Growth in 2026 as Export Demand and AI Risks Weigh
News

HSBC Forecasts Slower Asia GDP Growth in 2026 as Export Demand and AI Risks Weigh

HSBC’s latest regional economic forecast projects that GDP growth in the Asia ex-Japan region will moderate to around 4.5% in 2026, down from an estimated 4.9% expansion in 2025, with slower activity anticipated across several major economies. This outlook reflects concerns about weakening export demand and uncertainties around the contribution of artificial intelligence (AI)-related investment […]

Open Banking Excellence Launches Ignite Advisory Service to Support Open Finance Implementation
News

Open Banking Excellence Launches Ignite Advisory Service to Support Open Finance Implementation

Open Banking Excellence, an industry organisation focused on open banking and open finance, has launched Ignite, a new expert-led advisory service aimed at supporting banks, governments, and regulators as they design, implement, and scale open finance initiatives.

Hidden Ownership Links Drive One-Third of Sanctions-Linked Securities, LSEG Data Reveals
News

Hidden Ownership Links Drive One-Third of Sanctions-Linked Securities, LSEG Data Reveals

A new dataset from LSEG Risk Intelligence highlights how ownership and control relationships are a major source of hidden sanctions exposure across global securities markets.

How Bank of America and Wells Fargo Benefit from Banking Sector Tailwinds in Early 2026
Articles

How Bank of America and Wells Fargo Benefit from Banking Sector Tailwinds in Early 2026

Bank of America and Wells Fargo, two of the largest U.S. banking institutions, have reported significant growth in earnings driven in part by broader industry and economic tailwinds that have supported financial performance through late 2025 and into 2026.

Scottish Africa Business Association Publishes 2025 Annual Report
News

Scottish Africa Business Association Publishes 2025 Annual Report

The Scottish Africa Business Association (SABA) has published its Annual Report for 2025, outlining a year of organisational growth, increased member engagement, and expanded activity across Scotland, London, and several African markets. The report highlights SABA’s work in supporting market access, advisory services, trade missions, and stakeholder engagement.

Student Lending in 2026: Navigating Origination Complexity and Disclosure Accuracy
Articles

Student Lending in 2026: Navigating Origination Complexity and Disclosure Accuracy

As 2025 has ended with millions of students completing a fall semester shaped by ongoing economic uncertainty, student lenders are preparing for a 2026 environment defined less by sweeping new rules and more by increasing focus around technical accuracy at origination. Regulators continue to focus on whether lenders are translating the unique structures of student […]

OPEC Fund Strengthens Partnership With African Development Bank Group During Official Mission to Côte d’Ivoire
News

OPEC Fund Strengthens Partnership With African Development Bank Group During Official Mission to Côte d’Ivoire

The OPEC Fund and the AfDB have partnered for nearly five decades, supporting some 120 projects across energy, transport, agriculture, water, health, education and financial sectors with US$1.5 billion in co-financing

While Experts Debate Whether Trump Credit Interest Cap Is Constitutional, Bank Shares Decline
News

While Experts Debate Whether Trump Credit Interest Cap Is Constitutional, Bank Shares Decline

President Trump’s plan to cap the credit card interest at 10% for a one-year term has raised fervent discussions among financial industry experts and negatively affected the share price of major U.S. banks and credit card firms.

Cash Serves as a Welcome Alternative to Digital Payment Fatigue
Articles

Cash Serves as a Welcome Alternative to Digital Payment Fatigue

For years, cash was widely viewed as a declining payment method, steadily displaced by cards, mobile wallets, and account-to-account transfers. Yet recent data suggests the narrative is shifting.

Financial Habits Shaping Modern Consumers
Articles

Financial Habits Shaping Modern Consumers

It’s no secret that a growing number of people are rethinking their relationship with money. Some set aside part of their salary, others look for ways to cut everyday expenses, and some try their hand at investing. This is a response to reality: rising prices, economic changes, and a desire to feel grounded and secure. […]

Libya Energy Summit 2026 Secures Top Legal and Advisory Leaders as Country Pursues New Hydrocarbon Growth
News

Libya Energy Summit 2026 Secures Top Legal and Advisory Leaders as Country Pursues New Hydrocarbon Growth

Libya’s drive to modernize its oil and gas sector and attract fresh international investment is taking center stage at the Libya Energy & Economic Summit (LEES) 2026, which has confirmed the participation of senior legal, advisory and energy-sector figures.

Hong Kong IPOs Set For a New Record to Surpass $40 Billion in 2026
News

Hong Kong IPOs Set For a New Record to Surpass $40 Billion in 2026

After regaining its ground as the world’s top IPO market, Hong Kong is readying to set new records, with $40 billion deal volume forecast for 2026 by PwC.

Seekr and Stephano Slack AI Partnership Set to Transform Financial Auditing and Advisory Services
News

Seekr and Stephano Slack AI Partnership Set to Transform Financial Auditing and Advisory Services

Seekr and Stephano Slack have announced a strategic collaboration to bring artificial intelligence (AI) into financial auditing and advisory workflows, dramatically speeding up processes and improving accuracy for firms across the middle market.

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