Thailand's central bank left its key interest rate unchanged on Wednesday as widely expected, but said global factors would need to be monitored closely in setting monetary policy with heightened uncertainty ahead. The Bank of Thailand's monetary policy committee voted...
Belgian energy director Bnewable, founded in 2022 and specialized in battery systems and energy management for companies, announces a commitment of 40 million euros in fresh growth capital from its existing investors. This new financing will be used to accelerate...
Japanese tech investment firm SoftBank will reportedly invest $100 billion in the United States over the next four years. SoftBank CEO Masayoshi Son announced the investment at President-elect Donald Trump’s Mar-a-Logo residence in Florida and said the money will be...
BOC leverages the opening-up of Chinese capital markets to grow into a more internationalized and multifunctional bank. Considered as the most globalized Chinese bank, Bank of China (BOC) provides a wide range of financial services for clients across onshore and...
Rise in debt led by refinancing activity among higher-rated companies. Total U.S. corporate borrowing hit a new record in the third quarter, according to new data from S&P Global Market Intelligence. The rating agency reported that the total debt load for...
Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers. The deal marks a significant milestone in the growing number of global banks that are choosing to power their cross-border payments through...
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new report by International Energy...
United Trust Bank has secured an investment from private equity firm Warburg Pincus, which will take a minority stake in the lender. Subject to regulatory approval, the agreement will help to fund UTB’s expansion and allow it to branch into...
The loan, on a non-recourse basis, will be used for the construction, operation and maintenance of two 4.99 MW Battery Energy Storage System ("BESS") projects to be located in Ontario, with project names SFF 06 and 903 respectively. The...
Daikin Industries Indonesia (DIID) has completed its first full-scale air conditioner (AC) factory in Cikarang, West Java, Indonesia. The 20-hectare facility was built with an investment of Rp 3.3 trillion ($206 million). The investments were raised with the assistance of...
