The United Kingdom, the United States and the EU intend to sign the first international agreement on the use of artificial intelligence (AI), which will be legally binding. According to her, we are talking about a document of the Council...
The market’s “superb” results reflected “a combination of disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet”. Commercial insurance market Lloyd’s of London on Thursday (Sep 5) reported a 26 per cent jump in first-half pre-tax...
The International Chamber of Commerce’s (ICC) Digital Standards Initiative (DSI) for trade documents has come a long way since its founding in 2020. In April it published a document that outlined no less than 36 different trade documents and...
It says significant growth is expected in the Asia-Pacific region. Global family offices are booming, with significant growth in North America and the Asia-Pacific (Apac) region expected in the next six years. Total estimated family wealth stands at US$5.5 trillion currently,...
Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation. Set for deployment this month, the technology will use optical character recognition machine learning, and natural...
Enfinity Global Inc. the leader in renewable energy, announced today the completion of a 500 million euro funding that, combined with project funding, will finance the development and construction of 1.5 GW solar power plants in Italy. Funding was...
Banks in Singapore have the most detailed and ambitious decarbonisation policies among advanced economies in Asia, according to a recent report by sustainability-focused consulting company Asia Research and Engagement (ARE). The report by ARE assessed the climate goals of nine...
Musim Mas is proud to announce its first sustainability-related credit line, which is an important step in its pursuit of sustainable business. In collaboration with Rabobank as Sustainability Coordinator and HSBC as another lender, the marketing arm of Musim...
As asset managers adapt to rising investor demand for alternative assets, Bain & Company predicts that private market investments will see substantial growth, with assets expected to hit $65trn by 2032. Private market assets under management are expected to grow...
For some time, certain critics have fixated on the isolated statistic of a "decline in foreign direct investment (FDI)" to undermine confidence in the Chinese economy. The reality is that FDI in China is optimizing and upgrading. It's misleading not...
