Current-dollar personal income up to $315.7B in Q2, says official US figures. The world's largest economy, the US, expanded by 3% in the second quarter of 2024, according to the Bureau of Economic Analysis' third reading. Compared to the first quarter,...
The Luxembourg private debt fund market has reached a significant milestone, with assets under management (AuM) surpassing €500 billion, according to the 2024 KPMG Private Debt Fund Survey commissioned by the Association of the Luxembourg Fund Industry (Alfi). The survey...
It keeps its regional crown for the South-east Asia, East Asia and Oceania category. Singapore has risen to fourth place globally in this year’s Global Innovation Index (GII), retaining its top spot in the regional South-east Asia, East Asia and...
EU ETS is the world’s first carbon emissions trading scheme. DBS has unveiled a suite of financing and hedging solutions, aimed at helping companies manage their climate obligations under the European Union Emissions Trading System (EU ETS). The solutions reportedly enable...
The Swiss National Bank reduced interest rates by 25 basis points, echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools...
Automotive and semiconductor sectors received most public support, new report finds. The value of incentives to foreign direct investment (FDI) projects reached new highs in 2023, as governments around the world put billions of dollars on the table to secure...
Investing IDR 16 Trillion(USD 1.056 Bi), Inalum-Antam's Smelter Grade Alumina Refinery Officially Injects First Injection. The Smelter Grade Alumina Refinery (SGAR) Mempawah Phase I project in West Kalimantan officially carried out its first injection of bauxite. The President of the Republic...
Reinvested earnings now contribute more to FDI financial flows to the US. Reinvested earnings have become a more prominent source of FDI into the US as the country’s economic growth shores up rates of return while the cost of new...
American Rare Earths (“ARR” or the “Company”) is pleased to announce that its 100% owned subsidiary, Wyoming Rare (USA) Inc. (“WRI”), has received a non-binding Letter of Interest from the Export-Import Bank of the United States (“EXIM”) to provide...
Sweden’s Riksbank cut borrowing costs by a quarter point and raised the possibility of a bigger move in coming months in its bid to spur a listless economy. The central bank reduced its interest rate to 3.25 per cent, and...
