Europe invested EUR9 billion in new wind projects during the first half. Europe is heading toward what could become a record year for wind power deployment after new installations jumped 30 percent in the first half of 2026, driven by...
The Bank of England (BoE) has reportedly been told by the UK government that it must do more to support the development and adoption of digital assets. According to a report from the Financial Times, UK government ministers have issued...
TD announced it’s moved real USD funds between two domestic US entities for the first time using the Project Agorá platform. The test case involved executing a tokenized payment between TD New York Branch (TD Securities LLC) and TD...
India’s economy expanded faster than expected in the April-June quarter, easing fears that the Iran war would weaken growth and underscoring the resilience of Asia’s third-largest economy. Gross domestic product grew 7.8% from a year earlier in the April-June quarter,...
The Brussels-based clearing house bought an additional 41% stake in Inversis for €221m. Brussels-based securities settlement and custody group Euroclear has increased its stake in Madrid-based investment technology and financial services provider Inversis to 90%, following the completion of a...
AI buildout helping offset energy supply headwinds, while Kristalina Georgieva warns of rising fiscal pressures. The International Monetary Fund's (IMF) managing director said on Tuesday that the global economy is faring better than expected as energy supply disruptions in the...
Perma-Pipe International Holdings has consolidated multiple financing arrangements across its international operations into a single JPMorgan-led structure, establishing US$89m of base committed facilities with capacity to request up to another US$50m. The new package comprises a US$75m revolving credit facility...
They reported profit growth of between 3% and 5% in the first half. China’s five largest banks have reported profit growth of between 3 per cent and 5 per cent in the first half, as non-performing loan ratios held steady...
Loyalty cannot be assumed, said Deloitte. Over $10t of personal wealth is expected to be transferred between generations in Asia over the next 20 to 25 years, yet local financial institutions are struggling to capture it, according to estimates by...
Core Scientific has arranged US$600m of committed senior secured bank facilities, combining a US$100m revolver with a US$500m letter-of-credit line in a structure expected to release approximately US$300m of cash currently tied up as collateral. The digital-infrastructure group announced the...
