Global trade reached a record high of $33 trillion in 2024, marking a 3.7 percent increase from the previous year, driven by an uptick in the services sector. According to the latest Global Trade Update from the UN Conference on...
Qatar has retained its AA credit rating from Fitch Ratings, with a stable outlook, supported by the country’s expanding liquefied natural gas production capacity and high per capita income. The US-based agency highlighted Qatar’s strong fiscal position, citing one of...
GDP forecasts for U.S., world drop, inflation to rise, thanks to trade war. The outlook for global growth is dimming thanks to the trade war launched by the U.S., which will weigh on its economy, and the rest of the...
The U.S.-European tariff conflict is jeopardising transatlantic business worth $9.5 trillion annually, the American Chamber of Commerce to the EU warned on Monday. AmCham EU, whose more than 160 members include Apple, ExxonMobil and Visa, showed in its annual Transatlantic...
Investment managers are set to increase their budgets for alternative data in 2025, building on growth over the past two years, according to research. The research by investment analytics platform Exabel and alternatives data provider BattleFin has highlighted a shift...
Singapore’s money-market rates have dropped as traders shrug off the central bank’s first monetary policy shift in five years. The Singapore Overnight Rate Average (SORA), the de facto standard for the city’s loan products, fell to 2.08% this week, the...
The World Trade Organization (WTO) has warned that uncertainty over tariffs and trade restrictions threatens to undermine recent growth in global goods trade. Merchandise trade grew through the first three quarters of 2024, after a year-long slump during the...
BNP Paribas BP, opens new tab, the Polish unit of lender BNP Paribas, opens new tab, posted a higher-than-expected jump in its full-year net profit on Thursday, supported by excess banking sector liquidity and persistently high interest rates. The lender...
Estonia-based renewable energy developer Sunly has secured EUR 62 million in loans to build and operate the 244-MWp Risti solar park at home which is expected to be the biggest photovoltaic (PV) site in the Baltics. The European Investment Bank...
German solar developer Enerparc AG has obtained EUR 266 million in financing with the support of Stuttgard-based lender LBBW for the construction of a 400-MWp pipeline of ground-mounted solar projects at home. The financing package comprises EUR 216 million in...
