Banks hold $1.52t in assets overseas. Domestically licensed banks in Japan have $9.15t (JPY1,447t) in total assets as of the end of November 2024, according to preliminary data from the Bank of Japan (BOJ) released in January 2025. Deposits held by...
Dispatch Energy, LLC ("Dispatch Energy"), a new provider of distributed energy solutions led by the sector's experienced team, today announced it has closed on capital commitments in excess of $209 million. The funding provided to Dispatch is a combination...
India’s a bright spot in the global economy with a 6.6% growth forecast for this year. The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025, the United Nations. In...
Benchmark policy rate reduced to range of 4.25%-4.50%. The US Federal Reserve on Wednesday cut the benchmark policy rate by 25 basis points to the range of 4.25%-4.50%, as widely expected. A total of 11 members of the Federal Open Market...
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the US Federal Reserve. Major Hong Kong banks followed with reductions,...
As many as three members voted for a 25 bps cut to the rate, now at 4.75%. The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even...
South Asian country continues efforts to revive sluggish economy. Pakistan’s central bank cut its key policy rate by 200 basis points to 13%, it said in a statement, for a fifth straight reduction since June as the country keeps up...
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...
