Advanced manufacturing, connectivity and logistics will anchor the plan. Singapore’s latest budget signals a shift in economic strategy, with the government betting on artificial intelligence (AI) and industry collaboration to drive growth whilst tightening foreign workforce rules. Prime Minister Lawrence Wong...
Royal Bank of Canada has acquired Toronto-based digital mortgage qualification technology provider Pinch Financial. Terms were not disclosed. Pinch operates a platform that verifies borrower information online to help qualify Canadians for a mortgage and submit applications to lenders. Founded in...
Ashtrom Renewable Energy, a global independent power producer and renewable energy developer and subsidiary of Ashtrom Group Ltd., announced today signing of a ~$200 million financing agreement with BHI, the U.S Branch of Bank Hapoalim, B.M., for the construction...
Fears of a private credit-led crisis have been “overstated” and the growth of private credit does not pose a systemic risk to the economy, according to analysts at JP Morgan Private Bank. They observed that while private credit assets under...
Downward revision in GDP growth due to lower estimates for exports, consumer spending, government spending, investment, says Bureau of Economic Analysis The US economy has expanded by 0.7% in the last quarter of 2025, while the preliminary estimates had pointed...
Move marks latest sign of rapprochement between two Asian giants. India approved easing restrictions on Chinese investments in select sectors, the government said, to help ease a capital squeeze and marking a reset of economic ties after six years of...
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced the release of its finalized “Guidelines on Environmental Risk Management – Transition Planning,” setting out its supervisory expectations for banks, asset managers and insurance...
Biotech startup Shellworks announced that it has raised $15 million in a Series A investment round, with proceeds aimed at scaling its technology designed to produce an affordable biomass-based alternative to plastic packaging. Founded in 2019 by Insiya Jafferjee and...
Clean iron producer Electra announced that it has secured $30 million in new capital, through a venture debt facility from J.P. Morgan. Founded in 2020, Colorado-based Electra has developed a low-temperature process to electrochemically refine iron ore into 99% pure...
HSBC announced that it mobilized more than $102 billion in sustainable finance and investment in 2025, reaching a new annual record for the bank, and the first time that it has exceeded $100 billion. The results, reported within HSBC’s recently...
