Beijing has put boosting consumption as the top priority this year as they try to cushion the impact of the Trump administration’s tariffs on its trade sector. China’s first-quarter economic growth outstripped expectations, underpinned by solid consumption and industrial output,...
The Net Zero Banking Alliance (NZBA) has scrapped a requirement for members to align their lending portfolios with a target of keeping global warming to 1.5°C, instead deciding to allow a wider range of pathways to achieving net-zero in...
Regulation addresses liquidity, stability risks revealed by pandemic. European securities regulators have issued new guidance and standards for fund managers on the use of liquidity management tools — a key response to the stability risks that were exposed by the...
Downgrades outnumber upgrades in Q1, reversing prior quarter’s trend. The trend in corporate credit ratings was modestly negative in the first quarter and the balance of rating outlooks is negative too, according to Fitch Ratings. In a new report, the rating...
Patagonia Gold said it has secured an investment of $40 million to support the development of its flagship Calcatreu project in Rio Negro, Argentina. According to the Canadian gold junior, the investment is being led by Argentine businessman Carlos J....
Regulator opens first foreign outposts to help firms navigate U.K. regime. As part of its strategy to drive growth in its financial industry and attract more foreign players, the U.K.’s Financial Conduct Authority (FCA) is establishing new footholds in the...
The project financing facility will support the construction and operations of two projects in Texas. Sunraycer Renewables, a developer, owner, and operator of clean energy power sites, secured a $475 million project financing facility from MUFG Bank, Nomura Securities International,...
They amassed $10.3b in funding across 777 deals made. Financial technology (Fintech) companies captured the highest level of quarterly funding in two years in the first three months of 2025, according to data from CB Insights. Fintech companies amassed $10.3b in...
Having just one committee to oversee all gen AI applications is not a good fit. Financial institutions are called to update their AI governance frameworks to account for the increased complexity and greater points of exposure related to generative AI,...
Euro zone banks curbed firms' access to credit last quarter and expect to keep tightening credit standards due to increasing concerns about the economic outlook, the European Central Bank's lending survey showed on Tuesday. Lending growth has been on...
