Germany's current energy transition strategy could cost as much as €5.4 trillion by 2049, heavily burdening businesses and households and weakening competitiveness, the German Chambers of Industry and Commerce (DIHK) said. Berlin aims to cover 80% of its electricity needs...
Standard Chartered has entered into an agreement with Envision Group to extend a syndicated bank guarantee of over USD 300 million to support the latter’s sales and supply of wind power equipment in overseas markets. This is the world’s...
The world’s richest people and their wealth managers continue to flock to the region, lured by low taxes, business-friendly regimes and year-round sunshine. Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering...
Digital trade financier Mercore and electronic trade documents provider Enigio are expanding their collaboration to deliver fully digital, secure, and legally enforceable trade documents to institutions around the world. Enigio, the technology firm behind the trace: original solution that enables...
Sallyport Commercial Finance to announce the funding of a $10,000,000 accounts receivable facility for a seasoned third-party logistics provider. Commercial Finance Partners, stayed engaged with the client for over a year, providing steady guidance through challenges with their existing bank...
Their uncertainty risks were raised to medium in April 2025. Singapore’s big three banks’ “uncertainty ratings” have been lowered to low as US tariff risks ease, according to the Morningstar Equity Analyst Note. “We now judge these risks to have eased...
Global investment in new renewable energy projects hit a record $386 billion in the first half of 2025, up 10% from the previous year, a report said. However, asset finance for utility-scale solar and onshore wind shrank by 13% compared...
Imagine shrinking Malaysia’s boldest hydrogen hub down to the size of a cargo crate. That’s exactly what SEDC Energy Sdn Bhd is betting on, as it negotiates to send solid green hydrogen from Sarawak to Singapore using the slick...
Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups, to announce the closing of a $75 million senior secured revolving credit facility for Activehours, Inc. d/b/a EarnIn ("EarnIn"), a leading earnings management company. The facility, structured...
GDP growth rate exceeds expectations in 2nd quarter. The Turkish economy has grown by 4.8% year-on-year in the second quarter of this year, exceeding expectations. Gross domestic product (GDP) at current prices soared 43.7% to 14.62 trillion Turkish liras ($377.6 billion)...
