In a move that reflects the global shift toward smarter and more seamless financial solutions, Cobre, a leading provider of B2B payment solutions in Latin America, has announced a strategic partnership with TerraPay, a global leader in enabling cross-border money movement. The partnership aims to empower businesses to execute international transactions faster and more efficiently while reducing the traditional operational complexities associated with cross-border payments.
Over the past decade, the global banking industry has undergone a profound transformation driven by the rise o
In a move reflecting confidence in the strength of the European banking sector, Nordea Bank announced on Thursday that the European Central Bank ECB has approved its new share buyback plan worth 250 million, as part of the banks strategy to maintain a flexible capital structure and enhance shareholder returns.
Goldman Sachs posted record revenue in the third quarter amid a rebound in deal-making activity that pushed investment banking fees above expectations.
In its latest meeting minutes released on Tuesday, the Reserve Bank of Australia RBA stated that there was no immediate need to cut interest rates during its September meeting. The bank noted that inflationary pressures in the services sector remain persistent, while employment levels are stable. It also emphasized that any future monetary easing would depend on the evolution of key economic data.
The International Monetary Fund IMF, through its Managing Director Kristalina Georgieva, has called on the Group of Twenty G20 major economies to intensify efforts to address the rising global debt crisis that continues to weigh heavily on developing economies.
The European Bank for Reconstruction and Development EBRD has raised its economic growth forecast for this year to 3.1%, marking the first upward revision in more than a year. However, the Bank cautioned that rising tariffs and ongoing geopolitical conflicts could weigh on growth prospects in 2026.
QNB Singapore is pleased to announce its successful participation as a Gold Sponsor at the recently concluded GTR Asia 2025 event held in Singapore. This years gathering proved to be a remarkable platform for trade and finance professionals, featuring engaging formats that maximized audience participation and dialogue.
During the second quarter of the year, the Japanese economy delivered a stronger performance than anticipated, with gross domestic product GDP expanding by 0.5% compared to the previous quarter. This growth reflects an improvement in overall economic activity, after earlier estimates had pointed to a rate of no more than 0.3%, the same pace recorded in the first quarter.
Gold prices hovered close to record territory on Monday, supported by mounting expectations that the U.S. Federal Reserve will cut interest rates this month, following weaker-than-expected labor market data.
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