GlobalInvestment

Investors Show Strong Interest in Ukraine Bonds Amid Reconstruction Hopes

11 days ago

In a significant development in the financial markets, Ukraine's bonds, which do not offer early payout options, have seen a marked increase in demand. This uptick can be attributed to investors betting on the long-term reconstruction of Ukraine following the ongoing conflict and devastation that has enveloped the country.

Chinese Banks Elevate Cross-Border Lending to Capitalize on High Returns

2 months ago

In a strategic pivot within the banking sector, Chinese financial institutions are significantly increasing their cross-border lending activities. This move, driven by the dual objectives of enhancing profitability and responding to the challenges posed by domestic economic conditions, highlights the evolving landscape of international finance amid global uncertainties.

Gautam Adani Eyes Major Projects in Upcoming Mindfulness City in Bhutan

2 months ago

In a significant move that marks a new chapter in his international business expansion, Gautam Adani, the Indian billionaire tycoon and founder of the Adani Group, is reportedly vying for opportunities in Bhutan’s ambitious Mindfulness City project. This initiative aims to establish a holistic and tranquil urban environment focused on health and wellness. Bhutan has positioned itself as the world leader in Gross National Happiness, and this new project aligns with its ethos, intending to promote mindfulness and a balanced lifestyle.

China Continues Support for Overseas Coal Power Projects Despite Domestic Ban

2 months ago

In a surprising revelation, China's ongoing backing of international coal power projects has come to light, despite the country's assertive commitment to clean energy and a ban on new coal-fired power plants at home. A recent report by the China Renewable Energy Association (CREA) highlights that China’s financial and technical support for coal power projects outside its borders remains robust, contradicting their stated intentions of reducing reliance on coal.

Serbia Eyes Increased Economic Confidence as S&P Bestows Investment Grade Rating

3 months ago

The economic prospect for Serbia had a significant fillip, with Standard & Poor's raising its sovereign credit rating to investment grade. In fact, this is a key turning point in the financial history of the Balkan nation. This may also raise the credibility of Serbia among international investors and could potentially pave the way for increased foreign investment and stronger economic growth.

Nigeria Poised to Approve Exxon's Sale of Oil and Gas Assets to Seplat

3 months ago

This development marks a major one in the oil and gas sector of the entire world, as Nigeria is reportedly set to give the go-ahead for a multi-billion dollar asset sale between ExxonMobil and Seplat Energy. The deal is likely to be given the thumbs-up by the Nigerian government, marking a strong notice pertaining to the changing face of the country's energy landscape.