Economy

2024 was the ‘hottest’ year on record, says Europe weather agency C3S

Apart from being the warmest year on record, 2024 was the first calendar year when the average global temperature exceeded 1.5°C above the pre-industrial level, the Copernicus Climate Change Service (C3S) has said. “2024 was the warmest year in global temperature records going back to 1850. … the global average temperature of 15.10°C was 0.72°C […]

Economy

IFSCA to next issue regulations on KYC registration agency: Chairman Rajaraman 

The International Financial Services Centre Authority (IFSCA) will next issue regulations for KYC Registration Agency, its Chairman K Rajaraman has said.  The GIFT City regulator had in December 2024 published a consultation paper seeking public comments on the Draft IFSCA Regulations, 2024 (IFSC KRA Regulations), which set out a framework for Know Your Customer Registration […]

GLAS Completes Acquisition of Serica Trust & Agency

Hong Kong:   Global Loan Agency Services (“GLAS”) is delighted to announce the acquisition of Serica Trust & Agency (“Serica”), the leading Hong Kong and Singapore based loan agency and trustee services provider.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250105796996/en/   GLAS […]

Economy

Sea surface temperatures likely to drop below La Nina threshold in Jan, says Australia’s weather agency

Australia’s Bureau of Meteorology (BoM) has said sea surface temperatures (SSTs) are likely to decline below the La Nina threshold in January, though SSTs will remain in El Nino-Southern Oscillation (ENSO) neutral range until April.  The National Oceanic and Atmospheric Administration (NOAA) of the US said chances of a strong La Nina is near zero, […]

Justin Baldoni ousted by talent agency after Blake Lively’s sexual harassment lawsuit: WME still represents… | Hollywood

Following Blake Lively’s explosive lawsuit against Baldoni for sexual harassment and retaliation, WME has parted ways with the It Ends With Us director. This decision follows and was ‘was made in part due’ to the severe allegations outlined in Lively’s complaint ranging from ‘intrusive behaviour to smear campaign,’ Deadline reports. Meanwhile, WME continues to represent […]

The Global Loan Agency Services Group (“GLAS”) is delighted to confirm the successful completion of its acquisition of Watiga Trust and Watiga Asia (collectively, “Watiga”).

Singapore:   The Global Loan Agency Services Group (“GLAS”) is delighted to confirm the successful completion of its acquisition of Watiga Trust and Watiga Asia (collectively, “Watiga”).   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241215004425/en/   GLAS completes its acquisition of Singaporean corporate, […]

Economy

2024 temperatures may end up 1.5°C above pre-industrial level, says European weather agency 

The year 2024 will end up as the warmest on record and it will be the first calendar year with temperatures being 1.5°C above the pre-industrial level,  the Copernicus Climate Change Service (C3S) has said.  According to Samantha Burgess, Deputy Director of C3S: “With Copernicus data in from the penultimate month of the year, we […]

Japan Credit Rating Agency awards SMFG India Credit AA- Rating, 4 Notches Above India’s Sovereign Rating

SMFG India Credit (SMICC), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been awarded an international credit rating of “AA-” with a stable outlook by the Japan Credit Rating Agency (JCR). This exceptional outcome places SMICC four notches above India’s sovereign rating and only one notch below its parent financial group SMFG’s […]