HEADLINES
Foreign investment into Europe is expected to rebound this year
Foreign investment into Europe is set to rebound this year following a downswing in 2020, when FDI fell by 13%, according to the annual EY Europe Attractiveness Survey.
Brazil to attract $192 bn in infrastructure investments till 2022
Brazil plans to expect to attract R$1 trillion (about US$192 billion) in infrastructure investments until the end of 2022, Brazilian Infrastructure Minister Tarcisio Gomes de Freitas said in an interview with foreign correspondents on Wednesday (June 3).
Russia’s gold & foreign currency reserves top $600bn
Russia's international reserves continue climbing, topping $600.9bn in May, the country's highest level ever, as oil prices have recovered, according to the Central Bank of Russia (CBR).
Port City Colombo to become a major financial and services hub in South Asia
Sri Lanka's Parliament passed a bill establishing the Colombo Port City (CPC) Special Economic Zone (SEZ) to enhance the ease of doing business.
World’s largest government funds rank best at ESG criteria
Australia's Future Fund, New Zealand Superannuation Fund ( NZ Super) and Norway’s NBIM are among the top-performing state-owned investors (SOIs), as well as having the highest level of governance and sustainability, according to a study of 52 of the world’s largest gover
U.S. economic freedom drops to an all-time low
World economic freedom remained at a record high of 61.6 for the second year in a row in The Heritage Foundation’s 2021 “Index of Economic Freedom.” Singapore remained in the top spot as the world’s most-free economy, while the U.S.
World foreign direct investment outlook remains weak for 2021
Global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to an estimated $859 billion, according to an UNCTAD Investment Trends Monitor published on 24 January.
Asset managers to boost spending on data & technology by 2023
Seeking broader and deeper ties to clients, asset managers worldwide expect to increase annual spending on data and technology to $84 billion by 2023 from $50 billion in 2019.
A Hopeful and Prosperous New Year 2021
It’s been an eventful year, full of sorrow and fear of tomorrow. As we move beyond 2020, the coming year will also be unpredictable and transitional.
