HANOI -- Vietnam's gross domestic product is projected to grow 6.8% in 2025, the World Bank said in a report on Wednesday, noting the uncertain outlook for global trade was a risk for the ...

A bus carrying a group of Palestinian prisoners released Saturday by Israel under the Gaza ceasefire deal arrived to a cheering crowd in the occupied West Bank city of Ramallah, according to an ...

Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of ...

"This latest step in our decentralization marks a significant milestone: for the first time, two-thirds of World Bank Group operations staff will be based in the regions they serve - a testament ...

The international group of experts that helped design the AIIB also included former executive directors and staff from the IMF and other development banks, as well as two Americans with long careers ...

The government of Sindh outlined its future development objectives and sought the World Bank Group's (WBG) assistance in securing timely approvals for key projects during a high-level meeting in ...

Today, Asian Development Bank President Masatsugu Asakawa and World Bank Group President Ajay Banga signed a groundbreaking new co-financing partnership. The Full Mutual Reliance Framework (FMRF), the ...

The World Bank Group launched a new guarantee platform on July 1, 2024, to streamline product offerings and maximize the limited capital available for development in emerging markets and developing ...

Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent ...

The World Bank reported Monday that the economic recovery in Taliban-controlled Afghanistan remains precarious, beset by persistent challenges, including policy uncertainty, financial isolation ...

The Aurora-based Old Second Bancorp is set to buy the Oak Brook-based Bancorp Financial, which owns Evergreen Bank Group, for $197 million in cash and stocks, the two companies announced on Friday.

Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday ...