Masato Kanda officially assumed office as the 11th president of the Asian Development Bank (ADB) on Monday, succeeding Masatsugu Asakawa, China Daily reports. Kanda, formerly Japan's vice-minister of finance for international affairs, brings nearly 40 years of expertise in international finance and market stability.
"I am deeply honored to take on the role of ADB President at this important moment for our region," Kanda said. "With the trust of our 69 members and strong support of our dedicated staff, I am committed to advancing ADB's mission to promote sustainable, inclusive and resilient growth."
Expressing his commitment to ADB’s mission, Kanda emphasized promoting sustainable, inclusive, and resilient growth. ADB Board Chair Fabio Panetta praised his leadership and experience in addressing financial challenges.
Founded in 1966 and headquartered in Manila, ADB supports economic development across Asia and the Pacific, with 69 member countries.
Bengaluru/Beijing, February 24, 2025 – Chinese e-commerce giant Alibaba (9988.HK) announced on Monday plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
Washington, D.C., February 24, 2025 – French President Emmanuel Macron arrived at the White House on Monday to engage in high-level discussions with U.S. President Donald Trump over the prospects for ending the Ukraine conflict
Türkiye said on Monday it was ready to host possible talks between Ukraine and Russia and would support any initiative leading to peace, following a visit to Ankara by Russian Foreign Minister Sergei Lavrov.
Kyiv, Ukraine, February 24, 2025 – Spanish Prime Minister Pedro Sánchez announced a new military aid package worth €1 billion (approximately $1.047 billion) for Ukraine during a summit in Kyiv marking the third anniversary of the war.
Bengaluru/Beijing/Brasília, February 24, 2025 – Competition in low-Earth orbit is heating up as Chinese state-backed satellite internet providers and other global rivals ramp up efforts to challenge Elon Musk’s Starlink.
A recent discovery has revealed that ancient artifacts from the Treasure of Villena were crafted using metal from meteorites, offering new insights into early metalworking techniques in the Iberian Peninsula.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
Polish startup Clone Robotics has unveiled Protoclone, the world’s first anatomically accurate humanoid robot, featuring artificial muscles, bones, and joints that enable lifelike movements.
Geneva, February 24, 2025 – At a high-level meeting of the UN Human Rights Council in Geneva on Monday, the Democratic Republic of Congo's prime minister stated that approximately 7,000 people have been killed in fighting in the eastern part of the country since January.
Madrid/Algiers, February 24, 2025 – Algerian Interior Minister Ibrahim Murad embarked on an official visit to Spain on Monday, marking the first such visit by an Algerian government official since a 2022 diplomatic fallout between the two nations.
Washington, D.C., February 24, 2025 – French President Emmanuel Macron arrived at the White House on Monday to engage in high-level discussions with U.S. President Donald Trump over the prospects for ending the Ukraine conflict
Türkiye said on Monday it was ready to host possible talks between Ukraine and Russia and would support any initiative leading to peace, following a visit to Ankara by Russian Foreign Minister Sergei Lavrov.
Kyiv, Ukraine, February 24, 2025 – Spanish Prime Minister Pedro Sánchez announced a new military aid package worth €1 billion (approximately $1.047 billion) for Ukraine during a summit in Kyiv marking the third anniversary of the war.
Bengaluru/Beijing, February 24, 2025 – Chinese e-commerce giant Alibaba (9988.HK) announced on Monday plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
Washington, D.C., February 24, 2025 – French President Emmanuel Macron arrived at the White House on Monday to engage in high-level discussions with U.S. President Donald Trump over the prospects for ending the Ukraine conflict
Türkiye said on Monday it was ready to host possible talks between Ukraine and Russia and would support any initiative leading to peace, following a visit to Ankara by Russian Foreign Minister Sergei Lavrov.
Kyiv, Ukraine, February 24, 2025 – Spanish Prime Minister Pedro Sánchez announced a new military aid package worth €1 billion (approximately $1.047 billion) for Ukraine during a summit in Kyiv marking the third anniversary of the war.
Bengaluru/Beijing/Brasília, February 24, 2025 – Competition in low-Earth orbit is heating up as Chinese state-backed satellite internet providers and other global rivals ramp up efforts to challenge Elon Musk’s Starlink.
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