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.
Belgium has opened an investigation after two drone sightings over a military base in the country's south-east, Defence Minister Theo Francken said on...
A U.S. federal agent attempted to recruit Nicolás Maduro’s personal pilot in a secret plan to divert the Venezuelan president’s plane to a locati...
A Japanese travel agency announced plans to offer point-to-point space travel by the 2030s, promising trips between Tokyo and U.S. cities like New Yor...
The United States plans to cut the number of troops stationed on Europe's eastern flank, including soldiers who were to be stationed at Romania's Miha...
Azerbaijan has acceded to the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals and Pesticides in Internati...
The Asian Development Bank (ADB) has launched its new Country Partnership Strategy (CPS) for Azerbaijan for 2025–2029, centred on two key pillars: enabling a green and diversified economy, and fostering low-carbon connectivity and inclusive development.
The Asian Development Bank will grant nearly $1 million to upgrade Kyrgyzstan’s energy data system, with more large-scale energy investments in the pipeline.
Tajikistan and the Asian Development Bank are strengthening their long-standing partnership through new initiatives in climate resilience and economic development.
President of Kyrgyzstan Sadyr Japarov has signed a law ratifying the 2025 Financing Framework Agreement with the Asian Development Bank (ADB), paving the way for nearly $222 million in funding for national development projects.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Belgium has opened an investigation after two drone sightings over a military base in the country's south-east, Defence Minister Theo Francken said on Wednesday.
A U.S. federal agent attempted to recruit Nicolás Maduro’s personal pilot in a secret plan to divert the Venezuelan president’s plane to a location where he could be arrested, AP has revealed.
The United States plans to cut the number of troops stationed on Europe's eastern flank, including soldiers who were to be stationed at Romania's Mihail Kogalniceanu air base.
Dutch voters headed to the polls on Wednesday to decide whether to continue the anti-immigration nationalism championed by populist leader Geert Wilders, who collapsed the previous conservative coalition after two turbulent years, or to steer the country back towards the political centre.
The British government announced on Wednesday that it had struck a series of trade and investment agreements worth $8.6 billion with Saudi Arabia, marking a major step in the UK’s efforts to boost economic relations across the Gulf.
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