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.
Democratic socialist Zohran Mamdani has won New York City’s mayoral election, defeating former Governor Andrew Cuomo in a landmark victory that make...
The U.S. Senate has blocked a Republican-backed funding bill for the 14th time, as the government shutdown reached 35 days on Tuesday — tying the lo...
Jamaican Prime Minister Andrew Holness on Tuesday said that last week's Hurricane Melissa, the strongest-ever storm to hit its shores, caused damage t...
A UPS cargo jet burst into flames and crashed shortly after takeoff from Louisville’s Muhammad Ali International Airport on 4 November, killing at l...
French judicial authorities announced on Tuesday that they had launched an investigation into the Chinese social media platform TikTok, focusing on th...
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.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
Tanzania's President Samia Suluhu Hassan vowed on Monday to move on from deadly protests set off by last week's disputed election as she was sworn into office for her first elected term.
The eastern Ukrainian city of Pokrovsk has emerged as a critical point in Russia’s campaign to seize the remaining Ukrainian-held parts of Donetsk, and its fate could shape the course of the conflict in the region.
Israel’s top military legal officer Yifat Tomer-Yerushalmi, who resigned last week, has been arrested over the leak of a video showing soldiers brutally assaulting a Palestinian detainee at the Sde Teiman military prison.
Democratic socialist Zohran Mamdani has won New York City’s mayoral election, defeating former Governor Andrew Cuomo in a landmark victory that makes him the city’s first Muslim mayor.
The U.S. Senate has blocked a Republican-backed funding bill for the 14th time, as the government shutdown reached 35 days on Tuesday — tying the longest in U.S. history.
A UPS cargo jet burst into flames and crashed shortly after takeoff from Louisville’s Muhammad Ali International Airport on 4 November, killing at least seven people and injuring 11 others.
U.S. President Donald Trump is set to meet with Syrian President Ahmed al-Sharaa at the White House on Monday, press secretary Karoline Leavitt announced on Tuesday during a press briefing.
Forty-eight people were killed according to Cameroon's security forces, while responding to protests against the re-election of President Paul Biya, the world’s oldest sitting leader, according to data shared with Reuters on Tuesday by two United Nations sources.
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