GlobalData
GlobalData

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Global top 20 insurers report 6.8% YoY average premium growth in 2024, reveals GlobalData

The global top 20 publicly listed insurance companies continued to demonstrate robust momentum in 2024, largely fuelled by a higher interest rate environment and significant investment gains resulting from favorable developments in equity markets. This was further supported by the ongoing digital transformation initiatives, strategic expansion into underpenetrated markets, and effective vertical integration strategies. Consequently, […]
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K2 Black Panther deal with Poland to strengthen South Korea’s position in European defense market, says GlobalData

South Korea’s ambitions to become a major global defense exporter have taken a significant leap forward with the recent announcement of a $6.5 billion contract to supply 180 K2 Black Panther main battle tanks to Poland. The deal confirms Seoul as a trusted supplier of modern, North Atlantic Treaty Organization (NATO)‑compatible equipment at a time […]
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Iran-Israel war casts long shadow over global markets as strategic uncertainty persists, says GlobalData

The Iran-Israel war casts a long shadow over global markets, with the ceasefire offering only a temporary pause in hostilities rather than a path to resolution. Strategic uncertainty continues to loom large, raising critical questions about the motivations behind Israel’s military actions and the future of Iran-Israel relations. From disrupted oil flows and rising inflation […]
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Card payments market in Japan to surpass $890 billion in 2025 as cashless shift gains momentum, forecasts GlobalData

Japan’s card payment market is set to grow 9.6% in 2025f to reach JPY134.9 trillion ($892.5 billion), driven by rising consumer spending and a shift toward digital payments. While cash remains dominant, strong government support, growing card penetration, and evolving consumer preferences are accelerating Japan’s transition to a more cashless economy, reshaping the financial services […]
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Hypersonic missiles to help Japan counter escalating security challenges in Indo-Pacific region, says GlobalData

The deployment of the Hyper Velocity Guided Projectile (HVGP) will be a significant shift in Japan’s defense strategy, which has historically committed to a purely defensive posture. Japan is now poised to integrate this hypersonic missile into its force structure to conduct offensive operations when required. The advancements in missile technology by China and North […]
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Big Pharma prepare for next patent cliff as blockbuster drugs revenue losses loom, says GlobalData

The pharmaceutical industry is bracing for one of its most financially significant patent cliffs in over a decade, with multiple blockbuster drugs set to lose exclusivity by 2030. As biosimilars and generics flood the market, pricing pressures will intensify—particularly in oncology—challenging pharma companies to rethink revenue strategies, pipeline investments, and lifecycle management to safeguard long-term […]
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Trade agreements offer some relief from tariffs, but do not deliver the clarity businesses need, says GlobalData

Trade agreements have long been seen as a means to alleviate the financial and logistical burdens created by tariffs. While lowering or eliminating certain duties can provide temporary relief and facilitate access to new markets, they fall short of delivering long-term certainty and stability or addressing the deeper structural issues businesses face in a volatile […]
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Lineage Cell Therapeutics’ OpRegen holds potential to become new treatment option for GA, says GlobalData

Lineage Cell Therapeutics’ OpRegen (RG6501) is gaining attention as a promising one-time allogenic cell therapy for geographic atrophy (GA), following encouraging results from its Phase I/IIa trial. With limited treatment options currently available, OpRegen’s ability to improve and stabilize vision positions it as a potential breakthrough in addressing a critical unmet need in GA management, […]
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As UK-US trade deal takes effect, US consumers express greater concern about potential impact of tariffs compared to UK counterparts, says GlobalData

The “fantastic” UK-US trade deal came into effect at 5.01am, Monday June 30th, eight weeks after it was hailed as a breakthrough deal between Prime Minister Sir Keir Starmer and President Donald Trump. With Prime Minister Starmer claiming that it “delivers for British businesses and protects UK jobs”, it also gives the US administration a […]
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Challenges mount for big pharma in China as vaccine sales plummet, says GlobalData

Multinational pharmaceutical companies (MNCs) are facing significant challenges in China’s vaccine market, as regulatory scrutiny, domestic competition, and changing consumer behaviors disrupt a once-thriving sector. Major players like Merck & Co. and GSK are re-evaluating their strategies in light of these developments, says GlobalData, a leading data and analytics company. GlobalData’s Q2 2025 Emerging Market […]
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