AI buildout helping offset energy supply headwinds, while Kristalina Georgieva warns of rising fiscal pressures. The International Monetary Fund's (IMF) managing director said on Tuesday that the global economy is faring better than expected as energy supply disruptions in the...
Perma-Pipe International Holdings has consolidated multiple financing arrangements across its international operations into a single JPMorgan-led structure, establishing US$89m of base committed facilities with capacity to request up to another US$50m. The new package comprises a US$75m revolving credit facility...
They reported profit growth of between 3% and 5% in the first half. China’s five largest banks have reported profit growth of between 3 per cent and 5 per cent in the first half, as non-performing loan ratios held steady...
Loyalty cannot be assumed, said Deloitte. Over $10t of personal wealth is expected to be transferred between generations in Asia over the next 20 to 25 years, yet local financial institutions are struggling to capture it, according to estimates by...
Core Scientific has arranged US$600m of committed senior secured bank facilities, combining a US$100m revolver with a US$500m letter-of-credit line in a structure expected to release approximately US$300m of cash currently tied up as collateral. The digital-infrastructure group announced the...
Financial institutions are expected to pour trillions in public infrastructure, energy, and data centres. Asia Pacific’s financial services’ contribution to the region’s economy has the potential to grow to $4.8t by 2035, from $2.4t in 2024, according to estimates by...
Credit risk insurers increased their protection of significant risk transfer tranches by 59% to €4.7bn in 2025, as banks made greater use of unfunded insurance to release regulatory capital and expand their capacity to lend. The International Association of Credit...
The Bank of Korea (BOK) raised its benchmark interest rate by a quarter percentage point to 3.00%, as expected, delivering a second straight increase as inflation stays above target and financial stability risks persist. The seven-member monetary policy board at...
Trade and Development Bank Group has concluded a US$800m syndicated term loan after expanding an original US$700m facility through an accordion, giving the African multilateral lender additional capacity for trade finance, refinancing and balance-sheet growth. The transaction was announced on...
Net interest margin is 2.12% for H1. Malayan Banking Berhad (Maybank) logged a net profit of $1.28b (MYR5.17b) in the first half of 2026, 0.88% year-on-year (YoY) lower than a year ago. Malaysia's largest bank by asset-size said that its Q2...
