The US$20 trillion-plus asset-based finance market has gained prominence as investors seek diversified income beyond traditional corporate lending. Asset-based finance (ABF) is taking a larger role in private portfolios as rising capital requirements across digital infrastructure, energy and consumer finance...
Moody’s Corp. has sharply raised its forecast for South Korea’s economic growth this year to 3.5 percent, citing a strong semiconductor cycle that it expects to continue through at least mid-2027. The rating agency forecast gross domestic product (GDP) growth...
US-listed ETFs have attracted record inflows as investors have increasingly turned to active strategies and thematic exposures. Investments into US-listed ETFs are on track to exceed US$2 trillion in 2026, with the growing use of active strategies among institutional investors...
Better cost controls, stronger margin gains enabled profitability to outpace North American banks. Recently, the large European banks have been outperforming U.S. and Canadian banks at improving their profitability, narrowing the gap in returns between the regions — however, that...
The total assets of India’s passive fund industry rose 0.3% month-on-month in June to 14.82 trillion rupees (US$0.16 trillion), triggered largely by net inflows of 166.22 billion rupees. According to a report by NSE Indices, there were two clear...
Banks are benefitting from higher demand for trade lending, review of half-year earnings suggests, although there are signs of weakening in the Middle East after months of disruption to shipping and supply chains. Several lenders in Europe and Singapore reported...
Fidelity International (FIL) plans to exit its wholly owned China fund unit, two people familiar with the matter said, marking one of the biggest retreats by a global asset manager from the world's second-largest economy. London-headquartered FIL, which manages $1.18...
Imports grow faster than exports as US surplus declines and deficit with China widens. Germany’s foreign trade surplus narrowed in the first half of 2026 as imports grew faster than exports, official data showed Thursday. The trade surplus fell 0.7% to...
The measures target managers and senior investment professionals. The Monetary Authority of Singapore (MAS) has announced plans to exempt qualifying profit-linked returns earned by fund managers from tax from the Year of Assessment 2027 onwards. MAS, in collaboration with the Ministry...
Net income rose 86% on growth in non-interest revenue from core businesses. Citibank Korea Inc. has reported a net income increase of 86% year-on-year (YoY) to $133.46m (KRW186.9b) in the second quarter of 2026. This is Citibank Korea’s highest-ever quarterly net...
