In contrast, Japanese megabanks and DBS saw their market caps fall. Falling interest rates attracted investors to bank stocks and pushed up the market capitalizations of most major banks in Asia Pacific. Commonwealth Bank of Australia (CBA) became the fifth largest...
Global public debt rose to an all-time high of $102 trillion in 2024, representing a 7.36 percent increase compared to the previous year, according to a leading UN body. Nearly one-third of this total — or $31 trillion — is...
The UK government’s recently announced New Trade Strategy is an ambitious plan to protect UK businesses against the recent trade uncertainty and bolster the British export industry. The UK government’s recently announced New Trade Strategy is an ambitious plan to...
Trade credit insurers are bracing for a more challenging environment amidst projected decelerating global economic growth, compounded by uncertain geopolitical trajectories, according to Aon’s Market Insight Report for H1 2025. Global GDP is projected to slow to approximately 2.8% by...
First Abu Dhabi Bank is readying to issue the first digital bond in the Middle East via the HSBC Orion digital assets platform. The bond is currently at the pre-issuance pricing stage and will be listed on the Abu...
S&P Global Commodity Insights has begun exploratory testing with JP Morgan’s blockchain division, Kinexys, to see whether distributed ledger technology could improve carbon credit operations and support climate objectives. The collaboration focuses on tokenizing carbon credits at the registry...
Decline in syndicated lending leads retreat in bankers’ fees. While traders may be enjoying the surge in market volatility that has accompanied the U.S. trade war, investment bankers are seeing their business stumble amid the rise in uncertainty. According to new...
Trade has slowed globally with subdued investment and spending, Aon said. Trade credit limit approvals in the Asia Pacific (APAC) region held steady at 81%, according to a report by Aon. This indicates a relatively stable credit environment despite global volatility,...
JPMorgan Chase & Co. has launched a blockchain initiative to facilitate the tokenization of carbon credits, collaborating with three major carbon registries to enhance the efficiency and transparency of the voluntary carbon market's credit trading process. The bank's blockchain division,...
Australia’s big four banks are being urged to take greater action against climate change after a study found none were specifically identifying emissions of a major greenhouse gas. The banks’ failure to single out methane emissions could undermine their environmental...
