The return was led by equities, which rose by 6.7%. Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion fund’s return was led by equities, which rose...
Financial institutions remain the leading issuers across both Singdollar and non-Singdollar bonds. The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion. This comprises new issuances for short-term...
The group overall logged a net profit of 421.8 billion yen for the April-June quarter. Japanese technology investor SoftBank Group booked a net profit of US$2.87 billion in the first quarter, driven by gains among larger listed investments in its...
The bank cited its digital transformation, credit growth, and risk management. Vietnam’s HDBank’s profit after tax is $306.28m (VND8.03t) in H1 2025, a 24.26% increase compared to a year earlier, its latest financial results showed. Pre-tax profit is at $383m in...
About 1 in 3 see embedding AI as a way to transform their organizations. Operational and cost transformation is at the top of banking agendas globally in an era of economic pressure, rising competition, and rapidly evolving customer expectations, according...
Polish banks eased their lending criteria in the second quarter of 2025 due to greater competition and interest rate cuts, spurring demand for loans, the central bank said in a quarterly survey of banks published. In the second quarter, banks...
Markets trading income rose to its strongest performance in four years. DBS Group reported a net profit of S$5.72 (US$4.45b) in the first half of 2025, flat compared to the same half in 2024, despite higher tax expenses. Net profit for...
The Bank of England (BoE) has announced a 0.25% cut to its base rate to bring interest rates down to 4%. The latest move is the fifth cut to the base rate since the BoE started to bring interest rates...
Interim dividend is 85 cents per ordinary share. UOB’s net profit fell 3% to S$2.83b (US$2.2b) in the first six months of 2025 compared to the same period last year, its latest financial statement showed. This was due to a pre-emptive...
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent, in line with expectations, as policymakers waited to see the impact of recent rate cuts amid rising global trade uncertainties. A large majority of...
