It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6%. South Korea’s central bank raised its benchmark interest rate for the first time in 3.5 years on Thursday (Jul 16)...
Term funding activity remained strong as Eurex Repo volumes reached a new record of €1.4 trillion, write Frank Gast, managing director and member of the Management Board, and Carsten Hiller, head of Repo Sales for Europe, in a market...
It has increased its planned share buybacks in 2026 to US$2 billion from US$1.8 billion. BlackRock’s second-quarter profit outpaced Wall Street estimates on Wednesday (Jul 15) as a stock market rally lifted the value of client assets and investors poured...
Banks are placing growing weight on technology, product breadth and service quality when selecting international trade finance partners, according to Euromoney’s 2026 Financial Institutions Survey. The research gathered responses from about 670 banks, which assessed trade finance providers across areas...
Goldman Sachs, opens new tab exceeded second-quarter profit expectations as dealmaking picked up and market volatility amid the U.S.-Iran war boosted equities revenue to a record, sending shares to an all-time peak. Inflation risks and uncertainty over interest rates kept...
Wells Fargo, opens new tab beat Wall Street estimates for quarterly profit, boosted by strong investment banking fees and as it doled out more loans after its regulatory shackles were removed last year. The boost in its loan book came...
FDI inflows reached US$150,9b as the it strengthened its investment role. Singapore became the world's second largest recipient of foreign direct investment (FDI) in 2025 after inflows increased to US$150.9b, according to the United Nations Conference on Trade and Development...
Crédit Agricole CIB announced the launch of Smart Platform Assisted SustainablE (SPASE), a new AI-powered ESG-linked trade finance solution aimed at enabling companies to assess ESG performance across suppliers, products and trade flows. According to Crédit Agricole CIB, the new...
The facility was structured to refinance existing debt and provide liquidity to support Pinnacle’s future acquisition strategy. Archway provided a $25 million revolving credit facility to Pinnacle Technology Solutions (PTS), a growing U.S. hybrid it solutions provider selling infrastructure, software...
The world's leading economic and energy institutions have called for renewed efforts to resolve the conflict in the Middle East and reopen the Strait of Hormuz, warning that although the global economy has remained resilient, the war continues to...
