Q4 net profit nearly doubled on higher interest income and fee income. Vietnam Technological and Commercial Joint Stock Bank (Techcombank) saw its net profit attributable to shareholders rise 17.5% year-on-year (YoY) to $973.36m (VND25.29t) in FY2025, its latest financial statement...
Benchmark deposit rate remains unchanged at 2% for 5th time in a row, at lowest level since November 2022. The European Central Bank (ECB) on Thursday left its three key interest rates steady, meeting market forecasts. The key deposit rate stands...
Decision comes in narrow 5-4 vote, as bank says despite being above 2% target, annual inflation expected to fall back from April, owing to developments in energy prices including from Budget 2025. The Bank of England on Thursday held the...
Net operating profit and net income have reached over 80% of full-year targets. Mitsubishi UFJ Financial Group’s (MUFG) profit attributable to owners of the parent rose by 3.7% year-on-year (YoY) to $11.56b (JPY1.81t) for the nine-month period ending 31 December...
Positive rating momentum to slow as growth weakens, risks rise. Globally, financial performance for the banking sector may be at, or near, its peak — and the rating outlook is dimming too, says Fitch Ratings. In a report, the rating agency...
It forecasts an annual cash dividend of JPY157 for the fiscal year. Sumitomo Mitsui Financial Group’s (SMFG) profit attributable to owners of the parent rose 22.8% year-on-year (YoY) to over $8.99b (JPY1.39t) in the nine month period ending 31 December...
Taiwan's tech-focused economy grew much more than expected in the fourth quarter, the government statistics agency said, thanks to strong demand for the chips and related technologies that power artificial intelligence. For all of 2025, the economy expanded 8.63 per...
Ares Management has led a $1.6bn private debt financing to support the merger of Suave Brands Company and Elida Beauty, underlining the growing role of private credit in large consumer-sector transactions. The financing backs the combination of the two businesses...
Household, government final consumption expenditure contribute to GDP growth. The German economy posted a 0.3% growth in the last quarter of 2025 from the previous quarter, the federal statistical authority Destatis announced on Friday. “In particular, household and government final consumption...
Hong Kong's economy expanded 3.8 per cent from a year earlier in the fourth quarter, official advance estimates showed on Friday, the 12th consecutive quarter of growth thanks to buoyant regional trade flows, growth in inbound tourism and financial...
