Thai banks’ net profits rose 5% in Q1

For 2025, the banks are expected to report lower NIMs and a 1% loan contraction. Banks in Thailand reported a combined net profit rise of 5% year-on-year (YoY) and 12% quarter-on-quarter (QoQ) for the first quarter of 2025, according to...

More global issuers flirting with junk: Fitch

Potential downgrades from investment grade outnumber upgrade prospects. The number of global corporate issuers on the verge of being downgraded to “junk” bond status is almost double the number on the cusp of an upgrade from junk to investment grade,...