Switzerland’s economic growth surged in the second quarter according to initial estimates, shaking off higher energy costs thanks to its chemical and pharmaceutical industries. GDP growth reached 1.5% after a 0.4% rise in the first three months of the year,...
UK bank Lloyds Banking Group announced that it has set a new target to facilitate more than £100 billion in sustainable and transition finance between 2027 and 2030. The new goal, unveiled as part of the bank’s upcoming Accelerate 2030...
Total liabilities for wealth fund climb to $224.7B by June 30. Norway's Government Pension Fund Global recorded total assets of 24.82 trillion Norwegian kroner ($2.6 trillion) at the end of June 2026, up from 22.95 trillion kroner ($2.4 trillion) at...
Climate transition investing represents one of the most compelling long-term investment themes. Traditionally, transition investing has been viewed primarily through a defensive lens: protecting portfolios from climate regulation, fossil-fuel price volatility, changing customer preferences, technological disruption and asset stranding,...
Sea Legend Shipping, a Chinese shipping start-up, will conduct the first regular container shipment service across the Arctic this week. The route bypasses traditional ocean freight routes – currently at a stalemate due to geopolitical tensions – and benefits...
The Collateral Infrastructure and Market Practices Advisory Group (CIMPA), TMX Group and Clearstream announced the start of repo trading using the standardized Government of Canada General Collateral (GoC GC) basket on the Canadian Collateral Management Service (CCMS) platform. This milestone...
ANZ logged a cash profit of $1.34b (A$1.9b) for the Q3 2026 period that ended on June, its lates financial report showed. Cash profit is 1% higher compared to the quarterly average of the half year period that ended on...
Operating expenses rose 6% in FY2026. Commonwealth Bank of Australia (CBA) has reported net profit after tax of $7.62b (A$10.811b) for the full-year period that ended on 30 June 2026, 8% higher than the previous year. Return on equity rose to...
The Federal Reserve Banks of Dallas and New York intend to probe lending trends in the $1.3tn US private credit market. Both banks will launch a pilot survey exploring the US direct lending market, following its rapid growth in recent...
It said its core net interest margin was broadly stable during the quarter. Australia’s Westpac Banking Corp posted a slightly higher third-quarter cash profit on Monday (Aug 10), helped by growth in customer loans and deposits, but warned mortgage demand...
