Singapore’s non-oil domestic exports rose by 24.2% in July, the government said, following a 20.8% increase in June driven by robust AI-related demand. July’s data came after the government sharply raised its growth forecast for 2026 earlier this month due...
Dimension Energy has secured US$857m of additional capital, combining a US$200m increase in its corporate credit facility with a separate US$657m construction-debt and tax-equity package for 29 distributed solar projects across five US states. The US$200m increase takes Dimension’s corporate...
Private consumption edges down 0.02% for 1st fall in 8 quarters. Japan's economy grew at an annualized rate of 1.1% in the April-June period for a third straight quarterly expansion, helped by government spending, though weak private consumption clouds the...
The three banks’ capitalisation remains strong, but CET1 ratios are declining. Singapore banks’ profitability in 2026 is expected to remain broadly in line as in 2025, supported by the growth of their wealth management franchises. Profitability will be supported by continued...
Total gross loans rose 6%, with both business and home lending volumes expanding. National Australia Bank (NAB) recorded a statutory net profit of $1.28b (A$1.8b) for the Q3 2026 period that ended in June, according to a filing at the...
Thailand's economy slowed in the second quarter of 2026 but still beat forecasts, with stronger private investment offsetting softening consumption and a decline in public investment, official data showed, as the government raised its outlook for the year. Southeast Asia's...
Deutsche Bank has become the first non-Chinese bank in Europe authorised to act as a renminbi clearing bank, expanding the infrastructure available to companies settling trade and investment flows between China and Europe. The People’s Bank of China approved the...
Maersk and Hapag-Lloyd both reported quarterly earnings, and while they highlighted the turmoil in global markets, they also reported improved results driven in part by those same issues. While the two carriers are partnered in the Gemini Cooperation, they,...
Malaysia’s economy grew by 6% in the second quarter of the year, driven by sustained domestic demand and a strong export sector, says Bank Negara Malaysia (BNM). The central bank said household spending was supported by a steady growth in...
The UAE banking system’s total assets increased by 17.1 percent to AED5.3 trillion at the end of 2025, while the loan portfolio expanded by 17.8 percent, primarily driven by increased domestic lending, particularly across the retail and private corporate...
