War, oil shock weighing on credit conditions, but offsets cushion impact. The U.S.-Iran war and its impact on global energy markets have shaken global credit conditions — but the shock hasn’t wrecked global credit, says Fitch Ratings. In a new report,...
Sovereign wealth funds and central banks managing $29 trillion in assets are turning to energy assets, and raising concerns about the dollar, in a portfolio reassessment driven by unprecedented geopolitical shifts, according to an Invesco survey published on Monday. The...
Upward revision primarily reflects downward revision to imports, partly offset by downward revision to consumer spending. The US economy grew at an annual rate of 2.1% in the first quarter of 2026, revised up from the previous estimate of 1.6%,...
Finastra and Moody's say moving from transaction revenue to lending and relationship pricing is what closes the profitability gap. Digital-first banks now serve more than 1 billion customers globally, but their 5% share of retail banking revenue shows that user...
Digitalisation is no longer a peripheral issue in trade finance. It is central to the future of banks, SMEs, fintechs, factors and the wider trade ecosystem. For organisations such as FCI and its partners, the question is how to...
The European Central Bank (ECB) secured key support from parliament for the launch of the digital euro, an electronic payment tool aimed at reducing the eurozone’s reliance on US credit cards amid deteriorating transatlantic relations. As quoted by Reuters, the...
A widening gap between copper supply and demand is emerging as a critical issue for the global economy, driven by accelerating electrification and the rapid expansion of new technologies. According to Copper in the Age of AI: The Challenges...
Efforts among leading manufacturers to produce solar cells using base metals instead of silver in a bid to reduce costs could pose a threat to the future economic viability of recycling end-of-life panels. While transitioning from silver to base metals...
An international research team, including scientists from the University of Adelaide, have developed a highly efficient microscopic iridium catalyst that could represent an important step toward more affordable and efficient green hydrogen production. University of Adelaide researchers, along with scientists...
DBS and OCBC wealth management fees surged in Q1 2026. DBS and OCBC pulled in $59.38b (S$77b) in net new money from high net worth (HNW) clients in 2025, according to data from UOB Kay Hian (UOBKH). Wealth management fees expanded...
