As private credit moves toward a $4 trillion valuation by 2030, the “black box” era of investing is effectively over. BlackRock’s integration of Aladdin technology with Preqin datasets marks a definitive pivot toward the standardisation of private markets, providing the...
The banks eye growth in onshore, ASEAN, China and Hong Kong wealth. Singapore’s big three banks are banking on wealth management to drive growth, with interest income and lending activity expected to decline in 2026. The three banks have adopted different...
The May edition of the Global Trade Update shows that while tariffs rose sharply in 2025, they have not been the main obstacle to trade over the past decades. The biggest costs now come from non-tariff measures such as...
Net interest income fell, but wealth-led gains and higher fees lifted total income. Oversea-Chinese Banking Corporation Limited (OCBC) posted a net profit of $1.97b for the first quarter (Q1) ended 31 March, up 5% from $1.88b a year earlier. Net interest...
The GCC economies posted robust growth in the third quarter of 2025, driven by the non-oil sector as the region’s sustained push to diversify income sources gained further momentum. The nominal GDP of the GCC reached approximately $595.8 billion in...
Inflation, energy prices pressures weigh on corporate metrics. Global corporate credit quality could come under pressure from the economic and financial fallout of the ongoing conflict in the Middle East, says Fitch Ratings. In a report, the rating agency said the...
Apollo Global Management, pledged to provide daily pricing for its credit funds by the end of September, saying new buyers wanted more transparency as it reported inflows that pushed total assets past $1 trillion. Private funds usually give portfolio valuations...
The European Commission has selected nine hydrogen production projects under the third auction of the European Hydrogen Bank (EHB). Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 giga-watts of electrolyser capacity and...
Trading and investment income also fell 13% compared to Q1 2025. United Overseas Bank (UOB) posted a net profit after tax of $1.105b (S$1.4b) for Q1 2026, down 4% year-on-year (YoY) compared to the same quarter last year, its latest...
Global debt rose to a record level of around $353 trillion by the end March, according to the Institute of International Finance (IIF). In its quarterly Global Debt Monitor report released, the institute said that US borrowing was among the...
