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...
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...
