Mizuho reported a strong fee business mainly with domestic corporates. Mizuho Financial Group has logged a profit of $2.64b (JPY422.91b) in the Q1 2026 period that ended on 30 June, its latest financial statement showed. Profit is 45.5% year-on-year (YoY) higher...
Federal funds rate remains between 3.5% - 3.75%. The US Federal Reserve kept its benchmark interest rate unchanged Wednesday as three policymakers voted in favor of a quarter-point increase. The Federal Open Market Committee maintained the federal funds rate target range...
Growth slows from 2.1% in 1st quarter as government spending falls, investment and exports lose momentum. The US economy expanded at an annualized rate of 1.5% in the second quarter of 2026, falling short of market expectations, according to an...
Year-on-year, GDP expands 0.9% as exports rise, while investment declines. Germany’s economy grew 0.2% in the second quarter of 2026 compared with the previous three-month period, beating market expectations, official data showed Thursday. Economists had forecast quarterly growth of 0.1%. The Federal...
Oil sector shrinks 24.7% year-on-year, non-oil activity edges up 0.6%. Saudi Arabia’s economy contracted 4.8% year-on-year in the second quarter of 2026, the steepest decline recorded since the COVID-19 pandemic, as a deep decline in oil activity outweighed modest growth...
Net interest income and PPOP both weakened in Q2 compared to Q1. Bank Mandiri faces net interest margin (NIM) pressure and intensifying competition, according to UOB Kay Hian (UOBKH). The Indonesian bank’s earnings grew 24.4% year-on-year (YoY) in H1 2026, but...
The central bank is in talks with industry on how the Republic’s financial markets edge could be improved. Total assets under management (AUM) in Singapore rose 10.1 per cent to S$6.7 trillion as at the end of 2025, on the...
The lender posts a pre-tax profit of US$2.33 billion for the three months through June. Standard Chartered (StanChart) unveiled a fresh US$1 billion share buyback as second-quarter earnings beat expectations, while it booked more charges tied to the conflict in...
It announces a fresh share buyback of £1 billion and dividends worth £800 million. Barclays reported a first-half profit rise of 17 per cent, beating analysts’ forecasts, as it followed Wall Street peers in reaping bumper equities trading revenues and...
It ranks first globally in Startup Community Activity. Singapore ranked 4th globally in the Global Startup Ecosystem Index 2026, according to StartupBlink, leading Asia Pacific as the only economy in the global top five and nearly doubling second-place Australia's regional...
