Corporate assets surge 6.8% to $14.4t record

Total valuations soared from a 2020 baseline of only $11t. Singapore’s corporate sector expanded its balance sheet in 2024, with total assets rising 6.8% year on year to about $14.4t, as equity increased more than liabilities, according to data from...

Bank of Japan keeps policy rate constant

Japanese central bank increases inflation forecast due to higher energy prices. The Bank of Japan has kept its policy interest rate constant at 0.75% on Tuesday, in line with market expectations. In a statement, the bank said Japan's economic growth is...

State Street profit rises 19% in Q1 2026

By quarter-end, investment servicing assets reached $54.5tn, up 17%, while investment management assets grew 20% to $5.6tn. State Street posted first-quarter 2026 net profit of $764m, compared with $644m in the same period last year, marking a 19% increase.  Diluted earnings...