Singapore's economy grew 4.2 per cent in the third quarter, higher than the 2.9 per cent advance estimate. Singapore on Friday (Nov 21) upgraded its economic growth forecast for 2025 to around 4 per cent after a better-than-expected performance in...
Atome has secured up to $200m in debt financing from the Inter-American Development Bank Group’s private sector arm, IDB Invest, for its planned 145MW green hydrogen-based fertiliser plant in Paraguay. The IDB Invest package comprises senior debt, blended finance, and...
South Korean engineering and construction company GS E&C has invested $15m in ammonia power generation firm Amogy. The two companies are already collaborating on a commercial pilot in Pohang, South Korea, where they plan to install a hydrogen-based ammonia distributed...
October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say. China left benchmark lending rates unchanged on Thursday (Nov 20) for the sixth consecutive month in November,...
Japan’s economy contracted an annualised 1.8 per cent in the July-September quarter, the first fall in six quarters, due to a hit to exports from US tariffs, government data showed on Nov 17. While that could complicate any central bank...
These lenders have “satisfactorily contended” with stressful conditions over the past five years. Banks globally are expected to remain steady despite possible disruptions to the financial markets, including geopolitical risks and tariff shocks. About 85% of banks rated by S&P Global...
An HSBC report published today has found that, after months of uncertainty, businesses are finally becoming more confident in dealing with trade policy despite facing increased costs and cash flow pressures. The second edition of HSBC’s Global Trade Pulse Survey...
Hidden leverage, new sources of complexity, contagion arise as funds evolve. Innovation in private credit is bringing greater complexity and ramping up risks, warns Moody’s Ratings. In a report Monday, the rating agency said private credit innovation is not only driving...
It has not revised its net income forecasts for the year. Japan Post Bank Co., Ltd. has reported a net income attributable to wonders of the parent of about $1.55b (JPY240.396b) for the six-month period that ended on 30 September...
Its comprehensive income more than doubled during the period. Sumitomo Mitsui Financial Group’s (SMFG) profit attributable to owners of the parent rose 28.72% year-on-year (YoY) to $6.04b (JPY933.5b) in the six-month period ending 30 September 2025, its latest financial results...
