Goldman Sachs on Tuesday beat estimates for its third quarter on stronger-than-expected investment banking and fixed income trading. Here’s what the company reported: Earnings per share: $12.25 vs. $11 expected, according to LSEG Revenue: $15.18 billion vs. $14.1 billion expected, according to...
Advance estimates show moderation from previous quarter, as manufacturing sector stalls. The Republic’s economy expanded 2.9 per cent year on year in the third quarter of 2025, slowing from the previous quarter’s pace but still exceeding analyst expectations, advance estimates...
Morgan Stanley Investment Management (MSIM) announced that it has led a $60 million growth capital fundraise for maritime sector-focused low-carbon Energy Storage Systems (ESS) solutions provider Corvus Energy. MSIM’s investment was made through 1GT, the firm’s private climate equity strategy...
JPMorgan Chase has announced a decade-long $1.5tn investment initiative to finance and invest in industries central to U.S. national security, including defence, energy, and advanced manufacturing, according to sources cited by Reuters. The plan, described by the bank as its...
Impact investments grew at a 21% compound annual rate to US$448.2 billion over the past six years as investors increasingly sought measurable social and environmental benefits and “meaningful” outcomes, according to a survey by Global Impact Investing Network (GIIN). The...
Deals to add scale, and acquisitions by banks likely, Fitch says. Consolidation in the European investment management sector is set to ramp up, amid intensifying competition and shifting distribution trends, says Fitch Ratings. In a new report, the rating agency said...
igher tariff rates and elevated trade policy uncertainty are set to eventually unwind some of the effects of earlier frontloading. Already, rising input prices and a slowdown in trade shipments suggest inflation could increase in late 2025 as inventories...
Biomethane platform Verdalia Bioenergy announced that it has closed USD$780 million in a new corporate financing deal, with proceeds aimed at supporting its development of a portfolio of projects across Spain and Italy. Biomethane, or renewable natural gas (RNG), is...
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%. The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on Thursday (Oct 9). The Bangko Sentral ng Pilipinas (BSP) reduced the...
Artificial intelligence is no longer just a technology; it’s a credit risk. That’s the message from Moody’s Ratings in its latest update to the AI Corporate Heatmap, which assesses the impact of AI advances on corporate creditworthiness through 2030. The...
