DBS reported record profit before tax of $13.1b in 2025. Total income rose 3% to $22.9b, but net profit fell 3% to $11.0b due to the global minimum tax. Return on equity was 16.2%, and the cost-income ratio was 40%. Net...
The Zurich-based private bank Rothschild & Co Bank looks back on a challenging financial year 2025. Net profit almost halved, while the cost-income ratio rose to more than 82 percent. Rothschild Chairman Gary Powell writes in the annual report of...
The firm is also raising a regional special situations fund. Ares Management is planning to establish its first Asia local currency private credit fund in Thailand, according to sources familiar with the matter, as the country emerges as a new...
Some banks from Japan, Greater China and Singapore are also reviewing their pipelines and existing exposures. On the sidelines of a meeting this week of Asia’s largest loan association, private conversations were dominated by a single theme: how the Iran...
Quarterly economic data shows growth at an annualized 1.3%. Japan's economy grew faster than initially estimated in the final three months of 2025, thanks to rapid business investment, revised data showed on Tuesday, although the Middle East conflict casts a...
Shipping insurers are likely to re-examine their ability and willingness to provide cover due to the present situation around the Arabian Gulf, International Union of Marine Insurance (IUMI) has said. Insurers will be mindful of the impact the war might...
DHL 2026 report finds globalisation still at 25% amidst US–China trade decline. Singapore ranked first out of 180 economies in the latest global connectedness rankings, placing first globally for trade depth, second for capital flows, and first for the breadth...
Asia-based private credit funds are emerging as a possible hedge against turmoil gripping the US$1.8 trillion industry, as investors seek safer alternatives in the asset class. Concern about US private credit exposures to the software sector that’s under pressure from...
Saudi Arabia’s real gross domestic product (GDP) grew by 4.5% in 2025 compared with 2024, driven by growth across all economic activities, with oil activities rising 5.7%, non-oil activities increasing 4.9%, and government activities growing 0.9%. According to the General...
Financial sector most exposed to indirect economic fallout: DBRS. With little direct exposure to the region, global banks and asset managers don’t face material impacts from the growing conflict in the Middle East, but will be affected indirectly through macroeconomic...
