Markets trading income rose to its strongest performance in four years. DBS Group reported a net profit of S$5.72 (US$4.45b) in the first half of 2025, flat compared to the same half in 2024, despite higher tax expenses. Net profit for...
The Bank of England (BoE) has announced a 0.25% cut to its base rate to bring interest rates down to 4%. The latest move is the fifth cut to the base rate since the BoE started to bring interest rates...
Interim dividend is 85 cents per ordinary share. UOB’s net profit fell 3% to S$2.83b (US$2.2b) in the first six months of 2025 compared to the same period last year, its latest financial statement showed. This was due to a pre-emptive...
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent, in line with expectations, as policymakers waited to see the impact of recent rate cuts amid rising global trade uncertainties. A large majority of...
Mega rounds surged to its highest in three years. Financial technology (fintech) funding reached $11b globally across 390 funding rounds in Q2 2025, according to data from S&P Global Market Intelligence. This marked the first time that fintech funding surpassed $10b...
High trade costs, ongoing uncertainty weighs on corporate planning, investment. Protectionist U.S. trade policy is raising the cost of global trade and poses a downside risk to the global credit outlook, says Moody’s Ratings. In a new report, the rating agency...
Global foreign direct investment (FDI) fell by 11% to US$1.5 trillion in 2024, marking the second straight year of decline. The UN Trade & Development’s (UNCTAD) World Investment Report 2025 shows. The World Investment Report calls for “bold, coordinated action to...
The respective trade associations for the UK and Singapore's asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain. The UK's Investment Association (IA)...
Citi’s 2024 Sustainability Report shows the company is more than halfway to its 2030 sustainable finance goal and supporting social impact initiatives. The World Economic Forum says that hundreds of trillions of dollars will be needed to achieve net...
BNP Paribas 3 Step IT is driving circularity in tech by helping businesses cut e-waste, meet ESG goals and access devices without upfront investment The market for sustainable investments is rapidly growing and projected to reach trillions of dollars according...
