Banking & Finance

PBOC’s key bank loan rate falls to record low bolstering growth

The new benchmark rate has fallen 10 basis points to 1.4% after the fresh MLF pricing mechanism was introduced

Investors had been leaning toward a rate rise given inflation surprised on the high side in the fourth quarter.

Australia raises rates for first time in two years

Investors are now betting on a follow-up hike in May

Oracle’s offering comes as more than US$3 trillion is projected to be needed for funding data centres for artificial intelligence efforts.

Global bond sales reach US$1 trillion at their fastest pace ever

Some fund managers are paring their purchases of corporate notes

Singapore has seen a steady influx of global funds building private credit teams.

Private credit grows in Singapore as Australia’s IFM joins list

The move follows its partnership with the Australian government in October to pursue investment opportunities across South-east Asia

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Business loan demand from large and medium-sized firms in the fourth quarter was the strongest it has been since the second quarter of 2022, the Fed’s survey found.

US banks expect stronger loan demand in 2026: Fed survey

Banks were more likely to lend to firms that were highly exposed to AI

The talks between the Indian government, central bank officials and Ant International, founded by Ant Group and now operating independently, reflect the further warming of ties with China.

India in talks to allow Alipay+ to link with instant payment system: sources

The move will ease payments for its tourists, enabling them to use its UPI with merchants in countries that have signed up with the platform

In just three quarters, Mizuho booked more than 90% of its annual profit target of 1.13 trillion yen, which would be a record.

Mizuho reports 14% rise in Q3 profit, expands buyback programme

Its profit has increased to 329.9 billion yen from 289.2 billion yen in the year-ago period

Julius Baer CEO Stefan Bollinger says that 2025 was a successful transition year.

Julius Baer profit drops in 2025 amid write-downs, but beats expectations

It has reported a net profit of 764 million Swiss francs, with a net credit loss of 213 million francs

Foreign ownership in State Bank of India (SBI) – the country’s largest lender – and 11 other state-owned banks is capped at 20 per cent, a legacy restriction rooted in the government’s desire to retain strategic control of the financial system.

India considering 49% foreign ownership in state-run banks

India is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to bolster capital at these lenders to fund growth, without entirely giving up ...

Japanese Prime Minister Sanae Takaichi is widely seen as having backed down from attempting to dissuage officials from hiking in December in light of the risk of the currency driving up inflation.

BOJ summary suggests emerging urgency around timely rate hikes

A summary of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest rates in a timely fashion as authorities monitor the impact of...