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Citigroup sets mid-2026 target of 1,150 for MSCI’s global equity index

The brokerage’s expected year-end EPS growth of above 11% for the ACWI falls below consensus estimates

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Chinese banks stumble on Beijing’s consumer lending push

Recent wage cuts in the financial industry, manufacturing and the state sector have further dented households’ financial health while higher US tariffs...

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Japan’s MUFG targets US for securitisation business, plans to boost headcount

Investment in data centres, driven by demand for generative artificial intelligence, is increasing around the world

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PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs

Domestically, the property market is still struggling and deflationary pressures are building as businesses cut prices to keep customers

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Trump puts 35% tariff on Canada, eyes 15%-20% tariffs for others

US President Donald Trump said on Thursday the United States would impose a 35 per cent tariff on imports from Canada...

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Pimco sees Japan wooing capital as tariffs spur diversification

Global funds have continued to scoop up Japanese assets after buying a record 9.2 trillion yen of stocks and bonds in April,...

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White House slams Powell over Fed finances, project cost overruns

THE White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying...

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US bank profits to climb on stronger trading, investment banking

Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in...

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Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources

Stablecoins are gaining more acceptance after the US Senate passed legislation in June setting up rules for cryptocurrencies pegged to the US...

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Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan

The discussions were suspended shortly after the port sale was announced in early March

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