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MUFG Maintains Record Profit Forecast as Japanese Loan Demand Remains Strong
Time 2025-08-04 20:54:41Japan’s Mitsubishi UFJ Financial Group (MUFG) reaffirmed its record 2 trillion yen net profit forecast despite market volatility, thanks to a rise in domestic and overseas loan demand amid lingering inflation. 1. Q1 Performance Highlights MUFG repo... [More]
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Asia’s Manufacturing Rebound Falters as Factory PMIs Dip in July
Time 2025-08-04 20:53:27Private surveys show manufacturing activity contracted across Asia in July, with PMI figures falling below expansion territory in China, Japan, and South Korea. India and several ASEAN nations remain outperformers amid subdued export demand. 1. July... [More]
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China’s Central Bank Creates New Financial Stability Committee Amid Liquidity Push
Time 2025-08-04 20:49:47China’s central bank has established a new committee to oversee financial stability and support local government debt resolution, signaling continued accommodative monetary policy and efforts to internationalize the yuan. 1. Policy Background On Au... [More]
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Singapore Launches Strategic Economic Review Amid Trade Shifts and Tech Disruption
Time 2025-08-04 20:16:38Summary: Singapore has launched a comprehensive economic strategy review focused on long-term competitiveness, in response to rising U.S. tariffs and rapid technological change. The review, chaired by ministers and industry experts, aims to deliver a... [More]
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Southeast Asia Firms Welcome Uniform 19% U.S. Tariff—Regional Trade Relief Eases
Time 2025-08-04 20:15:29Summary: Southeast Asian economies such as Thailand, Malaysia, Cambodia, Indonesia, and the Philippines have expressed relief after the U.S. imposed a uniform 19% tariff on regional exports—alleviating earlier fears of broader, higher levies and pr... [More]
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Citigroup Bolsters Asia Investment Banking with Senior Hires from Goldman Sachs and Deutsche Bank
Time 2025-08-04 20:00:35Summary: Citigroup has reinforced its Asia-Pacific investment banking team by appointing key executives from Goldman Sachs and Deutsche Bank, signaling a renewed push for deal flow dominance in the region amid intensifying competition among global fi... [More]