United Overseas Bank Ltd. lowered its fee income growth forecast for 2023, signaling a more challenging outlook, even as it reported second-quarter profit that...
China’s economic outlook is deteriorating into next year, with no clear consensus from analysts that the business environment will improve despite Beijing’s push to...
ICICI Bank Ltd.’s first-quarter profit topped estimates, underpinned by sustained demand for retail loans in the world’s most populous country.
Net income climbed to 96.5...
Morgan Stanley raised its economic growth forecast up this week, citing a "boom in large-scale infrastructure" driven by President Biden’s Infrastructure bill, according to...
Zambia’s government forecast the nation’s economic growth will accelerate over the next three years as it implements policies focused on stimulating output and stabilizing...
Nigeria’s central bank slashed the mandatory cash reserve requirement for merchant banks by 70% to increase their liquidity and ability to extend loans to...
Kuwait plans to launch a new sovereign investment vehicle to invest in the local market and boost economic growth, according to the government’s latest...
