NBFC Growth Outlook Steady; Margin Pressures, Asset Quality in Focus
NBFCs are expected to maintain steady growth with healthy credit demand, though margin pressures and asset quality remain key monitorables.
Business
Hyundai Motor Union Holds First Full Strike in a Decade
Hyundai's South Korean union stages first full strike in 10 years over wages, retirement age, and AI job security.
Guzman y Gomez annual profit jumps 30% on strong Australia network sales
Guzman y Gomez reported a 30% rise in annual underlying profit, driven by strong Australian network sales, sending shares to a near one-year high.
Dollar slips as Treasury buyback plan fails to calm debt worries
The dollar is set for a weekly loss as Treasury buybacks fail to reassure investors worried about US debt and fiscal credibility.
Oil prices steady but set for weekly gain as US-Iran conflict drags on
Oil prices were flat on Friday but on track for a second weekly rise as the unresolved US-Iran war keeps supply from the region curtailed.
Asian Markets Head for Weekly Losses as Bond Yields, Oil Prices Stay Elevated
Asian shares are set for weekly declines as persistent bond market stress and high oil prices weigh on sentiment.
Gold Holds Steady, Set for Third Straight Weekly Gain
Gold prices held steady on Friday, heading for a third consecutive weekly gain, supported by a weaker dollar and Treasury buyback plans.
EQT Holdings receives second takeover offer in a week, from BGH Capital
BGH Capital proposes A$24.75 per share for EQT Holdings, topping TPG's offer, as the firm faces regulatory and legal headwinds.
ACCC takes Subaru Australia to court over repair data access
Australia's competition watchdog sues Subaru's local unit, alleging it breached mandatory repair information sharing rules.
Oil prices hold steady as Middle East tensions keep markets on edge
Oil prices were little changed on Thursday as investors weighed Middle East risks against ample US crude stockpiles.
AIA's Half-Year New Business Value Up 10% on Broad-Based Growth
AIA Group's H1 VONB rose 10% to $3.21 billion, led by strong Hong Kong performance and broad segment growth.
Gold Steadies Near Two-Month High as Treasury Move Weighs on Yields
Gold hovers near its highest since June after the U.S. Treasury doubles liquidity support for long-dated bonds, pushing yields and the dollar down.
Global bonds steady after US Treasury doubles long-duration buybacks
US Treasury's move to double long-bond buybacks calms markets, pulling yields down and lifting stocks, though debt concerns persist.
CK Hutchison seeks $1.5 billion from Panama in port dispute
CK Hutchison launches arbitration against Panama, seeking over $1.5 billion for the destruction of its port investments.
JGB yields slide as US Treasury buyback move lifts sentiment
Japanese government bonds rallied Thursday after the US Treasury expanded buyback operations, with the 10-year yield dropping to 2.84% ahead of a 20-year auction.
Fortescue cuts dividend to eight-year low, flags cost pressures
Fortescue declares lowest final dividend in eight years, flags cost inflation and China trade risks despite record shipments.
Dollar Stays Near Three-Month Low as Treasury Steps In to Calm Bond Market
The dollar hovers near three-month lows as Treasury's buyback plan for long-dated bonds aims to ease yields.
Starlink renews bid for India satellite licence with D2D services
Starlink has filed a fresh application with India's space regulator to deploy its satellite network, including direct-to-device services.
CK Hutchison Files $1.5 Billion Arbitration Claim Against Panama
CK Hutchison has initiated international arbitration against Panama, seeking over $1.5 billion in damages for alleged destruction of its port investments.
CK Hutchison Files Panama Arbitration Claim for $1.5 Billion
CK Hutchison launches international arbitration against Panama, seeking over $1.5 billion in damages for alleged investment treaty violations.