US coaxing refiners to produce more diesel as prices surge, energy officials say
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KEY Q3 Deep Dive: Deposit Growth and Commercial Lending Drive Revenue Momentum
Regional banking company KeyCorp KEY met Wall Street’s revenue expectations in Q3 2026, with sales up 8.3% year on year to $2.05 billion. Its non-GAAP profit of $0.51 per share was 10.4% above analysts’ consensus estimates. KeyCorp (KEY) Q3 2026 Highlights: KeyCorp’s outlook centers on continued growth in…
APEC finance ministers agree to boost policy coordination, China’s Lan says
By Yantoultra Ngui and Shi Bu “All members agreed that we should enhance the soundness of our macroeconomic policies,” Lan said after the meeting. The ministers also agreed to strengthen fiscal and financial systems to better handle uncertainty and safeguard…
MMS Receives SGS Factory Audit Report, Production Capabilities Verified by Third Party
The SGS factory audit report provides a third-party reference for evaluating MMS's manufacturing operations within the scope of the assessment. By making its manufacturing background more transparent, MMS aims to help customers and business partners make more informed decisions when…
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Van Phuc Silk Village is transforming itself in the digital space.
From traditional looms to social media videos, Van Phuc silk village (Hanoi) is finding new ways to promote its products, reach customers, and spread the cultural values of the craft. Digital transformation not only expands business opportunities but also helps…
GBP/USD Price Forecast: Sees fresh upside leg above 1.3410
The British Pound (GBP) trades 0.1% higher at around 1.3395 against the US Dollar (USD) during the European trading session on Wednesday. The British currency strengthens as hotter-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for September has prompted hawkish Bank…
France’s 10-year bond yield climbs above 5% stirring fears of a credit crisis
France’s government debt reached EUR 3.596 trillion in the second quarter of the year, 119% of its GDP, and its highest level since the postwar period, with a frail government lacking the parliamentary support to approve any significant savings plan. The main…
Velocity Clearing bolsters Global Markets leadership
Asset Servicing Times More people moves news TaxTec Group welcomes Gibson Aztec Group welcomes Jing Wang Krypton Fund Services welcomes McHugh and Barry Portenseigne joins Apex Group Velocity Clearing bolsters Global Markets leadership
Ian Harris warns of 13-day mortgage shelf life as Bank Of England Base Rate bites
The Bank of England base rate backdrop is feeding a mortgage market where deals lasted just 13 days in October before lenders pulled them. That leaves homeowners and buyers with far less time to secure a fixed rate before it disappears.
Bank of England’s Greene Challenges Wage Benchmark Before November Meeting
The bank estimates that pay growth of about 3.25% is consistent with its 2% inflation target. Greene pointed to indicators of higher wage growth. Bank of England Monetary Policy Committee member Megan Greene questioned the bank’s estimate of pay growth consistent with…