Bank lending expands but M3 growth slows
BANK lending further picked up in September but money circulating in the economy eased, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday.
· Niña Myka Pauline Arceo
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Cybersecurity means disaster preparedness
TECHNOLOGY has expanded access to financial services, bringing banking closer to underserved communities, connecting small businesses to markets, and helping families receive money without traveling.
· Griselda Gay Gloria-Santos
AI fears overtake Democratic sweep as Nasdaq enters correction territory | The National
Stocks linked to data centres tumble as investors anticipate more regulation and Congressional oversight
· Kyle Fitzgerald
Asian stocks plunge after Nasdaq enters correction territory on AI fears | The National
Japan's Nikkei index slumped 7%, while South Korea's Kospi and Taiwan's benchmark index fell more than 8%
· Shweta Jain
Abu Dhabi's IHC more than doubles net profit in first nine months of 2026 | The National
Real estate and construction activity continues to support its revenue
· Alvin R Cabral
Debt of poorest countries at record $9.4tn high, World Bank data shows
Cost of servicing external debt is preventing developing countries from investing for futureDebt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows.The UK government is preparing to champion a “new driv…
· Heatherstewart
What does Trump’s midterm humbling mean for Bessent ahead of talks with He Lifeng?
As US Treasury Secretary Scott Bessent prepares to sit down with Vice-Premier He Lifeng, his Chinese counterpart, in Shenzhen later this month for trade talks ahead of the Apec summit, he will do so with weakened party support at his back following the landslide victory of the Democrats in this week’s midterm electi…
· Alice Li
Oil could fall to $80-$85 after war, while Kevin Warsh believes in pixies, UBS economist says | The National
Paul Donovan says a Democratic Senate could tilt the Federal Reserve towards a more hawkish stance, while questioning the new Fed chairman’s faith in productivity gains
· Manus Cranny
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5%
"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5% For the first time in 1,190 days, the Bank of England has raised interest rates.On Thursday the BoE's Monetary Policy Committee voted 8-1 to lift Bank Rate by 25bps to 4.00%, the first hike since August 3, …
· Tyler Durden
Banks are turning cautious on lending, according to the Fed. What it means for the economy
The Fed’s October bank lending survey shows tighter standards for small firms and commercial real estate, while subprime borrowers face tougher credit.
· Hugh Leask
Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes
Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes Nike's rally from roughly $34 a share in October to above $40 by midweek has done little to ease Wall Street analysts' skepticism about its turnaround strategy.Earlier this week, UBS analyst Pilar Rocafort told clients, "It's still not time to buy Nike.…
· Tyler Durden
Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE Hikes
Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE Hikes US futures are mixed, with the Nasdaq lagging as the post-midterm rotation out of chipmakers and the AI complex enters a second day, after the Democratic sweep raised fears of a data center backlash, Qualcomm tumbled on a weak forecast and…
· Tyler Durden
Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk
Rheinmetall Crashes Most In Months After Guidance Cut (Again) On Military Ramp-Up Risk Rheinmetall AG shares plunged the most since late June in European trading after the German defense manufacturer slashed its annual sales forecast for the second time in months. Berenberg analysts pointed out that "Weapon & Ammuni…
· Tyler Durden
Here's what the Democratic election rout could mean for the U.S. economy
The biggest forces shaping the economy aren't going to change just because the party in power did.
· Jeff Cox
Sheikh Khaled lauds Adnoc's role in global energy security system | The National
Abu Dhabi Crown Prince reviews Adnoc's performance for first 10 months of year as he chairs executive committee meeting
· The National
Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back
Sequoia Capital Shutters London Office As Silicon Valley's VC Giants Pull Back In a troubling sign for European capital markets, Sequoia Capital, one of Silicon Valley's top venture capital firms, is shuttering its London-based office after roughly six years of operation."This is not about the team; they are excelle…
· Tyler Durden
AI disruption, geopolitics and partnerships in focus at Hong Kong business summit
Technology-driven disruptions, superpower rivalry and global partnerships were among the topics that dominated a closed-door summit in Hong Kong, as countries and tech giants seek to boost growth and lead the race in artificial intelligence. About 100 business owners, executives and academics from the United States,…
· Kolette Lim
China sees nearly 10% decline in marriages in 2026 so far, foreshadowing lower birth rate
China has witnessed a nearly 10 per cent drop in the number of marriages in the first three quarters of the year, signalling a possible full-year fall in 2026 after a rebound in 2025. The country recorded 4.648 million marriage registrations in the first nine months, down 504,000 from a year earlier, data released o…
· Mandy Zuo
New Zealand leaders make final appeals as election remains tight
Polls show the election is too close to call as discontent around an ailing economy continues to swell.
· No Author
Hong Kong needs ‘forward-looking’ plans amid changes in industrial chains: John Lee
Hong Kong should proactively plan and implement forward-looking strategies amid rapid changes in global industrial chains and the rapid development of technology and artificial intelligence, the city’s leader has said at an economic forum. Speaking at the Hongqiao International Economic Forum in Shanghai, Chief Exec…
· Lam Ka-sing
China says trade barriers block tech imports, fueling its surplus
As US midterms raise policy questions, Beijing defends own trade practices at import fair
· WATARU SUZUKI
DBS chief warns of 'choppy' equity markets after US midterms
Volatility pressures Singapore's largest bank as Q3 profit slides 5%
· DYLAN LOH
Oil slides and Asia stocks climb as blue sweep in US boost gulf peace prospects | The National
Trump acknowledges Iran war led to his party's defeat in US midterm elections
· Sarmad Khan
A local’s guide to Belgrade: the best sights, restaurants and nightlife in a city in flux
A new optimism pervades the Serbian capital following the recent elections, making it a great time to visit its bars, clubs, markets and riverside hotspotsThere’s a celebratory mood in Belgrade, the Serbian capital. For almost two years protest has shaped everyday life as a student-led movement demanding accountabil…
· Dragana Kostica
‘China-squeeze narrative’ on trade surplus belies reality, top official says
Chinese Vice-Premier Ding Xuexiang pushed back against criticism of the country’s widening trade surplus while pledging to expand imports, as China faces growing international pressure to address global trade imbalances. Addressing the opening ceremony of the China International Import Expo (CIIE) in Shanghai on Thu…
· Sylvia Ma
Albanese's Caribbean trip is no holiday as he faces grilling over economy
Anthony Albanese doesn't have much choice over whether to attend a series of conferences and summits overseas. But as the Australian economy shudders under another interest rate rise, the timing couldn't have been worse.
· Courtney Gould
K-water promotes Korean water tech at Asia Water Council
Korea Water Resources Corporation, also known as K-water, is stepping up efforts to bring Korean water management technologies to overseas markets as the Asia Water Council, which it chairs, marks its 10th anniversary. The state-run utility said Thursday that it is holding a series of council meetings in Bangkok, Th…
· Lim Ye-jin
OMV's new chief executive says low fuel stocks will keep global refining markets tight | The National
Emma Delaney says group's Abu Dhabi operations recovered quickly from regional supply disruptions
· Jennifer Gnana
Asian stock markets drop as Democratic win stokes fears over AI scrutiny
US midterm results drag on tech shares in Japan, South Korea and Taiwan
· JADA NAGUMO
Indonesia's GDP grows 5.5% in Q3, helped by government spending
Economists paint bleak 2026-27 forecast amid capital outflow, public discontent
· NATSUMI KAWASAKI
Russia’s ‘eastward pivot’ gains steam as Putin confirms new China border railway
Russian President Vladimir Putin has signed into law a deal to build a second standard-gauge railway track at a key border crossing with China, as Moscow looks to accelerate its eastward pivot and boost ties with Beijing ahead of the Apec summit. According to a document posted on Russia’s official legislative inform…
· Sherry Wang
Scale is not fate: How the UAE and Qatar created the world's healthiest telecom sectors | The National
Research reveals why market design, smart regulation and long-term investment matter more than size or national wealth
· Adel Belcaid
S. Korea's stock markets to open 1 hour later Nov. 19
SEOUL, Nov. 5 (Yonhap) -- South Korea's stock markets will start trading an hour...
· Deok-Hyun Kim
Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
· Stephen Bartholomeusz
Hong Kong helps mainland Chinese firms go global – but can they really win now?
When Shenzhen-listed digital infrastructure provider Runjian Corporation expanded into the Middle East and Southeast Asia through Hong Kong, adapting meant more than translating software interfaces or navigating local data privacy laws. It also meant changing the company’s working practices and abandoning the expect…
· Simpson Cheung
As Australia ponders how to deal with a castrated Trump administration, one lesson is clear: ‘It’s the economy, stupid’ | Zoe Daniel
Donald Trump’s crushing defeat in the US midterms over cost-of-living pressures is a warning for politicians closer to homeFascinating, isn’t it, that for all that Donald Trump has got away with, it’s arguably the cost of fuel that’s finally led to an absolute rout in the midterms.So many Americans held their noses …
· Zoe Daniel
"Ten Weeks Left": Texas Republican Urges Gov. Abbott To Curb Emergency Powers Before Democratic Takeover
"Ten Weeks Left": Texas Republican Urges Gov. Abbott To Curb Emergency Powers Before Democratic Takeover Texas Republican Has A Plan For Abbott's Final Ten WeeksTexas Rep. Brian Harrison (R-Midlothian) posted on X that Republicans still hold power in Texas for the next ten weeks and urged defeated three-term Governo…
· Tyler Durden
Dems’ midterm sweep could spur Wall Street crackdown as lefty leaders target AI data centers, prediction markets
The Democratic sweep of the midterms could bring a crackdown on Wall Street as lefty leaders set their sights on a range of targets – from crypto and prediction markets to private credit and AI data centers.
· Taylor Herzlich
Bavarian economy minister found dead
Bavarian Deputy PM and Economy Minister Hubert Aiwanger was found dead in a Berlin hotel at the age of 55, German media reports Read Full Article at RT.com
· RT
The economy brought Trump back to power. Now it's his downfall
Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of topics tied to democracy and immigration.
· Alex Harring
Crude Crashes As Blue-nami Sparks Market Chaos; Bullion, Bitcoin, & Bonds Bid
Crude Crashes As Blue-nami Sparks Market Chaos; Bullion, Bitcoin, & Bonds Bid Tl;dr: One word supports much of today's equity exuberance: "hedged" as the 'priced in' anxiety over a blue wave came to pass and so protection was unwound, slamming vols, and driving up stocks from ugly (data-centers/AI CapEx is dead) ove…
· Tyler Durden
[DOCUMENT] CNC : les conclusions du rapport sur le soutien au financement de la creator economy
Le rapport, qui sera dévoilé aujourd'hui, propose de rétablir le fonds suspendu au printemps dernier et prévoit une enveloppe de rattrapage de 3 millions d'euros pour l'année 2026.
· Klara Durand
Qualcomm To Power SpaceX's Masive 5G Nationwide Network As Musk Takes Aim At Telecom Giants
Qualcomm To Power SpaceX's Masive 5G Nationwide Network As Musk Takes Aim At Telecom Giants SpaceX's bold move to challenge AT&T, Verizon and T-Mobile became even clearer on Wednesday after Elon Musk's company signed a multi-year hardware and software deal with Qualcomm. The agreement provides critical cell equipmen…
· Tyler Durden
ASX set to jump as Wall Street soars; Trump Media, Tesla, SpaceX tumble; Oil prices slump
The Australian sharemarket soared the most since April as the Democrats’ sweeping US election victory fuelled optimism the Iran war could end soon, sending oil prices plunging.
· Stan Choe, David McHugh
Will Trump's midterms wipeout hit Australia's already shaky economy?
As Australia faces economic uncertainty, the US midterms have thrown another variable into the mix: a wounded and unpredictable Donald Trump.
· David Speers
Scorched earth: Iran’s revenge against Trump will be devastating
Iran will bring the Gulf to its knees if Donald Trump unleashes a second round of Operation Fury.
· Ambrose Evans-Pritchard
The Everything Bubble Is Bursting, In Real Time
The Everything Bubble Is Bursting, In Real Time Authored by Daniel Lacalle via Daniel Lacalle,For years, extraordinary money supply growth and negative real rates have pushed asset prices to unwarranted levels. The resulting "everything bubble" spread across real estate, private equity, bonds, and stocks. Now, it is…
· Tyler Durden
Brent oil slides to $94 on Iran uncertainty after US midterms | The National
Markets looking for clues over America's direction on Iran war
· Alvin R Cabral
Brand USA appoints 19 Global Travel Trade Ambassadors across Singapore, Taiwan, PH, Vietnam
BRAND USA, the destination marketing organization for the United States, has selected 19 travel trade professionals across Singapore, Taiwan, the Philippines and Vietnam as Global Travel Trade Ambassadors, formally introducing a regional network of trusted US travel specialists who will support destination education…
· The Manila Times
Six measures could save 1.6M lives yearly — WHO
GENEVA, Switzerland — Implementing a few climate and health measures could save nearly 1.6 million lives a year and generate trillions of dollars for the economy, the World Health Organization (WHO) said on Wednesday.
· Agence France-Presse