Major investment banks' average forecast for S. Korea's 2026 growth reaches 3%: data

Major investment banks' average forecast for Korea's 2026 growth reaches 3%: data

Major investment banks' average forecast for Korea's 2026 growth reaches 3%: data

Global banks lift Korea growth outlook to 3% on chip exports

Major global investment banks have raised their average forecast for South Korea's economic growth this year to 3 percent, the Korea Center for International Finance said Monday, citing a semiconductor-led export boom. The average 2026 real gross domestic product growth forecast among eight major global investment banks rose to 3 percent at the end of June from 2.8 percent a month earlier, marking the first time the consensus has reached the 3-percent level. The outlook has steadily improved fro

Major investment banks' average forecast for S. Korea's 2026 growth reaches 3 pct: data

SEOUL, July 7 (Yonhap) -- Major global investment banks' average forecast for So...

Net FDI inflows drop 2.4% to SR23 billion in Q1 2026

RIYADH — The General Authority for Statistics revealed on Tuesday that net foreign direct investment (FDI) inflows into Saudi Arabia declined by 2.4 percent year-on-year during the first quarter of this year, reaching SR 23.1 billion, compared with SR23.7 billion in the same quarter of 2025.The authority added that net inflows also fell by 51.9 percent compared with the fourth quarter of 2025, when they reached SR48 billion. Meanwhile, statistical data showed positive growth in total foreign direct investment (FDI) inflows into the Saudi economy during the first quarter of 2026, which rose to SR26.6 billion, marking a 2.4 percent increase from SR26 billion recorded in the first quarter of the previous year. However, total inflows declined by 49.9 percent compared with the fourth quarter of 2025, when they stood at SR53.1 billion.Conversely, outward foreign direct investment (FDI) flows increased significantly by 50.6 percent year-on-year during the first quarter of 2026, reaching SR3.5 billion, compared with approximately SR 2.3 billion in the first quarter of 2025.According to the authority, outward FDI flows declined by 31.8 percent on a quarter-on-quarter basis compared with the final quarter of the previous year, when they totaled SR 5.2 billion.

Standard Chartered: Technology to Drive 80% of Corporate Earnings Growth in Asia

Standard Chartered expects the technology sector to account for nearly 80 of total corporate earnings growth across Asia excluding Japan in 2026, reinforcing its bullish outlook on regional equities as artificial intelligence and semiconductor demand continue to reshape investment trends.

Money talks: Luxembourg's finances lean ever more heavily on its financial centre

In 2023, banks, investment funds and insurance companies generated more than three quarters of Luxembourg's corporate income tax revenue, representing a jump from the 70 recorded the previous year.

South Korea announces $650 billion investment plan for AI data centers

Plan includes 8.4 GW capacity by 2029 and further expansion by 2035. The post South Korea announces 650 billion investment plan for AI data centers appeared first on BOL News.

Energy And Utilities Analytics Market To Hit $10.1B By 2031 As IBM (NYSE: IBM), Siemens, And GE Vernova Lead Competitive Field

The global energy and utilities analytics market is forecast to grow from over 6.10 billion in 2026 to over 10.10 billion by 2031, representing a compound annual growth rate of 10.6. A new report published by ResearchAndMarkets.com outlines the key forces shaping the sector, identifying grid modernization, renewable energy integration, and smart meter rollouts as [] The post Energy And Utilities Analytics Market To Hit 10.1B By 2031 As IBM (NYSE: IBM), Siemens, And GE Vernova Lead Competitive Field appeared first on Foreign Policy Journal.

सामसुङको नाफामा ऐतिहासिक छलाङ

काठमाडौँ। कृत्रिम बौद्धिकता (एआई) प्रविधिसँग सम्बन्धित मेमोरी चिपको विश्वव्यापी माग तीव्र रूपमा बढेसँगै दक्षिण कोरियाली प्रविधि कम्पनी सामसुङ इलेक्ट्रोनिक्सले दोस्रो त्रैमासिक परिचालन नाफामा ऐतिहासिक उछाल आउने प्रक्षेपण गरेको छ। कम्पनीले मङ्गलबार सार्वजनिक गरेको प्रारम्भिक विवरणअनुसार अप्रिल–जुन अवधिमा परिचालन नाफा ८९४ खर्ब वोन (५८ अर्ब ४० करोड अमेरिकी डलर) पुग्ने अनुमान गरिएको छ। जुन गत वर्षको []

Asian Stocks Climb on Tech, Yen Hits 40-Year Low: Markets Wrap

Asian equities rose, leaving the regional benchmark on track for its best quarterly gain in 17 years as technology stocks rallied. The yen weakened to a four-decade low against the dollar.

World : Singapore Exchange FY2026 Turnover Rises 35 Pct As Securities Trading Hits 18-Year High

SINGAPORE, July 13 (Bernama-Xinhua) -- Singapore Exchange on Monday reported a 35 per cent year-on-year increase in total turnover to S455.7 billion (US352 billion) for the fiscal year 2026, with securities' daily average value surging 35 per cent to S1.8 billion, the highest in 18 years.

Parlimen: Ringgit disokong asas ekonomi domestik kukuh

KUALA LUMPUR: Nilai Ringgit disokong oleh asas ekonomi domestik yang kukuh walaupun berdepan tekanan faktor global termasuk ketidaktentuan geopolitik Asia Barat dan jangkaan perubahan kadar faedah Rizab Persekutuan Amerika Syarikat (AS). Timbalan Menteri Kewangan, Liew Chin Tong berkata, Ringgit memulakan 2026 dengan prestasi kukuh apabila mencatat peningkatan 4.3 peratus berbanding dolar AS selain mengukuh 3.2 ... Read more The post Parlimen: Ringgit disokong asas ekonomi domestik kukuh appeared first on Utusan Malaysia.

Saudi Arabia Pulled $7.1 Billion in Foreign Investment in Q1 as Outflows Surged 50%

Saudi Arabia's gross foreign direct investment inflows rose 2.4 to 7.1 billion in Q1 2026, GASTAT reported, but outflows surged 50 as the Public Investment Fund accelerated its international dealmaking, compressing net FDI by 2.4 and widening the gap to Vision 2030's 100 billion annual target.

Global investors pivot from access to scale in yuan operations, anchored by Hong Kong

Global institutional investors are pivoting away from basic market entry to scaling up their yuan operations, with offshore hubs such as Hong Kong emerging as the central infrastructure for that shift, a new survey showed. The survey, conducted by HSBC and polling more than 120 institutional investors collectively managing over US32 trillion in assets across 12 Asia-Pacific markets, found that 63 per cent preferred offshore yuan markets for currency transactions, while 54 per cent relied on...

ADB sees slower growth for Asia and Pacific in 2026 amid global energy crisis

ADB sees slower growth for Asia and Pacific in 2026 amid global energy crisis

South Korea flags a record $530bn budget, paid for by the AI chip boom

South Korea will draw up record budget spending of more than 800 trillion won (530.97bn) for fiscal 2027, supported by stronger tax revenues from the booming AI chip industry, the government said on Monday. It is the clearest sign yet that Seoul intends to spend the semiconductor windfall rather than save it, an argument the [] This story continues at The Next Web

Uzbekistan's banking sector records growth in loans and deposits

Uzbekistan's banking sector records growth in loans and deposits

Samsung Group details plans to invest $90b in S. Korea

SEOUL – Samsung Group detailed plans on Thursday to invest 140 ​trillion won (90 billion) for production ‌of display panels, batteries, chips and chip materials in the central province of ​Chungcheong, Reuters reported. The post Samsung Group details plans to invest 90b in S. Korea appeared first on Egyptian Gazette.

Central bank raises Taiwan's 2026 CPI growth forecast to 1.93%

Taipei, July 9 (CNA) Taiwan's central bank has raised its 2026 growth forecast for the consumer price index (CPI) to 1.93 percent, citing higher than expected inflation in the second quarter.

STAG Industrial's Revenue Growth And Rising Cash Flow Outshine Underperformance

STAG Industrial's Revenue Growth And Rising Cash Flow Outshine Underperformance

Global Market Today: Shares edge higher in Asia as oil dips, earnings loom

Asian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have lessened the likelihood of a near-term Federal Reserve rate hike, allowing investors to anticipate a tech profit boom driven by AI. Samsung Electronics is expected to report a significant profit jump, highlighting the strong performance of chipmakers amidst high demand and tight supply.

EPF 2026: Will you get more than 8.25% interest?

EPF 2026: Will you get more than 8.25% interest?

ADB maintains Azerbaijan's economic growth forecast at 2% for 2026

The Asian Development Bank has maintained its economic growth forecast for Azerbaijan, projecting the country's economy to expand by 2 in 2026 and 1.8 in 2027, unchanged from its April outlook, AzerNEWS reports.

Defense spending drives Germany’s public investment growth to highest level since 2000

Gross public investment rises 12.3 year-on-year to 168.2B in 2025, official data shows