DBS Group Research economist Ma Tieying notes Taiwan’s 2Q GDP growth slowed to 12.9% year-on-year from 14.5% in 1Q, but remained solid on a quarterly basis. The report highlights narrowing divergence between exports and domestic demand, upside risks to 2026–2027 growth for
Experts recommend a balanced approach to tackling high-interest credit card debt rather than allocating all funds to repayment. Financial advisors caution that funneling every dollar toward $35,000 in credit card debt may not be the optimal strategy. With average interest
UOB’s Ho Woei Chen notes that Hong Kong’s Gross Domestic Product (GDP) growth slowed to 4.3% year-on-year in 2Q26, with a 0.6% quarterly contraction after a strong start to 2026. Goods exports remain robust, but consumption and investment growth have moderated The e
Standard Chartered economists Hunter Chan and Shuang Ding argue that China’s July data likely showed weaker momentum, with official PMIs for manufacturing, services and construction all below 50 and at multi-year lows. They note resilient but easing trade and Industrial Pr
A 0.14% gain in USD/CAD follows a sharp decline in crude prices, easing supply concerns amid US-Iran diplomatic hopes. USD/CAD climbed to 1.4040, up 0.14% on Monday, as the Canadian Dollar weakened after oil prices fell sharply. The decline followed US President Donald Tru
Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/JPY plunged in Tokyo after confirmed joint US-Japan intervention to stop the Japanese Yen’s slide, with officials warning they may act again. Haddad highlights historical success of coordinated FX operations and expe
The US FDA has granted Orphan Drug status to Zai Lab's (LAB) antibody-drug conjugate zocilurtatug pelitecan for neuroendocrine carcinomas. - The asset previously received Fast Track designation for other indications, including small cell lung cancer. - Zoci targets Delta-like...<
South African Rand recovery will likely be slow The South African Rand's appreciation against the US Dollar has stalled due to the Iran conflict and deteriorating terms of trade. The South African Reserve Bank's unexpected rate hold in July has also contributed to
BNY’s Geoff Yu expects the Reserve Bank of India to keep the repo rate at 5.25%, relying on macroprudential tools to manage financial stability while INR remains pressured by higher Oil and a stronger Dollar. The report also notes that central banks in India and the Philip
DBS cites Fed reluctance to hike, US-Japan currency interventions, and easing Middle East tensions as key drivers for USD weakness. The US Dollar is poised for continued weakness in August after a sharp late-July decline. A Federal Reserve perceived as hesitant to raise ra
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