AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO

Mitsubishi UFJ executives assert renewable energy growth will persist in the U.S. despite Trump's administration, driven by data center energy demands and flexible financing strategies.

Morning Bid: EM conditions tighten, outflows heighten

Asian markets struggle amid rising U.S. bond yields, a strong dollar, and Wall Street declines, while Thailand's GDP and other economic indicators remain in focus on Monday.

Musk's political ascendancy stirs hopes of redemption for X banks

Elon Musk's ties to Trump raise hope among banks to offload $13 billion debt from X following his acquisition, amid fluctuating user engagement and changing business dynamics.

Japan's MUFG lifts profit forecasts after Q2 net income nearly doubles

Mitsubishi UFJ Financial Group raised its annual profit forecast to 1.75 trillion yen, following a 90% profit surge in Q2 due to higher interest rates and share sales.

BOJ to keep rates steady as politics muddles outlook

The Bank of Japan is expected to maintain low interest rates amid political uncertainty and fragile economic recovery, with no immediate plans for further rate hikes.

BOJ faces fresh challenge as politics, yen complicate rate hikes

Bank of Japan faces challenges from political shifts and a yen rebound, complicating the path for interest rate hikes as elections approach.

Analysis-BOJ faces fresh challenge as politics, yen complicate rate hikes

Bank of Japan's plans for rate hikes face political hurdles as new premier Ishiba suggests economic readiness is lacking, leading to expectations of delays in monetary policy changes.

Exclusive-ANZ, Gunawan family consider selling control of Indonesia's Panin Bank, sources say

Analysis-Shadow of Abenomics clouds BOJ's rate hike path

Japan's leadership race creates political uncertainty, influencing the Bank of Japan's interest rate policies amid concerns about inflation and economic stability.

Japan's revised GDP likely rose in Q2 at same pace as initial estimate: Reuters poll

Japan's economy is projected to grow around 3.2% annually in Q2 2023, supported by rising wages, consumption, and corporate spending while facing risks from global economic slowdowns.