Even a missed jobs report and the Fed talking dovish aren’t keeping yields lower
Palantir Technologies (PLTR +3.44%) took in $1.94 billion of revenue in the second quarter and kept $1.06 billion of it as net income. Out of every dollar the artificial intelligence (AI) software specialist collected, 55 cents dropped to the bottom line. For context, a year earlier the margin was 33%, and it ran at 36%…
Competition in digital banking is intensifying across the Middle East and Africa, as Gulf banks innovate to become customers’ primary financial relationship, African institutions test whether AI can deliver profitable scale, and Bahrain seeks to convert its open banking head start into lasting commercial advantage. Read on to discover why personalisation and embedded services are…
Reverse mortgage rates have fallen across Canada, but the latest cuts were not triggered by the Bank of Canada and were less directly tied to bond-market movements than conventional mortgage rates. In late June, Equitable Bank lowered the 5-year fixed rate on its Flex Lite reverse mortgage from 6.44% to 6.23%. Days later, Bloom Financial…
Georg Fischer H1 2026 slides: order surge drives raised outlook
Average two- and five-year fixed rate mortgage prices are on the brink of hitting 6%, according to the latest Moneyfacts rate watch. The average two-year fixed rate has risen from 5.92% last Friday to 5.96% today, its highest point since late June 2024, while the average five-year fixed rate has increased from 5.94% to 5.98%,…
UPTECH, an institutional financial technology provider, announced today its official participation as an exhibitor at iFX EXPO Asia 2026. The event is scheduled from October 7 to 9, 2026, at the Hong Kong Convention and Exhibition Centre (HKCEC). Located at Booth #17, UPTECH will present its “End-to-End Brokerage Solutions,” demonstrating how its comprehensive technology stack…