Prime Financial FY26 slides: revenue jumps 22%, recurring income hits 85%

A new report finds global fintech revenues topped $504 billion as sector growth outpaced traditional finance. This article appears in the July/August issue of Global Finance Magazine. A shift in sentiment is underway in the global fintech sector. Two years ago, the industry was still recovering from the post-pandemic fintech reset, which brought capital shortages, plunging…

A Commercial Aircraft Corp. of China (Comac) C919 aircraft under assembly at the Comac Shanghai Research and Development Center on May 4, 2017. Bloomberg | Bloomberg | Getty Images China’s homegrown C919 passenger jet departed on its first scheduled international commercial flight Wednesday, marking a milestone in Beijing’s push to develop an alternative to Boeing…

The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 30, 2026. South Korean technology giant Samsung Electronics posted on July 30, a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jung Yeon-je / AFP via…

Genesis GV90 Courtesy Genesis SAN FRANCISCO — Hyundai Motor’s newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90. The up to seven-seat EV features a new design direction for Genesis and expands the luxury brand’s lineup to seven vehicles in the U.S., as Hyundai continues to grow its sales domestically. The…

UAE halts all trade and financial dealings with Iran, MoFA official says !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}