ECB publishes indicative operational calendars for 2028

In The Theory of Moral Sentiments, Adam Smith explains that we want to establish a “mutual sympathy of sentiments.” We want people to agree with our views, and we want to agree with their views. Smith first expanded on this idea—that we are constantly searching for ways to cooperate with one another—in The Theory of…

Home Awards Award Winners Best Sub-Custodian Banks 2026: Asia-Pacific Global Finance honors the financial institutions modernizing sub-custody. Asia-Pacific DBS BANK Ee Fong Soh, DBS Bank The winner in the Asia-Pacific region as well as the country winner in India, Indonesia, and Singapore is DBS Bank, reflecting the bank’s strong market leadership, consistent service quality, and deep…

Eli Lilly (LLY -1.06%) and Novo Nordisk (NVO -8.71%) are far and away the heavyweights in the global market for GLP-1 drugs, which effectively treat both type 2 diabetes and obesity. And that market is exploding, particularly for obesity drugs. The global market for obesity medicines reached $66 billion in 2025. Bloomberg predicts it will…

Jakub Porzycki | Nurphoto | Getty Images Shares of adtech giant AppLovin tanked 17% on Thursday following a second-quarter revenue miss. Here’s how the company performed compared with Wall Street’s expectations, according to LSEG estimates: Earnings per share: $3.76 vs. $3.76 expected Revenue: $1.92 billion vs. $1.94 billion expected In the earnings call Wednesday, CEO…

US President Donald Trump arrives for a luncheon in the Rose Garden of the White House in Washington, DC, US, on Monday, July 6, 2026. Shawn Thew | Bloomberg | Getty Images President Donald Trump is headed to Turkey for a summit of the North Atlantic Treaty Organization, as the alliance is squeezed by Russia’s…