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Finance & Markets

Banks Start Reviewing Clients’ Loan Terms as El Niño Builds

Banks whose clients are exposed to the super El Niño cycle building in the Pacific Ocean are now assessing loan structures and loss risks, with debt rescheduling among options being considered. Spain’s Banco Bilbao Vizcaya Argentaria SA, which aside from …

Banks Start Reviewing Clients’ Loan Terms as El Niño Builds

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

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Apple earnings beat expectations, but rising chip costs worry investors

Better-than-expected results from Apple for the last quarter of the company’s fiscal year 2026 were overshadowed by rising memory chip costs and a forecast for slower services growth.

  • Apple earnings beat expectations with 12% revenue growth to $114.5 billion
  • Chip cost concerns cause 3% drop in shares after hours trading
  • CEO John Ternus highlights recovery in Greater China with 21% revenue growth

KB Kookmin Bank Leads W12.60 Trillion GPU Financing

KB Kookmin Bank has secured the mandate to arrange financing and has stepped forward as the lead arranger for an AI computing infrastructure construction project worth about W12.60 trillion (about…

  • KB Kookmin Bank leads W12.60 trillion GPU financing project
  • Brookfield spearheads inaugural GPU financing deal in Korea
  • W10.70 trillion in loans raised, largest syndicated loan in Korea's history

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