Malaysia kept its benchmark interest rate unchanged as the central bank weighs the effects of a recent easing and growth risks posed by US tariffs https://t.co/5utC2Px2FU ...

🇺🇸 UPDATE: Markets see a 97.6% chance of a Fed rate cut. https://t.co/bWpUN9GDeg ...

Global currency and interest-rate markets are heading into a massive change as rising Japanese yields are luring domestic investors to park their money at home at the expense of holding foreign assets, according to RBC Capital Markets https://t.co/AENg7jbzCy ...

JUST IN: 🇺🇸 Fed Governor Waller says he favors 'multiple' interest rate cuts in the coming months. ...

BREAKING: 🇺🇸 PRESIDENT TRUMP SAID WE NEED A VERY SERIOUS RATE CUT. ...

Hong Kong’s overnight interest rate slid by the most since May as a pullback in local stocks dampened demand for short-term funding https://t.co/cmbcFz3xxf ...

Core Viewpoint - Guiyang Bank's performance continues to be under pressure due to declining interest rates and bond market volatility, resulting in a decrease in both revenue and net profit for the first half of 2025 [1][3][4]. Financial Performance - In the first half of 2025, Guiyang Bank achieved operating income of 6.5 billion yuan, a year-on-year decrease of 12.22% [1][3]. - The net profit attributable to shareholders was 2.474 billion yuan, down 7.2% year-on-year [1][3]. - This marks the continuation of a downward trend in revenue and net profit for two and a half years since 2023 [3]. Revenue Breakdown - Net interest income for the first half of 2025 was 4.92 billion yuan, a decrease of 15.26% year-on-year [4]. - Non-interest income was 1.58 billion yuan, a decline of 1.22% compared to the previous year [4][5]. - The bank's fee and commission income increased by 5.7% to 191 million yuan [5]. Asset Quality - As of June 30, 2025, the non-performing loan (NPL) ratio was 1.70%, an increase of 0.12 percentage points from the beginning of the year, the highest level since the bank's listing [7][8]. - The NPL ratio for loans to the real estate sector rose from 1.05% at the end of 2024 to 1.75% [8]. Loan and Deposit Growth - Total assets reached 741.54 billion yuan, an increase of 5.08% from the beginning of the year [7]. - Total loans amounted to 343.46 billion yuan, growing by 1.27% [7]. - Total deposits were 433.77 billion yuan, up 3.47% from the start of the year [7]. Operational Efficiency - The bank managed to reduce operating costs, with business and management expenses decreasing by 4.53% to 1.754 billion yuan [5]. - Employee wages and benefits decreased by 2.68% to 1.17 billion yuan [5].

Economic Policy & Geopolitics - Central bankers, interest rate speculation, and a surprise Trump threat are key factors discussed [1] - The discussion takes place at Jackson Hole [1] Market Analysis - "Money Talks" covers the intersection of economics, finance, and politics [1]

Inflation & Economic Indicators - Personal Consumption Expenditures (PCE) index came in line with expectations [1] - University of Michigan sentiment data metrics went lower [3] - Data on income spending and real spending was pretty good [4] Bond Market Analysis - Two-year note yields are decreasing due to expectations of a Federal Reserve (Fed) meeting and anticipated rate cut [3][4] - The chance of a 25 basis points cut in September is close to 90% [3] - Long end yields are influenced more by economic data than inflation [4] - Steepening of the twos-10 spread suggests the Fed is likely to ease, and the long end is positive about the economy [5] Treasury Market Volatility - Treasury market volatility is at its lowest level in four years [6] - The ranges of yield movements are getting smaller, and close-to-close values are getting tighter [6]

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Ally Canal. Let's get to the three things you need to know today.First up, US stock futures in the red and little change following the latest read on inflation. The Fed's preferred inflation gauge core PCE coming in line with estimates both month overmonth and year-over-year. Still, the core figure came in at 2.9%.That's well above the Fed's 2% target. Meanwhile, Fed Governor Christopher Waller calling again for lower rates, saying he would su ...