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KFintech Q2 Results: Revenue Up 30% as InPro AML Platform Expands
KFin Technologies, better known as KFintech, has reported a strong second quarter. The KFintech Q2 results, declared on 26 October 2026 for the quarter ended 30 September 2026, show revenue up almost 30% year on year, powered by fast-growing international business and a steady stream of new client wins. At the same time, the company’s…
Shum Chun-ying, Hong Kong’s “Master Shum”, Dies at 65
Hong Kong stock commentator Shum Chun-ying, known to a generation of retail investors as “Master Shum”, has died at the age of 65. His younger sister, Shum Chun-shan, confirmed the news in an obituary issued on 25 October, a day after Shum Chun-ying collapsed on a street in Wan Chai and died at Ruttonjee Hospital….
Gen Z’s Retreat from Wohneigentum: Why Home Ownership Is Slipping Out of Reach in Germany
Wohneigentum — German for home ownership — is the word Germany’s property debate is rallying around this week, after new research showed the dream of owning a home is slipping further from young Germans’ reach. The findings, from mortgage broker Interhyp’s annual Wohntraumstudie, show that gen z homeownership in Germany is not just expensive: for…
Australia’s Debt Surge: Why Households Are Feeling the Squeeze at 4.6%
Australian household debt is trending for an uncomfortable reason: borrowers are now carrying the heaviest debt-servicing load since the late 1980s, even though official interest rates are less than a third of what they were back then. The Reserve Bank of Australia (RBA) has lifted the official cash rate to 4.60 per cent — its…
Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
The Numbers Behind the Great Cash Shift The headline figure from the Bank of Japan is striking. The cash-and-deposits share of Japanese household finances has fallen to 44.6%, a record low, down from 53.7% at the end of 2022 — a 9.1-point slide in just three and a half years. Meanwhile the equity share has…
China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…
US Budget Deficit Hits $2 Trillion in 2026
The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
CBA Boss Comyn: House Prices Won’t Bottom Until Well Into 2027
CBA CEO Matt Comyn says Australia’s housing market correction is halfway done and will extend well into 2027. National property prices down 5.2% since March peak.