Mizuho Bank

Honda and Nissan, two of Japan’s largest car manufacturers, have announced their intention to merge, forming a giant that will claim the third spot globally in terms of sales.

Türkiye's DenizBank secured $2.3 billion in financing through three separate syndicated loans in 2024, marking the highest syndicated loan volume in the country's banking sector for the year.

The third syndication loan of the year was finalized with the participation of 54 financial institutions from 23 countries, garnering 139 percent oversubscription, the bank said in a statement.

Markets fell in Asia and Europe on May 23 , tracking a sell-off on Wall Street sparked by a string of better-than-expected U.S. data that added to worries the Federal Reserve will hold off on cutting interest rates this year.

Traders in markets are looking ahead to the Federal Reserve's summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation.

Fed officials have used the Jackson Hole, Wyoming, conference in previous years to indicate changes in policy direction.

Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears, reported Bloomberg. The battle now is over not whether May loses, but how badly.

The euro hit its lowest level against the US dollar in more than 11 years on Monday following the victory of radical left SYRIZA party in Greece's elections that has ignited fears the country might exit the eurozone.