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Fitch affirmed Australia's long-term foreign-currency issuer default rating at AAA and kept the outlook stable. The agency cited strong institutions, a wealthy economy and policy credibility, while noting higher debt and borrowing costs than AAA peers.
S-Bank said it will begin redemption proceedings for the remaining minority shares in Oma Savings Bank after increasing its stake to a level that gives it the right to redeem the rest. The bank said it plans to seek a delisting of Oma Savings Bank shares from Nasdaq Helsinki when permitted.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
Outgoing regulatory chief calls for simpler rules to boost capital flows in Australia. This could impact investment decisions.