Earnings call transcript: Shawbrook posts strong H1 2026 growth and holds guidance

Tariffs raise the prices of goods made at home, not just the imports they tax—an effect that standard pass-through estimates largely miss. Studying the 2025 U.S. tariffs, we find that about 26 percent of the tariff increase passes through to consumer prices. These estimates are measured relative to less-exposed goods and hold aggregate conditions fixed….

Commerzbank reports that South Korea’s advance Q2 GDP rose 0.6% quarter-on-quarter and 3.7% year-on-year, beating expectations. Robust AI-related semiconductor demand and resilient domestic spending underpin growth. The strong data support prospects of a further 25bp Bank of Korea hike in August. USD/KRW fell to 1,475, with the Won aided by portfolio inflows into bonds and…

Alaska, Norway, and Chile recognized the economic and political risks that accompany commodity booms and established sovereign wealth funds to preserve their resource revenues. Argentina’s hydrocarbon- and lithium-rich provinces should learn from their experience. BUENOS AIRES—Argentinian President Javier Milei has launched a reform program inspired by the free-market economist Friedrich Hayek, at the heart of…

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.05 during the early European trading hours on Friday. WTI tumbles as traders book some profits. However, the potential downside might be limited as the escalating conflicts in the Middle East reignite fears over global energy supplies. The US Central Command (CENTCOM) said on Friday that…

’Miracle on the Hudson’ pilot has early-stage Alzheimer’s disease