News

格隆汇 March 19｜Morgan Stanley released a research report stating that Standard Chartered Group had an encouraging start to 2026, with business trends in the first quarter continuing last year's strong momentum. The wealth management business has performed robustly so far this year, and the momentum of net new fund inflows remains intact. Looking ahead to 2026 and beyond, even in a highly volatile environment, management feels confident maintaining credit costs for the entire cycle at 30 to 35 basis points. In corporate, financial institutions, and commercial banking, Standard Chartered's strategy remains focused on distribution-led business and large international enterprises. In corporate and investment banking, the focus continues to shift towards affluent clients and wealth management, while reducing exposure to unsecured consumer loans. All of this supports confidence in the long-term quality of credit.

Golden Ten Data reported on March 19 that this month, Asian buyers have purchased large quantities of US oil, marking the largest scale in three years. According to traders, a series of recent purchases have brought the total volume of US crude oil shipped to Asia in April to about 60 million barrels. Data from Kpler and Vortexa show that this is the highest monthly level since April 2023. As the world's largest oil producer, the US is one of the beneficiaries of this surge in demand and price increases. Traders said that some of these cargoes are priced about $18 per barrel higher than the Dubai benchmark oil price, but the sharp fluctuations in the benchmark this week have complicated the pricing process. In contrast, similar transactions last month before the war carried a premium of $5 to $6 per barrel over the Dubai benchmark. However, this oil cannot provide a quick solution to Asia's current crisis, as cargo shipped from the US in April usually takes about two months to reach its destination. The figure of 60 million barrels may continue to rise, as the window for purchasing US oil shipped in April will remain open for some time.

Golden Ten Data reported on March 19 that this month, Asian buyers have purchased large quantities of US oil, marking the largest scale in three years. According to traders, a series of recent purchases has brought the total volume of US crude oil shipped to Asia in April to about 60 million barrels. Data from Kpler and Vortexa show that this is the highest monthly level since April 2023. As the world's largest oil producer, the US is one of the beneficiaries of this surge in demand and rising prices. Traders said that some cargoes were priced about $18 per barrel higher than the Dubai benchmark, but this week's significant fluctuations in the benchmark have complicated the pricing process. In contrast, similar pre-war transactions last month had a premium of $5 to $6 per barrel over the Dubai benchmark. However, this oil cannot provide a quick solution to Asia's current crisis, as cargoes shipped from the US in April usually take about two months to reach their destination. The figure of 60 million barrels may continue to rise, as the window for purchasing US oil shipped in April will remain open for some time.