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DataLend: 2024 Securities Lending Revenue Down 10% YoY to $9.64 Billion

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Lending revenue dips against backdrop of record-high indices

NEW YORK, Jan. 3, 2025 /PRNewswire/ — The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 10.3% decrease from the $10.74 billion generated in 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $2.57 billion in revenue for 2024, a 9.9% decrease from 2023.

Equity lending revenues fell 13% globally, with North America revenue declining 15% and EMEA revenue dropping 24%. In North America, the cause for the revenue decline was a 19% decrease in average fees, while in EMEA, fees and balances decreased 16% and 11%, respectively. Equity lending revenues in APAC were largely flat year-over-year.

Global sovereign debt revenue increased by 8% over 2023, with U.S. treasuries making up the lion’s share of the gains. Treasuries were up 16% year-over-year, driven by a 14% growth in balances.

In corporate debt lending, global revenue declined by 21% as a regression from a record 2023 continued. Fees were the main culprit, with a steep 29% decrease driving the year-over-year decline in revenue.

The top five earning securities in 2024 were Sirius XM Holdings (SIRI US), Lucid Group (LCID US), Beyond Meat Inc. (BYND US), Tempus AI Inc. (TEM US) and Trump Media & Technology Group (DJT US). The five securities in total generated $644 million for lenders over the course of 2024, a significant dip from the $1.11 billion generated by 2023’s top five earners.

Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA <GO> or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.

About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com 

About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. EquiLend has offices in North America, EMEA and Asia-Pacific and is regulated in jurisdictions around the globe. www.equilend.com

 

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Agoda Unveils South Korean Travelers’ Top Domestic and International Destinations for Chuseok Holiday

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– Fukuoka, Tokyo, Osaka, Da Nang, and Nha Trang topped overseas destinations, while Jeju, Busan, Seoul, Sokcho, and Gyeongju led domestic hotspots  

SEOUL, South Korea, Sept. 6, 2026 /PRNewswire/ — With the Chuseok holiday around the corner, South Korean travelers are already making plans to make the most of the four-day break. According to digital travel platform Agoda, accommodation searches for international and domestic destinations have increased by 38% and 160%, respectively, compared to two weeks before the holiday period.

Based on accommodation searches made by South Korean travelers between May to mid-August 2026, Agoda found that Japanese destinations dominated the list of the most-searched overseas destinations for the Chuseok holiday. Fukuoka ranked first, followed by Tokyo and Osaka. Beyond Japan, Vietnamese destinations also proved popular, with Da Nang and Nha Trang rounding out the top five. The findings highlight South Korean travelers’ continued preference for short- and mid-haul destinations, where they can enjoy a combination of cultural experiences and seaside leisure.

Due to its proximity to South Korea with an average flight time of just 1.5 hours from Seoul, Fukuoka is one of the most accessible Japanese destinations for South Korean travelers. The destination is expected to become even more accessible with Eastar Jet’s expanded services on the Incheon–Fukuoka route through October 24, and the Busan–Fukuoka route from August 29 to October 24, covering the Chuseok holiday period.

For those making travel plans closer to home, Jeju ranked as the most-searched domestic destination, with a 131% increase in travel interest, followed by Busan (147%), Seoul (64%), Sokcho (324%), and Gyeongju (222%). Sokcho, which recorded the strongest growth in search interest among the top 5 domestic destinations, saw tourism expenditure by South Korean travelers increase by 8.2% year-on-year in the first half of 2026, according to the Korea Tourism Organization. The high growth in interest in Sokcho’, driven by its diverse mix of mountains, beaches, lakes, culinary experiences and cultural attractions, suggests that the destination could see continued visitor demand through the second half of the year, including during the Chuseok holiday period.

Gyeongju, which ranked fifth, continues to attract South Korean travelers with its historic sites and rich cultural heritage. The city’s appeal could be further boosted by expanded KTX and KTX-Eum services scheduled to begin in September, offering travelers improved rail connectivity during the autumn travel season.

Alex Park, Country Director, South Korea at Agoda shared, “As the Chuseok holiday approaches, South Korean travelers are showing strong interest in nearby destinations, with domestic travel seeing particularly strong demand. As a global travel platform, Agoda is committed to supporting travelers with diverse preferences by offering great deals on flights, accommodation, and activities, whether they are looking to explore destinations overseas or closer to home.”

As South Korean travelers finalize their Chuseok holiday plans, Agoda continues to offer a seamless booking experience across more than six million holiday properties, 130,000 flight routes, and 300,000 activities worldwide. To find the best deals for autumn travel to Asia and beyond, visit Agoda.com or download the Agoda mobile app. As part of Agoda’s August Mega Sale, travelers can enjoy up to 60% off on hotel bookings during the main sale through 31 August.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agoda-unveils-south-korean-travelers-top-domestic-and-international-destinations-for-chuseok-holiday-302867025.html

SOURCE Agoda

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TECNO Wins Two IFA Global Product Technology Innovation Awards for Modular Phone and Tonino Lamborghini TECNO TAURUS

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BERLIN, Sept. 5, 2026 /PRNewswire/ — TECNO, a global AI-driven innovative technology brand, achieved two IFA Global Product Technology Innovation Awards at IFA 2026:

Tonino Lamborghini TECNO TAURUS took the Miniaturized Gaming PC Technology Innovation Gold Award, standing out with its Italian aesthetics and exceptional performance in the compact body. The TECNO Modular Phone was honored with the Ultra-Slim Magnetic Modular Technology Innovation Gold Award, praised for its ultra-slim craftsmanship and unique modular magnetic technology.

These awards once again demonstrate TECNO’s sustained breakthroughs in product innovation and industry-leading craftsmanship in design excellence. The Global Product Technology Innovation Awards were established in 2014 by IDG, IFA, and DIHK to celebrate excellence across the global consumer electronics industry. The awards honor products that set new industry benchmarks and drive innovation through intelligent technology and user-centric design.

TECNO Modular Phone: The World’s Thinnest Modular Smartphone

At just 4.9mm, the TECNO Modular Phone is powered by proprietary Modular Magnetic Interconnection Technology. It combines a precision magnetic array with pogo-pin connectors, offering a flexible ecosystem for different needs. The host retains a 3000–4000mAh battery, while modules draw power directly for a snap-and-go experience. It also resolves the inherent conflict between rising AI computing demands and limited device space.

The technology has earned over 20 accolades from leading media, with CNET and Yanko Design naming it the Best of MWC 2026, and The Verge recognizing it as the Best Mobile Tech at MWC 2026.

Tonino Lamborghini TECNO TAURUS: One of the World’s Smallest Water-Cooling Gaming Mini-PCs

At around 6.36 liters, the panoramic transparent chassis of the Tonino Lamborghini TECNO TAURUS fuses iconic Italian design with raw engineering. Powered by the Intel® Core™ i9-13900HK and NVIDIA® GeForce RTX™ 5060 (614 AI TOPS, 145W TGP, DLSS 4), it achieves the pinnacle of performance, providing a high-fidelity gaming experience and high-efficiency AI workstation. The water-cooling system sustains peak frequencies, while 15 ports and WiFi 6E deliver connectivity. It was recognized with Yanko Design’s Best of MWC award.

In addition, TECNO made waves at IFA with the Next-Gen Bezelless Concept Phone featuring a revolutionary 0mm screen bezel, and the convertible laptop MEGABOOK T15 360 Pro. Relentlessly pushing the boundaries of design, performance, and AI innovation, TECNO is pioneering limitless possibilities for futuristic technology.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/tecno-wins-two-ifa-global-product-technology-innovation-awards-for-modular-phone-and-tonino-lamborghini-tecno-taurus-302870739.html

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Morpho UV Printer Unveiled at IFA with Hands-On Live Creation

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BERLIN, Sept. 5, 2026 /PRNewswire/ — Morpho, a company specializing in UV printing technology, is showcasing its first desktop UV printer at IFA 2026, Hall 17-196. Visitors are observing Morpho’s colorful, textured prints, and some have the opportunity to print on a range of blank materials provided.

Morpho’s desktop UV printer can print on a wide range of materials, including wood, glass, leather, metal, and more, delivering vivid colors and tactile textures for customized results. At IFA 2026, the booth attracted interest from creators, educators, and technology professionals, who gathered to watch live demonstrations.

Among those who have tried Morpho’s printer, three aspects are most frequently highlighted: print quality, the moving gantry design, and overall ease of use.

Visitors are first drawn to the prints, which feature precise color reproduction and finely detailed textile textures. With G7 Master ColorSpace certification, Morpho ensures consistent tones across different pieces. The same level of precision is evident in the raised textures created by the industrial-grade printhead, which builds fine layers of ink for detailed, tactile surfaces. The printhead maintains fast carriage motion speeds of up to 600mm/s while preserving precise detail.

Attendees have also noted the printer’s compact desktop footprint. With its moving gantry architecture—where the entire gantry moves along both axes—the printer offers a large, fully enclosed print chamber that accommodates various objects while remaining desktop-friendly.

First-time users have given positive feedback on Morpho’s usability. The integrated Stereo Vision Smart Alignment™ System quickly captures an object’s height and contours, while Morpho Studio’s guided workflows help users move from idea to print with minimal setup.

Morpho’s team shared that the program has been in development for several years, with the goal of making UV printers a practical tool for everyday creative use. Founder Mingyu “Brett” Wang, formerly Global VP of R&D at DJI, commented, “We communicate directly with our community, listen to feedback, and make fast improvements.”

Ahead of IFA, Morpho’s Kickstarter campaign surpassed $10 million in support from over 2,800 backers worldwide. The company is committed to further developing its proprietary core technology and delivering reliable engineering for creators, makers, and small businesses.

Visit Morpho’s website to learn more.

About Morpho: Morpho develops desktop UV printers that bring industrial-grade printing and coloring to everyday materials, enabling creators to turn almost any physical surface into a canvas for their ideas.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/morpho-uv-printer-unveiled-at-ifa-with-hands-on-live-creation-302870741.html

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