Stories tagged “Finance.”
30 stories
Centricity has secured ₹280 Cr (approximately $29 Mn) in a funding round led by SMBC Asia Rising Fund, aiming to enhance its wealthtech platform and expand its B2B2C distribution, private wealth, and NRI client businesses.
Copper Markets (US) Inc. has secured a regulated presence in the US by becoming an SEC-registered broker-dealer and a FINRA member, enabling it to offer institutional crypto custody and trading services.
Uber's fundamentals are improving, but the stock is underperforming. The company's delivery services are driving growth, and its top competitor, DoorDash, carries a much higher valuation.
Stock Markets Seek New Highs with Stable Oil Prices
Global stock markets are rallying towards new highs, driven by a moderate US inflation report that has eased concerns about an imminent Federal Reserve interest rate hike. European indices, including the Ibex 35, are showing positive gains.
The U.S. dollar-Chinese yuan has become the most-traded currency pair in Hong Kong, surpassing the Hong Kong dollar-U.S. dollar for the first time in April, the financial hub's Treasury Markets Association said.
Lovable, a Stockholm-based software creation platform, secured $400 million in Series C funding, valuing the company at $13.3 billion, with Tencent among the new investors.
More than 2.4 million Singaporeans will receive S$400 to S$600 from Sep. 9 under an enhanced cost-of-living special payment.
The Artisan International Value Fund rose 12.91% in Q2, outperforming the MSCI EAFE Index. The fund's exposure to Samsung Electronics contributed significantly to its return.
A single ticket sold in Illinois won Wednesday’s $1.04 billion Powerball jackpot. The winner can take about $450.5 million before taxes as a lump sum or choose annuity payments over 29 years.
Brazil's data protection agency ordered Discord to suspend livestreams after a teenager's suicide linked to the platform. Authorities criticized Discord for failing to protect minors from harmful content during livestreams, prompting the agency to demand protective measur…
A single Illinois ticket won the $1.04 billion Powerball jackpot after 44 drawings without a winner.
Metaplanet CEO Simon Gerovich clarified that a recent transfer of 5,014 BTC ($322 million) was a routine custody operation, not a sale, confirming the company's Bitcoin holdings remain at 43,000 BTC.
A Chinese company, Yangtze Memory Technologies, has taken third place globally in shipments of NAND memory chips, beating out US rival Micron and Japan's Kioxia, according to Counterpoint Research.
An Australian Securities Exchange (ASX) shareholder, Rosherville Pty Ltd, plans to seek Federal Court permission to sue former ASX officers and directors over alleged breaches of duty related to its abandoned blockchain-based CHESS overhaul.
Grayscale asserts that Bitcoin's adoption is poised for continued growth, irrespective of its current price fluctuations, citing three key drivers.
Cognition is reportedly discussing a new round that could value it at $40 billion, up from $26 billion in May. The startup says Devin is gaining enterprise use and has big-name customers.
VideoVerse’s $250 million sale to Minute Media has unraveled into lawsuits, with investors and lenders alleging fraud and forged documents.
ClearJet raised a $25 million Series B to expand its AI-enabled, asset-light cargo network across U.S. air routes.
Sterling today: Pound gains as dollar softens on in-line U.S. CPI
The British pound and euro strengthened against the U.S. dollar after July's U.S. inflation data met forecasts, reducing expectations for an immediate Federal Reserve rate hike.
Fitness and wellness startup funding topped $3.6 billion in H1 2026, helped by a few huge rounds. Investors now favor AI, data, and recurring software over big hardware bets.
Fenway Sports Group is nearing a £1.35bn deal to sell a 30% stake in Liverpool to a consortium including Jeff Bezos, Eduardo Saverin, and Amit Bhatia.
Guardian analysis listing six additional UK consumer-protection reforms — covering ticket fees, energy direct debits, shrinkflation, contact details, parking fines and insurance renewals — beyond Andy Burnham's announced crackdown.
Solstice Finance launched strcUSX on Solana, a structured product that splits exposure to Strategy's STRC preferred stock into senior and junior tranches targeting 7% and 20%+ yields.
Spot Bitcoin ETFs pulled in roughly $854 million last week, their strongest inflow week since May, while ETH ETFs booked $244M in net inflows.
The UK's Financial Conduct Authority (FCA) is developing new rules for tokenized gold as part of a broader digital asset strategy to maintain London's leading position in global gold trading.
Standard Chartered initiated coverage of Chainlink, projecting its price to reach $200 by 2030, driven by an anticipated $4 trillion in tokenized assets and a 37-fold increase in DeFi deployments.
BoP Set to Issue Rs. 30 Billion Shares to Punjab Government in Major Equity Move
Bank of Punjab plans to issue up to Rs. 30 billion in ordinary shares to the Punjab Government through a non-rights issue, split across two tranches ending by mid-2027.
Stock market professionals are increasingly optimistic about the Eurozone economy, with the Sentix sentiment barometer rising for the fourth consecutive month to its highest level since February.
Was Another 1.2 Million Euro Dividend Paid to Ayuso's Partner or Was There an Accounting Error?
Accounts for Maxwell Cremona, owned by Isabel Díaz Ayuso's partner, show a note about a €1.225 million dividend in 2025, despite insufficient reserves, suggesting an accounting error amidst ongoing legal scrutiny.
Hedge funds on the Chicago Mercantile Exchange (CME) have flipped their bitcoin futures positions to net long, a significant shift after years of maintaining structural shorts.