The combined company will draw on the respective experience and capabilities. Credit: PT Danantara Asset Management. Indonesia’s PT Danantara Asset Management has signed a share purchase agreement (SPA) covering stakes in the four state-owned investment management firms. The firms include PT Mandiri Manajemen Investasi (MMI), PT BRI Manajemen Investasi (BRI MI), PT BNI Asset Management […]
Wise, the London-founded cross-border payments group, has had its application for a US national trust bank charter rejected by the Office of the Comptroller of the Currency (OCC), dealing a blow to the fintech’s American expansion ambitions. Wise shares fell as much as 10-11% in London trading following the announcement, before paring some losses. The […]
China’s resilience in the face of the U.S.-Iranian conflict has one strategist saying that gold will be the big winner and the U.S. dollar the loser from the revolution in the world order.
The housing market’s gradual thaw slowed at the start of the year, as nearly half of all outstanding mortgages remained locked in at rates of 4% or lower. In the first quarter of 2026, the share of mortgages with ultralow COVID-19 pandemic-era rates of 3% and below registered at 19.5%, barely budging from the end […]
This Tracker gives CFOs and operations leaders a practical framework for quantifying what slow, check-dependent disbursement infrastructure actually costs. That cost shows up as capital tied up in transit, recipients who lose patience, staff hours spent on manual repair and customers that a faster competitor reaches first. Most finance leaders can quote what their disbursement […]
The June Consumer Price Index offered some good news: inflation dropped to 3.5%, driven by lower oil and gas prices. However, that state of affairs is unlikely to last, especially as tensions in the Middle East are heating up again, suggesting the U.S. isn’t free from the elevated inflation cycle just yet. In a recently […]
Jefferies raises AMD stock price target on AI momentum
London is now the only region of Britain where house prices continue to trend downwards, according to analysis by House Buyer Bureau. The property firm said the average home in the capital is forecast to lose almost another £5,000 in value before the end of the year, should current market conditions persist. House Buyer Bureau […]
Higher-for-longer interest rates and ongoing market uncertainty have made SMID cap investing more difficult—and more interesting. The potential upside for this asset class is hard to ignore, and in this environment, an active approach like that offered by Baron SMID Cap ETF (BCSM) is more relevant than ever. BCSM is managed by veteran stock pickers […]
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images U.S. President Donald Trump said he will soon make a decision on whether to launch a “massive attack” on Iran after the conflict in the Middle East extended […]