Author: Charlotte

A Cafemutual analysis of the AAUM data shows that the industry manage AUM of Rs. 12.97 lakh crore in hybrid funds in June 2026. This accounts for nearly 16% of the mutual fund industry’s total AAUM of Rs. 83.12 lakh crore as on June 2026. Among fund houses, ICICI Prudential Mutual Fund is the largest player in the hybrid space, managing Rs. 2.88 lakh crore in hybrid AAUM. The fund house has Rs. 32,923 crore in arbitrage funds, Rs. 4,765 crore in solution-oriented schemes and Rs. 2.50 lakh crore in hybrid funds. Hybrid assets constitutes 25.8% of its overall AAUM…

Bitcoin (BTC-USD) opened at $64,487.65 on Tuesday, August 18, 2026, 2.7% higher than Monday’s opening price. As of 9:19 a.m. ET this morning, the price of bitcoin moved down to $64,080.23 Ethereum (ETH-USD) opened at $1,911.89 on Tuesday, August 18, 2026, up 2% from Monday’s opening price. The price of ethereum moved lower this morning to $1,895.37 as of 9:19 a.m. ET. Bitcoin and ethereum prices fell Tuesday morning as the Middle East conflict continues without an apparent end date. Both cryptocurrencies are down since the war began in late February. Bitcoin has dipped 4.4% and ethereum has fallen 5.7%.…

Home/News Feed/Binance delists six tokens from spot trading starting August 17, 2026, with withdrawals allowed until October 17.On August 17, 2026, Binance will remove all spot trading pairs for six tokens: Across Protocol (ACX), Hashflow (HFT), PIVX, Vulcan Forged (PYR), Vanar (VANRY), and Viction (VIC). Trading will cease at 03:00 UTC, deposits will no longer be credited from August 18, and withdrawals will be supported only until October 17. Investors must decide whether to sell their holdings before the deadline or withdraw tokens to another wallet or exchange. The delisting reflects Binance’s review framework considering factors like liquidity and regulatory…

President Bill Clinton welcomes Prime Minister Zhu Rongji (left) to the White House on April 8, 1999, in Washington. Zhu, who played a pivotal role in guiding his country toward a market-based economy in the 1990s and subsequently into the World Trade Organization, died Wednesday, Aug. 12, in Beijing. He was 97.Stephen Crowley / The New York Times Source link

Samsung Electronics and SK Hynix have significantly improved their financial soundness as their earnings surged in the first half of this year, driven by soaring sales of High Bandwidth Memory (HBM) and general-purpose DRAM. In just half a year, the two companies increased their cash, cash equivalents, and short-term financial products by nearly 120 trillion won, successfully securing overwhelming financial firepower to gain an upper hand in the global facility investment competition. According to the industry, Samsung Electronics recently disclosed in its semi-annual report that its total cash, cash equivalents, and short-term financial products stood at 189.953 trillion won as…

The Bahraini Dinar is the official currency of the Kingdom of Bahrain, a small island nation located in the Persian Gulf. It plays a crucial role in the nation’s economy, being used in all aspects of economic life, including business transactions, government spending, and individual consumption. The Bahraini Dinar is widely recognized for its high value compared to many other world currencies.The concept of the Bahraini Dinar was first introduced in the late 20th century as a replacement for the Gulf Rupee, which was previously used across several countries in the Gulf region. The switch to the Bahraini Dinar was…

Forecasts for the coming years have also been revised to reflect more cautious and slower growth: – 2027: 2.8% growth (instead of 3.6%) – 2028: 3.2% growth (instead of 4.0%) – 2029: 3.4% growth (instead of 4.2%) Average annual inflation for the current year is projected at 7.3%, and by the end of the year it could accelerate to 8.2%. The ministry also expects that, as the National Bank combats inflationary pressures and domestic demand, growth in household consumer spending will slow sharply to 1.6% (by comparison, this figure was 3.5% last year). The ministry does not forecast a decline…

Cash App’s cryptocurrency service is extending beyond bitcoin BTC$64,076.93 and stablecoin USDC for the first time by being added to crypto payments platform MoonPay.This means eligible U.S. Cash App users will be able to use their balances to purchase a host of other digital assets offered by MoonPay, including ether ETH$1,895.32, solana (SOL), XRP and the largest stablecoin, USDT.Users will also be able to fund wallets on MoonPay through their Cash App balances, including Ledger, BitPay, Trust Wallet, MetaMask and Uniswap, among others.Cash App, the mobile payment service developed by Jack Dorsey’s fintech company Block (XYZ), is one of the…

Munich, Germany-based Life Couriers, a provider of expedited and temperature-controlled logistics services with a core competence in the healthcare sector, has been acquired by private equity firm JLL Partners, the companies announced on Monday. Concurrently, Life Couriers named Edward DeMartini as CEO. DeMartini served until October as CEO of The Quick Group of Companies, a global time-critical logistics and priority transport provider owned by Kuehne+Nagel. Prior to Quick Group, DeMartini was vice president airfreight development at Kuehne+Nagel, where he held a number of leadership roles over 12 years. His experience at Quick (Quick Logistics, QuickSTA and Sterling) supporting the pharma,…

Why largecaps saw outflows  One key reason for profit-booking in largecap funds was recent performance. “Investors rotated towards midcaps and smallcaps, where earnings growth and recent returns have been stronger,” says Bharat Lahoti, president & co-head, factor investing, Edelweiss Mutual Fund.  Investors often gravitate towards the segment that has stronger momentum.  Foreign institutional investors (FIIs) sold largely largecap stocks over the previous few quarters, which weighed on sentiment towards this category.  The Nifty 50 has significant exposure to financials, oil and gas, information technology (IT) and fast-moving consumer goods (FMCG), sectors that underperformed for much…