Author: Charlotte

The Asian Development Bank (ADB) has approved a $230 million loan to modernise and expand Chennai’s water supply and sanitation infrastructure, a project expected to benefit about 4.5 million residents across the Greater Chennai area.The project includes the construction of more than 170 km of water supply and sewer pipelines, the upgrade of seven water pumping stations and 38 sewer pumping stations, and measures to strengthen the management of water utility assets and operations through performance-based contracts, the ADB said on Friday.The multilateral lender said Chennai will become the first Indian city to implement a comprehensive ring-main water distribution system,…

The Bank for International Settlements published its Annual Economic Report on June 23, with a dedicated chapter arguing that stablecoins lack the fundamental monetary properties required to function as reliable payment instruments. The core problem, according to the BIS, is something called “singleness,” which is the ability to be redeemed at par with central bank money. Chapter III of the report, co-authored by Frank Smets and Gaston Gelos, lays out a methodical case against the current architecture of stablecoins. Gelos, who serves as the BIS Deputy Head of the Monetary and Economic Department, put it bluntly in a Reuters podcast:…

When the U.N. released its latest index of “happiest countries,” it probably came as no surprise to Bernie Sanders and Alexandria Ocasio-Cortez that all of the Scandinavian countries finished in the top ten. They often cite them as models for their far-left policy prescriptions. Sanders doesn’t point to China, Cuba, or Venezuela when pushing his vision for America, but to Denmark. Surveying its spacious safety net and liberal benefits such as free education and universal health care, the socialist senator says enthusiastically, “We can learn a lot from Denmark.” Ocasio-Cortez agrees. As the unofficial head of the House’s Progressive Caucus,…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

News | Funds | Large funds (€1bn+) Stephanie Ball | 3 July 2026 The fund reached $3.3bn in commitments at final close and a further $500m in sidecar vehicles, Kenneth Binick, managing director and co-head of direct equity investments for Hamilton Lane, told Real Deals Become a Real Deals subscriber Access to breaking deal, fundraising, regional and sector news, commentary, analysis and interviews Never miss a deal with exclusive access to the Real Deals Database Unrestricted access to your ‘Ask Real Deals’ AI assistant Multi-user Professional and Enterprise packages available Top Stories Source link

After a long stretch of crypto market where memecoins dominated attention, traders are pivoting toward utility tokens with clear use cases. This happens because the market mood in 2026 is different, with tighter liquidity and struggling prices. In a weaker market, capital tends to move beyond speculation toward projects that can explain why they should exist. And that’s what utility tokens shine at. Contents1.📎What Are Utility Tokens?2.🔷Why Memecoins Dominated the Last Cycle3.🟠Why the Memecoin Trade Is Losing Momentum4.🧩Why Capital Rotates Toward Utility Tokens5.🎯Why Institutions Prefer Utility Over Memes6.🎯Why Memecoins Will Not Disappear7.💡What Makes a Strong Utility Token?8.📖What Makes a Weak…

Is CBRE a good stock to buy? We came across a bullish thesis on CBRE Group, Inc. on R. Dennis’s Substack by OppCost. In this article, we will summarize the bulls’ thesis on CBRE. CBRE Group, Inc.’s share was trading at $134.69 as of June 30th. CBRE’s trailing and forward P/E were 30.75 and 18.32 respectively according to Yahoo Finance. 8 Best Real Estate Stocks to Buy Beyond REITs Photo by RDNE Stock project on Pexels CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States and internationally. CBRE is shown in an institutional volatility-income…

Private Equity Holding AG: Shareholders of Private Equity Holding AG approve all proposals by the Board of Directors TradingView Source link

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Friday claimed that the American economy was “soaring”, pointing to record stock market performance, rising exports, increased investment and tax cuts as signs that the country had entered a new period of economic growth.In a post on his Truth Social platform, Trump said the latest quarter had been the strongest for US markets since his previous term in office. He highlighted gains in the S&P 500, Nasdaq and Dow Jones Industrial Average, saying the rally was boosting Americans’ retirement savings.”The Trump Economy is soaring!” Trump wrote.…

Dubai, UAE: Alternative investments across the GCC are entering a more institutional phase, driven by growing participation from family offices, private wealth platforms, sovereign investors and international capital. Governance, transparency, and long-term value creation are increasingly becoming as important as investment returns, according to Dr. Amit Goenka, Chairman and Managing Director of Nisus Finance. For years, alternative investing in the region was shaped largely by transaction-led opportunities and high-yield individual deals. Investors are increasingly looking beyond isolated assets and seeking professionally managed platforms with disciplined underwriting, regulatory oversight, robust reporting standards and strong alignment between investment managers and capital providers.…