Author: Charlotte

Bitcoin is attempting to build a short-term recovery after weeks of sustained selling pressure. Although buyers have defended a key support zone, the broader trend remains fragile as price continues to trade beneath major technical resistance levels that must be cleared first to expect a genuine recovery. Bitcoin Price Analysis: The Daily Chart The daily chart continues to reflect a bearish market structure, with BTC trading around $62.1K. The price remains well below both the 100-day and 200-day moving averages, which are now acting as dynamic resistance around the $71K to $75K region. As long as BTC remains beneath these…

The biggest winners of the AI spending bonanza aren’t the companies writing the checks. They’re the ones cashing them. UBS Global Wealth Management research indicates that AI infrastructure stocks, the energy companies, data center equipment makers, and industrial suppliers powering the AI revolution, have outpaced the big tech hyperscalers that are actually deploying the capital. The capital expenditure arms race The numbers driving this shift are genuinely staggering. UBS has raised its global AI capital expenditure forecast to $423 billion for 2025, with projections climbing to $571 billion or more in 2026. Some UBS estimates push the 2026 figure as…

In a setting with skill and preference heterogeneity, we characterize a family of social welfare measures that aggregate fairness gaps, defined as the difference between the money-metric utilities that individuals have and the money-metric utilities they should have in a fair society. Each welfare measure can be decomposed into government revenues (size), excess burden (inefficiency), and unfair inequality (inequity). As a proof of concept, we evaluate four hypothetical earnings tax reforms based on two normative parameters: the degree of unfairness aversion and the degree of compensation for productive skills. Source link

The gap points to two shifts underway in the business development company sector. Retail investors are increasingly realizing that exiting these vehicles takes far longer than getting into them, pushing more to request withdrawals. Meanwhile, fund managers are preparing for an extended stretch of heavy redemptions. Blackstone, which met all redemption requests in the first quarter, has since capped withdrawals at 5% to protect capital for future demand. Requests jumped across most major managers, including Apollo Global Management, Ares Management and BlackRock’s HPS credit arm, all of which had been relatively insulated earlier in the year. Blue Owl, long the…

Key Takeaways India’s central bank demands complete separation between banking and cryptocurrency. Privately issued stablecoins draw heightened concern over payment system risks. Parliamentary review of digital assets resumes following 2020 Supreme Court decision. Central bank cautions that regulatory frameworks may legitimize risky assets. Tokenized financial instruments could receive different treatment than cryptocurrencies. The Reserve Bank of India has urged parliamentary leaders to establish strict boundaries preventing banks and financial institutions from engaging with cryptocurrencies and stablecoins. As India’s Parliament conducts a comprehensive review of digital asset regulations, central bank officials have advocated for a containment framework that prioritizes financial system…

Lady Louise Mountbatten-Windsor was one of more than 600 young people whose gold Duke of Edinburgh’s Award (DofE) achievements were being celebrated with an event at the palace on Friday. This year also marks the 70th year of the award, which was started by Edward’s father Philip in 1956. Edward, who became Duke of Edinburgh following Philip’s death, handed his 22-year-old daughter her certificate during an informal ceremony in the palace’s West Drawing Room. They were accompanied by a group of people who were speaking at the event, including Olympic curler Bruce Mouat and other award recipients. After speaking about…

UTI Money Market Fund leads money-market mutual funds in three-year CAGR returns; delivers 7.4% gain Moneycontrol.com Source link

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting Thursday with a delegation from S&P Global Ratings comprising Yee Farn PHUA, Director, Sovereign Ratings, and Giulia Filocca, Associate Director, Sovereign Ratings, to discuss Pakistan’s sovereign credit profile, macroeconomic outlook, and progress under the Government’s comprehensive economic reform agenda. During the meeting, the Finance Minister highlighted the significant improvement in Pakistan’s macroeconomic fundamentals, emphasizing stronger economic growth, sustained fiscal consolidation, improved debt sustainability, and enhanced external sector resilience underpinned by a pro-growth and fiscally responsible Federal Budget FY2026-27. He noted that prudent economic management, disciplined policy implementation,…

Mekong Capital has launched a climate-focused private equity fund targeting regenerative agriculture in Southeast Asia, Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles – all which are accessible via our mobile platform. Subscribe below or contact customerservice@altassets.net Source link

Awarding creative excellence from across the British advertising community, The Creative Circle Awards have recognised work for by agencies such as BBH London, Wonderhood Studios, VCCP, Leo’s UK, T&P, Havas Creative, Droga5, and Saatchi & Saatchi among many more.Campaigns for organisations such as Tesco, British Gas, Virgin Media, Dolmio, Transport for London, Peta UK, EE, and Waitrose were among the brand working being celebrated from the crop of ads released over the last 12 months.Here’s a look at some of the Gold award winning campaigns for this year.Fatal Question for Street Doctors by Saatchi & SaatchiThis work won a plethora…