Author: Charlotte

Bitcoin dips to $63,900 amid rising oil prices and AI sector selloff pressureBitcoin fell 1.3% to around $63,900 as markets reacted to rising oil prices driven by U.S.-Iran tensions and a recent selloff in Asian AI-related chip stocks. Other major cryptocurrencies like Ether, BNB, XRP, and Dogecoin also saw declines. Brent cr… Source link

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Kismayo, Jubaland State. “When it rained, water entered the stalls. Milk would spoil. Customers hesitated to come.” Hodan Yusuf Abdullahi has sold milk at Dalacada Market in Kismayo, Jubaland for years. She says this matter-of-factly, the way you describe something you have simply learned to live with.Despite its name, it’s not just a milk market — you can buy everything here, from groceries and clothes to kitchenware and camel milk.For the 438 women who trade here, many of them internally displaced, Dalacada is not just a market. It is a livelihood, an identity, and in many cases the single economic foothold…

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China’s quantitative hedge funds just had a week they would rather forget. A global selloff in chip and AI-related stocks cascaded into domestic markets, and the funds built to profit from systematic patterns found themselves on the wrong side of a rapid, painful reversal. The numbers behind the pain Zhejiang High-Flyer Asset Management, one of China’s most prominent quant shops, saw one of its funds drop 15.7% in the week ending July 17, 2026. The firm manages more than 70 billion yuan in assets, roughly equivalent to $10 billion, so a weekly loss of that magnitude is not a rounding…

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With $1.4 trillion in assets under management as of March 31, 2026, Nuveen, LLC is a wholly-owned subsidiary of the Teachers Insurance and Annuity Association of America. It manages a wide range of mutual funds, including both equity and fixed-income funds, and domestic and foreign funds. The company was founded in 1898 by John Nuveen.Nuveen manages assets across a wide range of asset classes and products. Also, it offers financial services to its clients using a multi-boutique structure. The company provides these services through its independent team, comprising Nuveen Asset Management, Winslow Capital and Symphony.Below, we share with you three…

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Bitcoin dips to $63,900 amid rising oil prices and AI sector selloff pressureBitcoin fell 1.3% to around $63,900 as markets reacted to rising oil prices driven by U.S.-Iran tensions and a recent selloff in Asian AI-related chip stocks. Other major cryptocurrencies like Ether, BNB, XRP, and Dogecoin also saw declines. Brent cr… Source link

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Gold slips on COMEX, while silver extends gains Gold prices edged lower on the COMEX commodity exchange in New York, with the price of one troy ounce falling by … Access to paid information is limited Find the plan that suits you best. 1 month subscription Full digital access to all news for 1 month 3 months subscription Full digital access to all news for 3 months -33% 6 months subscription Full digital access to all news for 6 months -36% 1 year subscription Full digital access to all news for 1 year -41% Here we…

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MALAYSIA is often described as having one economy. In reality, it operates through three. Recognising this distinction helps explain why encouraging economic data and public sentiment increasingly appear to move in different directions. Each economy answers a different question, and confusing them risks producing misguided policies, unrealistic expectations and an increasingly disconnected public debate. The first is the Statistical Economy, where success is measured through GDP (gross domestic product) growth, exports, investment inflows and industrial production. It is the economy governments monitor and international institutions compare. The second is the Market Economy, where investors allocate capital according to future expectations…

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