Author: Charlotte

Plans for a riverside development have taken a step forward after land for hundreds of new homes was consolidated into the hands of housebuilders.Lewes District Council says it has approved the sale of the North Street Quarter land, which has been earmarked for The Phoenix, a 685-home development by the River Ouse.The land, which was acquired by the council in order to consolidate its ownership, will now be sold to developers Human Nature, who are working on the project.Council leader Zoe Nicholson called the sale a “decisive step that allows North Street Quarter to move from ambition to delivery”.She added:…

Galectin Therapeutics (ISIN US3631621074) is being judged less by revenue and more by cash burn, trial timing, and balance-sheet runway. In Q1 2026, the company held $21.5 million in cash and cash equivalents, while research and development expense reached $5.9 million, both figures taken from the latest investor reporting available through its investor relations channel.Cash runway matters mostThe first number that matters for GALT stock is the $21.5 million cash position at 31 March 2026. The second is the $5.9 million spent on research and development in the same quarter, which shows how quickly the company is still financing its…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailHaorao Liu, President of China Region of Reynold Lemkins discusses how Hong Kong could become a bridge between Chinese tech companies and global computing power as Hong Kong property companies shift their strategy to focus on AI infrastructure. Source link

More than $2.3 billion in stablecoins has flowed out of major cryptocurrency exchanges Binance and Bybit over the past 30 days, according to on-chain data shared by analyst Darkfost. The exodus is squeezing the liquidity available for Bitcoin trading, providing a structural explanation for why the leading digital asset has remained locked in a prolonged price range. Stablecoin Reserves Drain as Capital Leaves Exchanges Darkfost reported that $1.55 billion in stablecoins exited Binance, while $786 million left Bybit during the period. The analyst noted that exchange stablecoin reserves have consistently seen outflows outpacing inflows throughout the year. This trend indicates…

© Drozd Irina / Shutterstock.com Few tickers make a retail investor flinch quite like one built on collateralized loan obligations. The letters evoke 2008, toxic tranches, and the financial crisis. The Janus Henderson B-BBB CLO ETF (BATS:JBBB) leans into that discomfort and asks you to look closer. What you find is a $1.2 billion fund holding more than 200 floating-rate CLO tranches across 50-plus managers, paying a yield roughly double what a money-market fund offers today. The question is whether that extra income is worth the discomfort. What JBBB Actually Owns A CLO is a pool of senior secured corporate…

Story audio is generated using AI The South African Reserve Bank and its Prudential Authority are busy formulating regulations on the use of crypto assets, and there’s an argument to be made that these should already have been in place by now to protect the financial system.The Bank does not recognise cryptocurrency as legal tender, but the reality is that — by its own concession — the number of South Africans with crypto-trading accounts had nearly doubled to 8-million since early 2022 by late last year. The Bank also revealed that nearly R63bn had been externalised through local crypto platforms…

China’s mixed economy: merging markets and state news.cgtn.com Source link

Gold is swinging between gains and losses at around $4,000 in Monday’s Asian trading, as the US-Iran conflict continues to flare up amid a relatively data-light US economic docket this week.  Gold sees downside risks intactGold continues to find a floor after booking the biggest weekly decline in six weeks last week. However, sellers keep lurking as the US Dollar (USD) is defending its appeal as a safe-haven amid intensifying conflict between the United States (US) and Iran.Both sides entered their tenth day of escalation after the outbreak of renewed attacks that seem to have violated the ceasefire, reignited the Oil…

Spain has won the 2026 FIFA World Cup, beating Argentina 1-0 in Sunday’s championship match. Thousands of fans across the DMV are reacting to the result. Also, an Ohio woman is speaking out after she said she unknowingly took in two fugitives wanted for the murder of one of their mothers in Silver Spring. Posted July 19, 2026 9:43pm EDT Source link

Funds that invest in foreign stocks have had a banner year, but how good a year depends on investing style.Overseas, value-priced shares did twice as well as their growth counterparts over the past 12 months. That goes some way to explain why Fidelity International Growth (FIGFX) — a member of the Kiplinger 25, our favorite no-load mutual funds — with a 12-month gain of 15%, kept pace with its peers (large foreign growth stock funds) and its benchmark, the MSCI EAFE Growth Index, but lagged the broad MSCI EAFE bogey, which increased 23% over the same period.Theme-driven investments helped buoy…