Author: Charlotte

Agentic investment start-up Grace Investment Machine (GIM) has closed $20 million in Series A funding to transition its multi-agent capital market trading software into live market deployment.The round was co-led by Chinese private equity firm Hony Capital and an unnamed venture capital firm in the US. New investor IDG Capital also participated alongside repeat backer Monolith Capital.It’s understood that GIM has now raised over $30 million across three funding rounds since being founded by CEO Jiahao Xu in July last year. Other backers currently include 5Y Capital, SAIF Partners, and Wuyuan Capital.The Beijing-based start-up is developing an autonomous system that…

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading. ₹817 • HDFC BankS1S2R1R2COMMENT815808822828Take fresh shorts below 815 with a stop-loss 817 ₹1101 • InfosysS1S2R1R2COMMENT1090107511151130Wait for dips. Go long at…

A spot bitcoin ETF is a fund that holds actual bitcoin and trades on a stock exchange, so an investor gains exposure to bitcoin’s price through an ordinary brokerage account. When the first U.S. spot bitcoin ETFs began trading in January 2024, they removed the custody, compliance, and operational barriers that had kept many asset managers, pension funds, and financial advisors on the sidelines. The funds did not create institutional demand from scratch. They lowered the friction for institutions that already wanted exposure but could not hold the asset directly. In this article, we’ll cover the history, utility, and limitations…

Election years tend to polarize people’s views about political parties, proposed social and economic policies, and the candidates running for high governmental office. This presidential election cycle is not only no different, it is far more so.  This shows itself especially in how many younger Americans view the political, economic and social system under which they live.  According to a fairly detailed Gallup public opinion poll released in late November, 60 percent of those surveyed said they, in general, had a “positive” view of capitalism, while only 39 percent had such a positive attitude toward socialism. Not a blockbuster endorsement…

After receiving unsolicited offers from prospective buyers for years, the Artiles family gave in and sold a four-building industrial portfolio in Medley for $38.8 million. Ruben Artiles Jr. and Martha Artiles, through the Ruben and Neida Artiles Irrevocable Trust, sold the pair of warehouses at 7200-7208 Northwest 84th Avenue, and the two warehouses at 8203-8251 Northwest 70th Street, to Boston-based Longpoint, the brokers involved in the deal said. Jose Sasson-Lerner and Roberto Susi of Axiom Capital Advisors represented Longpoint. Ralph Merritt of Commercial Property Group represented the seller in the off-market deal. Interested buyers chased the sellers for four years, Merritt said, attributing…

Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 485.54 Saudi Riyals (SAR) per gram, up compared with the SAR 483.12 it cost on Monday.The price for Gold increased to SAR 5,663.16 per tola from SAR 5,634.98 per tola a day earlier.Unit measureGold Price in SAR1 Gram485.5410 Grams4,855.32Tola5,663.16Troy Ounce15,102.19FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates…

Uniswap [$UNI] has opened community voting on a proposal that could introduce the protocol’s first sustained $UNI burn mechanism. The initiative spans three governance votes. They include protocol fee activation on Robinhood Chain, v4 deployment, and bridge infrastructure across all other chains. If Uniswap members approve the proposals, the protocol will begin depositing fees into TokenJar accounts. At press time, the voting stood at 74% in support of the proposal. Once there, users can acquire an amount of $UNI sufficient to burn it completely and in turn collect their $UNI from the TokenJar account. Source: X The proposal will link…

AtkinsRealis will provide engineering services for the Riyadh Metro’s expansion and supervise key road upgrades across the city Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link

Australia’s unfinished economic reform goal should be to make Australian capitalism work better by directing capital towards productive enterprise and away from dependence on asset inflation.With the 2020s being seen as Australia’s weakest decade for living standards since Federation have come familiar calls for higher productivity. Economists debate tax reform, deregulation, competition policy and workplace flexibility. Governments promise another productivity agenda. Yet productivity is better understood as the symptom than the disease.The deeper question is whether Australia ever completed the economic transformation that began in the 1980s.The Hawke and Keating governments deserve credit for recognising that the old protectionist settlement…

Charles Wakiwaka, Jennifer Kafcas and Alvino van Schalkwyk Katten Muchin Rosenman UK LLP has expanded its London Structured Products and Derivatives practice with the addition of Partner Charles Wakiwaka, further strengthening the firm’s transatlantic finance capabilities. Wakiwaka joins Katten from Crowell & Moring LLP, following the recent arrivals of Partners Jennifer Kafcas and Alvino van Schalkwyk. The Structured Products and Derivatives practice, led by Kafcas, launched in June as part of the firm’s broader investment in its global finance platform. “Adding Charles to the newly launched practice in London reflects our strategic commitment to deepen our Transatlantic bench strength in…