Author: Charlotte

Mumbai, June 1: The National Stock Exchange of India (NSE) will extend equity derivatives trading hours to 3:40 pm from the current 3:30 pm cut-off, as part of its rollout of the Closing Auction Session (CAS) in the equity cash segment, effective August 3, 2026. The change, detailed in an NSE circular dated May 29, 2026, affects all equity derivative instruments including index futures and options, and stock futures and options. Currently, the equity cash market closes at 3:30 pm and the closing price of a stock is calculated using the volume-weighted average price (VWAP) of the last 30 minutes of trading.…

Ahead of the Department of Labor’s (DOL) comment deadline Monday night, industry organizations are submitting their final thoughts on the agency’s proposed fiduciary rule involving alternative investments.   The agency issued a 60-day comment period for organizations to confer potential ideas or revisions on the regulation. That comment period expired on June 1 at 11:59 p.m. ET, and the Federal Register shows 44,906 comments were received. The proposed regulation, “Fiduciary Duties in Selecting Designated Investment Alternatives,” would potentially expand the usage of alternative investments in 401(k) plans by broadening investor access to the private funds. Specifically, under the proposed rule,…

The long-standing “Kimchi Premium” in South Korea’s cryptocurrency market has turned negative for the first time, signaling a massive withdrawal of retail funds. Key reasons include: Cooling speculation: Amid altcoin struggles, speculative interest in Korea’s crypto market has declined. Stock market draw: Korea’s stock market surged 86% this year, led by tech giants like Samsung and SK Hynix, pulling liquidity away from crypto. Upcoming tax: The government confirmed crypto taxation starting next year, shifting market preferences. Real-time data from monitoring channels shows a persistent discount of over 2%, with weak demand for stablecoins like USDT. This negative premium reflects clear…

Vasanth Kamath, Founder and CEO, smallcaseInvestment platform smallcase has expanded beyond stocks and ETFs with the launch of mutual fund model portfolios, aiming to help investors move from selecting individual schemes to investing through professionally managed portfolio strategies.The Bengaluru-based company has introduced more than 30 mutual fund portfolios across categories such as fund picks, multi-asset strategies and cash management solutions. The portfolios combine direct mutual funds across asset management companies (AMCs) and are designed around specific investment objectives, risk profiles and time horizons.“Over the years, we’ve seen investors move from selecting individual products to seeking more structured portfolio approaches. Mutual…

Charles Haag and Justin Reinus joined Paul Hastings as capital markets and public company advisory partners in Dallas and Orange County, respectively, the firm announced Tuesday.Haag advises companies on public and private equity and debt offerings, tender offers, spin-offs, reorganizations, and mergers and acquisitions. He also regularly represents clients in corporate governance matters, including fiduciary duties and SEC filings, and his practice spans REITs and real estate, consumer products, energy, retail, technology, construction and financial services.Reinus advises clients on initial public offerings and other equity offerings, as well as high yield, investment-grade and convertible debt offerings, tender offers, … Source…

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. While the M&A market’s strong 2025 performance has continued into this year and is expected to remain healthy, dealmakers nonetheless can’t take stability for granted. Virtually all the growth last year was in the form of large deals as opposed to a high volume of deals, which is often a bellwether for broader growth, law firm WilmerHale noted in a new M&A report. It was a global pattern. In particular, private equity firms are facing strong pressure to deploy deep wells of…

Animoca Brands is one of the most influential entities in the global Web3 landscape, with over 600 investments in projects related to blockchain, gaming, DeFi, and digital ownership.In this exclusive interview, the Cryptonomist team spoke with a company representative to delve into investment strategy, vision on the metaverse, NFTs, and the role of utility tokens in the upcoming market cycle. 👉 Watch the full interview: https://youtu.be/CQRib8hCutA How Animoca Selects Projects to Invest In Animoca Brands describes its mission as “reimagining the economies of the future”. Each investment is evaluated based on a central question: is the project creating a new…

India has tightened restrictions on silver imports by adding grain and powder forms to ​the list ⁠of restricted categories and mandating prior valid import authorisation, as the ‌world’s biggest consumer of the metal tries to rein in shipments and ease pressure ​on the rupee. Imports of silver in the form of grains, powder, other forms and ​where content ​is 99.9% silver are restricted, according to a government order issued on Tuesday, and importers would need to secure a valid import ⁠authorization from the Directorate General of Foreign Trade (DGFT). Last month, India had placed imports of silver bars with 99.9%…

A stock ticker at Hana Bank headquarters in central Seoul shows the benchmark KOSPI closing at 8,801.49, up 0.15 percent from the previous trading session, Tuesday. Yonhap Korea’s benchmark KOSPI recovered from steep intraday losses Tuesday as retail and institutional investors stepped in to offset heavy foreign selling following the market’s recent rally.The benchmark index closed at 8,801.49, up 0.15 percent from the previous session, extending its streak of record-high closes to a third consecutive trading day.After rising as high as 8,933.62 shortly after the opening bell, just 66 points shy of the unprecedented 9,000 mark, KOSPI tumbled to the…

DALLAS, June 2, 2026 /PRNewswire/ — Canyon Partners (“Canyon”), a $30 billion global alternative investment manager, today announced the appointment of Thomas Hansen as Partner and Chief Financial Officer. Canyon Partners (PRNewsfoto/Canyon Partners LLC) Mr. Hansen is based in Dallas, overseeing the entirety of the firm’s finance and operations functions. Luis Silva will continue to serve as Chief Financial Officer of Canyon Capital Advisors, the firm’s corporate and asset-backed credit arm, while Sheriden Mansfeld will continue to serve as Chief Financial Officer of Canyon Partners Real Estate, the firm’s direct real estate investing arm. Mr. Hansen joins Canyon from Oak…