Author: Charlotte

India’s debt mutual fund industry is showing signs of reviving its appetite for credit risk. A bl.portfolio analysis of actively-managed debt funds over the past eight years shows that exposure to lower-rated debt instruments (AA and below) declined sharply in the aftermath of a series of credit events, but has begun to recover over the past year.The share of AA-and-below instruments in active debt fund assets fell from 12.4 per cent in April 2018 to 2.6 per cent by April 2023. It briefly recovered in 2024, slipped further to 2.3 per cent in April 2025, and then rose to 3.1…

Editor’s Note: The data file linked at the bottom of this post, which summarizes who holds student loans along with characteristics of these balances, has been updated through the fourth quarter of 2022. The text of the blog post has been updated to reflect the latest data. (September 22, 2023) Daniel Mangrum, Joelle Scally, and Crystal Wang Today, researchers from the Center for Microeconomic Data released the 2022 Student Loan Update, which contains statistics summarizing who holds student loans along with characteristics of these balances. To compute these statistics, we use the New York Fed Consumer Credit Panel (CCP), a nationally…

Bitcoin falls below $61K, triggering $172M in leveraged long liquidations amid strong US jobs dataBitcoin dropped below $61,000, hitting an intraday low of $59,227, causing $172 million in leveraged long liquidations within an hour. The selloff was triggered by stronger-than-expected US jobs data, which raised expectations of less Federal Reserve… Source link

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

Why the co-founder of LinkedIn is betting on NFTs again CoinDesk Source link

Business Post subscribers can read:• How investors piled into bank branch property deals during the Celtic Tiger believing they were among the safest investments in Ireland• Why expiring AIB and Bank of Ireland leases are creating fresh uncertainty for landlords facing branch closures and weaker rental termsf• Which high-profile investors are still buying former bank buildings — and why some empty branches are becoming increasingly difficult to sell Source link

Business Post subscribers can read:• Why Ibec believes a shortage of judges is slowing the delivery of housing, renewable energy and major infrastructure projects• How growing backlogs in the planning and environment court division are affecting Ireland’s competitiveness• What reforms business leaders say are needed to reduce legal delays and accelerate project approvals Source link

Listen to this article Key takeaways:  Kenneth Entenmann, NBT chief economist, emphasized that the U.S. economy is neither at its strongest nor weakest point — expect steady, but cautious, growth.  Data shows positive trends — consumer spending is up, investments are increasing and government size is contracting relative to the economy.  Long-term U.S. fiscal challenges remain a concern that requires strategic attention.  Despite fears of recession, consumers are continuing to spend and invest, signaling ongoing economic activity.   Managing expectations is essential in today’s economic climate, according to Kenneth Entenmann, senior vice president, chief investment officer and chief economist at NBT.   Speaking at an…

The total cryptocurrency market cap is $2.5 trillion at the time of this writing on June 2. It has fallen almost 30% in the past year and is a long way from last year’s high of over $4.3 trillion, making it hard to imagine when the next bull run might come. However, not only does history tell us that prices are likely to recover, but the price slump also belies the regulatory and systemic shifts that have taken place in the past few years, making blockchain fundamentals the strongest they’ve ever been. Will AI create the world’s first trillionaire? Our team…

Kenya-Uganda railway cooperation has been renewed to improve Northern Corridor freight flows and cross-border cargo movement. Kenya-Uganda railway cooperation targets rail freight As Railways Africa⁠ reported, the discussions focused on better rail links between the two countries. They also covered cargo-handling efficiency, closer SGR and MGR integration, and rail’s role in regional trade logistics. Kenya-Uganda railway cooperation on the Northern Corridor The talks also highlighted border delays. Integrated SGR and MGR networks can eliminate transloading delays at crossings. That helps protect cold-chain integrity for horticultural cargo and other perishable shipments. Kenya Railways Board Chairman Abdi Bare Duale said Kenya Railways…