Author: Charlotte

Silver price (XAG/USD) is down 2% to near $72.40 during the Asian trading session on Friday. The white metal faces intense selling pressure as Federal Open Market Committee (FOMC) members have warned of high inflation pressures, and have guided that the choice is between holding interest rates at their current levels or raising them.Theoretically, high Federal Reserve (Fed) interest rates bode poorly for non-yielding assets, such as Silver.On Thursday, Kansas City Fed Bank President Jeffrey Schmid said during a fireside chat at the Bank of Kansas City Economic Forum, “The biggest risk facing the economy right now is inflation, and the…

The Nigerian Economic Society Female Professionals (NESFP) has intensified efforts to revive interest in the economics subject among secondary school students. The group warned that declining enrolment in the discipline could weaken Nigeria’s future pool of economic professionals and policymakers. The initiative, themed ‘Making a Fulfilling and Successful Career Path in Economics: Queen of Social Sciences’, was held in Lagos, bringing together students from three secondary schools in the Maryland Educational District. Speaking at the event, the South-West Coordinator of NESFP and lecturer of Economics at the University of Lagos, Dr Anthonia Odeleye, said the programme was conceived in response…

Shielded Labs proposed a new Zcash network upgrade that would let anyone verify the privacy coin’s supply has not been secretly inflated, after disclosing that a recently patched bug in the network’s main shielded pool could have allowed undetectable counterfeiting of $ZEC. Shielded Labs, a nonprofit that funds development of Zcash, the roughly 11th-largest cryptocurrency by market value, said in a blog post the vulnerability sat undiscovered in the Orchard pool from its May 2022 launch until engineers closed it this week. $ZEC reversed the week’s gains and is down 16% in the past seven days, and plunged 25% in…

June 5, 2026HONG KONG SAR – AECOM, the trusted global infrastructure leader, and the Urban Land Institute (ULI), today announced the launch of the Asia Pacific Infrastructure Innovation Index 2026, a new thought leadership report examining how the infrastructure industry across the region is prioritizing innovation in response to stakeholders’ needs, increasing system complexity, operational pressures and evolving delivery challenges.AECOM and Urban Land Institute launch inaugural Asia Pacific Infrastructure Innovation Index, highlighting region’s evolving infrastructure innovation priorities. Developed in collaboration between AECOM and ULI, the report brings together perspectives from stakeholders across infrastructure, government, utilities, investment, planning and development sectors.…

What Happened? Shares of commercial real estate finance company Walker & Dunlop (NYSE:WD) jumped 5.6% in the morning session after the company announced it arranged more than $223 million in bridge financing for five multifamily communities. The deal was made on behalf of Madison Capital Group for properties located across North Carolina, South Carolina, and Florida. Bridge financing is a type of short-term loan used to provide capital while a property owner manages a transition or stabilization of assets. The financing, secured for 1,345 units in high-growth Sun Belt markets, gives the client flexibility in executing its investment strategy. This…

Binance has announced the migration of its $NFT service to Binance Wallet as part of an effort to deliver a more streamlined and integrated $NFT experience with enhanced access to web3 and decentralized ecosystem features. Starting June 3, 2026, users who hold transferable NFTs on the Binance $NFT platform will have a one-month window to transfer their assets to Binance Wallet or any compatible external wallet. The migration period will remain open until July 3, 2026. Following completion of the upgrade, the current $NFT service on Binance Exchange will no longer be supported. Any transferable NFTs that are not withdrawn…

GP-led secondaries have moved from a niche liquidity solution to a core portfolio management tool across private markets. Liquidity is both a constraint and an opportunity in private capital. After rapid expansion and longer private-company lifecycles, many investors hold mature portfolios that haven’t returned capital as expected. Meanwhile, GPs still see value in assets but face tougher exits. Secondaries — once mainly LP resale at discounts — now include GP-led deals that create liquidity, extend ownership of high-conviction assets, and help actively manage portfolios via continuation vehicles. Drawing on Mercer’s analysis of 148 private equity and real assets secondary transactions…

Cryptocurrency prices mostly fall, with Bitcoin down 3.67% and Ethereum down 3.10%.Cryptocurrency markets saw a broad decline with major coins like Bitcoin dropping 3.67% to $63,317 and Ethereum falling 3.10% to $1,764.97. Other notable coins such as Binance Coin, Solana, and Cardano also experienced significant losses. Stablecoins… Source link

The Federal Reserve cut interest rates Wednesday for the third time in a row, but left big questions about any additional rate cuts in the future. The Federal Open Market Committee voted to cut its benchmark rate by a quarter percentage point to between 3.5 and 3.75 percent. Krishna Guha, vice chairman of investment banking firm Evercore ISI, joins Amna Nawaz to discuss the impact. Amna Nawaz: The Federal Reserve cut interest rates today for the third time in a row, but left big questions about any additional rate cuts in the future. The Open Market Committee voted to cut…

The Association for Mutual Funds of India (AMFI), the self-regulatory body for the mutual fund industry, has barred Peak XV Partners- and Lightspeed-backed fintech startup Stable Finserv from distributing mutual fund products till November 2026, two people in the know said.Stable Finserv runs fixed-income platform Stable Money.“Citing the registration number, AMFI has barred Stable Money Finserv, which is the licensed mutual fund distributor, from issuing any mutual funds from May 21 to November 20, 2026,” said one of the people.Mutual fund investors who use Stable Money for their SIPs received transaction failure messages this month over email citing regulatory action…