Author: Charlotte

Aditya Birla Sun Life Mutual Fund has suspended fresh subscription in its three international funds – Aditya Birla Sun Life International Equity Fund, Aditya Birla Sun Life Global Emerging Opportunities Fund, Aditya Birla Sun Life Global Excellence Equity Fund of Fund with effect from September 24.According to a notice cum addendum, the fund house said that applications for fresh subscriptions/switch-in/ systematic transactions received post the cutoff timing on the effective date will not be processed. However, systematic transactions registered prior to the effective date will be processed under respective plans/options of the schemes.Also Read | Top 9 equity mutual funds…

Public comments on the Fed’s two stablecoin proposals will remain open for 60 days after publication in the Federal Register. The Federal Reserve has proposed two rules to help establish oversight for stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The proposals were announced by the central bank on Thursday and opened for public comment. Stricter Stablecoin Oversight The first proposal would require payment stablecoin issuers supervised by the Fed to fully back their tokens with approved reserve assets. These include short-term US Treasury bills and other high-quality liquid assets. The proposal also…

Champion Han Jiayu of China (center), runner-up Zhang Liyuan of China (left), and third-place finisher Kim Ji-eun of South Korea pose for a photo after the competition. [Photo/Xinhua] China won the women”s 50m rifle 3 positions team event on Saturday, marking the country’s 100th gold medal at the Aichi-Nagoya Asian Games. Source link

Jakarta, IO – Amid rising geopolitical tensions and volatility in global financial markets, Finance Minister Suahasil Nazara has highlighted the importance of adopting a new approach to managing Indonesia’s macroeconomy. He said the approach centers on three key pillars to maintain resilience and promote more inclusive economic growth. Suahasil said the new approach combines fiscal policy through the state budget (APBN), which serves as a catalyst for growth and public welfare. “We continue to push the APBN to meet public needs and support priority development programs to achieve growth through eight development priority clusters,” the minister said in Jakarta on…

The Securities and Exchange Board of India (Sebi) has approved a comprehensive overhaul of the portfolio management services (PMS) framework, opening new investment avenues for clients while easing several compliance requirements for portfolio managers. The Sebi board on Thursday approved the Sebi (Portfolio Managers) Regulations, 2026, replacing the existing 2020 regulations. The revamped framework allows portfolio managers to invest in initial public offerings (IPOs), primary market debt issuances, and a wider range of overseas securities. It also introduces a new route for professionally managed portfolios of mutual fund investments. Under the new framework, portfolio managers will be allowed to invest…

Old Magic Eden NFT approvals could still put some former users at risk months after the company closed its Ethereum marketplace. A September 25 warning from wallet security service Revoke.cash says that a vulnerability in Limit Break’s Payment Processor V2 affects wallets that still authorize the contract to move NFTs. Those approvals remain active until owners revoke them. The notice says security researcher 0xQuit used the vulnerability to move 3,832 NFTs from approved wallets as zero ETH sales. He described the transfers as a whitehat rescue and said the assets were being held in a custody wallet until it was…

Resilience under pressure: prolonged energy disruption and tighter financingBy Iván Weigandi24 September 2026The global economy has proved more resilient than expected to the energy and shipping shocks from the Iran war, but that resilience is becoming increasingly fragile. Nearly seven months into the conflict, Purchasing Managers’ Indexes (PMI) indicate that global trade is expanding at an annual rate of roughly 8%, while demand from advanced economies has held up. Financial conditions were supportive through much of the summer, yet rising yields and sustained restrictive policy are now tightening financial conditions. In energy markets, inventories, alternative export routes and weaker demand…

Institute for Portfolio Alternatives Announces 2027 Board of Directors Institute for Portfolio Alternatives Announces 2027 Board of Directors PR Newswire WASHINGTON, Sept. 23, 2026 New Board leadership and 14 newly elected directors reflect the continued evolution of the alternatives industry WASHINGTON, Sept. 23, 2026 /PRNewswire/ — The Institute for Portfolio Alternatives (IPA) today announced its 2027 Board of Directors, welcoming 14 newly elected directors representing leading firms across the alternative investments and private wealth industry. Brendan Cuddihy of CAIS will serve as Chair of the IPA Board in 2027, succeeding Jason Goode of Alston & Bird, who will serve as…

Hong Kong Securities and Futures Commission Chairman Kelvin Wong, right, outlines the regulator’s strategic priorities at a media briefing on Sept. 23, alongside Chief Executive Julia Leung, left. Photo: Wang Xiaoqing/Caixin Hong Kong plans to allow mainland investors to trade and settle eligible local shares directly in yuan through the Southbound Stock Connect by July 1, 2027, the Securities and Futures Commission (SFC) announced Wednesday. The milestone is central to a newly unveiled regulatory roadmap aligned with Hong Kong’s first five-year development plan and Chief Executive John Lee’s latest policy address. The initiative seeks to dismantle currency-conversion barriers for onshore…

The altcoin market is experiencing a resurgence, and Route 2 FI has spotlighted $TAO as a potentially undervalued asset. In their recent analysis, they noted that many altcoins are performing well, with tokens that offer tangible value leading the charge. This observation could signal a shift in trader sentiment and provide opportunities for those focusing on quality assets. For more details, visit Route 2 FI’s tweet. Inside the Move Despite the broader cryptocurrency market displaying mixed signals, some altcoins have notably surged over the past month. Route 2 FI’s analysis points out that tokens with revenue or purpose are thriving…