Author: Charlotte

The arrival of the monsoon has finally brought much-needed relief from one of northern India’s hottest summers in recent years. But even as cooler winds sweep across much of the country, they cannot erase what the heat has already left behind. Before the rains arrived, schools had shortened hours, construction activity had slowed, and India’s peak electricity demand had climbed to a record 270.73 GW as millions struggled to stay cool. Elsewhere, even before the monsoon had fully set in, torrential rains washed away roads, damaged crops and disrupted supply chains. None of these appeared to be an economic crisis…

PHILADELPHIA, July 13, 2026 /PRNewswire/ — The reorganization of abrdn National Municipal Income Fund (“VFL”) into Aberdeen Municipal Income Fund (NYSE; MFM) (the “Fund”) was successfully completed prior to the opening of the New York Stock Exchange on July 13, 2026. In the reorganization, VFL’s common shareholders received an amount of MFM common shares with a net asset value equal to the aggregate net asset value of their holdings of VFL’s common shares, as determined at the close of regular business on July 10, 2026. VFL common shareholders received 1.87521869 of a newly issued MFM common share for every 1 share of…

US asset manager Churchill Asset Management and Temasek’s main asset management platform Seviora Holdings have closed a collateralised fund obligation (CFO) at approximately $400m (£298.4m) that will invest across US and Asian private capital strategies. The CFO provides institutional investors with diversified exposure across sponsors, investment strategies and geographies by investing across Churchill’s US junior capital and private equity secondaries strategies and Seviora’s Asian private credit and global fund-of-funds strategies. Read more: Churchill raises $13.6bn in record 2025 With 50 per cent exposure to each of the two platforms, the CFO aims to meet investor objectives, including credit exposure, yield…

Hamilton Lane announced it has closed on $3.8 billion in total commitments for its Direct Equity strategy in and alongside the final closing of Hamilton Lane Equity Opportunities Fund VI. The fundraising reflects strong investor interest in Hamilton Lane’s investment performance track record and differentiated investment approach. The prior vintage, Hamilton Lane Equity Opportunities Fund V, closed at $2.1 billion. EO VI seeks to provide investors with diversified exposure to middle-market buyout opportunities through Hamilton Lane’s global Direct Equity platform. The fundraising included participation from a wide range of global investors, including public pensions, sovereign wealth funds, Taft-Hartley pension plans,…

13h05 ▪ 5 min read ▪ by Evans S. Summarize this article with:ChatGPTPerplexityGrok Bitcoin sees its dominance challenged by Ethereum on a closely watched indicator: the ETH/BTC ratio. Rising to 0.02858 BTC, Ethereum breaks a resistance of several weeks. For Tom Lee, this movement may signal a return of altcoins. But the signal remains fragile, as bitcoin still holds the psychological advantage in the market. In Brief Ethereum gains ground against bitcoin with an ETH/BTC ratio at 0.02858. Tom Lee sees this move as a possible signal of altcoins returning. Bitcoin still retains its central role in guiding the market.…

The easing of geopolitical uncertainty following the signing of the agreement between the US and Iran and its immediate impact on energy prices has rebalanced the short-term risk map, just as we are entering the time of year when financial variables are most sensitive to any disturbance. The energy channel’s response to the nascent reopening of Hormuz has been more intense than expected. Indeed, oil prices have almost returned to their starting point (around 70 dollars), and futures are anticipating average prices through to the end of 2027 well below the assumptions used in most baseline forecast scenarios. It is…

Analysts say that the domestic data center market has emerged as a key asset group for alternative investments as demand for artificial intelligence (AI), supply constraints, and global capital inflows work at the same time. 사진 확대 ‘Korea Data Center Investment: Shortage Premium and Exit Possibility Diagnosis Made by Supply Constraints’ Report. CBRE Korea According to CBRE Korea, a global commercial real estate service company, on the 13th, the possibility of exit (investment recovery) of high-quality data center assets is also drawing attention as the scarcity premium has expanded around assets that have secured power and high-quality tenants.The report comprehensively…

EU lawmakers want MiCA reviewed for DeFi, staking, lending, and NFT activity. A July 6 vote could establish Parliament’s formal position on crypto policy. The report supports euro stablecoins while warning against fragmented national rules. A European Parliament committee has called for a review of whether major crypto activities outside MiCA’s current scope require dedicated regulation. The ECON report targets DeFi, staking, crypto lending, borrowing, and NFT markets while supporting tokenization and regulated euro-denominated stablecoins across European financial services. MiCA Scope Review Advances Toward July 6 Parliament Vote Following negotiations and amendments within the Economic and Monetary Affairs Committee, Belgian…

PLD leads industrial real estate with strong gr… Pluang Source link

KUALA LUMPUR — A 21-year-old man suffered severe head injuries after a freak gokart accident at a popular circuit in Puchong in the early hours of July 11. The victim, who was taking part in a recreational gokart session with a group of 13 youths, was involved in the freak accident at about 2.37am while on the circuit. Witnesses say his long hair was not secured and got caught in one of the wheels. A family member said the crash left the victim with serious head trauma. Witnesses claimed his helmet was torn off during the impact and was seen…