Author: Lucas

Alternative investment funds (AIFs) in India continue their healthy growth and provide significant opportunities for domestic institutional investors (DIIs) to diversify their portfolios and potentially reap higher returns, highlighted a report by Crisil Intelligence.The report noted that despite the regulatory limits in place, many DIIs, including retirement funds and insurance companies, have not leveraged the allocation. In fact, several of these have not invested in AIFs to date, highlighting substantial scope for increased participation.It stated “The AIF landscape in India presents a significant opportunity for DIIs to diversify their portfolios and potentially reap higher returns. AIFs to continue their healthy…

Without a significant deviation in the PCE report, analysts note that precious metals may struggle to break from their current consolidation. As per Fedwatch, market continue to assign an 85% probability to a 25-basis-point Fed rate cut at the central bank’s next meeting, according to market-based pricing. These expectations have limited the U.S. dollar’s ability to extend a modest rebound and helped support non-yielding assets such as gold and silver. Labor data added to the complex backdrop. U.S. job cuts fell 53% in November, based on Challenger’s monthly report, while Initial Jobless Claims declined to 191,000, the lowest reading in…

A group of drones struck several fuel and energy facilities in various regions of Russia during the night of December 5. According to Ukrinform, ASTRA reported this on Telegram. Local residents reported an attack on the oil refinery in Syzran, Samara region. The mayor of Syzran later confirmed a drone attack on the city. The Russian BBC service notes that the operational headquarters of Krasnodar Krai reported that the drone strike damaged the seaport of Temryuk (on the Azov sea, near Kerch): drones damaged “elements of the port infrastructure in Temryuk,” causing a fire. “According to preliminary information, there are…

Zhang Jianzhong, founder of Moore Threads Technology, has joined the billionaire ranks as shares of his Chinese AI chipmaker soared over 420% on its Shanghai market debut amid optimism it could one day become the Nvidia of China. The 59-year-old chairman and CEO of the Beijing-based firm has amassed a fortune of $4.3 billion based on his stake in the company, according to Forbes estimates. Moore Threads raised 8 billion yuan ($1.1 billion) in late November by selling 70 million shares at 114.28 yuan apiece, according to its prospectus. The company did not respond to a request for comment. The…

PTC Industries’ subsidiary Aerolloy Technologies has signed a long-term supply agreement with Honeywell Aerospace Technologies to deliver titanium and superalloy precision investment castings for a range of global aerospace programmes, including critical aero-engine components, the company declared on Friday, December 5.Calling the long-term agreement a “defining milestone for PTC and Aerolloy,” Sachin Agarwal, chairman and managing director of PTC Industries, said, “It validates our strategy of building a world-class, end-to-end manufacturing ecosystem for advanced titanium and superalloy components and strengthens India’s position in the global aerospace supply chain.”The company said under the agreement, Aerolloy will manufacture high-integrity titanium and superalloy…

Aegis and McGill and Partners have agreed a digital-first follow partnership that will provide algorithmic quotes from Aegis for risks across multiple business lines in the McGill portfolio. Source link

Gold is flipping between small gains and losses on Thursday, hovering tightly around that big psychological level of $4,200 per troy ounce.It’s a classic consolidation phase. The US Dollar keeps sliding, with the US Dollar Index (DXY) receding to fresh multi-week lows near 98.80–98.70, and that’s usually good news for the precious metalBut Gold isn’t running away higher just yet. A broad-based rebound in US Treasury yields is keeping enthusiasm in check, and a positive mood in global equities means there’s less urgency to pile into safe havens.Meanwhile, investors are still firmly counting on more easing from the Federal Reserve…

The fallout from the shutdown of Serbia’s only oil refinery could last years, experts told AFP, putting thousands of jobs and the state’s budget at risk ­– as well as exposing the country to further sanctions. The Petroleum Industry of Serbia’s (NIS) refinery has been unable to receive crude oil since October 9 after its Russian majority owners were swept up in US sanctions over Moscow’s invasion of Ukraine.JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official. Washington is demanding a complete exit of Russian shareholders, but talks over its potential sale have dragged on, forcing the…

It’s taboo to ask a person how much money they have, but we all want to know where we stand; here’s some of the latest data.Reuben Gregg Brewer  |  The Motley FoolIRS raises 401(k) contribution limits for 2026IRS increases 401(k) and catch-up contribution limits for 2026, allowing workers to save up to $32,500 for retirement.If you are trying to save enough money for your retirement, it is important to have some benchmarks to track your progress. Since money is often a contentious topic, the best option is to obtain statistics from sources that have access to a wealth of anonymous…

By Kosaku Narioka Superlong Japanese government bond yields climbed further on Tuesday as market bets on an interest-rate increase intensified, stoking concerns that it could damp appetite for U.S. and other government debt by Japanese investors. The 30-year Japanese bond yield rose 2 basis points to 3.410% during the session, representing a record high for the note. The 20-year yield also rose 1.5 basis points earlier to 2.905%, its highest level since June 1999. Japan has become a focal point of global markets because its central bank has been raising interest rates at a time when peers in other countries,…