Author: Jordan

Bill Ackman has a message for Universal Music Group’s lagging stock price: It’s me, hi, I’m the problem, it’s me. On Tuesday, the enigmatic hedge fund manager proposed a €55 billion (or roughly $63.5 billion) takeover of Universal Music Group, saying he could revive the Amsterdam-based company’s “languished” stock price in large part by moving to America and listing on the New York Stock Exchange. To pull it off, Ackman is proposing a sort of SPAC remix. SPARC Plug Ackman’s hedge fund, Pershing Square, took a 10% stake in the company, which owns the rights to major artists and bands…

Home loan borrowers with loans linked to the repo rate can get some respite as they can enjoy lower interest a little longer because the Reserve Bank of India (RBI) governor Sanjay Malhotra maintained the repo rate at 5.25% at the end of the three-day Monetary Policy Committee (MPC) meeting today (Wednesday, April 8, 2026). But this happiness may not last long as the Central Bank may increase the repo rate in upcoming MPCs. Here’s why. Repo rate- Brief history Date Repo rate (%) Change (%) 07-Feb-25 6.25% -0.25% 09-Apr-25 6.00% -0.25% 06-Jun-25 5.50% -0.50% 06-Aug-25 5.50% 0% 05-Dec-25 5.25%…

The Cayman Islands has amended its regulatory framework for both open and closed-ended investment funds to clarify the status of funds issuing digital representations of investment interests (“Fund Tokens”) to their investors (“Tokenised Funds”). The changes will apply to all Tokenised Funds regulated by the Cayman Islands Monetary Authority (“CIMA”) and have been implemented through amendments to the Mutual Funds Act (as revised) (“MF Act”), the Private Funds Act (as revised) (“PF Act”) and the Virtual Asset (Service Providers) Act (as revised) (“VASP Act”). The key effects of the amendments are: Clarification that issuances of Fund Tokens by Tokenised Funds…

Share current article via EmailShare current article via FacebookShare current article via TwitterShare current article via LinkedInEnter fullscreen mode displaying this image.ExpandPlatinum (Dorothy Kgosi) Platinum fell for a third straight day on Wednesday as a result of profit‑taking after recent gains, softer industrial demand — particularly from the automotive sector — and lingering weak sentiment across metal markets since the Iran war began. Source link

“You’d be forgiven for thinking you are “falling behind” when social media acts as a conveyor belt of Swiss watches, Italian cars and 5 star holidays, all from the proceeds of property and entrepreneurship,” Corbett said. “But buy-to-let is not simply a residential mortgage with tenants attached. It is a commercially assessed, tax-sensitive and increasingly scrutinised form of borrowing.” Corbett added that younger prospective clients often arrive with misconceptions about buy-to-let borrowing. “I thought I could get a mortgage with a 5% deposit,” he said, describing the most common misconception he hears. “Can’t I just use a mortgage from a comparison site?” The…

A new national survey suggests most Canadians, including those in Airdrie, are keeping up with mortgage payments. Still, many are feeling financial strain and cutting back on spending to manage costs. According to a 2026 Mortgage Sentiment Survey conducted by True North Mortgage in partnership with Angus Reid, 83 per cent of respondents reported they have never missed a mortgage payment, while 11 per cent said they have not missed a payment but have struggled at times. Three per cent said they have missed one payment, and another three per cent reported missing more than one, the report found. The…

Crude oil prices tank to under $95/bbl after Trump’s two-week ceasefire deal with Iran, COMEX gold up 3% Upstox Source link

TSB Mortgage Rates mpamag.com Source link

NH Securities IMA draws majority corporate funds, lifts new inflows to 60% – CHOSUNBIZ Chosunbiz Source link

Story Links Follow KSU Baseball – X | Instagram  STATESBORO, Ga. – Childhood neighbors James McGee and Nolan Sliver each played a major role in Kennesaw State’s 7-5 win over Georgia Southern on Tuesday at J.I. Clements Stadium.  Sliver made his first start since March 2, 2025, striking out six Eagles over 4.0 innings. The senior right-hander allowed two runs and became the second Owl this season to record at least six strikeouts in a game.   McGee delivered the first three-hit performance of his career, going 3-for-3 with two home runs, a double and a walk. The sophomore catcher hit the first two long balls of his career…