Author: Jordan

The Asian Development Bank (ADB) has approved a new technical assistance program aimed at strengthening public financial management and public procurement systems in the Asia-Pacific region, including Azerbaijan, APA-Economics reports. The total value of the regional project, titled “Conducting Fiduciary Assessments and Strengthening Public Financial Management Systems in Asia and the Pacific,” amounts to $500,000. According to the information, the program, financed through the ADB Technical Assistance Special Fund, will cover more than 40 countries, including Azerbaijan, during 2026–2028. Within the framework of the project, it is planned to assess public financial management and public procurement systems in participating countries, prepare…

JOHANNESBURG (miningweekly.com) – Seven relatively shallow primary adjoining mining projects that focus largely on upper group two (UG2) reef and mainly mechanised mining are at various stages of development within the South African Platinum Group Metals (PGM) portfolio of the Johannesburg Stock Exchange-listed Sibanye-Stillwater. Demonstrated by Sibanye-Stillwater executive VP head of projects Ralph Lombard was that these projects are higher-margin projects of low capital intensity, with most of them brownfield extensions. (Also watch attached Creamer Media video.) The seven are the Siphumelele and Thembelani extension reserves projects in Rustenburg, the East 4 reserves project at Marikana, the Kopaneng and Bathopele extension…

UK investment totals £2.2bn with two London deals key to riseThe UK Build to Rent sector attracted £2.2 billion of investment in Q2 2026, its strongest second quarter on record, according to analysis by Savills.It says that total 2026 investment is already ahead of the end of Q3 totals recorded in 2023, 2024 and 2025.Recent investment deals include Morgan Stanley’s acquisition, alongside Ridgeback, of the Private Rented Sector arm of London & Quadrant Housing Trust for more than £1.045 billion. Comprising nearly 3,200 homes, it represents the largest acquisition of operational BTR stock to date.Meanwhile, Greystar acquired 904 homes at…

Citadel Securities LLC said it was the victim of the same alleged insider-trading scheme that rival Susquehanna International Group claims made more than $100 million on options bets placed ahead of a Chinese regulatory crackdown. Ken Griffin’s market-making firm late last week asked for court permission to join Susquehanna’s June 29 lawsuit, saying it lost about $28 million as the “victim of a brazen insider trader scheme.” Susquehanna sued 100 John Doe defendants in Manhattan federal court, acknowledging it did not know who made the trades. But it said only the possession of inside information could plausibly explain the “high…

ToplineBelgium defeated the U.S. men’s national soccer team 4-1 in their Round of 16 game at the FIFA World Cup on Monday, knocking out the hosts from the tournament—as the team said they were fueled by the controversy over FIFA’s decision to overturn Folarin Balogun’s red card suspension after a push by President Donald Trump.Belgium’s Romelu Lukaku celebrates after scoring his side’s fourth goal during the World Cup round of 16 match between the United States and Belgium in Seattle.Copyright 2026 The Associated Press. All rights reserved.Key FactsBelgian captain Youri Tielemans told the country’s public broadcaster RTBF that the team…

Crypto trading has always had a timing problem. You spot an entry price you like, blink, and suddenly you’re chasing a move you already missed. Farcaster’s Warpcast Wallet just took a swing at that problem by adding limit order functionality, letting users set a target price for a token trade and have it fill automatically when the market gets there. The feature rolled out on July 6, 2026, and it represents a meaningful upgrade for a platform that has spent the last few years quietly building a case for social finance as a real category. What the feature actually does…

MarketGauge was founded 25 ago years by successful floor traders turned hedge fund managers. Their experts have over 100 years of diversified experience as professional traders, technologists, and educators. MarketGauge’s mission is to provide strategic and actionable information that empower novice to professional investors and advisors to surpass their financial goals. We accomplish our mission with educational courses, proprietary trading tools, and proven quant-based models. MarketGauge’s core philosophy is to identify both the biggest macro trends and emerging ones using our proprietary tools / indicators and proven trading models. MG employs short-term tactics derived from years of highly successful floor…

Karnataka Rural Development and Panchayat Raj Minister Eshwar Khandre has refuted allegations made by Union Minister H D Kumaraswamy concerning forest land encroachment by the Forest Department on HMT land in Bengaluru. Khandre stated that it was the central PSU HMT, not the Forest Department, that had illegally encroached on non-diversified forest land and sold it to real estate companies. Addressing the media, he said, “Now that orders have been issued for the eviction of forest land, there is no scope for any real estate activity here. So Kumaraswamy’s allegations don’t make any sense.” Responding to Kumaraswamy’s claim that the…

China widens mainland access to offshore bonds Financial Times Source link

The Japanese yen is having a truly awful year, and the people with the biggest wallets on Wall Street are betting it gets worse. Leveraged funds have built up net short positions on the yen approaching 138,000 contracts, according to CFTC data, the most bearish positioning since 2007. The numbers behind the yen’s slide The yen has weakened to roughly 162 against the US dollar, a level it hasn’t touched since 1986. Japan’s benchmark interest rates sit around 0.5% to 0.75%, while US Treasuries offer approximately 4%. That gap of roughly 3.25% creates an almost irresistible setup for carry traders,…