Author: Jordan

A defamation suit filed by Singapore cabinet ministers K Shanmugam and Tan See Leng against financial news outlet Bloomberg on Tuesday opened with heated exchanges over an article that mentioned their personal property transactions.According to statements of claim filed in the High Court, Shanmugam, who is coordinating minister for national security, and Tan, who is manpower minister, said parts of the article, titled “Singapore mansion deals are increasingly shrouded in secrecy”, were false, baseless and calculated to disparage and impugn them.Bloomberg and the reporter who wrote the article, Low De Wei, have denied this through their lawyers. The trial is…

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Posted on: April 6, 2026, 07:09h.  Last updated on: April 6, 2026, 07:09h. The stock is off 51% in 12 months It trades a deep to discount to a research firm’s fair value estimate Analyst sees compelling long-term outlook With the stock off 50.91% over the past year, it might be difficult for some market participants to get behind Flutter Entertainment (NYSE: FLUT). On the other hand, shares of the FanDuel owner may be a bargain hunter’s delight. The Flutter logo. An analyst says the gaming company is undervalued among consumer discretionary stocks. (Image: Flutter Entertainment) There is a case…

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Botnia Exploration Holding AB (publ) is a Sweden-based holding exploration company. The Company focuses primarily on gold, as well as explores other precious and base metals. Its project portfolio consists of approximately 30 exploration licenses, such as Forsheden nr 1, Granberget nr 1, Rortjarnen nr 1, Stenberget nr 3 and Svanaberget nr 1, among others, as well as one mining concession, Vargbacken K nr 1. The Company operates two wholly-owned subsidiaries: Botnia Exploration AB and Hans. A. Resources Sweden AB. The Company is responsible for the group management functions, while its operational activities are conducted by the subsidiaries. The Company’s…

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Axis Bank has rolled out a significant update to its Travel Edge rewards programme for credit cards. The changes go beyond routine tweaks—they reshape partner access, reduce conversion value in several cases, and tighten how rewards can be used.Here’s a breakdown of what has changed and how it may affect cardholders. What’s changed in the Travel Edge programme?The update focuses on three areas: Removal and addition of transfer partnersRevision in reward conversion ratiosContinuation of caps and transfer rules Together, these changes determine how much value cardholders can extract from EDGE Reward Points and EDGE Miles.Which partners have been removed?Axis Bank…

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The past few weeks have served to remind us that, when it comes to the mortgage market, things can change very quickly. After a period of stability, conflict in the Middle East have shaken market confidence, and rates are increasing quickly as a result. Where most major lenders were offering rates below 4pc just a month ago, these deals are long gone, and average rates for two-year fixes are now climbing towards 6pc. Furthermore, expectations of further Bank Rate cuts this year are out the window.It’s a worrying time for those looking to secure their first mortgage, as well as anyone…

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Gold, Silver, Copper: Nothing to Show for It But Expenses!? It is worth taking a look first at the world’s top commodity companies. At the end of the first quarter, the 50 most valuable mining companies globally, as ranked by Mining.com, had a total market capitalization of USD 2.41 trillion. This represents an increase of USD 250 billion so far this year and contradicts the media mantra that all sectors are currently suffering from the war. The market correction actually occurred a full month before the start of the war between the US and Iran. At the end of January,…

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Ministers “need to act” as buy-to-let mortgage hikes risk further increasing rents, the National Residential Landlords Association has warned.Data from Moneyfacts found that, amidst the ongoing conflict in the Middle East, rental payments for tenants have increased as landlords face “soaring borrowing costs”.According to the analysis, landlords taking out a mortgage now face paying an average of £1,100 more a year than they would have at the start of March.As a result, the NRLA warned that most landlords will be unable to absorb growing costs without passing them on through higher rents.It explained that, according to HM Revenue and Customs,…

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(HedgeCo.Net) In a year defined by volatility, dispersion, and rapidly shifting macro narratives, Citadel finds itself navigating one of the most complex operating environments in its history. The firm, led by billionaire founder Ken Griffin, has long been regarded as the gold standard of multi-strategy hedge fund performance—delivering consistent, risk-adjusted returns across market cycles. Yet in 2026, even Citadel is confronting a new reality: a widening divergence between strategies that is testing the very foundations of its investment model. At the center of this dynamic is a striking internal split. While Citadel’s flagship Wellington fund—its largest and most closely watched vehicle—has experienced a…

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