Author: Jordan

After several months of strong investments, inflows into equity mutual funds slowed sharply in May as investors became more cautious amid global uncertainties. Concerns around geopolitical tensions and uncertainty over a possible US-Iran peace deal appear to have weighed on sentiment, leading to lower investments across most equity fund categories.Data released by the Association of Mutual Funds in India (AMFI) on Wednesday showed that actively managed equity mutual funds received net inflows of Rs 22,907.77 crore in May. This was 40.4% lower than the Rs 38,440.20 crore invested in April.EQUITY FUND CATEGORIES SEE BROAD-BASED DECLINEAlmost all major equity fund categories…

LAUNCESTON, Australia, – China’s trade in major commodities in May underscored that price moves are the primary driver of changes in flows in the world’s biggest buyer of natural resources. The headline-grabbing number from Monday’s customs data was the collapse in crude oil imports to an eight-year low of just 7.79 million barrels per day (bpd).The fallout from the war in Iran was blamed for the 29% slump in crude imports. In the months prior to the start of the conflict on February 28, levels of around 11 million bpd were common.The war resulted in the effective closure of the…

Whether you’re starting college or pursuing an advanced degree, figuring out how to pay tuition is often one of the biggest challenges.If federal student loans aren’t enough to cover your costs, private student loans may help fill the gap. And if your credit history is limited or less than ideal, applying with a co-signer can improve your chances of approval and help you qualify for better rates.A co-signer with strong credit and stable finances reduces the lender’s risk because they’re equally responsible for repaying the loan if you can’t.Below, we highlight some of the best student loan lenders that allow…

Here’s what bidders paid for Notre Dame College’s remaining assets Crain’s Cleveland Business Source link

Gold prices fell in India on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 12,869.86 Indian Rupees (INR) per gram, down compared with the INR 13,103.82 it cost on Tuesday.The price for Gold decreased to INR 150,109.60 per tola from INR 152,840.30 per tola a day earlier.Unit measureGold Price in INR1 Gram12,869.8610 Grams128,694.20Tola150,109.60Troy Ounce400,310.20FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

Gold slides over 1%; silver extends losses ahead of US inflation data – CNBC TV18 LinkedIn Source link

Super Micro Computer just told Wall Street it needs $7 billion to keep up with AI demand. The market’s response was swift and predictable: shares fell approximately 9% in after-hours trading. The server maker announced a multi-layered equity financing plan designed to purchase components for its AI server business, which has accumulated roughly $39 billion in orders from more than 20 customers. Breaking down the $7 billion raise The financing comes in two flavors. The first is a $5 billion underwritten public offering, split between $1.25 billion in common stock and $3.75 billion in depositary shares. J.P. Morgan, Goldman Sachs,…

A federal judge on Tuesday approved a settlement that Visa and Mastercard reached with merchants who sued the networks more than two decades ago. The agreement “provides more extensive relief” than a prior settlement that the court rejected in June 2024, U.S. District Judge Brian Cogan of the Eastern District of New York in Brooklyn said in his ruling, offering preliminary approval. The pact covers about 12 million merchants that were party to the class action. “The Court’s responsibility is not to determine whether the settlement is ideal by class members’ varying standards, but whether it is fair, reasonable, and…

Investors continue retreat from private markets in 2026, underperformance persistsPublic pension funds have continued to scale back their exposure to private equity in 2026, a trend responding to the asset class’s anemic returns and weakening economic outlook overall.The $84 billion New Jersey State Investment Council opted in April to reduce allocation targets to private equity and real estate, according to Pensions and Investments.In May, the $89 billion Alaska Permanent Fund adjusted targets down by 1% each in private equity, real estate and private infrastructure/credit – a 3% reduction to private asset classes that the CIO warned are “flashing red.” Alaska’s…

Seoul, South Korea – When Kim Ha-young, a Seoul office worker in her 30s, came into a little unexpected cash last year after paying the deposit on her rented apartment, she did something she had never done before.She bought shares.Recommended Stories list of 4 itemsend of listWith little knowledge of the market, Kim picked SK Hynix and Samsung Electronics, South Korea’s largest manufacturers of memory chips used for AI, on a whim.“I mean, when you think of Korea, you think of Samsung, right?” Kim told Al Jazeera, explaining that she started investing “with no prior research at all”.Then, in September,…