Author: Jordan

Blackstone deepens APAC infrastructure presence as private equity’s Asia pivot continues Pensions & Investments Source link

Healthy net interest income growth, a sharp improvement in asset quality and the resultant drop in provisions coupled with a lower tax outgo buoyed the net income of the mid-sized private sector lender South Indian Bank in the June quarter to Rs378 crore, up 17.39% year-on-year.The Thrissur-headquartered bank said on Thursday that its gross NPAs more than halved to 1.38% in the reporting quarter from 3.15% in the year-ago period, and so did the net NPAs, which plunged to 0.26% from 0.68% a year ago.Net interest income rose 23.05% to Rs1,025 crore, while other income fell by 39.07% to Rs379…

Ninety-five percent of advisors now use alternative investments, a new survey finds, even as illiquidity remains their top concern. Alternative investments have moved from the fringes to the mainstream of the advisory business, according to new survey research. A joint survey by CION Investments, YCharts and Compound Insights found that 95% of advisors now incorporate alternatives into client portfolios. That includes 61% of all respondents saying they use evergreen vehicles and interval funds across a large share of accounts, and half reporting use of liquid alternative ETFs. The findings of the CION report offer a critical marker for those seeking to democratize…

LRG – one of the UK’s largest agency groups – has launched a partnership to help landlords with Making Tax Digital.The deal will see Nexus made available across LRG’s UK lettings network, including Romans, Leaders, Stirling Ackroyd, Gibbs Gillespie, Chancellors and Manning Stainton among others. LRG manages more than 70,000 properties over 300 branches and 3,350 employees nationwide, making the agreement one of the largest single MTD rollouts in the UK lettings sector to date. Nexus will be available from Monday.Nexus has been developed for agent-managed landlords, including those who take a rent collection and/or a fully managed service. It connects directly…

Carnival Corp_ night cruise by-SeregaSibTravel via iStock Miami, Florida-based Carnival Corporation & plc (CCL) is a cruise company that provides leisure travel services in North America and internationally. With a market cap of $38.3 billion, the company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other.  Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” CCL fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the consumer cyclical industry.        More News from Barchart However, the stock…

UK mortgage rates rise again after resumption of Middle East hostilities Financial Times Source link

According to Dinh Minh Tuan, southern regional director of batdongsan.vn, planning and infrastructure, data transparency, and market segmentation are redefining the country’s property landscape. The first and most significant trend is the growing role of planning and infrastructure investment, which is reshaping both housing supply and investment capital flows. In Hanoi and Ho Chi Minh City, long-term urban planning, together with major transport projects, such as metro lines, ring roads, and inter-regional expressways, is expanding urban development space and shifting new housing supply away from city centres towards satellite urban areas and emerging growth corridors. A survey conducted by the…

A centerpiece of President Trump’s push to make prescription medicines more affordable is a government website for drug discounts that carries his own name. TrumpRx, launched in February, now boasts 92 deals on brand-name prescription drugs made by pharmaceutical companies that announced highly publicized agreements with the Trump administration. But nearly six months after the website’s launch, those deals on TrumpRx represent fewer than 12% of the more than 800 brand-name drugs made by the participating pharmaceutical companies. A wide range of medicines — including treatments for inflammatory conditions, HIV and cancer — aren’t offered by TrumpRx, according to an…

India eyes market comeback with $1bn IPO for SBI Funds Management Financial Times Source link

Last Updated : Jul 13 2026 | 8:31 PM ISTThomas Cook (India) has introduced Zero Markup Card by relaunching its One Currency Card with Zero Mark-up and Zero Cross-Currency Conversion Charge. Designed for India’s rapidly growing base of digitally savvy and frequent international travellers, the card offers a smarter, more transparent and cost-efficient payment solution for overseas travel. The company’s latest offering combines the convenience of modern travel cards with the inherent advantages of a prepaid forex card, including the ability to lock in foreign exchange rates before travel. This provides customers protection against currency volatility a key concern amid…