Posted inMarket
River City Bank Sets IPO Price at $45 Per Share for Nasdaq Debut
River City Bank has officially priced its initial public offering at $45 per share as it prepares for its upcoming debut on the Nasdaq exchange.
Posted inMarket
Michael Burry Warns of 1987 Style Market Crash After S and P 500 Record High
Famous investor Michael Burry cautions that recent S and P 500 record highs could trigger a severe market downturn reminiscent of 1987.
Posted inEmerging Market
AI Hedge Fund Situational Awareness Suffers Catastrophic Loss of Billions in Days
Leopold Aschenbrenner, a prominent former OpenAI researcher, experienced a catastrophic financial setback this week as his newly established AI-focused hedge fund, Situational Awareness, lost the majority of its asset value…
Posted inEconomy
Beyond July 31: Understanding Varied ITR Filing Deadlines for the 2026 Assessment Year
As the 2026 tax season approaches, many salaried taxpayers are marking July 31 on their calendars as the final date to submit their Income Tax Returns (ITR). However, official guidelines…
Posted inBusiness Insights
Manipal Health Launches ₹9,275 Crore IPO to Deleverage Balance Sheet and Accelerate Expansion
India's largest hospital operator by bed capacity, Manipal Health Enterprises, will launch a ₹9,275 crore Initial Public Offering (IPO) on July 29 in Mumbai to clear outstanding corporate debt and…
Posted inMarket
Japanese Yen Drops to Two-Month Low as US Dollar Rally Gains Momentum
The Japanese yen recorded its largest weekly decline in more than two months on Friday across major financial hubs, while the US dollar posted strong weekly gains driven by resilient…
Posted inEconomy
U.S. Housing Market Shows Signs of Recovery as Mortgage Rate Locks Hit Highs Unseen Since 2023
US home buyers are returning to the market as mortgage rate locks surge to a one-year high, signaling a strong recovery for the housing sector.
Posted inBusiness Insights
US Law Firms Launch Securities Investigation Into HDFC Bank Over Potential Disclosure Violations
US law firms investigate HDFC Bank over potential disclosure violations and governance lapses, sparking potential class-action lawsuits for ADR investors.
Posted inMarket
Singapore’s GIC Reports Lowest Five-Year Return Since 2013 Amid Bond Drag and Early De-risking
Discover how early de-risking and a weak bond market led to GICs lowest five-year return in a decade despite keeping the US as its top market.
Posted inMarket
Indian Blue-Chips Surge: Five Top Firms Add ₹1.54 Lakh Crore in Market Value Led by TCS
Five top Indian blue-chip firms added over 1.54 lakh crore in market value last week led by TCS as the Sensex and Nifty neared historic highs.
