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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxPeak XV Partners has raised US$1.3 billion across three new funds targeting India and the broader Asia Pacific region.The capital spans its India Seed Fund, India Venture Fund and an APAC-focused fund, according to a LinkedIn post by the firm.Peak XV added that it still holds substantial uninvested capital in its existing Growth Fund, allowing it to back companies from early to later stages.The funds are the firm’s first under the Peak XV brand following its 2023 split from Sequoia Capital.It said many of its limited partners are…

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March WTI crude oil (CLH26) on Friday closed down -0.04 (-0.06%), and March RBOB gasoline (RBH26) closed down -0.0093 (-0.46%).Crude oil and gasoline prices settled lower on Friday amid concerns about energy demand after the US Q4 GDP grew at a slower-than-expected pace.  However, losses in crude were limited due to a weaker dollar and geopolitical risks in the Middle East. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Friday’s weaker-than-expected US economic news was bearish for energy demand and crude prices.  Q4 GDP rose +1.4% (q/q annualized), weaker than…

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Crypto investment products recorded $288 million in outflows last week, extending their losing streak to five consecutive weeks — the longest stretch of exits since the launch of US spot Bitcoin exchange-traded funds (ETFs) in 2024.The latest withdrawals bring cumulative outflows to $4 billion, according to CoinShares’ Monday report. Despite the sustained downturn, total outflows remain below the $6 billion recorded over the same period last year, said James Butterfill, head of research at CoinShares. Weekly crypto flows (in millions of US dollars). Source: CoinSharesTrading activity in crypto ETPs fell to $17 billion last week, the lowest since July 2025,…

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Founded in 1929, Lord Abbett is an independent, privately held global investment management firm. As of Sept. 30, 2025, the firm managed approximately $244 billion in assets.The company offers a comprehensive range of investment strategies, including domestic and international equities, fixed income, multi-asset solutions and alternative investments. Supported by an experienced team of investment professionals, Lord Abbett serves institutional and individual clients in more than 30 countries.Its products are distributed through mutual funds, separate accounts, sub-advised accounts, and managed account platforms, all driven by an active management approach and a strong long-term focus on client outcomes.Below, we share with you…

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Following a sharp rebound in 2023, the capital markets have been scorching hot this year — with the S&P 500 and Nasdaq Composite gaining 24% and 30%, respectively, as of market close on Dec. 20.Of course, this year’s hottest investment theme — artificial intelligence (AI) — remained unchanged from 2023. Within the AI realm, semiconductor stocks have generated some of the most lucrative returns over the last couple of years.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks »But one stock that…

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Footings and foundation are in place for ADR Axles’ new $14.3 million North American headquarters and production facility under construction in Perry. ADR, an Italian company that began operating in the U.S. about eight years ago, makes axles, braking systems and suspensions for agricultural and industrial machinery. Dean Snyder Construction is the project’s general contractor. A spokesperson for ADR Axles said that construction of the 54,000-square-foot facility is on track to be completed in late 2026 or early 2027. Photo by Duane Tinkey 

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The crypto market experienced a rare period of volatility during Asia hours on Monday, with bitcoin BTC$66,215.58 tumbling more than 5% to $64,270 shortly after midnight UTC before bouncing back to $66,300 by 11:00 UTC.The selloff and subsequent bounce mirrored the action in U.S. equities. Futures tracking the S&P 500 index fell by 0.84% after opening on Sunday evening before starting to recover five hours later.Gold futures did the opposite, rising on Sunday evening’s open to the highest since Jan. 30 before giving back some of those gains during European hours. Silver tracked the more expensive metal.The surge in precious…

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