Author: Admin

The “Magnificent Seven” that propelled the broader market to record heights in recent years has been flipped on its head this year. All but two stocks in the group are in the red to start 2026, with Microsoft down nearly 18% and Tesla and Amazon each shedding more than 8%. Google-parent Alphabet , crowned one of the leading artificial intelligence winners of 2025, is roughly flat while chipmaking darling Nvidia is up just 1% this year. The Roundhill Magnificent Seven ETF (MAGS) is down nearly 6% year to date. The declines come amid a flurry of concerns about these companies’…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxDBS and Granite Asia have kicked off a three-year partnership with the closing of a US$110 million AI-focused IPO fund targeting Asia’s next wave of tech listings.The fund, distributed exclusively to DBS wealth clients, invests in the initial public offerings of AI-driven companies in Asia.Granite Asia said the vehicle drew investors from Southeast Asia, South Asia and Europe. It provides exposure at the point of listing and supports the region’s expanding AI sector.The fund is the first in a planned series of investment products under the partnership.Granite Asia…

“The National Gallery is doing a great job isn’t it?” David Hockney reflected in 2024. “Everything in the collection is good, every single picture is good.” Judging by recent performance, the artist would seem to be right. The gallery’s blockbuster Van Gogh exhibition closed in January last year after a record-breaking 335,000 visitors. Its 200th anniversary celebrations, including the opening of the newly designed Sainsbury Wing and rehang, attracted a 60% rise in visitors since May.But barely 10 months later, the art world is digesting the stark news that the National Gallery will face a deficit of £8.2m in the coming…

Centrum is bullish on Dabur, Marico, Nestle, Britannia, HUL, Godrej Consumer and Emami.

Energy stocks have been a crapshoot for investors over the past five years, partly because of a disconnect between where consumer dollars are going and where investor capital has been flowing. To use an energy sector analogy, consumers are downstream in the energy markets. They experience the energy transition in tangible finished products: EV chargers, solar panels, and lower carbon power on their monthly energy bills. But most of the investment action is happening in the upstream part of the market. This includes infrastructure and power generation assets with payoffs that depend on regulatory outcomes, long-dated contracts, and capital discipline…

Kemi Badenoch has said the Conservatives would scrap the “unfair debt trap” of high interest rates on student loans, piling pressure on Labour ministers to tackle the growing outrage over the high costs.The education secretary, Bridget Phillipson, admitted the system of plan 2 loans had “problems” but suggested the government’s priority would be maintenance grants for poorer students, rather than tackling the high interest rates.“The reality is that we inherited a system, and the Conservatives left behind this system, the system they’re now complaining about. But it does have problems, it does,” she told the BBC. “But there are also…

The president of the Federal Reserve Bank of Minneapolis has said recent criticism of Fed research by a senior White House official amounts to a renewed attack on the US central bank’s independence.“This is just another step to try to compromise the Fed’s independence,” Neel Kashkari said in remarks on February 19. Kashkari was responding to comments made on February 18 by Kevin Hassett, director of the National Economic Council (NEC), a top economic advisor to president Donald Trump. In an Only users who have a paid subscription or are part of a corporate subscription are able to print or copy…

On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase.

Shares of asset managers fell due to worries over a private-credit fund managed by Blue Owl Capital, triggering broader anxiety about spillover effects.

BOJ may raise rates in March if yen resumes slide, says ex-policymaker