Financial markets
The Securities and Exchange Board of India ("SEBI") has introduced a series of reforms aimed at enhancing transparency and investor protection in the securities market. The updates, announced in the October edition of the Legalaxy newsletter, include amendments to the SEBI (Alternative Investment Funds) Regulations, 2012, and the
Financial markets
A 69-year-old man from Menamkulam in Thiruvananthapuram lost Rs 1.59 crore to an online trading scam. The accused, who contacted the victim through WhatsApp, offered a free online course on trading and later convinced him to invest in a fake website, www.tradgrip.com. The victim was initially promised
Financial markets
CME Group, the world's leading derivatives marketplace, has announced the opening of a Dubai office, expanding its presence in the Middle East. The new office, located in the Dubai International Financial Centre (DIFC), will serve the rapidly growing regional demand for trading CME Group's listed futures,
Financial markets
Municipality Finance Plc, one of Finland's largest credit institutions, has announced that it will exercise its right to redeem early USD 150 million notes issued under its Medium-Term Note (MTN) programme. The notes, admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki, will be redeemed
Financial markets
The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund's cautious investment approach focuses on capital preservation and liquidity through a portfolio heavily weighted towards sovereign instruments and money market avenues.
Financial markets
National Cement Company PJSC, listed on the Dubai Financial Market (DFM), saw a moderate movement in its stock price on October 15, 2025, as it was actively traded. The company's shares opened at 4.49 AED and remained steady throughout the day, reaching a low of 4.16
Financial markets
Zengame Technology Holding Limited's board of directors announces that the company has redeemed two money market funds issued by UBS AG, totaling approximately USD26.5 million, between March 2025 and October 2025. The redemptions resulted in a gain of approximately USD0.6 million, with the redemption proceeds placed
Financial markets
The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund remains focused on liquidity and stability through investments in high-quality money market instruments and bank deposits. As of
Financial markets
LG Balakrishnan & Bros Ltd's shares rose to a 52-week high of Rs.1,640 on the BSE, fueled by investor confusion between the company and LG Electronics India Ltd, which listed at a 48% premium on the same day. The mistake was evident when searching for '
Financial markets
Gold prices surged to a fresh record high on Wednesday, with spot gold up 0.9% at $4,178.15 per ounce, after the US Federal Reserve Chairman Jerome Powell hinted at more US Fed rate cuts in a speech on Tuesday. Powell's comments, combined with the ongoing
Financial markets
Simpson Thacher & Bartlett LLP represented the initial purchasers in a US$700 million senior notes offering by PRIO Luxembourg Holding S.à r.l., a subsidiary of PRIO S.A. PRIO is a leading oil and gas company in Brazil, operating four fields in the Campos Basin. The proceeds
Financial markets
Silver ETFs offer Indian investors a convenient and cost-effective way to gain exposure to the silver market without the complexities of handling physical silver. These funds track the price of silver and are traded on stock exchanges like stocks, providing a way to diversify a portfolio and gain exposure to
