Financial markets
The Reserve Bank of India (RBI) conducted various operations on May 21, 2025, as part of its Liquidity Adjustment Facility (LAF) and other activities. A total of 4,348 crore was injected into the system through a main operation, while 591 crore was injected through the Marginal Standing Facility (MSF)
Financial markets
In the latest national employment and inflation reports, Canada's job numbers were weaker than expected, with the unemployment rate reaching 6.9 per cent in April, but the overall inflation rate dropped to 1.7 per cent despite core inflation remaining high at 2.9 per cent. The
Financial markets
Vietnam has taken significant steps to simplify the process for opening indirect investment accounts, a crucial move to enhance the ease of foreign capital flow into the country's stock market. As of June 16, a new regulation outlined in Circular 03/2025/TT-NHNN has come into effect, replacing
Financial markets
A 59-year-old retired telecom professional from Kharghar lost over ₹1.1 crore to an online trading scam operated via WhatsApp groups and a fraudulent investment website. The scam, which took place from April 9 to May 14, was uncovered when the victim tried to withdraw his "profits" from
Financial markets
The UY Scuti Acquisition Corp., a blank check company formed to effect a merger or business combination with one or more businesses, announced that holders of units sold in its initial public offering may commence separate trading of the underlying securities starting May 27, 2025. The units, which consist of
Financial markets
BlackRock Asset Management Canada Limited, an indirect, wholly-owned subsidiary of BlackRock, Inc., has announced the final May 2025 cash distributions for the iShares Premium Money Market ETF. According to the announcement, unitholders of record on May 22, 2025 will receive cash distributions payable on May 30, 2025. The distribution amount
Financial markets
Throughout 2024, the Euronext Oslo Børs demonstrated resilience and adaptability in the face of geopolitical uncertainty and macroeconomic pressures. Market activity can best be described as cautious, yet stable, with transaction volumes recording a modest increase and overall deal values declining in the absence of landmark transactions seen in previous
Financial markets
Apax Global Alpha (AGA) is set to invest approximately EUR25m into the Treasury and Capital Markets (TCM) division of Finastra, following its acquisition by the Apax XI Fund. This significant investment is expected to benefit the rebranded TCM, a well-established provider of financial services software, as it operates as a
Financial markets
Rachel Reeves, a key member of the UK Government, has seemingly signaled a U-turn on reducing the tax-free ISA saving limit from its current £20,000 to £4,000, The i Paper has learned. However, discussions around the potential reduction of the cash ISA limit to £4,000, while keeping
Financial markets
Despite early signs of economic stabilization, Bangladesh's broader economic reform agenda remains challenged by deep-rooted structural issues and weak governance. Economist Dr. Debapriya Bhattacharya, convenor of the Citizen's Platform for SDGs, Bangladesh, and distinguished fellow at the Centre for Policy Dialogue (CPD), highlighted the need for
Financial markets
Wen Acquisition Corp, a blank check company focused on the fintech sector, announced the closing of its initial public offering (IPO) on May 19, 2025, raising $300,150,000. The IPO included the exercise of the underwriters' over-allotment option in full, with 3,915,000 units issued at $10.
Financial markets
ProCap Acquisition Corp has announced the pricing of its upsized initial public offering of 22,000,000 units at a price of $10.00 per unit, with the units expected to be listed on The Nasdaq Stock Market LLC and begin trading tomorrow, May 21, 2025, under the ticker symbol
