PB Fintech shares fell as much as 8% after the market confirmed that a Temasek-backed investment entity is likely selling more than 2% of the company via a block deal. The sale is described as an unannounced, significant secondary-market disposal. The move has raised investor concerns about shareholder stability and potential additional selling pressure.

The article examines how major asset managers including BlackRock and Fidelity have used spot bitcoin ETFs to gain exposure to BTC, with the trend accelerating after the products began trading in January 2024. It says participation now spans multiple types of regulated institutions, including asset managers, hedge funds, pension funds and insurers. The piece adds that activity goes beyond buying bitcoin spot, extending to services such as custody, clearing and derivatives that embed bitcoin into mainstream financial infrastructure. It argues that the ETF structure is driving sustained, measurable inflows rather than a one-off event.

Binance and World Liberty Financial (WLFI) have launched a limited-time yield promotion for the USD1 stablecoin, running through July 27, 2026. The offer pays an 8.5% annualized yield on the first $2,000 equivalent in USD1, while any amount above that earns 0.5%. The product is principal-protected and allows withdrawals at any time. The campaign has no overall participation cap and is positioned as an incentive to encourage USD1 deposits, holding, and everyday use.

Hindustan Zinc shares rose more than 3% in a single session, hitting a one-week high and adding about Rs 6,815 crore to the company’s market value. The move came as the dollar index fell 0.6% for the week, its biggest weekly drop since early April, helping lift MCX silver futures for September by over 2% to Rs 2.38 lakh per kg. The company also issued an FY27 Q1 business update, with refined zinc output up 6% year-on-year to 213 kt while silver output slipped 0.4%. Hindustan Zinc is India’s largest zinc producer, accounting for nearly 80% of the country’s primary zinc output, and is among the world’s top 10 silver producers.

Gold-related lenders including Muthoot Finance and Manappuram Finance rose about 5% as gold prices moved back above Rs 1.48 lakh per 10 grams. MCX gold futures for August gained around Rs 2,288 per 10 grams, or nearly 2%, to a high of Rs 1,48,046, while October contracts moved above Rs 1.5 lakh. International spot gold rose more than 1% after U.S. jobs data pointed to a cooling labour market and shifted expectations for the Federal Reserve’s next move.

Asian equities rose broadly on Friday, with the MSCI Asia Pacific index excluding Japan up 2.2% and South Korea’s Kospi surging more than 6%. Japan’s Nikkei 225 added 1.2%, while S&P 500 e-mini futures gained 0.4%. The gains followed a weaker-than-expected U.S. nonfarm payrolls report that eased the perceived urgency for further Federal Reserve rate hikes, lifting risk sentiment.

Australia’s target to deliver 1.2 million new homes in five years is losing momentum, with building approvals for new homes down 1.1% in May and apartment-related approvals plunging 10.4%, ABS data show. To meet the goal, the country would need to approve an average of 20,000 homes a month, a level it has not reached since May 2021. The target faces added headwinds from three recent interest-rate hikes, changes to housing and capital gains tax settings, and a 1.3% quarterly fall in prices, while CoreLogic data show national home values slipped 0.4% in June.

India’s oil minister Hardeep Singh Puri said state-run fuel retailers booked ₹74,781 crore in retail losses in Q1 as they continued to sell fuel made from higher-cost crude bought earlier. Brent was trading near $70 a barrel on Thursday, down 26% in a month and nearly 40% below its April high, but Puri gave no clear signal of an immediate retail price cut. He said a reduction is possible if crude prices remain steady for a while, according to Reuters. Puri also said no Indian refiner had directly exported petrol to Russia, though traders may have shipped Indian-made fuel there.