2 دن پہلے
Turkey freezes seven asset managers’ fund trading and orders 130 funds to liquidate after market selloff
Turkish regulators froze trading in funds run by seven asset managers and ordered 130 funds to liquidate following a market selloff. The funds involved have a combined portfolio of 891 billion lira ($21.4 billion) and about 353,000 investors, according to a source cited by Reuters. The Central Bank of the Republic of Turkiye increased repo funding to 300 billion lira and lifted banks’ interbank borrowing limits tenfold to ease lira liquidity strains.
2 دن پہلے
2 دن پہلے
Woodside projects FY26 EPS at $2.184 as Scarborough nears completion, CommSec forecast shows
Woodside Energy reported FY26 operating revenue rose 13% to US$7.4 billion, while underlying NPAT increased 7% to $1.3 billion and free cash flow jumped 159% to $352 million. The company said a 20% lift in average realised prices to US$74 per barrel of oil equivalent partly offset a 13% drop in production to 86.5 million barrels of oil equivalent. Woodside also updated progress on key developments, with Scarborough 98% complete, Trion 64% and Louisiana LNG 28% complete. CommSec forecasts FY26 EPS of $2.184 and projects FY28 EPS could fall 5% to $2.52, according to its estimates.
2 دن پہلے
2 دن پہلے
Venezuela nears agreement to shift $4 billion in gold reserves to New York Fed, FT reports
Venezuela’s government and opposition are close to a deal to move about $4 billion in central bank gold reserves from the Bank of England to the Federal Reserve Bank of New York, the Financial Times reported. The proposal would give Delcy Rodriguez’s interim government legal control of the gold while preventing an immediate sale. The reserves could instead be pledged as collateral for government borrowing, including reconstruction after June’s twin earthquakes, according to the report. Last month, National Assembly chief Jorge Rodriguez said Venezuela was seeking to recover roughly 31 metric tons of gold held by the Bank of England to counter surging inflation.
2 دن پہلے
2 دن پہلے
Anthropic seen filing as soon as this month ahead of blockbuster IPO later this year as OpenAI delays debut to 2027
Anthropic is expected to reach public markets before OpenAI with a major IPO later this year, and it could file with the SEC as soon as this month. OpenAI CEO Sam Altman said the company plans to delay its IPO until 2027, citing safety concerns. OpenAI is discussing a pre-IPO funding round at a valuation of at least $1.2 trillion, while Anthropic could target a $2 trillion IPO valuation as early as October, according to various reports.
2 دن پہلے
2 دن پہلے
RBA governor Bullock warns 75 bp of 2026 hikes may not curb inflation as Westpac lifts 5-year fixed rate to 7.14%
Reserve Bank of Australia governor Michele Bullock warned that the 75 basis points of rate increases delivered so far this year may not be sufficient to bring inflation under control, and said another sharp rise in oil prices would feed directly into prices. Against that backdrop, Westpac lifted owner-occupier fixed home loan rates by as much as 0.45 percentage points. The bank’s five-year fixed rate rose to 7.14%, nearly double a typical rate hike.
2 دن پہلے
2 دن پہلے
SEC and CFTC classify XRP as a digital commodity in March 17, 2026 taxonomy update
On March 17, 2026, the SEC and CFTC jointly issued a crypto taxonomy that explicitly placed XRP in the digital commodity category. The classification follows Judge Analisa Torres’ 2023 ruling separating XRP itself from the investment-contract circumstances tied to certain Ripple sales, after Ripple and the SEC dropped their appeals in August 2025, leaving the district-court rulings in place. Evernorth CEO Asheesh Birla said the CLARITY Act would be a catalyst for institutional DeFi adoption, and the company is building an institutional DeFi ecosystem around XRP. SEC filings show Evernorth expects to hold at least 473 million XRP at closing, with David Schwartz and Brad Garlinghouse listed as strategic advisers.
XRP
XRP-0.47%
2 دن پہلے