India-focused fund redemptions hit 2-month high even as China, commodity flows stay strong: Elara Capital
Redemptions from India-dedicated funds surged to a two-month high of $382 million this week, sharply up from $197 million last week and $72 million the week before.
India-focused funds are seeing renewed selling pressure as global liquidity continues to migrate toward China, precious metals, and commodities, according to the latest Global Liquidity Tracker from Elara Securities.
Read MoreUS, UK Seize Prince Group Over Forced Labor and Cryptocurrency Scam Operations
The United States government has seized 127,195 Bitcoin linked to fraudulent activities associated with Chen Zhi, the chairman of Cambodia’s Prince Group. Authorities valued the seized cryptocurrency at more than $15 billion at the time of the operation. Officials described the seizure as one of the largest in US history.
Investigators stated that the seized Bitcoin originated from a wide range of cyber scams,
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Read MoreWall Street steadies after its slide as banks recover some of their losses
By STAN CHOE, AP Business Writer
NEW YORK (AP) — The U.S. stock market seems to be steadying on Friday, as banks recover some of their sharp losses from the day before, but Wall Street has been prone to big swings hour to hour over the last week.
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Read More1 Tech Stock to Buy Before the End of 2025
Key Points
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Lam Research’s lucrative position in the global supply chain for AI chips is underappreciated.
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The company aims to grow its market share in the foundry and memory chip markets to over 50%.
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Read MoreWill all retirees receive a COLA increase in their 2026 Social Security benefits?
A commonly asked question as we approach the new year: will every retiree collecting Social Security benefits see a costofliving adjustment (COLA) in 2026?
The short answer: yes, in general, all retirees receiving Social Security benefits will be eligible for the 2026 COLA.
Read MoreThe Burst
10,000 Bitcoin for 2 Pizzas
When Laszlo Hanyecz forked over 10,000 bitcoin in exchange for 2 Papa John pizzas fourteen years ago, he couldn’t possibly have imagined what the future would hold. Today, those bitcoin would collectively be worth close to $700,000,000. And if the current halving cycle echoes history, there is a good chance they will be worth a cool $1 billion in the not too distant future.
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Read MoreThe Ivy
Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet
News just came out that Warren Buffett was back in the market buying again and this time the stock comes as a bit of a surprise, it’s Pool Corp.
On the back of the news, Pool share price popped 3% as a stampede of buyers flooded in after the Oracle of Omaha. So what is it about this swimming pool supplies company that has piqued the interest of the 93 year old billionaire?
» Read more about: Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet »
Read MoreThe Spotlight
Why You MUST Own Blue-Chip Stocks
Some of the most tried and true investing strategies can make buying stocks less risky over time. Among the best strategies is blue chip investing: buying stocks of well-known companies with solid financial track records.
These stocks have several competitive advantages. While they are not immune to market downturns,