Strategy Financial News

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

My client was very happy with his portfolio returns. Over the last two years, he had made a cool 30% internal rate of return (IRR).

Amid growing concerns about potential downturns for major cryptocurrencies like Solana (SOL) and Ethereum (ETH), investors are increasingly turning to DigiHorse (DIGI) as a safer and more promising alternative.

The European Union is trying to get a semblance of gender parity in its new executive Commission

For decades, climate scientists have been warning governments—and society at large—about the impact of climate change, especially the increased frequency and intensity of a range of nature-related disasters. Today, we are witnessing these unfold as news media headlines scream, almost on a daily basis, about how climate change has exacerbated disasters.

Narendra Modi 'hijack' another of Congress' guarantees, the party's general secretary in-charge communications, Jairam Ramesh, asked on September 3 with respect to the ongoing debate around caste census. In may be noted here that the debate over caste census continues to stir political discourse in India, highlighting the complexities of addressing historically marginalised communities while balancing social welfare and electoral strategy. The Congress questioned whether Modi will take up the mantle of conducting a caste census after the Rashtriya Swayamsevak Sangh (RSS) indicated no objection to it, provided the data is used for welfare and not politics. This inquiry comes after the RSS's statement on Monday during a three-day coordination conclave in Palakkad, Kerala, where it addressed the sensitive nature of caste-related issues for Hindu society.

Adarsh Developers is close to a financial turnaround, as it repaid a Rs 750 crore structured finance facility from Edelweiss Alternative Asset Advisors raised in 2022. The repayment, aided by operational cash flow and lower-cost refinancing from banks, has helped the Bengaluru-based company reduce its cost of funds by 8-9 percentage points. The initial funding from Edelweiss, raised at over 20%, was used for reviving its residential projects and generating liquidity. Edelweiss had lent the money in two tranches, with Rs 450 crore in the first instalment. While Adarsh Developers used part of the Rs 1,900 crore it raised from a land sale to Mapletree Investments earlier this year to repay Rs 450 crore, it continued to finance the remaining debt.

Defence stocks have corrected by up to 30% in the past one month as investors look to book profits after multibagger rallies over the past one-and-half years. As a strategy, investors should stay away from bottom fishing at this time and the decision to invest in this sector should come only when the signs of reversal become apparent, experts recommend. In the Nifty Defence index, six stocks have seen their price erode in double digits with Cochin Shipyard remaining the top loser in the pack falling by 30% in the last one month. It is followed by Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders which have declined by 26% and 21%, respectively in the same period.

Brigade Enterprises plans to raise up to Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its Qualified Institutional Placement (QIP) issue to raise funds. In a regulatory filing late on Monday, Brigade Enterprises informed that a committee of directors authorised the opening of the QIP Issue on Monday.

IndusInd Bank reached an all-time high of Rs 1,694.50 in January 2024, after which the stock began a downward trend. Currently trading at Rs 1,449.05, it has recently broken out of a falling trend line on the daily chart, with a notable increase in trading volume. This breakout suggests potential for further gains. The stock has rebounded from its support zone and surpassed key moving averages, including the short-term (20-day) EMA, medium-term (50-day) EMA, and long-term (200-day) EMA, indicating a strengthening trend.

₹1.5 lakh on its popular three-door Thar SUV model, just weeks after the launch of its larger sibling, the five-door Thar Roxx. The move is meant to maintain the sales momentum for the Thar, particularly as potential buyers may be swayed by its overlapping price points with the Thar Roxx, two people aware of the development said.

The $FET AI token underpinning the Artificial Superintelligence (ASI) Alliance is up 46% in the last fortnight, beating any other digital asset tied to artificial intelligence among the biggest 100 cryptocurrencies by market capitalization.

According to Scaramucci, Melania’s enthusiasm for Harris is not just a matter of political preference but is deeply rooted in her strong dislike for her husband, Donald Trump. While talking on MediasTouch podcast, the former White House official suggested that Melania’s support for Harris could surpass even his own. “I think Melania Trump might be the only person who feels that way,” Scaramucci said, hinting that her intense aversion to Trump is so significant that it affects her political choices. He humorously noted that even his wife and the podcast host’s spouse seem more neutral compared to Melania’s fervent stance.

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.

Prince Harry, 39, is seeking advice from former royal aides to improve his reputation. Reports suggest he is frustrated with Hollywood publicists and is turning to familiar faces in the UK for assistance. Palace insiders reveal that Harry is consulting his old friends and associates, hoping to find a better approach. According to sources, Harry believes he needs a new strategy because his current methods are not effective.

The role was created as part of PAM's wider restructure as it aims to create bespoke teams for each of its individual investment strategies.  abrdn GARS manager exits after nearly two decades Lane joins from abrdn where, as investment director, he helped to oversee the MyFolio Sustainable index fund range and co-managed the Dynamic Distribution fund alongside Robert Bowie.  «Progeny and the new head of active funds role felt like a natural fit for me, given the firm's exciting growth trajectory,» said Lane, who also leaves his position as chair of abrdn's strategic asset allocation...

Paul Schofield, currently co-head of global equity at Goldman Sachs Asset Management, has been poached by the firm to lead Royal London's Global Diversified Equity fund, a move that will see him flanked by Matt Burgess and Finn Provan.  «I have long-admired RLAM's clear strategy, investment performance and strong brand, alongside its focus on delivering first class capabilities to deliver good outcomes for clients,» he said.  «I look forward to working with the team, using my experience of running both teams and funds to complement their investment process,» Schofield added, as he joi...

“Our Iceberg Is Melting: Changing and Succeeding Under Any Conditions” by Holger Rathgeber and John Kotter paints a simple visual story of a group of penguins who are unaware that the iceberg they live on is melting. The story follows the journey of one penguin, Fred, who makes the discovery and then the intricate journey Fred has to undertake to convince his community of penguins that their iceberg is melting and that they need to move their habitat. Central to the story are the motivations of each character in the penguin colony and how Fred and his growing clan of believers help them see the real picture.

Dodd founded the Edinburgh-headquartered firm alongside Mark Tyndall, Derek Stuart and Lindsay Whitelaw in 1997. Before that, he was a senior investment manager of UK smaller companies at Ivory & Sime, where he launched and managed funds for a decade. He currently co-manages the £140m Artemis Alpha trust (ATS), which today (2 September) proposed a merger with the £216m Aurora Investment trust (ARR). Dodd also spent ten years managing the Artemis UK Smaller Companies fund, a strategy he launched. Artemis Alpha proposes merger with Aurora Investment trust In a statement, senior partn...

A rare call for a general strike in Israel to protest the failure to return hostages held in Gaza led to closures and other disruptions around the country, including at its main international airport

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...