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CLO Refinancing Plans Put On Ice in Europe as Funding Costs Rise
As the war in the Middle East drives up the cost of CLO funding, some European managers are shelving their refinancing plans — a move that may complicate efforts by the region’s riskiest borrowers to roll over their debt.
Key NASA administrator breaks down goals of Artemis II mission
Lakiesha Hawkins, the acting deputy associate administrator for NASA's Exploration Systems Development Mission Directorate (ESDMD), joins CBS News 24/7 to break down the goals of the Artemis II moon mission.
Landlords ‘leveraging up’ by exploiting property tax rules are fuelling Australia’s housing affordability crisis, analysis finds
Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has foundGet our breaking news email, free app or daily news podcastThe combination of the capital gains tax discount and negative gearing rules has turbo...
Washington state’s ‘historic’ millionaire tax takes aim at super-rich – will it succeed?
As living costs rise, the state where Gates and Bezos made billions is targeting top earners – could other states follow?Noel Frame knows exactly how difficult it is to raise taxes on the ultra-wealthy, because she has been trying to do just that – first as an activist, then as a state legislator –...
China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser
China has sufficient leeway to cope with imported inflationary shocks from Middle East instability, a monetary-policy adviser to the People’s Bank of China said, but the country must balance those pressures with economic-growth risks. Huang Yiping, a member of the PBOC’s Monetary Policy Committee, s...
Major Developments Partners with Mortix to Help Investors Secure Property Loans with Ease
Major Developments hosted the official partnership signing ceremony with Mortix Mortgage Broker at its Dubai headquarters, marking a strategic step toward making homeownership and real estate investment more seamless for clients across the world.The partnership brings together Major Developments’ high-demand portfolio with Mortix’s mortgage expertise, allowing Major Developments’ clients to access free mortgage services as part of a broader, more investor-friendly purchase journey. Mortix is a...
US IPO Prospects in Limbo as War Dents Optimism Ahead of SpaceX
The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX’s potential blockbuster listing could still go ahead, and make their who...
KSE-100 climbs by over 1,800 points during intraday trade
The Pakistan Stock Exchange’s KSE-100 index climbed by 1,804.59 points during intraday trade on Tuesday after witnessing a meltdown a day earlier. The KSE-100 index climbed by 1,804.59 points, or 1.23 per cent, to stand at 148,647.56 at 12:19pm from the previous close of 146,842.97. On Monday, PSX c...
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Abu Dhabi’s ePointZero buys US gas assets in $2.25 billion deal
DUBAI 22°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 22°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / MarketsAbu Dhabi’s ePointZero buys US gas assets in $2.25 billion dealDeal...
IHC moves to take control of Indian lender Sammaan in $1 billion deal
DUBAI 22°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 22°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / MarketsIHC moves to take control of Indian lender Sammaan in $1 billion dea...
Revised ITR deadline, higher STT: Full list of new financial rule changes from Apr 1
Rules for claiming House Rent Allowance (HRA) have been tightened. Employees must now provide their landlord’s PAN and proper rent proof.
Tether Cuts Top Gold Traders Months After Hiring Them From HSBC
Tether Holdings SA has cut two senior precious metals traders who had joined from HSBC Holdings Plc just months ago as part of the stablecoin issuer’s plan to build “the best trading floor for gold in the world.”
Morocco’s Casablanca Jumps Seven Places in Global Finance Ranking
Casablanca strengthened its position as Morocco’s leading financial hub in the latest Global Financial Centres Index (GFCI), ranking 49th worldwide and retaining its place as the top financial center in Africa. The post Morocco’s Casablanca Jumps Seven Places in Global Finance Ranking appeared first...
Hong Kong exporter confidence records steepest drop in 2 years
Confidence among Hong Kong’s exporters fell at its steepest rate in two years amid global trade turbulence even as demand was expected to remain stable over the long term. The Trade Development Council (TDC) on Tuesday said its Exporters Confidence Index for the first quarter of 2026 showed that tra...
Pakistan and Romania to enhance connectivity between Karachi, Constanta ports
ISLAMABAD: Pakistan and Romania have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation and improve maritime connectivity between Karachi Port and the Port of Constanta in the Black Sea. The MoU was signed on behalf of the two countries by Shahid Ahmed, Chairman of Karach...
Gas hits $4 on average in US
The average price of standard gas in the U.S. hit $4 as of Tuesday morning, after hovering right under the dollar mark for about a week. This is up by over a dollar from a month ago after the onset of the Iran conflict at the end of February spiked fuel prices. The average price…
Bank holidays in April 2026: When will banks remain closed? Check state-wise list
Banks across India will observe several closures in April 2026 due to national and state-specific holidays, including year-end finalization and Good Friday. Several states will also see branches shut for regional festivals and observances like Dr. Babasaheb Ambedkar Jayanti and Bengali New Year. Dig...
Amid US-Iran war, India’s diesel exports see big 20% jump; petrol exports fall 33%
Although crude prices have surged amid the near shutdown of the Strait of Hormuz, the effect has differed across fuels. Crack spreads for diesel and jet fuel have climbed to new highs, whereas those for petrol have remained broadly stable.