Pending home sales dip in July — Midwest fares best
The mandatory minimum balance of 25 per cent of the total accumulated funds introduced under the Employees’ Provident Fund Scheme 2026 was prompted by low retirement savings among members, with nearly half of the subscribers left with only ₹10,000-20,000 in their provident fund (PF) accounts at the time of final settlement, the Employees’ Provident…
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Barclays has grown the notional value of its trades with Qube Research & Technologies (QRT) to more than $100 billion, according to a Bloomberg report citing people familiar with the matter, underscoring the quant hedge fund’s growing importance to the bank’s prime brokerage arm. The figure represents the gross face value of all positions between…
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Two of South Korea’s largest and most prominent companies are leading the artificial intelligence (AI) boom. Samsung Electronics (SSNLF +0.00%) and SK Hynix (SKHY +19.72%) sell some of the world’s most in-demand semiconductors and memory chips that are essential for building AI data centers. Last week, SK Hynix made its debut on the Nasdaq, where…
The Federal Open Market Committee of the Federal Reserve voted 9-3 last week to hold steady on interest rates. Those three no voters favored hiking rates now as a way to ward off inflation, and they’ve spoken out about their reasoning. “In my view, now is the time for the [Federal Open Market Committee] to…