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OCBC deepens next-generation wealth franchise with expansion of GENesis programme
OCBC GENesis initiative prepares high-net-worth families’ next generation to navigate wealth and legacy transitions; image credit: RidhamSupriyanto/shutterstock OCBC has expanded its invite-only GENesis programme to include the children of high-net-worth customers in Hong Kong. Now in its third year, the exclusive programme has grown steadily since its inception with 27 participants from Singapore, Malaysia, Indonesia…
Is Oklo Stock a No-Brainer Buy at Less Than $50?
Oklo (OKLO +5.94%) isn’t in the tech sector, but its performance hasn’t been too different from that of many artificial intelligence (AI) stocks. While it’s an energy company, its growth story centers heavily on its small, modular reactors that can be placed near data centers, providing them with clean energy. As tech companies invest in…
Bank of Canada’s Macklem flags risk of delaying rate hike too long
By Erik Hertzberg (Bloomberg) — Bank of Canada Governor Tiff Macklem said policymakers don’t want to be late to hike interest rates should inflationary pressures prove to be stubborn. In the text of a speech to be delivered in Halifax, Nova Scotia, Macklem said that while officials don’t want to hike borrowing costs if prices…
Hedge funds target Andy Burnham’s UK policy agenda
Hedge fund short-sellers have ramped up bets against U.K.-listed stocks this year, with disclosed positions surging fivefold in the first half of 2026. Now, investors believe a policy blitz under new Prime Minister Andy Burnham could widen the opportunity set across U.K. equities on both the long and short sides of their portfolios. Burnham took…
PGIM sells data centre development site near Munich
Nabil Mabed, Head of Value Add Europe, Real Estate at PGIM Nabil Mabed, Head of Value Add Europe, Real Estate at PGIM, said the sale “crystallises the value created through securing planning consent and grid connection.” CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe…
Trump pushes Fed to cut rates ahead of pivotal September decision
President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Ten days ahead of a meeting in which the Federal Reserve will likely consider raising interest rates, the Trump…
