Malaysia PM unveils measures to tackle living costs, support local businesses

The S&P 500 started and ended the week on a sour note, ultimately resulting in a 1.6% loss. Key Takeaways The S&P 500 posted a 1.6% weekly loss. The index is currently sitting 2.0% below its record close reached on June 2nd, 2026. The S&P 500 is currently up 8.9% year-to-date, while the S&P Equal…

A man who posed as a mortgage adviser and defrauded four people of more than £200,000 has been sentenced at Chester Crown Court. Adam Francis, 48, of Barnton, near Northwich, Cheshire, received a 25-month prison sentence, suspended for two years, along with up to 20 days of rehabilitation. He had previously pleaded guilty to four…

The Ireland-domiciled fund will be managed with input from Neil Sutherland. Credit: IgorGolovniov/ Shutterstock.com. Schroders has obtained approval from the Central Bank of Ireland for a tokenised share class in a US dollar money market fund, its first launch of this type. The share class, Schroders onchain active returns (SOAR), is intended to address client…

The reason pump prices have not fallen as sharply as global crude would suggest, Fan explained, is structural. “There’s more that goes into pump prices than just global oil: refinery margins, retailer margins, seasonality, and exchange rates. We’re seeing a wider than usual gap between refined products and crude oil, but later this year we…

Diluted net income per unit rose to $0.52 from $0.49 year-over-year. Core funds from operations (FFO) per unit — diluted reached $0.40, a 5.3% increase, driven primarily by commercial same property net operating income (NOI) growth of 4.3% and unit repurchases. On the strength of those results, the trust raised its 2026 commercial same property…