By Nojoud Al Mallees (Bloomberg) — Canada’s imports from the U.S. reached a record high in June, fuelled by a surge in computer parts used for data centres as the country looks to expand its artificial intelligence infrastructure. Higher volumes of electronic and electrical equipment and parts drove an increase in total Canadian imports, as…
Polymarket is in early talks for a new funding round that could value the company above $20 billion. The talks would extend a valuation climb that started in October 2025. Finance Magnates reported at the time that Intercontinental Exchange agreed to invest up to $2 billion in the platform at an $8 billion valuation with…
Mumbai:Baroda BNP Paribas Mutual Fund has appointed Madhu Nair as the chief executive officer of the asset manager. Nair will succeed Sanjay Grover, who has been on interim deputation from Bank of Baroda since Suresh Soni left the fund house in August 2025. Baroda BNP Paribas Mutual Fund is a joint venture between Bank of…
Residential properties across India’s biggest cities have delivered a rare double win since 2019—prices have surged by as much as 125% while rental yields have simultaneously improved by up to 100 basis points, signalling that homes are increasingly generating stronger cash flows even as they become more valuable. An analysis by ANAROCK…
Landlords accelerated possession proceedings in July to meet the final court deadline for Section 21 notices, resulting in a 28% increase in instructions compared to the previous year, according to new data from Landlord Action. The surge made July one of the firm’s busiest months in the past year, second only to the period immediately…
Most expensive market $2,050,000 San Jose, CA — ▼ 4.2% YoY No. 10 most expensive $879,900 Los Angeles, CA — flat YoY National median, Q2 2026 $434,900 ▲ 1.5% year-over-year Metro area Median price YoY 1 San Jose, CA $2,050,000 ▼ 4.2% 2 San Francisco, CA $1,500,000 ▲ 5.2% 3 Anaheim, CA $1,485,000 ▲ 3.7%…
While Chipotle’s stock slid on Tuesday, it said health investigators had “no ongoing concerns” with the chain after it removed the jalapenos.
Mumbai: Hong Kong and Shanghai Banking Corp Ltd’s (HSBC) India profit before tax increased 4% year on year in the first half of calendar 2026 led by higher revenue from corporate and institutional banking (CIB) its largest vertical in India. Profit before tax increased to $965 million in six months ended June 2026 from $931…
Kolkata: India’s microfinance sector contracted in the first quarter of this financial year after a rebound in the previous three months as uneven monsoon progress weighed on rural demand amid a traditionally weak period. The sector’s portfolio shrank 4% to ₹3.26 lakh crore at the end of June from ₹3.39 lakh crore three months earlier,…
Mortgage rates were a bit hesitant to follow the bond market’s advice yesterday. Specifically, bonds rallied (i.e. bond prices moved higher and yields/rates moved lower). This almost always coincides with mortgage rates falling by a proportional amount. But yesterday didn’t see the typical level of correlation for many lenders. Today is a different story. The…