FinBI

real-estate-alternativesreits

China’s developers eagerly line up to offer commercial-property Reits

• China's first four exchange-traded real estate investment trusts (Reits) have launched, enabling fundraising for office, shopping center, and hotel developers amid market recovery hopes. • As of June 24, there are 19 listing applications for commercial property-backed Reits on the Shanghai and Shenzhen stock exchanges, with six already approved. • The initial four Reits raised 20.3 billion yuan (US$3 billion) and were oversubscribed, showing strong investor interest on their first trading day in Shanghai. • Analysts predict these Reits could yield annual returns of 4.4 to 5.65 percent, significantly higher than the 1 percent offered by commercial bank deposits. • Reits provide asset owners a way to access cash from illiquid assets while maintaining control, and offer investors regular dividends from property income.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

currencies-forexmajor-pairs

Opinion | Markets, not politics, will make China’s yuan a global currency

• The yuan's internationalization is hindered by market conditions rather than political aspirations, as its usability in finance remains limited. • Hong Kong's yuan deposits reached 1.13 trillion yuan (US$166.3 billion) by May, with cross-border trade settlements exceeding 1.12 trillion yuan. • Despite growth, the yuan accounted for only 2.75% of global payments on the Swift system, while the US dollar dominated at 50.73%. • The yuan's share in trade finance is 7%, but the US dollar still holds 82.5%, indicating the yuan's limited role in global finance. • The yuan represents 1.99% of global foreign exchange reserves, showing progress but highlighting its current non-essential status in international markets. • Offshore liquidity issues and funding costs challenge the yuan's competitiveness, as companies prioritize reliable and cost-effective currency options.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

real-estate-alternativesresidential-housing

Nearly Half of Adult Children Under 30 Move Back in With Parents

• In 2022, 49% of adults under 30 lived with a parent, a 12 percentage point increase since 2019, according to the Federal Reserve. • High living costs, including a national median home price above $400,000 and record rents, are driving young adults to move back home. • A survey indicates that 75% of young adults view living with family as a smart financial strategy, with 26% moving home specifically to save money. • The stigma associated with living at home has diminished, with 62% of respondents acknowledging a change in societal perceptions compared to previous generations. • In states with high living costs, such as New Jersey and California, the percentage of young adults living with parents is even higher, reaching up to 44%.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

fintech-bankinglending-creditwealthtech

3 Reasons High Earners Should Revisit Their Financial Plans Today

• High earners often overlook advanced financial planning strategies, such as the use of tax-aware fixed income investments, which can optimize after-tax returns. • Municipal bonds, while traditionally favored for their tax-exempt status, may not always provide the best after-tax yield compared to other bond types. • Improved technology has enhanced tax-loss harvesting strategies, allowing for more frequent and effective management of taxable gains and losses. • Advanced scenario planning tools can help high-income clients evaluate the tax implications of financial decisions, such as relocating to a state with lower income taxes. • Financial planners recommend that high-income investors revisit their wealth management strategies to take advantage of recent technological advancements in financial planning.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

equity-marketsearnings-reportsanalyst-ratings

DMart shares fall 4% after Q1 results. What are Motilal Oswal, other brokerages saying?

• DMart shares fell 4% to Rs 3,930 despite reporting an 11.3% YoY increase in consolidated net profit to Rs 860.6 crore for Q1 FY27. • Revenue from operations grew 14.9% YoY to Rs 18,794 crore, while EBITDA rose 15.4% YoY to Rs 1,499 crore, with a slight improvement in EBITDA margin to 8%. • Motilal Oswal maintained a Buy rating and raised its target price to Rs 4,800, citing resilient margins and healthy growth in non-metro stores. • Elara Capital kept an Accumulate rating with a target price of Rs 4,700, noting flat growth in metro stores and a decline in bills per store. • HDFC Securities retained an Add rating with a target price of Rs 4,150, highlighting moderated same-store sales growth and a slowdown in store expansion. • Emkay reiterated a Sell rating with a target price of Rs 3,700, indicating weakening growth indicators and increased competition from quick commerce.

Published Jul 13, 2026 • Added Jul 13 • 1 Source

regulation-policycrypto-regulation

Pakistan Crypto Regulator Seeks Dialogue Over Islamic Ruling

• PVARA Chairman Bilal bin Saqib emphasized the need for dialogue on digital assets' treatment under Islamic law after meeting scholar Mufti Taqi Usmani, who opposes crypto purchases. • The discussion included topics like blockchain technology, stablecoins, and the protection of citizens from financial fraud and exploitation. • Usmani and other scholars issued a ruling stating that crypto purchases do not qualify as recognized property under Islamic law, impacting public acceptance in Pakistan. • Saqib advocated for a nuanced approach to digital assets, suggesting careful technical assessments alongside Shariah evaluations. • Pakistan is moving towards a regulated crypto market, having recently allowed banks to open accounts for licensed virtual asset service providers. • The establishment of PVARA as the regulatory body follows the passage of the Virtual Assets Act 2026, which aims to oversee virtual asset activities in the country.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

currencies-forexcrypto-digital-assets

Bonzo Lend's total value locked plunges 77% as $9 million oracle exploit rattles Hedera

• Bonzo Lend experienced a loss of approximately $9.05 million due to an exploit of a verification flaw in a third-party oracle contract on the Hedera network. • The attacker manipulated the price of low-value SAUCE tokens, allowing them to borrow assets significantly exceeding their collateral. • Following the exploit, Bonzo Lend's total value locked (TVL) fell by 77%, while Hedera's overall TVL dropped nearly 40% within 24 hours. • The attacker borrowed approximately $10.06 million in total, with a portion of the funds later identified as being returned by a white-hat responder. • Hedera's current total value locked stands at $25.7 million after the incident, reflecting a significant decline in investor confidence.

Published Jul 11, 2026 • Added Jul 13 • 2 Sources

equity-marketsearnings-reportsdividends-buybacks

Coca-Cola Is Crushing the S&P 500 and Nasdaq-100. But There's an Even Better Reason to Buy the Stock in July.

• Coca-Cola has achieved a 19% year-to-date return, outperforming both the S&P 500 and Nasdaq-100, which are up 9% and 16% respectively. • The company reported a 12% increase in net revenue in Q1 2026, driven by higher volumes and prices, alongside a 35% operating margin. • Coca-Cola anticipates organic revenue growth of 4% to 5% and earnings per share growth of 8% to 9% for the full year, with projected free cash flow of $12.2 billion. • The company continues to be recognized as a Dividend King, having raised its quarterly dividend for the 64th consecutive year, now at $0.53 per share. • Despite its strong performance, Coca-Cola's price-to-earnings ratio remains reasonable at 26, below its historical median of 28, indicating a premium valuation.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

commodities-energycrude-oil

The Next Bull Market Could Be Built on Inventory Replenishment

• The Middle East's renewed military tensions, particularly involving Iran, have left global energy markets with a significantly weakened strategic safety net. • Crude oil prices are currently influenced by geopolitical events, with a shift from emergency supply releases to mandatory inventory replenishment becoming evident. • The U.S. Strategic Petroleum Reserve (SPR) has transitioned from an emergency stockpile to an active market-management tool, creating future purchasing obligations through exchange agreements. • Strategic reserve replenishment is expected to support global crude demand into 2028, potentially adding 500,000 to 750,000 barrels per day in purchasing requirements. • The current geopolitical climate is leading to higher transportation costs and a logistics-risk premium, as physical oil markets diverge from financial markets amidst uncertainty. • Future oil demand will be driven by simultaneous efforts to replenish strategic reserves, rebuild operational inventories, and strengthen energy security, rather than just recovering production levels.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

equity-marketsearnings-reportsmergers-acquisitions

Here is Why Hertz (HTZ) is One of the Best Stocks to Invest in Under $100

• Hertz Global Holdings Inc. (NASDAQ:HTZ) announced a $350 million private offering of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030. • The offering includes an option for initial purchasers to acquire an additional $50 million in notes, with proceeds aimed at reducing revolving credit facility debt. • The notes feature a 6.75% interest rate, payable semi-annually, and can be exchanged for cash, common stock, or a combination at an initial price of approximately $3.58 per share. • Concurrently, Hertz announced a public offering of 37,037,037 shares of common stock at $2.70 per share to facilitate hedging for investors in the notes. • Hertz operates in the vehicle rental sector under the Hertz, Dollar, and Thrifty brands, divided into Americas and International Rental Car segments.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

equity-marketsearnings-reportsanalyst-ratings

Salesforce receives double blow over an AI product

• Salesforce was downgraded to a Hold by both KeyBanc Capital Markets and Bernstein due to concerns about the slow adoption of its AI platform, Agentforce. • The stock fell approximately 3% to 4% following the downgrades, reflecting investor caution regarding the company's future growth prospects. • Analysts noted that customer data organization issues are hindering the effective deployment of Agentforce, which is critical for its success. • A recent survey indicated that more chief information officers plan to reduce Salesforce spending than to increase it over the next year. • Despite reporting a 205% increase in Agentforce's annual recurring revenue, analysts remain skeptical about the product's ability to drive significant future growth. • The upcoming earnings report is anticipated to provide further clarity on whether Agentforce can become a viable growth engine for Salesforce.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

real-estate-alternativesresidential-housing

Does Hong Kong’s housing market rebound need local owners to sustain it?

• Hong Kong's housing market has rebounded unexpectedly this year, with rising prices impacting affordability for local buyers. • Analysts warn that the rapid recovery could hinder its sustainability as it may deter potential homeowners from entering the market. • Local buyers, previously encouraged by falling prices, are now facing delays in purchasing homes due to increased costs. • The market recovery is fueled by returning local buyers, a surge in student rental demand, and renewed interest from mainland investors. • Prospective homeowners are adjusting their plans, with some delaying purchases by two to three years to save for larger down payments.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

regulation-policycrypto-regulation

10 Sunday Reads - The Big Picture

• SpaceX's valuation has reached approximately $350 billion, driven by optimistic investors, while seasoned investors remain skeptical about its profitability and governance issues. • Blacklisted entities reportedly handled $100 billion in cryptocurrencies in 2025, using them to evade sanctions and finance illicit activities. • A new report highlights the increasing risks to patients as private equity firms expand their involvement in the U.S. healthcare sector, prompting calls for more government oversight. • The U.S. is nearing record measles case totals due to declining vaccination rates and a weakened public health system, making outbreaks harder to control. • Americans are projected to lose nearly $250 billion to gambling in 2026, marking a significant increase of over 60% since 2019.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

commodities-energyenergy-transition

The Escalating Energy War Between California and the White House | OilPrice.com

• California is advancing its renewable energy initiatives, aiming for an emission-free grid by 2045, despite federal opposition and support for fossil fuels from the Trump administration. • The state has added 30.8 GW of clean energy and battery storage from 2019 to 2026, while still relying on natural gas as its primary energy source. • Legal disputes are ongoing between California and the Trump administration regarding offshore wind projects and the reactivation of a dormant oil pipeline. • California's Attorney General has indicated plans to sue the federal government over actions that threaten the state's clean energy goals and regulatory authority. • The California Energy Commission has criticized a federal agreement reallocating funds from offshore wind projects to fossil fuel initiatives, claiming it undermines state investments in clean energy.

Published Jul 11, 2026 • Added Jul 13 • 1 Source

commodities-energycrude-oil

Big Oil’s War-Related Profits Anger Governments | OilPrice.com

• Supermajors are projected to report significant second-quarter profits due to rising oil and gas prices linked to the U.S.-Iran conflict, with Exxon and Chevron expected to earn $15.9 billion and $10 billion, respectively. • President Trump has accused fuel retailers of price gouging, demanding immediate reductions in gasoline prices, which have topped $4 per gallon in the U.S. • The oil industry contends that geopolitical disruptions, rather than corporate actions, are responsible for the elevated prices, citing refining constraints and tighter fuel markets. • European lawmakers are also targeting Big Oil, calling for windfall profits to be used for climate action and accusing the industry of profiting from climate-related issues. • Refiners like Marathon and Valero are anticipated to report their highest profits in years, further intensifying scrutiny from government officials.

Published Jul 12, 2026 • Added Jul 13 • 1 Source

equity-marketsmergers-acquisitions

Business Moves

• ANV Group Holdings Ltd. has signed a merger agreement with Open Lending Corporation, which will become a privately held company after the transaction closes in Q3 2026. • Cover Whale Insurance Solutions LLC launched Breakwater Markets, a digital brokerage aimed at expanding its offerings in transportation risk insurance. • World Insurance Associates LLC has acquired ML Ruberton Agency and MLR Risk Management, enhancing its portfolio in personal and commercial insurance. • Inszone Insurance Services has made multiple acquisitions, including Sommelier Insurance Group LLC and Sanford, Bruker & Banks, to strengthen its presence across various states. • Honeycomb Insurance is expanding into Nevada following a $40 million funding round, offering agents access to various insurance products through its digital platform. • Orion180 Insurance has introduced its FLEX homeowners insurance in Colorado, utilizing a risk model tailored for local conditions such as hail and wildfire.

Published Jul 13, 2026 • Added Jul 13 • 1 Source

fintech-banking

California Insurance Commissioner OKs Upping Workers' Comp Pure Premium 10.4%

• California Insurance Commissioner Ricardo Lara approved a 10.4% increase in workers' compensation advisory pure premium rates effective September 1, 2026. • The average advisory pure premium rate will be $1.65 per $100 of payroll, reflecting the increase from the previous year. • The rate adjustment is based on insurer losses and expenses from accident years 2025 and earlier, according to the Workers’ Compensation Insurance Rating Bureau. • Key factors for the increase include a rise in cumulative trauma claims and escalating medical costs and loss adjustment expenses. • The advisory rates apply to both new and renewal policies starting September 1, 2026.

Published Jul 13, 2026 • Added Jul 13 • 1 Source

commodities-energysupply-chain

GE Vernova, Atlanta Electricals among top beneficiaries of India's transmission expansion

• The Indian government has allowed four Chinese manufacturers with local facilities to participate in power transmission projects, aiming to alleviate supply bottlenecks without significantly impacting market competition. • The extra-high-voltage (EHV) transformer segment remains a key bottleneck in project execution, with domestic manufacturing capacity expected to improve delays across the transmission value chain. • Demand-supply dynamics in the 400-765kV transformer segment are supportive, with limited capacity additions anticipated due to high entry barriers and stringent qualification norms. • GE Vernova and Atlanta Electricals are positioned to benefit from the transmission sector's growth, with strong order inflows and expansion into higher-voltage transformer categories. • Atlanta Electricals reported significant year-over-year growth in FY26, with management projecting a revenue CAGR of approximately 40% from FY25 to FY28. • The medium-term outlook for the transmission sector remains positive, driven by strong infrastructure demand and improving execution visibility despite potential future policy shifts.

Published Jul 13, 2026 • Added Jul 13 • 1 Source

equity-marketssector-rotationindex-movements

EM equities see $46 billion exodus in June as South Korea, Taiwan tech selloff rattles investors

• Foreign investors withdrew a net $46.1 billion from emerging market equities in June, primarily due to significant sell-offs in South Korea and Taiwan's technology sectors. • South Korea experienced its largest monthly equity outflow in over 25 years, with $30.5 billion withdrawn, while Taiwan saw $18.3 billion in outflows. • In contrast, emerging market debt attracted $28.3 billion in foreign inflows, reflecting a preference for fixed-income assets amid rising global uncertainty. • The Institute of International Finance (IIF) noted several macroeconomic risks affecting equity markets, including a potentially hawkish U.S. Federal Reserve and volatility in oil prices. • Emerging Asia faced $27 billion in overall portfolio outflows, while regions like Latin America and emerging Europe recorded positive portfolio flows during the same period. • Despite equity weaknesses, emerging markets maintained overall capital flows due to strong demand for debt, with sovereign issuance reaching approximately $170 billion in the first half of the year.

Published Jul 13, 2026 • Added Jul 13 • 1 Source

equity-marketsearnings-reportsindex-movements

Goldman Sachs pegs Nifty target at 26,500 by June 2027; lists 15 stocks from key themes

• Goldman Sachs projects the Nifty 50 to reach 26,500 by June 2027, indicating a potential 10% upside from current levels. • The brokerage notes that improving macroeconomic conditions and lower commodity prices have positively influenced the outlook for Indian equities. • Goldman Sachs believes foreign selling in Indian equities has peaked, with modest net buying observed since mid-June, particularly in financial stocks. • The firm anticipates a market shift towards value stocks in the second half of the year as economic recovery expectations rise. • Goldman Sachs has identified 15 largecap stocks, including Reliance Industries and HDFC Bank, as key picks to benefit from upcoming market trends.

Published Jul 13, 2026 • Added Jul 13 • 1 Source