General News

July 16, 2026 @ 12:26 am By Omar Faridi  |  

CB Insights has pointed out that global venture capital activity in the second quarter of 2026 showed continued strength in total dollars deployed. According to CB Insights’ latest State of Venture report, funding surpassed $200 billion for the second consecutive quarter, building on the record… Read More

July 13, 2026 @ 11:25 pm By Omar Faridi  |  

According to the latest joint report from KPMG and the Recruitment & Employment Confederation (REC), the UK jobs market in June 2026 reflected ongoing economic caution amid geopolitical tensions. Compiled by S&P Global from surveys of approximately 400 recruitment agencies, the data highlights a notable… Read More

July 13, 2026 @ 12:42 pm By Omar Faridi  |  

Ripple CEO Brad Garlinghouse recently shared that in the wake of the US Securities and Exchange Commission’s (SEC) 2020 enforcement action, he and co-founder Chris Larsen carefully evaluated shutting down the organization and allocating its extensive XRP reserves directly to equity holders. This alternative would… Read More

July 12, 2026 @ 6:57 am By Michael Wong  |  

“Innovation needs capital, and Hong Kong is where capital and ideas meet,” the city’s Financial Secretary Paul Chan Mo-po said as Hong Kong sought to reinforce its position as a regional technology and fundraising hub during the inaugural LEAP East conference. The three-day LEAP East… Read More

July 12, 2026 @ 6:50 am By Omar Faridi  |  

A new analysis from Equifax (NYSE: EFX) underscores mounting financial strain on US households, particularly those in the middle-income bracket. The company’s latest Market Pulse Index, which draws on anonymized credit, debt, income, and asset information combined with credit scoring insights, fell to 60.9 in… Read More

July 12, 2026 @ 1:04 am By Michael Wong  |  

A consortium led by private investment firm B Capital has agreed to acquire global investment solutions provider Russell Investments from private equity firms TA Associates and Reverence Capital Partners, as the asset manager looks to expand its technology capabilities and accelerate growth. The investor group… Read More

July 6, 2026 @ 2:39 am By Michael Wong  |  

Private markets investment firm Hamilton Lane has held the final close of its sixth direct equity fund, raising $3.8 billion in total commitments for its Direct Equity strategy in and alongside Hamilton Lane Equity Opportunities Fund VI, or EO VI. The fundraising marks the firm’s… Read More

July 5, 2026 @ 12:45 pm By Michael Wong  |  

The Asian Development Bank (ADB) and Golomt Bank have signed a $64 million loan agreement to expand sustainable finance and increase lending to micro, small, and medium-sized enterprises (MSMEs), including women-owned businesses, in Mongolia. The financing package comprises $60 million from ADB’s ordinary capital resources… Read More

July 4, 2026 @ 8:26 am By Omar Faridi  |  

A research report indicates that the US private credit and middle-market sector wrapped up the second quarter of 2026 with notably subdued buyout and direct-lending activity. This, according to PitchBook’s update which also noted that while the overall deal flow remained light, a handful of… Read More

July 4, 2026 @ 5:55 am By Tony Zerucha  |  

Select fintech product releases this week from Ondo Finance, Lantern, Bluprynt and Klaviyo. Ondo Finance, Broadridge Financial Solutions launch third-party tokenized securities solution It’s a live solution of third-party tokenized U.S. securities operating entirely within the existing regulatory perimeter in the U.S. to provide full… Read More

July 3, 2026 @ 8:19 am By Omar Faridi  |  

The Bank for International Settlements (BIS) released its latest Economic Report, extensively outlining several interconnected challenges facing the world economy. These include uncertainties around the longevity of the artificial intelligence expansion, persistent financial fragilities, stretched government budgets, and renewed inflationary risks. The research report from… Read More

June 30, 2026 @ 9:09 am By Omar Faridi  |  

The Bank of England’s Money and Credit statistics point to a noticeable slowdown in mortgage activity, with net borrowing by individuals falling to £2.9 billion from £4.4 billion in April. KPMG UK also mentioned that mortgage approvals for house purchases declined to 56,200, down from… Read More

June 20, 2026 @ 11:35 am By Michael Wong  |  

The Dubai Gold and Commodities Exchange (DGCX) will launch its Gold Spot T+0 Contract on June 22, introducing the first same-day physically settled spot gold product on a regulated exchange in the GCC and strengthening Dubai’s gold market infrastructure. The contract has been developed to… Read More

June 20, 2026 @ 7:33 am By Tony Zerucha  |  

A new study of American debt by Spinwheel shows Americans are carrying record levels. The danger increases as they add multiple debt types. Spinwheel analyzed $2.9 billion in consumer debt from more than 20,000 borrowers between November, 2025 and this May. Simply adding one debt… Read More

June 20, 2026 @ 1:54 am By Omar Faridi  |  

Recent UK labor market statistics have offered key insights into wage dynamics and employment trends, providing policymakers with important signals as they navigate ongoing economic challenges. According to analysis from professional services firm KPMG, the data suggests a cooling in underlying pay pressures, which could… Read More

June 17, 2026 @ 3:39 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) indicated that as the year 2026 reaches its halfway point, American consumers continue to display a positive outlook on their financial situations even as affordability strains intensify due to ongoing economic and global factors. A recent study from TransUnion reveals that optimism… Read More

June 16, 2026 @ 5:38 pm By JD Alois  |  

Regulation CF, or Reg CF, is the smallest of the securities crowdfunding exemptions, as issuers may raise up to $5 million. Still, the exemption has helped build an industry in which smaller firms can access capital through a regulated securities offering open to anyone, not just Accredited Investors…. Read More

June 15, 2026 @ 2:19 pm By Omar Faridi  |  

A new report shares that the US private equity middle market kicked off 2026 on a solid note, with deal value climbing to $103.8 billion—a 10.7% increase from the prior year and the strongest first-quarter performance in five years. According to PitchBook data, this figure also exceeded… Read More

June 11, 2026 @ 3:30 am By Omar Faridi  |  

EY has noted that despite persistent geopolitical tensions, trade policy uncertainties, fluctuating interest rates, and supply chain disruptions, US mergers and acquisitions (M&A) activity for deals exceeding $100 million is projected to expand by 8% in deal volume during 2026. This outlook, from EY-Parthenon’s Deal… Read More

June 10, 2026 @ 8:55 am By Omar Faridi  |  

A recent survey from EY-Parthenon reveals that US based consumers are approaching the summer season with heightened caution, significantly trimming spending on travel, dining out, and entertainment. Despite many households describing their day-to-day finances as steady, broader worries about the economy and international events are… Read More