Chilean investors welcomed the election of Jose Antonio Kast as president, with markets rallying on expectations of more market-friendly and pro-investment policies. Kast secured a decisive runoff victory, beating leftist candidate Jeannette Jara by roughly 16 percentage points. He will assume office in March, succeeding President Gabriel Boric. 🔹 Market Reaction 🔹 Policy Expectations Kast...
Nasdaq has submitted a new rule proposal that would give the exchange greater discretion to block IPOs, even when companies technically meet listing standards — if red flags suggest their shares could be vulnerable to market manipulation. The move reflects growing concern over volatile listings, particularly from opaque jurisdictions, and signals a push to raise...
U.S. equity funds recorded their first weekly inflow in three weeks as investors positioned ahead of the Federal Reserve’s expected policy rate cut. In the week through December 10, investors added a net $3.3 billion to U.S. equity funds, nearly reversing the prior week’s $3.52 billion outflow, according to LSEG Lipper data. 🔹 Sector Rotation...
Global equity funds recorded their largest weekly inflow in five weeks, as investors positioned for a potential shift in U.S. monetary policy — despite ongoing concerns around elevated tech valuations and heavy AI-related spending. In the week to December 10, investors added a net $12.9 billion to global equity funds, the highest since early November....
India’s pension funds are urging the regulator to introduce a new “held-to-maturity (HTM)” debt category, allowing them to hold bonds until maturity and avoid daily mark-to-market price swings, according to sources familiar with the discussions. The request follows a PFRDA proposal to value only long-term bonds on an accrual basis, while continuing mark-to-market valuation for...
As AI-driven optimism pushes global equities to record highs, the infrastructure behind AI — data centres — is increasingly being financed with debt, raising new questions about credit risk and financial stability. According to UBS, AI data-centre and project financing has surged to $125B in 2025, up sharply from $15B in 2024, with credit markets...