The Virtus Reaves Utilities ETF posted a 4.91% decline in Q4 2025, underperforming both the S&P 500 and the S&P Utilities Index. While the broader utility sector modestly lagged the broader market, the fund’s top contributors—DTE Energy, Duke Energy, WEC Energy, and OGE Energy—added modest gains, whereas Talen Energy and Vistra dragged performance. The commentary highlights accelerating electricity demand from AI and data‑center expansion, suggesting higher load forecasts and capital spending. Management views AI‑driven power needs as a durable, long‑term investment theme.

Olympian Homes received gateway 2 approval from the Building Safety Regulator for its 46‑storey Vivus Living co‑living tower at Marsh Wall, Canary Wharf. The development will contain 833 studio units, hotel‑style services, and aims to raise £280 million in debt and equity, with...

The UK’s official international reserves rose in February 2026, reaching approximately £115 billion, driven primarily by gains in foreign‑currency assets. Gold holdings remained steady at around £10 billion, while IMF‑related assets showed a marginal increase. The reserve portfolio’s composition shifted slightly toward US‑dollar‑denominated...
Axis Bank announced it will serve as Tesla's preferred financing partner in India, becoming the first lender to provide loan tenures up to 10 years for premium electric vehicles. The partnership will roll out across major metros and emerging EV...

European sovereign bonds slipped for a third consecutive session as surging oil and natural‑gas prices revived inflation concerns. The rally in energy commodities coincided with a U.S. initiative to secure a key Middle‑East shipping lane, which failed to calm markets....

The United States and Israel carried out a drone strike that killed Iran’s spiritual leader, Ayatollah Ali Khamenei, marking a rare state‑sanctioned assassination of a foreign head of state. The attack, framed as a response to Iran’s nuclear program, instead...

Fitch Ratings lowered Indonesia's credit outlook to negative, citing rising policy uncertainty. The agency kept the long‑term foreign‑currency issuer default rating at BBB, an investment‑grade level. This follows Moody's February decision to downgrade the outlook amid concerns over governance under...

Catastrophe‑bond yields stayed flat in February 2026, ending at 8.91% versus 8.87% in January. Primary issuances were priced roughly 30% lower than recent historical levels, generating price pressure that muted the expected seasonal spread widening after the hurricane season. Strong...

Hua Medicine announced that its glucokinase activator dorzagliatin, marketed as MYHOMSIS®, received marketing approval from Hong Kong’s Department of Health under the “1+” regulatory pathway. The drug, the world’s first‑in‑class GKA, targets the root cause of glucose dysregulation in Type 2 diabetes...
The EURO STOXX 50 celebrated its 28th anniversary in February, posting a 3.3% gain and reaching a new price record. €7.3 billion flowed into 22 ETFs tracking the index in 2025, with an additional €0.5 billion in January 2026, lifting ETF assets to €53.6 billion....

Best Nights VC, the venture arm of Jägermeister, has invested in socially‑responsible hostel chain Mad Monkey alongside lead investor EXS Capital. The deal supports Mad Monkey’s expansion across Southeast Asia and Australia, where it already delivers over one million bed‑nights to more...
Ghana's banking sector is stabilizing as macroeconomic recovery and sweeping reforms take hold. Inflation fell from a record 54.1% in 2022 to 5.4% by early 2026 and the cedi appreciated about 30% while the Bank of Ghana cut its policy...

Beazley’s CEO Adrian Cox announced that the insurer will move beyond issuing cyber catastrophe bonds to full‑scale securitisation and transformation of cyber risks. A dedicated cyber insurance‑linked securities (ILS) fund is slated for launch in 2026, built on the company’s...

Chinese sovereign bonds are positioning themselves as a strategic alternative to US Treasuries, driven by investor demand for geopolitical hedges. Recent dollar‑denominated issuances in Hong Kong saw a 30‑times oversubscription, with coupon rates closely matching Treasury yields. Economist Xu Qiyuan...

The US‑Israel‑Iran war has triggered an immediate surge in derivatives trading, especially ultra‑short‑dated options. Zero‑days‑to‑expiration (0DTE) contracts now dominate SPX volume, accounting for two‑thirds of activity. Traders are buying protective puts to hedge against further escalation, while crypto options have...
Federal budget approvals for 2026 dramatically increase nondilutive capital for biotech, raising NIH funding to $49 billion and expanding programs like CDMRP and ARPA‑H. Seed‑stage companies are responding, with 38 % planning to rely on grants and other non‑equity sources. Simultaneously, mission‑driven...

Vistry Group Plc shares plunged 25% after the homebuilder warned profit growth will remain sluggish in 2026 and announced CEO Greg Fitzgerald’s retirement. The full‑year results highlighted challenging market conditions, tighter mortgage lending and higher construction costs. Profit delivery is...

Vinhomes Green Paradise in Ho Chi Minh City has launched a Smart City Certification Project with Korea Management Association Consulting, the World Council on City Data and the Standardized Urban Metrics initiative. The development aims to become Vietnam’s first internationally...

VinEnergo, the Vietnamese renewable energy arm of Vingroup, unveiled a global expansion plan anchored by a secured 10 GW project portfolio across Europe and Asia. The company aims to scale its total capacity to 100 GW within three years, focusing on 50 GW...

Affirm warns that many renters face predatory BNPL schemes that can charge over 180% APR, turning a simple rent split into costly debt. The fintech highlights its own consumer‑friendly approach, offering a zero‑interest Pay in 4 plan that breaks rent...

Allianz’s latest Risk Barometer indicates that 51% of more than 3,000 executives view a geopolitically‑driven global supply‑chain paralysis as the most likely Black Swan event within five years, with a global internet outage close behind. The survey highlights rising concern...

Iran has launched strikes against U.S. bases in the Gulf States, citing their role in the U.S.-Israel campaign, yet it has refrained from hitting the two American installations in Turkey. Tehran views the Gulf nations as militarily weak and economically...
Lufthansa CEO Carsten Spohr is leveraging his crisis‑management experience to improve margins, centralise the group and expand long‑haul capacity. After a 60% share‑price rise since early 2025, the airline posted its best punctuality in a decade with over 80% on‑time...

Berkshire Hathaway’s new CEO Greg Abel disclosed a sharp decline in 2025 underwriting profit, with GEICO alone responsible for more than half of the $1.9 billion drop. Across all property‑casualty units pretax underwriting profit fell 16.5% to $9.7 billion and combined ratios...

UAE equities fell sharply when markets reopened after a two‑day shutdown caused by the US‑Israeli attacks on Iran. The Dubai Financial Market General Index slid up to 4.9%, led by drops in Emirates NBD and Emaar Properties. Abu Dhabi’s FTSE...

The World Platinum Investment Council (WPIC) projects the platinum supply deficit to shrink dramatically to 240,000 ounces in 2026, down from a record 1.082 million ounces in 2025. Despite the narrowing gap, demand is expected to dip 8% to 7.62 million ounces...
The Simple Agreement for Future Equity (SAFE) lets early‑stage investors fund startups now and receive equity later, typically when a priced round occurs. Introduced by Y Combinator in 2013, SAFEs replace costly, time‑intensive convertible notes with a streamlined contract that omits...

Cambodia will host the Francophonie Summit in November, prompting tourism leaders to view the event as a catalyst for repositioning the country as a hub for trade, talent, and long‑stay visitors. Industry voices urge the government and private sector to...

Urea prices in Australia have surged by roughly A$150 per tonne after the escalation of the Iran‑US‑Israeli conflict shut the Strait of Hormuz, halting shipments from key Middle‑East producers such as Bahrain, Kuwait, Qatar and Saudi Arabia. Spot prices have...
The United States and Israel launched a coordinated strike—codenamed Epic Fury and Rising Lion—marking the first fully integrated U.S.-Israeli combat operation against Iran. The joint effort combined American air power with Israeli intelligence and special‑operations assets, targeting Tehran’s nuclear and...

London‑based Zodiac Maritime is expanding its crude carrier renewal by ordering five new tankers in Asia. The deal includes four 319,000‑dwt VLCCs from Jiangsu New Hantong Ship Heavy Industry at roughly $120 million each, slated for 2029 delivery, and a 157,000‑dwt...

Eastern DR Congo’s eastern provinces sit atop lithium, gold, coltan and other critical minerals that power the global energy transition and digital economy. Rising demand has drawn a slate of international actors, from the United States to China, intensifying geopolitical...
Indian equities deepened their decline on Tuesday as fragile sentiment and weaker-than-expected third‑quarter earnings weighed on the market. CIO Srinivas Rao Ravuri highlighted that forward earnings multiples sit around 19‑times, which he finds comfortable but not compelling. He favoured domestic‑driven...
The Xtrackers S&P 500 Scored & Screened ETF (SNPE) uses ESG screening, which has shifted its factor exposure toward information‑technology and growth stocks, allowing it to outperform the traditional S&P 500 tracker IVV since its 2019 inception. However, the current U.S.–Israel–Iran conflict and...
Gujarat Gas announced a 50% cut in gas supplies to industrial customers after the US‑Iran conflict disrupted regasified LNG imports, sending its shares down 4% to Rs 382 on the BSE. The company, which sources roughly 70% of its gas from...
The US Dollar Index surged past the 99‑point mark, trading around 99.20 for a third consecutive day, as investors reassessed Federal Reserve rate‑cut expectations. The 10‑year Treasury yield steadied near 4.06%, reflecting higher real yields amid rising inflation concerns. Escalating...
Apollo Global Management co‑president John Zito warned that the private‑credit market’s turbulence could persist for the next 12 to 18 months. While acknowledging a wave of fund withdrawals, he downplayed them as a systemic problem. Zito highlighted a widespread misunderstanding...

China's official manufacturing PMI slipped to 49.0 in February, matching a 33‑month low, while the private RatingDog index rose to 52.1, highlighting a split between domestic weakness and export‑driven resilience. Sub‑indices show production, new orders and employment contracting, even as...

Norway’s gas producers are operating at near‑full capacity as Europe scrambles for supply after the world’s largest LNG export terminal in Qatar was forced offline by an Iranian drone attack. The shutdown sent European spot gas prices soaring more than...
DBS China participated in 65.8 billion yuan of Panda‑bond issuances in 2025, capturing a 38% share of the China Interbank Bond Market. The bank also received a principal underwriting licence for non‑financial corporate bonds, the most extensive authority granted by the...
The USD/CAD pair rebounded toward the 1.3700 level after a brief pullback, but remains trapped in a two‑week range. A firmer U.S. dollar, buoyed by safe‑haven flows and waning expectations of three Fed rate cuts, is offsetting the rally in...
China’s RatingDog Manufacturing PMI surged to 62.1 in February, up from 50.3 in January, while the Services PMI rose to 56.7, both beating market expectations. The strong readings signal a robust rebound in Chinese factory output and service activity. The...

The Taiwan dollar fell to 31.782 per U.S. dollar, its weakest level since May, after foreign investors sold NT$230.2 billion of Taiwanese stocks this week – the largest weekly outflow since at least 2000. The sell‑off was triggered by heightened geopolitical...

Oil prices surged as Iran's IRGC declared the Strait of Hormuz closed, cutting 70‑80% of traffic. Brent crude rose above $80 per barrel for the first time since July 2024, while U.S. energy stocks outperformed the broader market. Analysts, led...
Asian markets slipped further on March 4 as geopolitical tensions in the Middle East escalated. Iran’s continued attacks and heightened Israeli‑U.S. pressure pushed energy prices higher, while airlines kept flights grounded. South Korea’s KOSPI index dropped again, marking a second consecutive...

Canadian airlines are trimming U.S. leisure capacity and redirecting aircraft to Latin America and the Caribbean as geopolitical tensions and trade‑policy shifts dampen cross‑border demand. Air Canada signals that the decline may be bottoming out, while Porter Airlines adds new...
India faces a looming gas crunch after Qatar halted LNG production, jeopardising the primary feedstock for urea manufacturing. The country currently holds only about two months of buffer stocks for urea and DAP, and prolonged shortages could force local plants...

Endeavour Group’s half‑year earnings show a 17.1% drop in net profit to $247 million despite a modest 0.2% rise in retail sales to $5.5 billion. The decline stems from an aggressive low‑price strategy that squeezed the retail drinks gross margin down 84...
Daktronics reported a 12% year‑over‑year increase in orders and a 36% jump in its product backlog to $321 million, delivering three straight quarters of top‑line growth. Net income rose 25% on an adjusted basis to $17.5 million, while operating margin edged toward...
PagSeguro reported 33.7 million clients, a 1.6 million YoY increase, and a 14% rise in cash‑in volume to BRL 95 billion in 2025. Banking revenue surged 50% to BRL 744 million, while gross profit grew modestly 2% to BRL 1.9 billion, helped by a repricing strategy that outpaced...