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Irans acting defense minister said that Iran has the capability to simultaneously employ both negotiation and confrontation strategies and can respond to any breaches of commitment by the United States during negotiations.Hang Seng Index futures closed up 0.29% at 23,830 points in overnight trading, a premium of 61 points.Venezuelas central bank: Oil export revenue rose to $5.49 billion in the first quarter of 2026.On June 23, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Foreign Affairs Commission, met with El-Din, Secretary-General of the Egyptian National Security Council, in New Delhi. Wang Yi stated that the international situation is currently undergoing profound and complex changes. China and Egypt, as important members of the Global South, share broad common ground in international and regional affairs and bear important responsibilities for maintaining international and regional stability. China is willing to strengthen coordination and cooperation with Egypt on international multilateral platforms such as BRICS and the United Nations, jointly safeguard the independence, autonomy, and self-reliance of the Global South, actively promote the multipolarization process, and work together to build a community with a shared future for mankind.June 23 - As of 2:30 PM closing, the main Shanghai gold futures contract closed down 0.18% at 915 yuan/gram, the main Shanghai silver futures contract closed down 1.23% at 15,768 yuan/kilogram, and the main SC crude oil futures contract closed down 1.72% at 502 yuan/barrel.

The Australian Authority Suspends Orders For Two Permanent Investment Funds

Charlie Brooks

Nov 25, 2022 14:27

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Friday, the Australian securities regulator ordered a unit of asset management firm Perpetual Ltd to temporarily halt promoting or delivering two products to individual investors due to elevated market risks.


Perpetual is aiming to conclude a deal with EQT-owned Barings Private Equity Asia (BPEA) and Regal Partners, while being compelled by the court to launch its own takeover proposal for rival Pendal Group.


The Australian Securities & Investments Commission (ASIC) has ordered Perpetual Investment Management's Perpetual Pure Microcap Fund and Perpetual Geared Australian Share Fund to halt distributing interest and giving advice to retail investors for 21 days.


According to the regulator, the portfolios of the funds are exposed to extreme market volatility and carry substantial risks, increasing the potential that investors would sustain enormous losses.


"ASIC issued the interim measures to protect retail investors from engaging in funds that may not be appropriate for their financial objectives, circumstances, or needs," the regulator noted.


"The Australian Securities and Investments Commission is concerned that Perpetual did not appropriately consider these features and risks when choosing the wide target markets for the products."


The government expects Perpetual to take "immediate measures" to ensure compliance.


Reuters requested a response from Perpetual but did not receive a prompt reply.

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