Glenstone offer for Alternative Income REIT gets 2.25% acceptance

Here is what you need to know on Tuesday, August 18: The US Dollar Index (DXY) starts the week on the back foot, with the US Dollar Index (DXY) slipping toward two-month lows and holding below the 100.00 mark. August’s run of underwhelming US data jobs, inflation and retail sales has steadily trimmed bets on…

The Australian Dollar (AUD) accelerated its rally against the US Dollar (USD) on Friday, hitting session highs above 0.7150 for the first time since early June and drawing closer to a three-month top, in the 0.7200 area. Australia’s business activity figures highlighted a steady growth in July, although the main driver for the pair remains…

US Army Secretary Driscoll resigns after months of friction with Hegseth !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

In June, South Korea had the best performing stock market in the world. But today it is seeing one of the fastest crashes in modern market history, dropping 34% in just 25 trading days and wiping $2.1 trillion off the Seoul market. So the question for every investor – was this a uniquely Korean crash…

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks after the company’s initial public offering at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker’s initial public offering in May. But the stock…

Rajendra Prasad, Al Mulla Group’s head of group treasury, discusses the Kuwaiti conglomerate’s treasury modernization, which earned it a TCM Systems and Services award. Global Finance: What was the treasury function like when you joined Al Mulla in 2022, and what necessitated this large-scale transformation? Rajendra Prasad: I encountered a conglomerate with 40-plus subsidiaries using a…