Saratoga Investment Corp. announced a 13.4% increase in assets under management (AUM) to $1.109 billion and a 9.1% annual return on equity (ROE) for fiscal year 2026, outperforming the BDC industry average of 4.3%. The company saw net originations of $101.1 million in Q4 2026, supporting new and follow-on investments, while maintaining low non-accruals at 0.2% of fair value. Despite a slight decline in net asset value per share due to dividends and market conditions, Saratoga declared a strong dividend yield of 12.6% for fiscal 2027’s first quarter. The company remains focused on disciplined underwriting and portfolio growth amid a volatile economic environment.
Dr. Dajun Yang, Chairman and CEO of Ascentage Pharma, was ranked No. 3 on The Medicine Maker Power List 2026 in the Small Molecules category, recognizing his leadership in oncology drug development. Under his guidance, Ascentage Pharma has advanced i...
Charles Hoskinson, co-founder of Cardano, warned that Bitcoin might lose its top cryptocurrency status if its governance structure fails to effectively address quantum computing challenges. He emphasized that Bitcoin's rigidity in making major upgrad...
Toescoin, a memecoin on the Solana blockchain, announced talks with a major Japanese venture capital firm interested in investing up to $250,000 over time. This engagement aims to provide both funding and strategic support as Toescoin expands its pre...
Singapore's Monetary Authority has slightly increased the rate of appreciation of the Singapore dollar's policy band for the second time, aiming to preempt inflation risks from rising oil prices. Despite core inflation remaining low at 1.6% in June, ...
POSCO International, South Korea's largest trading company, is piloting the tokenization of real commercial invoices on the Injective blockchain in partnership with LG CNS. This pilot creates a unified, transferable onchain record for trade receivabl...
