The Mexico Fund announced a new conditional tender offer to buy back up to 20% of its shares at 98% of NAV if certain conditions are met between July 2026 and June 2029. This move aims to reduce the discount between the Fund's share price and its net asset value, triggered if the Fund underperforms its MSCI Mexico Index benchmark or if shares trade at 90% or less of NAV on average. If the Fund meets or exceeds the benchmark and maintains a share price above 90% of NAV, no tender offer will occur. This offer complements the Fund's existing Managed Distribution Plan, which increased quarterly payouts by 40% in late 2025, enhancing shareholder returns and aligning them with long-term investment performance.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Orvana Minerals reported Q3 FY2026 production of 10,833 gold equivalent ounces, mainly from its Spain operation due to delays in Bolivia caused by logistics issues. The company has completed preparations to begin oxide ore processing at its Don Mario...
Nevada King Gold Corp. received approval from the Bureau of Land Management for its fifth and largest modification to its drilling plan at the Atlanta Gold Mine project in Nevada. This permits 78 additional reverse circulation and 404 rotary air blas...
