Business
CEF Insights: Navigating Today’s Municipal Bond Market (NYSE:MFM)
The Closed-End Fund Association (CEFA) is the national trade association representing the closed-end fund industry. A not-for-profit association, CEFA is committed to educating investors about the many benefits of these unique investment products and to providing a resource for information about its members and their offerings.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
This transcription was created from a CEF Insights video recorded in June 2026. For more information, please visit cefa.com. This material is not and is not intended as investment advice, an indication of trading intent or holdings or the prediction of investment performance. All fund-specific information is the latest publicly available information. All other information is current as of the date of this presentation. All opinions and forward-looking statements are subject to change at any time. Aberdeen disclaims any responsibility to update such views and/or information. This information is deemed to be from reliable sources; however, Aberdeen does not warrant its completeness or accuracy. This presentation is not intended to, and does not constitute an offer or solicitation to sell or a solicitation of an offer to buy any security, product, investment advice or service (nor shall any security, product, investment advice or service be offered or sold) in any jurisdiction in which Aberdeen is not licensed to conduct business, and/or an offer, solicitation, purchase or a sale would be unavailable or unlawful.
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Business
We Love To Hate Trimmed-Mean Inflation – Canada’s Tale About Introducing New Core Measures
Edwin Tan /E+ via Getty Images

Trimmed-mean inflation measure and its sibling median inflation gauge have both gotten unprecedented attention in recent months. It is all owing to new Federal Reserve chairman Kevin Warsh.
In his Senate Banking Committee
Business
WA truckers, farmers raise concern over proposed trailer safety device
WA’s trucking and agricultural sectors argue the proposed mandating of a new safety device is misguided, instead calling for better driver training and design regulations.
Business
BHP leads Australian shares higher as retail sells off
Australia’s share market has pared early gains for a modest advance, despite BHP counterbalancing an underwhelming day for the bourse.
Business
Air France-KLM: A Stronger Q2 Is Not Enough To Change The Equity Story
Air France-KLM: A Stronger Q2 Is Not Enough To Change The Equity Story
Business
Melco Resorts & Entertainment: The Worst Is Behind Us
Melco Resorts & Entertainment: The Worst Is Behind Us
Business
Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 crore
EBITDA for the quarter under review came in at Rs 971 crore, up 101% from Rs 483 crore in the year ago period. Sequentially, the increase was relatively modest, up 3% from Rs Rs 939 crore, Groww’s investor presentation showed.
Also Read | Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%
Groww’s revenue from operations also witnessed a sharp uptick, rising 66% to Rs 1,504 crore from Rs 904 crore in the corresponding quarter of the previous financial year. Net profit for the quarter grew by 7% to Rs 735 crore from Rs 686 crore last year.
The company said that the consolidated total income grew 63.3% year-on-year in the June quarter, driven by continued traction in newer products such as MTF and commodity derivatives.
In the stock broking business, the company said that risk control measures led to its retail ADTO market share easing sequentially to 15.1%, although it remained 3.3 percentage points higher year-on-year. In commodity derivatives, it expanded its retail market share to 28.6% in notional ADTO across MCX and NSE.
In mutual funds, it retained its position as India’s largest distribution platform for direct mutual funds, with Rs 1.9 lakh crore in direct mutual fund assets under management (AUM). SIP inflows grew 32% year-on-year, outpacing the industry’s 16% growth.The company said it remains focused on leveraging AI across the organisation and now offers an AI-powered mutual fund advisory product ‘MF Prime’, for users who want additional guidance to manage their MF portfolio.
The company added that while it plans to make significant investments in AI, it does not expect these investments to have a material impact on its margins given its scale.
The company said it strengthened its market leadership across key segments during the June quarter by adding 115,000 net clients, supported by higher customer retention and improved product quality despite an industry-wide slowdown.
Also Read | Bitcoin climbs to $64,700 as softer US inflation eases US Fed rate hike concerns
At present, the company has 4,35,000 commodity derivatives active users on Groww platform which is up 10.7% on QoQ basis, implying an attach rate of 2.6% in overall active users.
In the current calendar year so far, the stock went up 36.11% and in the last six months, it gained 28.74%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Indonesia stocks higher at close of trade; IDX Composite Index up 0.12%

Indonesia stocks higher at close of trade; IDX Composite Index up 0.12%
Business
Talented Stars Driving Global Interest in the Women’s Game
Women’s soccer continues its rapid rise in popularity in 2026, with players blending exceptional on-field talent, leadership and growing public profiles that draw fans across continents. As leagues like the NWSL and Europe’s top divisions expand media deals and attendance, several athletes stand out for their performances and ability to connect with audiences beyond the pitch.
Discussions around prominent figures often highlight a mix of established stars and emerging talents whose skills, marketability and social media presence amplify the sport’s appeal. Rankings that focus on popularity remain subjective, reflecting fan engagement, endorsements and cultural impact alongside athletic achievements. No major senior international tournament anchors the calendar this year, shifting attention to club campaigns and individual honors such as the Ballon d’Or Féminin race.
Barcelona continues to dominate conversations, while NWSL clubs secure record contracts that underscore the league’s growing stature. Here are 10 players frequently cited in conversations about the sport’s most visible and influential figures this season.
Alisha Lehmann of Aston Villa and the Switzerland national team tops many fan-driven lists for her dynamic playing style and substantial online following. The forward has built a global audience through skillful dribbling and energetic presence, amassing millions of social media followers and securing brand partnerships. Her profile illustrates how on-pitch flair combined with off-field visibility helps grow interest in women’s soccer.
Alexia Putellas remains a central figure at Barcelona after overcoming earlier injury challenges. The Spanish midfielder and two-time Ballon d’Or winner posted strong numbers in the 2025/26 campaign, contributing goals and assists while helping her club secure major domestic and European titles. Putellas’ return to elite form has positioned her as a leading contender for the 2026 Ballon d’Or Féminin, with observers noting her leadership and technical quality.
Aitana Bonmatí, also of Barcelona and Spain, enters the year as a three-time Ballon d’Or Féminin winner despite an injury-disrupted 2025/26 season. The midfielder’s vision, work rate and consistency have set benchmarks in recent years. Her representatives have highlighted the connection between performance and market value. “Aitana is the highest-paid female footballer in the world and has the best contract in history because she is the best female footballer in the world, and that has a lot to do with her performance and contribution on the pitch,” said Cristian Martin, CEO of WOM Sports Management, in comments reported earlier this year.
Claudia Pina has emerged as one of Barcelona’s most clinical forwards during the 2025/26 season. The Spanish attacker recorded high goal tallies and assists, drawing attention for her finishing ability and role in the team’s success across competitions. Her rapid development has made her a focal point in discussions about the next generation of stars.
Ewa Pajor continues to deliver prolific scoring form at Barcelona. The Polish forward’s goal output in league and European play has kept her among the most dangerous attackers in women’s soccer. Pajor’s consistency helps drive Barcelona’s attacking identity and contributes to the club’s sustained dominance.
Khadija Shaw of Manchester City and Jamaica maintains her reputation as a reliable goal threat. The forward’s performances in the Women’s Super League and on the international stage have earned consistent recognition. Shaw’s blend of power and finishing ability makes her a key reference point when assessing top strikers.
Alessia Russo has become a central figure at Arsenal and for the England national team. The forward’s contributions in the Women’s Super League and UEFA competitions, including important goals in high-stakes matches, have elevated her profile. Russo’s movement and finishing add a clinical edge to Arsenal’s attack.
Trinity Rodman of the Washington Spirit and the United States national team represents the NWSL’s rising commercial appeal. The forward secured a significant new contract reflecting the league’s progress in player compensation. Rodman’s speed, creativity and visibility have helped position her among the most recognizable young talents in the game.
Sophia Smith remains a cornerstone of the U.S. women’s national team attack. The forward’s pace and goal-scoring threat have been central to club and country performances. Her profile benefits from the broader spotlight on American players in a league that continues to attract investment and attention.
Caroline Graham Hansen of Barcelona and Norway adds width and creativity from the flanks. The winger’s dribbling, crossing and goal contributions have been vital to Barcelona’s success. Hansen’s technical quality and experience make her a consistent presence in conversations about elite European players.
These athletes reflect broader trends in 2026. Record transfers and contracts in the NWSL, including deals for players like Catarina Macario, signal increasing professionalization. Barcelona’s continued success across fronts keeps Spanish players prominent in individual award discussions. Social media engagement amplifies reach, allowing fans worldwide to follow careers in real time and turning matches into shared cultural moments.
The absence of a major tournament this summer has focused attention on domestic leagues and the ongoing Ballon d’Or Féminin campaign, scheduled for October. Voters weigh club performances heavily in a year without Euros or World Cup action. Barcelona’s quartet of Putellas, Bonmatí, Pina and Pajor features prominently in early speculation.
Growth metrics tell a positive story. Attendance figures in top leagues have risen steadily, supported by better broadcasting and marketing. Players with strong personal brands help attract casual viewers who then discover the quality of play. Endorsements and media appearances further embed women’s soccer in mainstream culture.
Challenges remain, including fixture congestion, injury management and the need for continued investment in grassroots development. Yet the visibility of these athletes contributes to momentum. Young fans see role models who combine elite performance with approachability through digital platforms.
As the 2026 club season progresses toward its conclusion and the Ballon d’Or ceremony approaches, attention will stay on how these players and their peers shape the next chapter. Their stories—marked by resilience, skill and expanding influence—illustrate why women’s soccer commands growing audiences and why individual profiles matter as much as team results.
The sport’s trajectory depends on sustained excellence on the pitch paired with smart off-field engagement. Players who excel in both areas help ensure the gains of recent years continue. In 2026, that combination appears stronger than ever across multiple leagues and national teams.
Business
Farnborough Airshow 2026 Finance Summit draws 600 investors
More than 600 senior investors from around 350 firms, including Goldman Sachs, Blackstone and the Qatar Investment Authority, will descend on Hampshire this month for a new Finance Summit at the Farnborough International Airshow, and for once the guest list is not reserved for the primes.
The Aerospace Global Forum: Finance Summit, launching at this year’s show, is designed to connect global capital with opportunities across aerospace, defence, space, cyber and enabling technologies, from the industry’s biggest names down to emerging start-ups.
For UK founders and scale-ups in the sector, that matters. The programme puts sovereign wealth funds, private equity houses, venture capital firms, hedge funds and M&A specialists in the same halls as the businesses hunting for growth capital, at a show where the 2024 edition generated at least £13 billion in deals for the UK.
Senior representatives are expected from Goldman Sachs, J.P. Morgan, Citigroup, Barclays, HSBC, Deutsche Bank, UBS, Blackstone, Carlyle, Warburg Pincus, Mubadala, the Qatar Investment Authority, Temasek International and Tikehau Capital, among others.
British institutions are on the list too, including the British Business Bank, the London Stock Exchange and UK Export Finance, the government’s export credit agency, a signal that the summit is as much about backing domestic suppliers as courting overseas money.
Gareth Rogers, CEO of Farnborough International, said: “Finance and investment have always been underlying themes of the airshow, but we wanted to give it emphasis to support the industry as it accelerates. The launch of the Finance Summit is our response to the growing demand from investors seeking direct access to high-quality market insight, business development opportunities and emerging innovation across aerospace, defence and space.”
The timing is hard to fault. UK aerospace, defence, security and space industries contribute more than £42 billion a year to the economy, according to ADS Group figures, and ministers have been working to pull smaller defence suppliers deeper into the MoD’s supply chain through a dedicated growth unit. Capital, in short, is looking for a home in exactly the sectors where British SMEs are strongest.
Attendees have identified the conference programme, market trends, new business partnerships, existing partner engagement and visibility of new projects as their key reasons for coming, according to the organisers.
The summit will run keynote sessions, panel discussions, roundtables and dedicated networking as part of the wider Aerospace Global Forum, with the stated aim of connecting investors, banks and consultancies with organisations ranging from global primes to emerging start-ups.
For a smaller business, the calculation is straightforward. Investor meetings of this calibre usually mean a trip to Mayfair or Manhattan and a warm introduction. For one week this summer, the capital comes to Farnborough instead, at what organisers expect to be the biggest show in the event’s history.
Business
At Close of Business podcast July 15 2026
Sam Jones and Isabel Vieira discuss the bi-annual corporate finance feature.
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