Markets

TWFG’s CEO, Gordy Bunch, will present at the Morgan Stanley US Financials Conference on June 11, 2025, at 4 PM EDT. He’ll participate in a fireside chat, offering insights into TWFG’s strategic vision and growth. A live webcast will be available, with a replay accessible on TWFG’s website under the Investors section. This is a chance to learn about TWFG’s strategy in the insurance industry.

OR Royalties Inc. amended its revolving credit facility, switching to U.S. dollar denomination and increasing it to $650 million, with a potential $200 million accordion. The company aims to leverage this enhanced financial flexibility for growth opportunities. Furthermore, OR Royalties will receive $49 million from the MAC Copper acquisition by Harmony Gold.

Gerdau S.A. announced a cash tender offer for its 4.875% notes due 2027, aiming to reshape its debt profile. The offer, detailed in the purchase offer dated June 3, 2025 and fully guaranteed by Gerdau, allows bondholders to tender notes until 5:00 p.m. (NY time) today. The settlement date is tentatively June 12, 2025. This strategic move reflects Gerdau’s commitment to financial management.

A recent incident highlights the danger of carbon monoxide poisoning in cars. Running the AC while idling with closed windows creates a risk, as incomplete fuel combustion produces the odorless gas. Experts advise against idling in enclosed spaces and recommend precautions like cracking windows or setting alarms to ventilate the vehicle, emphasizing the danger even with internal recirculation.

T. Rowe Price’s 2025 midyear outlook highlights a financial landscape shaped by deglobalization, trade shifts, and bond market changes. The report anticipates challenges for the global economy and foresees a shift away from U.S. equities towards value stocks and emerging markets. It emphasizes inflation protection and diversification within multi-asset portfolios, suggesting active management may outperform in the evolving market.

A simple introduction video by Chinese mathematician Wei Dongyi unexpectedly sparked a viral sensation, amassing millions of views and comments. The comments section transformed into a “wish well,” with students seeking academic success. This phenomenon reflects a blend of admiration for Wei’s intellectual prowess and a desire for good fortune. The article analyzes the public’s perception of Wei, the spread of unreliable stories, and the need to view him as an individual, separate from exaggerated narratives.

CEO.CA, a leading social network for junior mining and venture stock investors, offers exclusive insights from CEOs. The platform, a subsidiary of EarthLabs, Inc., provides direct access to industry leaders through its “Inside the Boardroom” series. A recent interview with Summa Silver’s CEO, Galen McNamara, discusses the merger with Silver47 and the Red Mountain project. CEO.CA connects millions of investors globally, facilitating discussions and identifying investment opportunities.

JD.com has launched “Integrity Cooperation Guidelines” to combat corruption. The e-commerce giant prohibits commercial bribery and outlines strict ethical principles for its partners. The guidelines ban business with dismissed employees and restrict former employees’ interactions for a year. To further promote transparency, JD.com has established a $1.4 million reward fund for whistleblowers reporting corrupt activities.

The State Administration for Market Regulation (SAMR) in China issued a compliance advisory for online retailers preparing for the “6.18” shopping event. The guidelines emphasize fair competition, consumer rights, and preventing unfair practices like data-driven price discrimination and fake reviews. Key areas include regulating promotional conduct, live-streaming marketing, advertising content, and consumer dispute resolution, targeting deceptive practices and ensuring product quality.

Encore Enterprises acquired a Class B medical office building in Dallas for $7 million, demonstrating resilience in a challenging market. The financing comes from Cadence Bank, marking a new partnership. The acquired property at 16980 N. Dallas Parkway will also become Encore’s new headquarters, expanding its portfolio to 27 properties.