Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Gaw Capital-Led Group Seeks to Refinance $1.8 Billion Loan

A consortium led by Gaw Capital Partners is seeking to refinance a HK$14.4 billion ($1.8 billion) loan backed by a number of Hong Kong shopping centers, according to people familiar with the matter, as a recovery in the city’s retail sales remains uneven.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

The House Always Wins: How pump.fun Turned Crypto Into a Fee Machine

Between January 2024 and June 2026, pump.fun produced more than 18.6 million tokens that traded at least once. Nearly seven in ten of them made their last trade on the same day they were born.

  • Pump.fun created over 18.6 million tokens between 2024 and 2026.
  • Nearly 70% of tokens disappeared within 48 hours of creation.
  • Platform generated over $1.2 billion in revenue, profiting from traders' losses.

More from Monday 26 October →