AXP news & sentiment — AMERICAN EXPRESS CO

MAY 26·prnewswire.comMed

Mercantile Partners with American Express and the American Society of Interior Designers to Launch a Small Business Credit Card for Design Professionals

Mercantile, a division of Onboard Partners, said it is partnering with the American Society of Interior Designers (ASID) to launch the ASID American Express Business Card, issued by Celtic Bank and running on the American Express network. The card is aimed at independent designers and small firms, offering weekly autopay options, a Credit LimitShield feature, rewards, and Amex Offers/insurance protections. The program is built on Amex’s Agile Partner Platform.

MAY 25·economictimes.indiatimes.com

Why foreign investors are exiting Nifty giants to hunt in India's small and midcap market

Foreign institutional investors are reducing concentration in India’s top Nifty blue chips while increasing the number of stocks they hold, according to the article. FPI ownership in Indian equities is about 14.7% (14-year low), and the top 10 Nifty stocks’ share of FPI holdings fell to 21.3% from 40.9% four years ago. FPI holdings expanded from ~900 to ~1,300 stocks, with buying focused on capital goods, manufacturing, defence, healthcare and new-age tech.

MAY 25·perthnow.com.au

Oil slips, Aussie shares advance on peace deal hopes

Australia’s ASX opened higher as reports said the US and Iran are nearing a deal to end hostilities and reopen the Strait of Hormuz. The S&P/ASX200 rose 0.44% to 8,695 by midday; energy stocks fell 2.3% while miners gained 1.8%. Brent slipped below $97/bbl. The Aussie dollar rose to 71.66 US cents.

$AXP

Mercantile Partners with American Express and the American Society of Interior Designers to Launch a Small Business Credit Card for Design Professionals

Why foreign investors are exiting Nifty giants to hunt in India's small and midcap market

Oil slips, Aussie shares advance on peace deal hopes

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