Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Financial products or illicit gambling? Can Hong Kong regulate prediction markets?
The legality of prediction markets in Hong Kong has been called further into question, with at least one international brokerage firm operating such a platform in the city, prompting the market regulator to say certain activities may be considered…
New Fed Chair Kevin Warsh Says There's a Huge Problem With Financial Markets Right Now. His Solution Could Be Bad News For Stock Investors
Kevin Warsh is already having a noticeable impact on the Federal Reserve. The FOMC held its first meeting since Warsh took the position of chairman earlier this month, and there were a few things worth noting. First, the statement released after…
'Financial pandemic': £1 in every £11 spent on UK public contractors goes to private equity
One pound in every £11 of UK government spending on contractors went to private equity-controlled companies last year, research shows, including key services such as transport, waste management and healthcare. Politicians and economists have…
Tokenization is becoming the financing layer for AI and robotics, Framework bets with $400 million fund
The biggest investment opportunities in blockchain may no longer be in crypto itself, but in how the technology can finance capital-intensive industries such as artificial intelligence (AI), robotics and energy. That's the thesis behind Framework…
From higher mortgage bills to tax rises, how to Burnham-proof your finances
SO, Sir Keir Starmer is quitting and Andy Burnham is on track to become the next Prime Minister. If he gets in, he will be the seventh PM in ten years. But households will fear Burnham could spark a Liz Truss -style economic meltdown if he does not…
Stephens Resumes Coverage of Truist Financial (TFC)
Truist Financial Corporation (NYSE: TFC) is one of the best low volatility stocks to buy under $50. Stephens resumed coverage of Truist Financial Corporation (NYSE:TFC) with an Overweight rating on June 15 and set a price target of $59. The firm…
Google Caps Meta's Use of Gemini AI, Financial Times Reports
Google has placed limits on Meta Platforms Inc.' s use of its Gemini artificial intelligence models because it could not provide as much computing capacity as the social media company wanted, according to the Financial Times. In the latest sign of…
Hana Financial Group partners with Seobu T&D on Seoul logistics complex project
Hana Financial Group signed a memorandum of understanding (MOU) with real estate developer Seobu T&D to provide financing for an urban high-tech logistics complex in Seoul, the group said Sunday. The agreement establishes a partnership covering…
Canadian pensions giant courts Brookfield's $3b La Trobe Financial
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
My 2 sons moved back in with me, so my expenses have gone up. I'm forced to put off the financial freedom of an empty nest.
My 21-year-old son recently accompanied me to the grocery store. Our list wasn't lengthy. We needed a few items for a cookout with neighbors: hot dogs, brats, buns, some fresh produce, and chicken. On these shared trips, the two of us have taken to…
Could AI downturn lead to faster financial market crash?
What's the story The Bank for International Settlements (BIS), often referred to as the 'bank of central banks,' has warned that an artificial intelligence (AI) downturn could lead to a sharper and faster crash than traditional banking crises. The…
Financial Institutions Boost Dividends In June As 16 Companies To Increase Payouts In July
This is my latest article, where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. With the release of the Federal Reserve stress test results, eight financial institutions announced…
India's debt market not equipped to finance next phase of growth, needs structural reforms: Deloitte
India's debt market is not equipped to finance the country's next phase of economic growth and requires structural reforms to improve liquidity, price discovery and participation, according to Deloitte's 'State of Financial Services in India'…
Beyond Cash Flow: Financing Strategies for HVAC Owners
Most HVAC businesses are owned by heating and cooling experts, not financing specialists. This article examines the funding options available to HVAC businesses, when to use them, and common pitfalls to avoid. The HVAC industry has distinct…
Why Saving In Your 20s May Matter Less Than Personal Finance Gurus Think
Conventional advice tells 22-year-olds to move heaven and earth to save a few hundred dollars a month because those early dollars may eventually compound into a millionaire's retirement. The implied message is that a 45-year-old who failed to do…
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