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 Market Distortions From Korea to China Spur Interventions
Distortions are becoming more extreme in financial markets. That's resulting in rising efforts to guard actions that could worsen such contortions — in Asia at least. Take South Korea, where the $5 trillion market has been trading with…
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0747 GMT – Thai banks are likely to post sluggish loan growth in 2Q, CGS International analyst Weerapat Wonk-Urai says…
The dos and don'ts of using AI to manage your finances
Artificial Intelligence (AI) has experienced rapid growth over the past few years, and is quickly becoming a convenient assistant for simple everyday tasks such as drafting emails, online shopping and generating recipe ideas. The speed…
Global Trade Finance Needs A Unified Blockchain And AI Backbone
Meelan Gupta, strategic advisor 25+yrs trade finance, liquidity & digital infrastructure; AI/blockchain platforms to unlock global liquidity Global trade finance stands at a structural crossroads. For decades, the international financial system has…
Bajaj Finance slips Thursday, underperforms market
Shares of Bajaj Finance Ltd. 500034 slid 1.56% to 870.30 Indian rupees Thursday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index 1 falling 0.20% to 73,832.55. Bajaj Finance Ltd. closed 21.06%…
What the World Cup Can Tell Us About Finance
There's a memorial to Paul the octopus at the Sea Life Centre in Oberhausen after the cephalopod seer earned worldwide fame by correctly predicting the outcome of all Germany's seven games at the 2010 World Cup. If the Netherlands win the 2026…
France Is Latest EU Country To Ban & Sanction Israel's Finance Minister
A growing list of Western countries have imposed individual sanctions and travel bans on two Israeli hardline ministers who advocate for Jewish supremacy over the Middle East, evidenced in their expansionist policies from the West Bank to Gaza to…
UK construction company plunges into administration over financial hardships
A UK construction firm that has been trading for nearly a decade has plunged into administration, becoming the latest in a string of businesses in the sector to face financial difficulties. Several companies within the industry have recently become…
The $100M+ Round Is Now Just Your Typical Late-Stage Financing
Back in 2018, in the early days of Crunchbase News, we created a category called the “ Supergiant Round ” to refer to startup financings of $100 million or more. Fast-forward to today, and those parameters look laughably puny. Not…
Stoke-by-Clare school to shut over 'financial challenges
An independent school is set to close at the end of the school year, blaming 'a sustained period of financial challenge'. Stoke College, in Stoke-by-Clare, Suffolk is a fee-paying school for pupils aged between 11 and 18. It currently has about 100…
U.S. bank regulators ramp up scrutiny of AI use at financial companies
US banking regulators are stepping up scrutiny of how lenders deploy artificial intelligence as the developing technology sweeps through the industry, pressing firms on everything from data access and governance controls to risks posed by…
Private colleges to establish bursary fund as government seeks new ways to finance higher education
Deputy Minister of Higher Education and Training Dr Mimmy Gondwe says government is exploring closer collaboration with the private sector to expand access to higher education and support student funding through a proposed bursary scheme. Private…
Man Utd can now complete next transfer after 'financial demands' met
Trabzonspor president Ertugrul Dogan insists they have already satisfied Andre Onana's salary requirements amid continued uncertainty surrounding his Manchester United future. The Cameroon international spent last season on loan with the Turkish…
Joburg mayor Dada Morero's bold plan for financial recovery
Joburg Mayor Dada Morero has reassured Parliament of his determination to restore the finances of the city. Outgoing Mayor Dada Morero, who this week appeared before the National Assembly's Standing Committee on Public Accounts (Scopa) and the…
LEVERAGED FINANCE FIGHTS MELANOMA RAISES RECORD $4.3 MILLION FOR THE MELANOMA RESEARCH ALLIANCE
With this year's record-setting achievement, Leveraged Finance Fights Melanoma has raised nearly $40 million since its founding in 2011 by Jeff Rowbottom of General Atlantic and Brendan Dillon of Veritas Capital. What began as a grassroots effort…
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