Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Finance minister vows livelihood support amid FX, financial volatility
Korea's finance minister on Wednesday vowed to roll out efforts to stabilize people's livelihoods amid lingering volatility in foreign exchange and financial markets. Finance Minister Koo Yun-cheol made the remarks during a meeting 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. 0318 GMT – Tidlor Holdings' loan growth should continue to be supported by Thailand 's cash handout scheme, UOB Kay…
The Calcutta Stock Exchange and the making of India's financial markets
For nearly a decade, Kolkata 's famous ‘ share market ' at Lyons Range has been known for almost everything — especially its food — except the stock exchange itself. Economic consultant Thomas A Timberg recalls making frequent…
Ways to interpret Islamic finance
THIS is with reference to the editorial ‘Islamic banking' (July 6). For decades, Muslims have debated whether bank interest is the riba that is forbidden in Islamic law. However, this might be the wrong question. The real focus should be on…
Nigel Farage to make statement 'on future in public life' after finance row
Nigel Farage is facing various questions about his finances. The latest came at the weekend, when the Sunday Times accused him of not properly declaring support from George Cottrell - a long-time ally who was jailed for fraud in the US in 2017. The…
Farage will 'make a statement on future in public life' amid finances scrutiny
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Nigel Farage has said he will make a…
Warning approved financial checks on punters will drive them to black market
NEW financial checks on punters will drive them to the black market — putting them at risk of harm, critics warn. The Gambling Commission has approved the measures despite opposition from the horseracing industry and betting firms. Your info…
Nigel Farage quits as MP amid scrutiny over finances
Nigel Farage has announced he is to resign as the MP for Clacton to fight a byelection, after revealing he is under a second investigation by the parliamentary standards watchdog over undeclared gifts. In a high-stakes move, the Reform UK leader…
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[ECONOMIC ESSAY CONTEST] The future of AI in finance: Building trust before fraud happens
A few months ago, I received a call from an unknown number, and the caller identified himself as a government agency in Korea. As an international student, I often deal with unfamiliar bureaucracy and calls, so everything seemed quite convincing.
Korean won's internationalization key to financial advancement: official
The internationalization of the Korean won is a key task in the government's efforts to advance the country's foreign exchange and financial markets to the next level, a senior official said Wednesday. Second Vice Finance Minister Huh Chang made…
Chris Mason: Farage attempts to seize back the agenda after finance row
Nigel Farage has long had a capacity for political theatre – and here he goes again. Having tantalised Westminster with a teasing social media post about his 'future in public life', he took to Reform's stage, in front of Reform's camera and…
Don't rely on AI for personal finance advice, study finds
A new study in the Journal of Financial Planning found that artificial intelligence programs can provide inconsistent, inaccurate or biased recommendations when it comes to personal finance. Researchers prompted seven AI programs — ChatGPT…
The Credit Market Lens: A Growing Divide In Leveraged Finance
If the macro cycle remains intact, the important distinction is between markets where excess capital has weakened underwriting and those where fundamentals have improved. Average duration in HY markets has also declined, driven by post-2022…
Farage will 'make a statement on future in public life' amid finances scrutiny
Nigel Farage said he would make a statement “on my future in public life” later on Tuesday following a series of damaging articles about undeclared donations that raised questions about his probity. The Reform UK leader said on X that…
BOE Sees Heightened Threat to Financial Stability as Leverage in Equity Markets Rises
Increased borrowing by investors in equity markets has raised the risk of a sharp fall in prices that could threaten the stability of the financial system, the Bank of England warned Tuesday. In its twice-yearly report, the BOE's Financial Policy…
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