Financial Industry News

Ten key points for 2026's financial markets

Consumer demand and public services top China's financial priorities for 2026

China will expand government spending to spur consumer demand and shore up investment in public services to strengthen the economy next year, the country's financial authorities said on Sunday. The Ministry of Finance outlined the 2026 priorities…

Hong Kong finance chief upbeat about 2026 outlook on back of 3.2% growth

Hong Kong's finance chief has struck an upbeat tone about the city's economic outlook for 2026, while forecasting that growth this year will accelerate to 3.2 per cent, surpassing earlier projections. Financial Secretary Paul Chan Mo-po said the…

Brits to keep tightening personal budgets in 2026 to meet financial goals

As the year draws to a close, a surprising four in ten Brits say they are in a better financial position than at the start of the year, despite monthly grocery bills soaring by 14% and rent and mortgage payments climbing by 24%. This improvement is…

Former prison finance officer stole $315,000 from inmates' family members

, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. As family members of inmates at a major Sydney prison complex paid significant amounts of money to secure their loved ones' release…

'You know what I like': Epstein files reveal disgraced financier's routine abuse of girls

By the mid-2000s, Jeffrey Epstein 's sexual abuse of teen girls was routine. From 2002 to 2005 alone, the late financier victimized “dozens” of underage teens by luring them into sex acts for payment under the auspices of massage…

Husband slammed for refusing to share his salary with wife: 'Trying to financially control you'

What's yours…isn't mine? Finances are always a tricky topic that people don't often want to discuss. Yet, one would assume if anyone is going to reveal their yearly salary, it would be their spouse — well, not in this marriage. A…

Paris Hilton took out a mortgage on the $63 million mansion she bought from Mark Wahlberg. Here's why that's actually a smart financial decision

Despite Paris Hilton's high net worth, she and her husband reportedly took out a $43.75 million mortgage for their $63 million Beverly Hills mansion, a move more common among ultrawealthy individuals than one may think. Experts say wealthy buyers…

You Can Tell Someone Is Falling Behind Financially If They Avoid These 11 Topics

Life hasn't been the easiest for many of us lately. Between rising costs and minimum-wage jobs, money has been tight for a large number of people. They may not talk about it openly, but you can tell someone is falling behind financially if they…

Brits ending year in 'better financial position' despite soaring bills, poll shows

Four in ten feel financially better off than they did at the beginning of the year As the year draws to a close, four in ten Brits say they are in a better financial position than when the year began—even though monthly grocery bills have…

Lloyds Shelves Invoice Financing as Small Businesses Shift Away

The factoring program will close by the year's end, the Financial Times (FT) reported Sunday (Dec. 28), citing two sources familiar with the matter. The report characterizes the move as a blow to Lloyd's smaller business clients, though one source…

David Livingstone: Eby's failure to protect private property will lead to financial crisis

David Eby's government in British Columbia is reeling after two recent court decisions put private property rights in jeopardy. In August, the B.C. Supreme Court's Cowichan Tribes decision declared that titles to certain properties in the city of…

Top-10 Valued Firms: SBI, Reliance, Bajaj Finance Lose Market Cap in BSE Weekly Wrap

The combined market valuation of seven of the top-ten most valued firms declined by ₹35,439.36 crore in a holiday-shortened last week, with State Bank of India (SBI) taking the biggest hit, in line with a muted trend in equities. Last week…

Understand behavioral finance to make better market decisions

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Robert Lewandowski admits Barcelona asked him NOT to score in money-saving measure amid financial crisis

Barcelona made an extraordinary financial calculation during the closing stages of their 2022-23 La Liga campaign involving star striker Lewandowski. With the league title already secured and the season nearing its conclusion, the club faced the…