Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
24/7 Stock Trading Is About to Test Financial Markets
For years, an overwhelming share of trading in US stocks happened on the big exchanges during daytime market hours. Powerhouses like the New York Stock Exchange and Nasdaq Inc. offered after-hours trading sessions, but activity was generally light.
Apollo raises specter of an AI agentic 'bank run' hitting financial industry
As if things couldn't get worse for banks, artificial intelligence could present a problem for the group. The Invesco KBW Bank ETF (KBWB) fell 2.3% last week, marking its third straight weekly decline. That matches the fund's longest losing streak…
Finance Ministry, BOK Agree to Strengthen Cooperation on Financial Stability
The finance ministry and central bank have agreed to strengthen cooperation in monitoring financial, foreign exchange and real estate markets and take preemptive measures against potential risks. Deputy Prime Minister and Finance Minister Lee…
Finance your future: How to plan ahead
What will your current pension savings mean for your future self? Many people are already retiring with far less income than they expect or need, according to research from Interactive Investor, the investment platform. Almost half rely on the…
Citi pushes agentic AI take-up in HK finance, showcases Citi Sky
Citi is working closely with regulators and industry partners to boost AI adoption within Hong Kong's financial sector, the bank said at its annual fintech forum. SCROLL TO CONTINUE WITH CONTENT Under the theme 'Beyond AI-Ready: Shaping the Agentic…
Paul Chan attends AIIB annual meeting, meets Qatar Finance Minister in Doha
Financial Secretary Paul Chan Mo-po arrived in Doha, Qatar, yesterday to begin his visit to exchange views with local political, business, financial, investment, and corporate leaders on deepening co-operation. SCROLL TO CONTINUE WITH CONTENT Chan…
Japan Finance Minister Reaffirms U.S. Coordination on Yen Stability
TOKYO—Japan's finance minister reaffirmed that Tokyo is working closely with the U.S. to ensure stability in the foreign-exchange market, as expectations of hawkish shifts on both sides spur yen volatility. “Generally speaking, we…
GENFIT Reports First-Half 2026 Financial Results and Provides Corporate Update
Financial Highlights Cash and cash equivalents totaled €113.8 million as of June 30, 2026; expected to fund the Company beyond the end of 2028 €21.1 million in revenues as of June 30, 2026, including €21.0 million in royalties…
ESRI criticises Government for not managing public finances 'prudently'
The Government is not managing the public finances in a “prudent” fashion and should be saving more of the State's corporate tax windfall, the Economic and Social Research Institute (ESRI) has warned. In its latest quarterly bulletin…
Korean Financial Firms Chase Bold Overseas M&A to Fuel Growth
South Korean banks and insurers are hunting for overseas deals to lift growth, signaling a broader outward turn by an industry that largely stayed home while companies including Samsung Electronics Co. and Hyundai Motor Co. built global businesses.
The Opposing Forces Reshaping Global Finance
The financial industry is being pulled between two powerful forces: bottom-up financial technology is enabling seamless integration, while top-down geoeconomic statecraft is promoting fragmentation. So much for the conventional wisdom that finance…
AB Science provides an update on its development plan and financial calendar following a sponsor Good Clinical Practice inspection
AB SCIENCE PROVIDES AN UPDATE ON ITS DEVELOPMENT PLAN AND FINANCIAL CALENDAR FOLLOWING A SPONSOR GOOD CLINICAL PRACTICE INSPECTION Confirmation of the relevance of having, among the first decisions of the new management, given priority to the…
Shinhan eyes Korea-Japan ties in climate, digital finance
Shinhan Financial Group explored closer Korea-Japan cooperation in transition finance, carbon markets and digital assets at a Seoul conference, the group said Tuesday. Held Monday at the Korea Financial Investment Association in Yeouido, the…
BIG ROCK BREWERY INC. ANNOUNCES AMENDMENT TO SECOND LIEN FINANCING
CALGARY, AB, Sept. 28, 2026 /CNW/ -- Big Rock Brewery Inc. (TSX: BR) ('Big Rock' or the 'Corporation') is pleased to announce that it has amended its agreement with VN Capital Fund I, LP ('VN Capital') for the $2.0 million second lien financing…
African Finance Rising, Distribution Doldrums and Other Hot-Button Topics on the Agenda at This Year's Durban FilmMart
As the fall festival season winds down, the temperature will be heating up next month in Durban, South Africa, where the 17th Durban FilmMart takes place from Oct. 9 – 12. This year's event arrives amid surging hopes but lingering anxieties…
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