Financial Industry News
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Opinion | AI has been known to hallucinate. So have financial markets
We've never had it so good. The S&P 500 and Nikkei 225 have hit record highs this month. SpaceX had its spectacular initial public offering, the largest in history. The company raised an eye-popping US$75 billion and saw a sharp rise in its share…
Financial analyst teams up with former CBS News head to share surprising family finance tips
Matthew Ankrum knew he wanted to build generational wealth for his daughters while teaching them about financial stability. He just didn't know a coffee can would be the key to those lessons. Ankrum, a financial analyst from Kansas City, Missouri…
Sun Life Financial Inc. stock falls Friday, underperforms market
Shares of Sun Life Financial Inc. SLF shed 1.96% to C$109.43 Friday, in what proved to be an all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.32% to 34,857.34. Sun Life Financial Inc.
Spain Weighs Financial Aid to Struggling Solar Power Industry
The Spanish government is weighing whether to offer financial support to a domestic solar industry that's grappling with oversupply and negative wholesale power prices. The government has started reviewing the state of the industry after being…
Bajaj Finance rises Friday, outperforms market
Shares of Bajaj Finance Ltd. 500034 inched up 0.23% to 961.30 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 0.78% to 76,802.90. Bajaj Finance Ltd. closed…
Warning over 'fragile' public finances as borrowing rises
The UK borrowed £23.3bn in May, according to official figures, up almost a third on the same month last year. May's borrowing figure — the difference between spending and income from taxes — was £5.6bn higher than forecast…
AI Data Center Bonds Are Being Priced As Project Finance At Last
A QTS bond tied to Microsoft has lagged the tech giant's own debt, and Citi says investors are finally pricing data-centre risk on structure, not the tenant's name. There is an old rule in lending that a name on the door is worth less than a claim…
Mizuho Financial Group (MFG): Top Value Stocks to Buy Under $10
Mizuho Financial Group Inc. (NYSE: MFG) is one of the top value stocks to buy under $10. On May 20, Mizuho Bank and Rakuten Bank entered into a strategic capital and business alliance to create a new credit model that bridges megabank corporate…
Temasek Appoints Wendy Koh as Chief Financial Officer
Singapore's state-owned investment company Temasek Holdings has named Wendy Koh as its chief financial officer. Koh will be CFO-designate from Aug. 1 before her appointment takes effect on Oct. 1., Temasek said on Friday. Koh is group CFO of…
Inside new company Landseed's goal to 'create a financial market' for conservation projects
Healthy conservation land does a vast deal more than store carbon, says Holdfast Collective executive director Greg Curtis, who has cofounded a new company to make the full value of nature “visible, verifiable and financially useful.”…
He retired from Netflix at 36 after quietly working for years toward financial independence
Kaska Adoteye, 36, lives in Atlanta and recently left his job at Netflix as part of his pursuit of the FIRE movement, or Financial Independence, Retire Early. Business Insider verified his former employment, investment holdings, and medical status.
Bristol Rovers finances show brutal economic reality of football
Bristol Rovers' latest financial accounts have laid bare the brutal economic reality of modern football, with the losses the Gas have made. Figures filed at Companies House for the financial year ending June 30, 2025, show the Gas posted a total…
US-Iran MOU poses new opportunities, challenges for Korea: finance minister
The recent memorandum of understanding (MOU) between Washington and Tehran aimed at ending their conflict presents both opportunities and challenges for Korea, the finance minister said Friday, noting the government will implement post-conflict…
AFRC fines three Convoy Financial Holdings senior officers for CPA misconduct, totaling $760,000
The Accounting and Financial Reporting Council has imposed a total fine of HK$760,000 and disciplinary sanctions on three senior officers of Convoy Financial Holdings for certified public accountant misconduct. SCROLL TO CONTINUE WITH CONTENT The…
Iran is finished': Trump vows zero financial relief during 60-day talks
Trump contended that the peace deal did not stem from US vulnerability, but rather from Iranian necessity as he maintained a hardline stance on financial relief. Following the signing of a 14-point Memorandum of Understanding (MoU) with Iran, US…
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