Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Extreme heat threatens Italy's cheese finance
Extreme heat is testing Italy's cheese banks, the vaults that hold Parmigiano Reggiano while it ages for years. Why it matters: It's an 800-year-old industry that employs thousands and generates about $5 billion a year — and it actually has…
Scott Bessent fired a currency bazooka, but global finance still looks like a 'giant Jenga tower' propped up by a Japanese yen that's in deep trouble
The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Treasury Secretary Scott Bessent's notepad suggested the U.S. bought $5 billion-$10 billion…
Thicket of red tape challenges Mulino on financial advice reform
This week is shaping up as a test of the policy formulation skills of Assistant Treasurer and Minister for Financial Services Daniel Mulino, who will give a speech to the National Press Club on Wednesday setting out the government's response to the…
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions
The Standing Committee on Finance has flagged the 'crippling' 43% vacancy in the Department of Investment and Public Asset Management (DIPAM), and recommended setting up a task-force to ensure the early filling of all 38 vacant positions. Lamenting…
Saina Nehwal On India's Sporting Future: Medal Tally, Financial Support, And Infrastructure
Former World No. 1 shuttler Saina Nehwal outlines India's path to becoming a true sporting nation, emphasising the importance of a high medal tally, robust financial support for athletes, and comprehensive infrastructure development. Saina Nehwal…
Tech Query: Muthoot Finance, Bajaj Housing Finance, Utkarsh Small Finance Bank, Vikram Solar- What is the outlook? Where are these stocks headed?
What is the outlook for Muthoot Finance? Muthoot Finance (₹2,845): The trend is down since the beginning of this year. A crucial trendline support is at ₹2,750 which is holding well. At the same time, important resistance is in the…
Minister Alty and Ernie Daniels, President and Chief Executive Officer of the First Nations Finance Authority to announce a major milestone in First Nations lending
Ottawa, Ontario — Please be advised that the Honourable Rebecca Alty, Minister of Crown-Indigenous Relations, along with Ernie Daniels, President and Chief Executive Officer of the First Nations Finance Authority, will announce significant…
Know the financial warning signs before they slow your business growth
Businesses can avoid major financial problems by watching their cash flow, expenses, and profit margins. Small changes in revenue or spending can signal larger problems, so reviewing financials consistently can help business owners make adjustments…
Financial Advisor Bilked 2,000+ Investors Out of $380 Million, Now Faces 20 Years
U.S. District Judge Tiffany R. Johnson sentenced Todd Burkhalter, 55, of St. Petersburg, Florida, to 20 years in federal prison to be followed by three years of supervised release. Burkhalter was also ordered to pay $233,777,763.82 in restitution…
New April 2027 tax 'already having impact' says financial advisor
A financial adviser says questions about inheritance tax have already risen by roughly 50% as families prepare to tackle a 'stealth tax' coming in next year. As of April 2027, unused pensions are expected to be subject to HMRC inheritance taxation…
Insider Sale Alert: Triumph Financial EVP Nelson Sells 3,750 Shares
Adam D. Nelson, EVP and General Counsel of Triumph Financial (TFIN -0.27%), sold 3,750 shares on Aug. 4, 2026, according to a recent SEC Form 4 filing. MetricValueTransaction value$296,438Shares sold3,750Post-transaction shares (directly…
Impact of US trade policy shifts on Hong Kong 'primarily psychological': Paul Chan
Changes in US trade policy and interest rate trends will significantly affect Hong Kong's economy but the impact will be “primarily psychological”, the finance chief has said, while expressing optimism for growth momentum to continue…
Boro receive another financial windfall as Djed Spence completes Tottenham exit
Middlesbrough have once again benefited from a sell-on fee clause after Djed Spence completed his move from Tottenham to Inter Milan on Saturday. On the same day that Ashley Phillips also left Spurs to join Boro in an initial £7m deal…
Latest Business and Financial News : The Economic Times on mobile
In 1974, a Vietnam veteran moved to Alaska for a new life. 14 years later, he became the last person in US history to get a homestead patent Kenneth Deardorff, a Vietnam veteran from California, moved to remote Alaska in 1974 and filed a homestead…
LEWARD JEKE | Africa's future tied to stronger financial architecture
The conundrum of financial liberalisation resolves not into a verdict of success or failure but into a question of conditions, writes Leward Jeke…
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