Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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. 0652 GMT – The recent sell-off in shares of U.K. banks can't be justified ahead of third-quarter results which should…
DBS CEO Tan Says Market Is Repricing Risks on AI Financing
The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd. Chief Executive Officer Tan Su Shan. “The market has…
A 'Mathpocalypse' is freaking out cyber and finance experts. Should you be worried?
The world has seen plenty of scary cybersecurity threats in recent years, but nothing quite like what emerged last week. The new threat came in the form of a document drop from OpenAI that The Economist proclaimed to be “judgment day for…
CKI at its strongest-ever financial position, Victor Li says in CKI CEO Symposium
CK Infrastructure (1038) said on Monday that it has concluded a two-day CKI CEO Symposium in Hong Kong, gathering chief executives of 20 member companies across Hong Kong, the United Kingdom, Australia, Canada, the Netherlands, Germany and New…
HSBC, Goldman to headline HKMA's Global Financial Leaders' Summit, Bloomberg reports
Global finance chiefs from HSBC (0005), Goldman Sachs, Morgan Stanley, UBS, and Citadel Securities are expected to join the fifth Global Financial Leaders' Investment Summit in November, organized by the Hong Kong Monetary Authority, Bloomberg…
Tasmania's financial windfall from mine leads to creation of future fund
Topic:Mining and Metals Industry In 2023, the Tasmanian government acquired 12 per cent of the shares of a struggling tungsten mine after its owner could not repay a $10 million loan. The price of tungsten has since significantly increased. A…
Pakistan Targets Another Ratings Upgrade, Says Finance Minister
Pakistan is aiming to push its sovereign credit rating further and continue to tap the global debt markets as the economy improves, according to its finance minister. The nation targets B plus category by next fiscal year, Muhammad Aurangzeb said…
Fernandes says met Finance, Transport Ministries, but insists AirAsia doesn't need govt rescue
AirAsia co-founder and adviser Tony Fernandes insists that the troubled airline can navigate its financial turbulence without government assistance. This comes after he reportedly had a recent meeting with officials from both the Finance Ministry…
Election 2026: Where Perry, Stelson stand on campaign finance reform, anti-corruption policies
Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. HARRISBURG — Ahead of the Nov. 3 election…
Limits on AI financing are needed before the buildout grows further - Carlyle's Jason Thomas
Carlyle Group (CG) is urging private credit lenders to establish explicit concentration limits on artificial intelligence financing before the buildout accelerates further, warning that the industry risks repeating the same overexposure mistakes it…
Finance minister calls for diversification of trade network amid uncertainties
Finance Minister Lee Hyoung-il on Monday stressed the need to diversify Korea's trade network to address uncertainties, including economic fragmentation and protectionism. Lee made the remarks during a meeting on international economic affairs with…
'I'm a finance expert - three tax changes Burnham and Healey could make in Autumn Budget'
John Healey and Andy Burnham are tipped to announce three tax changes in the Budget Andy Burnham and John Healey have been tipped to make three tax changes in this year's Autumn Budget. The Chancellor will outline the Government's financial plans…
AI is making retirement more unpredictable, with only 1 in 5 feeling financially prepared: survey
Over half of Hong Kong workers surveyed believe artificial intelligence is making retirement more unpredictable, with only one in five feeling financially prepared, global asset management firm T. Rowe Price said on Monday. SCROLL TO CONTINUE WITH…
Health insurance open enrollment: Use this 'algorithm' to pick a plan, financial advisor says
Open enrollment for health insurance is fast approaching for people who get plans through their employers or the Affordable Care Act marketplace. Consumers may have to make financial trade-offs amid soaring premiums, experts said. There are two…
OOPS! So Bloomberg News, Where's Your 'Recession Rivaling the Great Financial Crisis'?
Lefty outlets like Bloomberg News have shown a tendency to dial up the economic scareporn in a midterm election year precisely so they can swing the electorate, regardless if they eventually end up looking like idiots when their half-baked…
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