Financial Industry News
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John Lee meets CSRC chairman to discuss deepening financial market connectivity
Chief Executive John Lee met with China Securities Regulatory Commission chairman Wu Qing at Government House on Sunday to exchange views on deepening mutual access between Hong Kong and mainland financial markets. SCROLL TO CONTINUE WITH CONTENT…
Korea's future fund should finance the next boom
The best time to prepare for the end of a boom is while it still feels permanent. Korea's artificial intelligence (AI)-memory surge is lifting exports, profits, and tax revenue. It has also given the government a rare chance to finance the…
Hong Kong, CSRC deepen financial ties ahead of first yuan bond futures launch
Hong Kong's leader has met the head of mainland China's securities regulator to discuss deepening links between the two financial markets ahead of the launch of the city's first yuan-denominated bond futures. Chief Executive John Lee Ka-chiu said…
Legislative Roundup: Bill introduced to expand low-cost financing for transportation infrastructure
U.S. Sen. Dave McCormick (R-PA) and U.S. Sen. Tammy Duckworth (D-IL) this week introduced the Transit for Urban Renewal and Business Opportunities Act (TURBO Act) — legislation that would expand and modernize a key federal financing tool…
Aspo Plc's Half-year Financial Report, January 1 - June 30, 2026: Substantial profit improvement
Aspo Plc Half-year Financial Report August 3, 2026 at 9.00 EEST Aspo Plc's Half-year Financial Report, January 1 – June 30, 2026: Substantial profit improvement This is a summary of the Half-year Financial Report January 1 – June 30…
Ord Minnett parts ways with head of corporate finance after staff exodus
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Years of Bad Financial Decisions Left Me With $145K in Debt. I Don't Know Where to Start
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Years of bad financial decisions left one person with about $145,000 in debt, despite earning a six-figure salary. Now, after years of trying to…
L&T Finance's Lakshya is delivery: Sudipta Roy
L&T Finance expects to complete its transformation into a diversified retail financial services company by 2031, with a strong presence across both urban and rural India. In an interaction with businessline, Sudipta Roy, Managing Director and Chief…
VFH vs. IAT: Which Financial Sector ETF Is the Better Buy?
Comparing the Vanguard Financials ETF (VFH -0.14%) and the iShares U.S. Regional Banks ETF (IAT +0.05%) reveals two very different approaches: one is a broad-market financial services strategy, and the other is a concentrated, high-yield bet on…
Education Ministry announces mandatory high school financial education classes
The Education Ministry announced mandatory financial education classes for ninth and 10th graders beginning in the 2026-2027 school year. Approximately 550 teachers have already been trained, the ministry said, and another 750 are expected to begin…
Financial sector tops the S&P 500 in July, led by PayPal's 30% rally
XLF outperformed due to strong earnings, rotation out of AI-related stocks, strength in payments, exchange operators, insurance, and significant M&A activity. M&A activity became the defining theme; notable deals, takeover interest, and…
Hong Kong debuts offshore China government bond futures to deepen yuan use
Hong Kong launched offshore Chinese government bond futures on Monday, giving foreign investors a new risk-management tool as Beijing steps up efforts to expand the yuan's global use through the Asian financial hub. SCROLL TO CONTINUE WITH CONTENT…
Muthoot Finance shares tumble 14% despite Q1 profit, brokerages flag margin pressure
Muthoot Finance shares tumbled 14.4 per cent on Monday after the company's June quarter earnings triggered mixed reactions from brokerages, with concerns over margin compression outweighing healthy loan growth and a 25 per cent rise in profit. The…
Persistent financial hardship tracks with poorer memory and processing speed by midlife
Seven decades of cohort data connect chronic financial strain with cognitive differences by midlife and complex patterns of brain aging shaped by sex, childhood disadvantage, and genetic risk. Want to read later? Download your PDF copy by clicking…
Sodium Nitrate, Suicide Note: Pune Family Of 3 Dies Over Financial Distress
The police have registered a case, and further investigation is underway. Summary is AI-generated, newsroom-reviewed Family of three found unconscious in Pimpri, Pune, suspected suicide case Suicide note cited financial distress and no one else to…
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