Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Government proposes planning team for Apec finance chiefs' meeting in Hong Kong
Some 500 guests are expected to attend the Asia-Pacific Economic Cooperation (Apec) finance ministers' meeting in Hong Kong in October, the first to be held in the city, with authorities set to appoint a team led by two senior officials to oversee…
Hana Financial Group Seeks 'Balanced Growth' With Non-Bank Turnaround
Feb. 1 (Asia Today) -- Hana Financial Group said Sunday it will accelerate efforts to boost performance at its non-bank affiliates this year, marking a pivotal shift toward more balanced growth as its banking unit continues to dominate earnings.
Emma Bridgewater boss 'encouraged' by recent financial results
Richard PriceBBC News, West Midlands The chief executive of a pottery firm has said he is 'encouraged' by the business' recent performance. Iain Martin, who leads Emma Bridgewater Ltd, said the company's recovery plan was on track and that he…
EfTEN United Property Fund unaudited financial results for 4th quarter and 12 months of 2025
The year 2025 was the first full year in the operating history of EfTEN United Property Fund in which the Fund did not make new larger investments, and the financial results reflected the full performance of the existing portfolio. During the year…
Morgan Stanley positive on Indian stocks post Budget, overweights Financials, Consumer Discretionary, Industrials
Global investment bank Morgan Stanley has reiterated a constructive view on Indian equities following the Union Budget, placing an overweight stance on Financials, Consumer Discretionary and Industrials, according to its latest report. The report…
Blow to Himachal's finances as RDG ends; 'black day, says Sukhu
“The demolition of RDG is a direct violation of Article 275(1) of the Constitution of India. We are examining all the legal aspects. We will discuss the issue in the next Cabinet meeting and take a decision,” he said. Later, in…
Include heatwaves, lightning as notified disasters: 16th Finance Commission
Accommodating a long-pending demand of the states, the 16th Finance Commission has recommended that heatwave and lightning be included in the list of notified disasters under the Disaster Management Act. This will enable the states to use money in…
Goodbye dollar dominance, hello global financial anarchy
A week ago I wrote about the possibility that the world would pull its money out of the United States of America. I noted the rise in the price of gold as a sign that the world might be entering a time of international financial anarchy: [G]old's…
Stocks, gold and oil plunge in market rout - latest updates
The FTSE 100 dropped at the start of trading amid a global rout in markets. The UK's benchmark stock index fell 0.5pc to 10,175.33 after trading began, while the mid-cap FTSE 250 dropped by 23,092.48. Analysts insisted gold was “not in a…
Finance Minister Nirmala Sitharaman presents Budget: 'Customs duty cuts will boost local manufacturing'
Finance Minister Nirmala Sitharaman, along with six secretaries from the Ministry, addressed a press conference after presenting the Budget for 2026-27, in which they spoke about hiking Securities Transaction Tax (STT) to curb speculative retail…
New Mountain Finance: Baby Bonds Offer Attractive High-Yield Income Solution (NASDAQ:NMFC)
New Mountain Finance focuses on defensive growth, investing in acyclical, niche-dominant middle-market companies and triple net lease real estate. NMFC maintains a solid $3.1B balance sheet with $1.26B equity, conservative leverage, and only 1.7%…
Finance Commission recommends Rs 66,100-cr grant for urbanisation, revamp of drainage in cities
3 min read New Delhi Make us preferred source on Google Flagging the urgent need for improving the drainage system in cities and the slow pace of urbanisation, the 16th Finance Commission has recommended a Rs 56,100 crore grant for wastewater…
Punjab to lose Rs 4,800 crore every year as Finance Commission ends Revenue Deficit Grant
In the election year, when the Aam Aadmi Party (AAP)-led government is scrapping the barrel to pay Rs 1,000 per month to women voters, the 16th Finance Commission Sunday stopped the Revenue Deficit Grant (RDG), tightening the state's purse strings…
'Urgent need to revamp drainage system': 16th Finance Commission recommends Rs 56,100 crore for wastewater management
3 min read New Delhi Make us preferred source on Google Flagging the urgent need for improvement of the drainage system in cities and the slow pace of urbanisation, the 16th Finance Commission has recommended a Rs 56,100 crore grant for wastewater…
US futures and Asian shares slip as worries over Trump's Fed chief pick and AI weigh on markets
U.S. futures and Asian shares skidded on Monday as worries over President Donald Trump's nominee to be the next Federal Reserve chair amplified jitters over a possible bubble in the artificial intelligence boom. South Korea's exchange, which is…
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