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HSI misses 24,000 points at market close, financial sector suffers
Hang Seng Index fell below 24,000 at market close on Friday as the 10-year US Treasury yield hit a more-than-two-decade high and rising oil prices dampened investor appetite for risk assets. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng…
Drug-dealing Thierry Nevers given more time to prove finances
A footballer who bragged on Instagram about his drug dealing has been given more time to disclose information about his finances. Thierry Nevers, 24, who previously played for West Ham, Newport County and Bradford City, was jailed for three years…
Burt: 'Significant improvement in government finances'
David Burt, the Premier, tells the House of Assembly that early projections for the 2025-26 fiscal year show promising economic growth for the island (File photograph by Akil Simmons) The island has broken from “record” deficits and…
'Future-proofing' finances is a priority for three in four Brits, survey finds
A poll of 2,000 adults found 77% believe that by starting small, positive habits today, they'll be able to make their lives simpler in the future. Ways in which people try to help themselves in the long term include building up loyalty points with…
Brits feel more in control of their finances, study suggests
Brits feel they have more of a handle on their money than two years ago An annual study of over 4,000 adults found financial confidence has risen from 79% to 85% since 2024. When it comes to savings, confidence has also risen from 79% to 83%.
I've been struggling to find a job for over 2 years. It's hurt my finances, confidence, and social life.
This as-told-to essay is based on a conversation with Jeremy Spiegel, a job seeker in his 40s who lives in Massachusetts. The following has been edited for length and clarity. In my job search, I've been told so many times a version of 'It's not…
Financial Shares Tick Higher Amid Bond Yields Relief -- Financials Roundup
Shares in the financial sector regained some ground as a massive bonds selloff took a breather, pushing borrowing costs down from multidecade highs. UBS came under more pressure to leave Switzerland before it is hit by new capital rules. Artisan…
UK Finance Leaders Expect Tokenization to Reshape Markets
Latest News PublishedOct 2, 2026 A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance. Nearly three-quarters of major UK…
Developers close financing for Rivana Apartments in River District
The River District neighborhood reached a significant milestone this week when the developers of the 220-unit Rivana Apartments closed on financing that paves the way for construction to begin on the $111 million complex later this month. The deal…
AfDB in talks to plug $400B financing gap
The African Development Bank is holding talks with financiers, with the aim of finding ways to mobilize around $4 trillion in untapped domestic capital to fund the continent's development needs, its president said. Sidi Ould Tah said the…
Gov't to consider further reducing Treasury bond issuance if necessary: finance minister
The finance minister on Friday said Korea will consider further reducing Treasury bond issuance if necessary, pledging to continue closely monitoring the market. Finance Minister Lee Hyoung-il's remark came after Korea decided to reduce Treasury…
Manchester City Claims Innocence in Appealing Financial Breaches
Manchester City appealed the decision of an independent commission that found the football club had breached Premier League financial rules. “The Club's firm position is that, on multiple grounds, the opinion contains clear material errors…
Ted Baker Opens Store in London's Financial District
Ted Baker is headed back to the U.K. The British lifestyle brand, which was purchased by Authentic Brands Group in 2022, opened a stand-alone store in its former home country on Friday. Called Ted Baker Tailored, the store is located at 155…
Kigali Financial Centre mobilises over Rwf600bn in six years
Kigali International Financial Centre (KIFC) has mobilised more than Rwf600 billion since it was established in 2021, Prime Minister Justin Nsengiyumva told Parliament on Friday, October 2. Most of the funds came from new investors who established…
Blue Owl Technology Finance: A Massive Discount Explained (NYSE:OTF)
Blue Owl Technology Finance Corp. trades at just 0.59× NAV after a 40% selloff, with credit fears overstated as non‑accruals remain minimal and software borrowers show stable fundamentals. OTF's dividend coverage is tight: recurring…
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