Financial Industry News
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Willis Lease Finance (WLFC) Bets on Malaysia for Next Phase of Global Expansion
Recent land acquisition in Malaysia backs Willis Lease Finance Corp.'s (NASDAQ: WLFC) plans to expand its global maintenance footprint. The company will utilize the location to construct a new Willis Engine Repair Center (WERC). As a location…
EXCLUSIVE: Russian document reveals sweeping Iran plan spanning nuclear, finance and aviation
EXCLUSIVE: Nonpublic 2024-2026 roadmap shows Moscow and Tehran building financial, energy and industrial ties, creating new channels for trade and cooperation as both face mounting Western sanctions. A nonpublic Russian government document obtained…
ASX unveils new bond repo benchmark as secured financing market booms
The ASX is set to unveil a new bond market benchmark rate which measures the cost of borrowing money secured against government bonds. The benchmark will go live at the end of this month and is known as SOFIA, or the Secured Overnight Funding Index…
Shinhan Financial expands partnership with Vietnam's Vingroup
Shinhan Financial Group is expanding its partnership with Vietnam's Vingroup beyond motor vehicle finance into capital markets, it said Sunday. Shinhan Financial Chairman Jin Ok-dong met with Vingroup executives Thursday at Shinhan Bank Vietnam's…
Good Intentions Paved The Road To The 2008 Financial Crisis
This week marks the eighteenth anniversary of the failure of Lehman Brothers, a key event of the 2008 global financial crisis (GFC). Lehman's failure and the GFC more broadly were dramatic economic events. Lehman Brothers was the largest bankruptcy…
Chinese firms keen on Oman's International Financial Centre: official
Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz from Iran – as they aim to tap the lucrative Middle East market while minimising risks, an Omani official said. Banks…
The Right Choice | MBA in Finance vs FinTech: Which path has a better future?
Do Data Analytics and basic coding form part of a Finance specialisation in an MBA? Until a few years ago, perhaps not, but such skills are now important for MBA students specialising in Finance to make the most of the job opportunities available.
Sports betting apps prod and entice fans as gambling exacts a growing financial toll
When Meta agreed last month to pay states $17.1 billion in penalties and make major changes to address claims that its platforms are addictive, attorney Jennifer Hoekstra already had her eyes set on the next frontier in the consumer backlash to Big…
Old era of jingoism, equating Nepali nationalism with anti-Indianism, is over: Nepal Finance Minister
A month after floods wrecked large areas in Nepal, its new government is intensifying efforts to support reconstruction. Nepal's Finance Minister Swarnim Wagle, an economist and former UNDP official, made his first visit abroad to Delhi to discuss…
Agricultural exports to energy transition: States, Finance Minister discuss Viksit Bharat goal
5 min read New Delhi Make us preferred source on Google Meghalaya grows the same flowers as Vietnam, but for wedding decoration in India, the orders for flowers are placed from Vietnam instead of the north-eastern state. Reason: A gap in logistical…
MeitY to take up semiconductor companies' concerns with Finance Ministry to ease hurdles at Customs
India's fast-expanding semiconductor ecosystem is running into regulatory and customs hurdles that could slow project execution, prompting the Ministry of Electronics and Information Technology (MeitY) to take up the industry's concerns with the…
Are global stock markets heading for a crash?
At the height of the summer, the mood was optimistic in the world's financial capitals. Powered by the AI revolution, the US stock market had rallied to a fresh all-time high, as investors bet the multitrillion-dollar investment spree would…
Uttarakhand Government to Provide Financial Aid for Tablets to Class 10 and 12 Students
The Uttarakhand government, led by Chief Minister Pushkar Singh Dhami, has announced a financial aid program for students in Classes 10 and 12 at government schools to purchase tablets. This initiative aims to enhance digital access to educational…
Bharath honours students from Rajaka community, assures financial aid for education
Industries and Commerce Minister T.G. Bharath Gupta presented awards to students from Rajaka community who excelled in their Class X, Intermediate, and degree examinations in Kurnool on Sunday. Speaking on the occasion, Mr. Bharath urged students…
Potential 'autumn bounce' for housing market as asking prices jump in September
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Hints of an “autumn bounce” were seen in…
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