Category: financial
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NZD: RBNZ Deputy Governor Christian Hawkesby will speak about financial stability Tuesday
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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EBC Financial Group Enhances Liquidity and Lowers Trading Costs on Major Stock Indices
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Amid the global stock market recovery, EBC Financial Group (EBC) is enhancing liquidity for five major stock indices, including the US Dow Jones Index, Nasdaq, S&P 500, A50 (China), and Hang Seng Index (Hong Kong). This strategic move aims to provide investors with more effective and efficient trading across all…
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Medicare Mess Sends Humana Shares on Worst Fall Since Financial Crisis
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(Bloomberg) — Humana Inc. investors haven’t had a hard time. Nothing this bad since the global financial crisis 15 years ago. Most read from Bloomberg The health insurer’s stock price fell 22% on Tuesday and Wednesday alone, which last happened in February 2009. It continued to decline, with shares suffering…
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Starling Bank fined £29m for ‘shockingly lax’ financial crime controls
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Starling Bank has been fined £29m by the Financial Conduct Authority (FCA) over “shockingly lax” financial crime controls that left the UK financial system exposed to criminals and sanctioned individuals. The Financial Supervision Authority’s investigation revealed that the digital bank failed to design and implement appropriate systems to mitigate the…
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Mixed market signals: Technology sector shows resilience amid financial sector dips
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Stock Heat Map By FinViz.com Tue, 01 Oct 2024 13:46:04 GMT The US stock market today offers a mix of cautious optimism and sector-specific setbacks, as evidenced by the latest heatmap data. Let’s dive into the details: ? Technology sector: steady growth with major milestones The technology sector is showing…
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Net external borrowing to halve to Sh167bn in next financial year
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Kenya’s net external borrowing in the next fiscal year (2025-26) is expected to more than halve to Sh166.7 billion, from Sh355.5 billion in the current year, thanks to a sharp increase in repayments of original debt that will have to be rolled over using new borrowing. Financial forecasts published by…
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I earn Sh256,000 but only save Sh4,000. How do I get out of this financial hole?
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I earn Sh256,000 and Sh65,000 goes to legal deductions. Other details are as follows. Sacco loan 1 – Sh77,000 for 12 months, Sacco loan 2 – Sh14,000 for 24 months, Insurance documents Sh13,000, Sacco savings Sh4,000, House rent Sh11,000, Household expenses and children fees Sh58,000. After taking care of all…
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REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
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The rise of Bitcoin and digital assets has sparked a classic battle, with governments acting as watchful hawks, trying to control a fast and elusive technology like a deer darting across a decentralized savanna. In Nigeria, this struggle is as tangled as the dense foliage of a forest, with regulators…
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REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
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The rise of Bitcoin and digital assets has sparked a classic battle, with governments acting as watchful hawks, trying to control a fast and elusive technology like a deer darting across a decentralized savanna. In Nigeria, this struggle is as tangled as the dense foliage of a forest, with regulators…
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The Financial Anarchist Manifesto
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This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away with…
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Trump To Launch World Liberty Financial Crypto On Sept. 16
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Image: news.bitcoin.com As the world continues to evolve, the intersection of politics and technology has become increasingly prominent. In a move that captivated the crypto community, former US President Donald Trump announced It was announced The long-awaited cryptocurrency platform from its family, World Liberty Financial, is set to launch on…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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PNC Financial stock rises after CEO comments on Q3 NII guidance (NYSE:PNC)
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sharrocks/iStock Not published via Getty Images PNC Financial Services Group (NYSE:PNC) Stock I got 3% In afternoon trading Monday, Chairman and Chief Executive William S. Demchak projected the bank would generate net interest income in the third quarter at the high end of the 1% to 2% growth target it…
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Are financial advisers in demand?
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The job market is changing faster than ever before. New technologies like artificial intelligence and automation threaten to reshape the world of work as we know it. Many people, from truck drivers to accountants, don’t know if their jobs will still be around in a decade, let alone what their…
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Trintech’s owners explore $2 billion sale of financial software maker, sources say By Reuters
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Milan city win (Reuters) – Private equity firms Summit Partners and Vista Equity Partners are exploring a potential sale of financial software company Trintech, which could value the company at about $2 billion including debt, people familiar with the matter said. Trintech’s owners are working with investment bankers at Deutsche…
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X Financial reports solid Q2 with record net income By Investing.com
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X Financial (ticker: XYF) has announced a solid performance for the second quarter of 2024, with President Kan Li expressing pleasure over the company’s significant year-on-year growth in net income, which reached a record high despite a decline in loan volume. The company’s proactive management of loan volumes, focusing on…
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Timbercreek Financial Declares August 2024 Dividend
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Article Content TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial Corporation (TSX: TF) (the “Company”) is pleased to announce a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company, which will be paid on September 13, 2024 to holders of Common Shares of record on…
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Remark Holdings Q2 2024 financial results show progress By Investing.com
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Remark Holdings, Inc. (MARK), a global technology company, reported its financial results for the second quarter of 2024, highlighting a significant contract win with the Clark County School District and an optimistic outlook on future opportunities. The company is transitioning its revenue base from Asia to the U.S., citing political…
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Remark Holdings Q2 2024 financial results show progress By Investing.com
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Remark Holdings, Inc. (MARK), a global technology company, reported its financial results for the second quarter of 2024, highlighting a significant contract win with the Clark County School District and an optimistic outlook on future opportunities. The company is transitioning its revenue base from Asia to the U.S., citing political…