Supply chain finance helps SMEs in emerging markets

Supply chain finance helps SMEs in emerging markets

Viet Nam News HCM CITY — FinTech helps small- and medium-sized enterprises (SMEs) in emerging markets like Việt Nam participate in supply chain finance, spurring company growth, speakers said at an APEC conference on supply chain finance held yesterday in HCM City. Marcel Reymond, head of cooperation of the Embassy of Switzerland’s State Secretariat for Economic […]

Stocks rise following strong October jobs report

Stocks rise following strong October jobs report

Stock are pointing to a fourth consecutive day of gains. US equities rose and Treasury yields at the long end of the curve ticked up after the US Department of Labor reported more new job additions in October than expected. The S&P 500 (^GSPC) rose 0.2%, or 5.29 points, as of 10:13 a.m. ET. The Dow (^DJI) […]

AFM: 120dB Film Finance Secures $100 Million in Funding

AFM: 120dB Film Finance Secures $100 Million in Funding

120dB Film Finance has executed a memorandum of understanding with a New York-based investment management firm for $100 million of financings with 100 loans during its 14-year history. The company made the announcement Thursday at the American Film Market in Santa Monica, Calif. Founded in 2004, the company offers gap, presale, tax credit, P&A, bridge, and finish […]

CM Murad hopes Centre will generously finance K-IV project

CM Murad hopes Centre will generously finance K-IV project

KARACHI: Sindh Chief Minister (CM) Murad Ali Shah has said that cost of Greater Karachi Bulk Water Supply, K-IV project has increased manifold and he was hoping that the federal government would generously finance it. He also expressed the hope that a similar financial support would also be made by centre to Karachi Circular Railway […]

German finance minister advocates steep rise in minimum wage

German finance minister advocates steep rise in minimum wage

During a trade with Africa meeting, with left to right, Austria’s Chancellor Sebastian Kurz, German Finance Minister Vice-Chancellor Olaf Scholz, and German Chancellor Angela Merkel, take part in a meeting at the “Compact with Africa” conference on trade, aid and diplomacy, meeting at the Chancellery in Berlin, Tuesday Oct. 30, 2018. (John Macdougall/Pool via AP) […]

India's finance minister Arun Jaitley criticises RBI for lending excess

India's finance minister Arun Jaitley criticises RBI for lending excess

Finance Minister Arun Jaitley Tuesday criticised the Reserve Bank of India for failing to check indiscriminate lending during 2008 and 2014 that has led to the present bad loan or NPA crisis in the banking industry. The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of […]

Stocks fall on reports of plans for additional tariffs on China

Stocks fall on reports of plans for additional tariffs on China

US equities tumbled Monday as markets continue to push through concerns over corporate earnings and ongoing global tensions. The S&P 500 (^GSPC) fell 0.66%, or 17.43 points, at the end of trading Monday. The Dow (^DJI) fell 0.99%, or 244.64 points. The index dipped into corrective levels during intraday trading, declining as much as 10.5% […]

Family Finance: Why Singh should be able to meet financial goals easily

Family Finance: Why Singh should be able to meet financial goals easily

Sukumar Singh works in Hyderabad and stays with his homemaker wife and two children, aged 11 and six. He gets a monthly salary of Rs 1.6 lakh, of which, Rs 75,000 goes in household expenses and kids’ education. Other expenses include insurance premium of Rs 4,250 and loan EMIs of Rs 28,000. Singh has taken […]

Finance ministry seeks input from ministries for Arun Jaitley's next Budget Speech

Finance ministry seeks input from ministries for Arun Jaitley's next Budget Speech

Mumbai: The Finance Ministry has sought inputs from different central ministries for Arun Jaitley’s Budget Speech, which would be the last budget of the current BJP-led NDA government before the 2019 general polls. Earlier this month, the ministry began the budgetary exercise for 2019-20. During the process, meetings will be held with ministries of steel, […]