Join now for FREE unlimited access to Reuters.com Register Alibaba notified of US audit inspection – sources Verification of audits of Chinese companies listed in the United States begins next month Follows landmark US-China audit agreement Alibaba shares fall nearly 3% HONG KONG, Aug 31 (Reuters) – U.S. regulators have …

A brokerage, art gallery, investment bank and business loan provider took a total of 21,000 square feet to Skyline Real Estate Partners‘ 20 West 55th Streetlearned Commercial Observer. The largest of the four transactions comes from stock brokerage Auerbach-Graysonwho renewed his lease for 6,579 square feet on the entire fourth …

With loans without a credit check, borrowers can be allowed to obtain a personal loan without the usual credit checks. Banks and other traditional lenders frequently perform rigorous credit checks to assess a borrower’s creditworthiness. A thorough credit check includes reviewing borrowing and repayment history, defaults, late payments, and other …

A senior presidential adviser has told Ukrainians not to expect quick gains, after his country launched a long-awaited counter-offensive aimed at retaking the southern province of Kherson from Russian forces. Ukrainian troops broke through Russian defenses in several frontline areas near the city of Kherson, said Oleksiy Arestovych, adviser to …

Quadintel has published a new report on the Mobile banking market. The research report contains detailed information about demand, growth, opportunities, challenges and restraints. Also, it provides an in-depth analysis of the structure and possibility of global and regional industries. In India, mobile banking has grown over the years with …

Taloja Police have registered a case against loan collectors of an instant loan application for allegedly harassing a 40-year-old Navi Mumbai woman by circulating her transformed photographs to her husband, daughter and relatives to extract money despite repaying the loan amount. The victim is a resident of Taloja and works …

Every day of the week, The detail makes sense of big news. This week we explored the gilded halls of the Reserve Bank and the flak facing Governor Adrian Orr, how a sinking island in the Pacific goes about getting its people to safety, the disinformation peddler group seeking to …

An article by Snehal S Herwadkar, Sonali Goel and Rishuka Bansal of the Reserve Bank of India (RBI) on “Privatization of Public Sector Banks: An Alternative Perspective” is seen as something it never claimed to be. The authors’ position was misinterpreted by the opposition (and part of the …

Free shares in September 2022: An equity investor does more than just gain appreciation from the share he holds in his portfolio. There are other sources of income for a stock investor which come from dividends, stock buybacks and free shares that a listed company announces from time to time. …

Policy Bank’s NPL in Tigray reaches 10 billion birr The National Bank of Ethiopia (NBE) is considering removing non-performing loans (NPLs) of Tigray bankers from banks’ balance sheets. The bank is working with the Ethiopian Bankers Association (EBA) to identify projects and loans caught in the war in northern Ethiopia. …

mini Loan sharks peaked in the aftermath of the Covid-19 pandemic, which ravaged businesses and put millions out of work around the world. They attack digital ecosystems by promising quick cash to those running from pillar to pillar for a new job or to earn quick cash to meet expenses. …

Although the market was volatile, the banking sector attracted investor interest. The Nifty PSU Bank and Private Bank indices have gained between 8 and 9% over the past month compared to the benchmarks, which are up around 6.5% each. Independently, PSU Bank has gained around 5% over the past week …

To print this article, all you need to do is be registered or log in to Mondaq.com. Introduction According to the Turkish Commercial Code (“CCT”), some corporations are defined as corporations. Joint-stock companies are one such joint-stock company and fall under the “maintenance of share capital principle” of the TCC. …

(MENAFN-Caribbean News Global) BRIDGETOWN, Barbados – Building on the Caribbean Development Bank’s (CDB) focus on innovation and improving access to finance to drive growth and development, the regional financial institution has partnered with the Eastern Caribbean Securities Regulatory Commission (ECSRC) to develop a solution to improve the availability of financing …

The threat of a nuclear disaster had been looming for months Russia six-month war in Ukraine. Those fears have been renewed in the past two weeks after increased bombardment around the massive Zaporizhzhia nuclear power plant, the largest in Europe, which has been under Russian control since March. Attacks on …

🔊 Listen to this article Open banking, innovation and cloud technology are not synonymous but are very closely related. As open banking is about data, it creates an opportunity for banks to become data-driven businesses and provide personalized services in context for customers. To learn more about open banking and …

Document with student loan waiver title. Getty Images/iStockphoto Student loan borrowers can finally get an answer on student loan forgiveness. President Biden is would have is expected to make an announcement on Wednesday, with many speculating it could be related to his student loan cancellation plan. “I’m looking at doing …

An investigation has begun to dig deeper into allegations of currency abuse by six other commercial banks that fueled market volatility. Six teams from Bangladesh Bank (BB) have been dispatched to carry out further inspections against five private commercial banks (PCBs) and one foreign commercial bank (FCB) in this regard, …

Russia plans to launch new attacks on Ukraine’s civilian infrastructure and government facilities soon, a US intelligence official has warned. “Given Russiathe prize list of Ukrainewe are concerned about the continued threat Russian strikes pose to civilians and civilian infrastructure,” said the official, who spoke on condition of anonymity. The …

The Bank of Ghana warns the public against unlicensed entities engaged in providing consumer loans in violation of the Banks and Specialized Depository Institutions Act 2016. According to the Central Bank, these illegal entities mainly use the use of mobile applications and social media in their activities. The 19 entities …

Here is the list of the top 10 stocks that will be in the spotlight today One97 communications: Shareholders of One97 Communications, which operates under the Paytm brand, have approved the reappointment of Vijay Shekhar Sharma as Managing Director and Chief Executive Officer of the company, according to the scrutineer’s …

Comment this story Comment One of the fastest growing banks in the United States is on a mission to rewire the industry. It also touched a few nerves. Cross River Bank began turning heads in the financial arena soon after Congress began releasing $800 billion in emergency loans to help …

By PAUL WISEMAN and DAVID McHUGH, AP Business Writers MECKENHEIM, Germany (AP) — Martin Kopf needs natural gas to run the family business, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of zinc worth 2.5 million euros ($2.5 million) …

Congress passing the most ambitious climate bill in US history is cause for celebration, which some estimates can reduce the country’s emissions by as much as 40 percent. But even with this much-needed breakthrough, the United States, other countries and the private sector have delayed cutting emissions for so long …

Advertising NBS Bank has introduced a payday loan allowing customers to borrow at least K30,000 and up to 40% of their net salary without interest. The payday loan requirements are that users of the service must have a national ID, a payday account with NBS, and a clean CRB report. …

The North Carolina State Treasurer increased its stake in shares of Donaldson Company, Inc. (NYSE: DCI – Get Rating) by 1.6% in Q1, according to its latest 13F filing with the Securities and Exchange Commission. The fund held 45,501 shares of the industrial products company after buying an additional 723 …

By Dr Roshan Rajadurai Inflation threatens all Sri Lankans as the price of food and other basic necessities continues to soar. At the center of this historic economic, political, social and humanitarian catastrophe are a series of deeply flawed and widely criticized policy decisions that have thrown the country’s agricultural …

WASHINGTON (AP) — A senior Treasury Department official is scheduled to make his first official trip to India next week since Russia’s invasion of Ukraine began. Amid tensions over India’s neutral stance on the invasion that began in late February, the United States wants the meetings to focus on how …

Russell Investments Group Ltd. raised its stake in the shares of Peapack-Gladstone Financial Co. (NASDAQ: PGC – Get a rating) by 17.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The company held 31,685 shares of the financial services provider after purchasing …

The Swiss National Bank raised its position in shares of The Scotts Miracle-Gro Company (NYSE:SMG – Get Rating) by 6.2% in the 1st quarter, according to the company in its latest communication to the Securities & Exchange Commission. The company held 97,800 shares of the basic materials company after buying …

Principal Financial Group Inc. raised its position in shares of KeyCorp (NYSE:KEY – Get Rating) by 1.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund held 1,154,411 shares of the financial services provider after acquiring an additional …

But even with billions of dollars worth of weapons from across Europe and North America now in Ukrainian hands, real questions remain about whether it’s enough and what it might look like. Some of these weapons, such as the American-made high-mobility artillery rocket system, enabled Ukraine to beat Russian positions …

The logo of Swiss bank Credit Suisse is seen at a branch in Bern, Switzerland October 28, 2020. Picture taken October 28, 2020. REUTERS/Arnd Wiegmann Join now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – Credit Suisse (CSGN.S) has appointed James Purcell to lead the sustainability framework, …

Here is the list of the top 10 stocks that will be in the spotlight today CGSB: ONGC announced on Friday a tripling of its net profit in the June quarter as it won record prices before the government imposed a tax on windfall profits resulting from a global increase …

Aug. 15 (THEWILL) – A 19-year-old Lagos-based comedian, Eyinatayo Iluyomade, has landed in jail for pranking a branch of First Bank Plc in Ondo with a written notice of an impending robbery attack. Iluyomade was charged by police with three counts bordering on conspiracy, threatening and manner likely to pose …

Shops bombed in Siversk, eastern Ukraine. (Nic Robertson/CNN) There are many observations to be made about Ukraine. But on a recent road trip, one stands out – just how vast the country is. Three weeks of driving from south to east in this sprawling country through frontline villages, towns, past …

Branch managers came out of their glass cubicles and the seller’s market turned into a buyer’s market. But, there is no end to customer harassment TopicsBanks | customers | Banking sector As we celebrate the 75th anniversary of independence, let’s take a look at how the banking …

With a market valuation of ₹257.40 crore, Shreeji Translogistics Ltd. is a small capitalization company that operates in the logistics sector. The company is one of the leading providers of comprehensive domestic logistics solutions in India. The company offers a wide range of logistics services, including bond trucking and import-export …

Statement 1.Date of the board of directors resolution:2022/08/13 2.Source of capital increase funds:Through issuance of common shares. 3.Whether to adopt shelf registration (Yes, please state issuance period/No): No. 4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in …

Buyers in Moscow. Russia’s economy has proven more resilient to sanctions than some economists initially expected, but experts are now predicting a slowdown.Credit…Yuri Kochetkov/EPA, via Shutterstock Russia’s economy contracted sharply in the second quarter as the country felt the brunt of the economic fallout from its war in Ukraine, in …

The Insider’s Banker of the Week series appears in our weekday newsletter, 10 Things on Wall Street. This week, we’re spotlighting Kasper Knokgaard, who just closed an investment for EQT in entertainment company United Talent Agency. This is Knokgaard’s second investment in the film industry, following the acquisition of Cast …

(RTTNews) – Hong Kong’s stock market has fallen in three consecutive sessions, dropping nearly 600 points or 3% along the way. The Hang Seng is now just above the 19,600 plateau, although bargain hunting is likely to be in order on Thursday. Global forecasts for Asian markets are optimistic thanks …

Commonwealth Equity Services LLC reduced its stake in the shares of Sandy Spring Bancorp, Inc. (NASDAQ: SASR – Get a rating) by 3.5% in Q1, according to its most recent 13F filing with the Securities and Exchange Commission. The company held 51,804 shares of the bank after selling 1,874 shares …

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, August 8, 2022. andrew kelly | Reuters Shares fell on Tuesday as investors navigated a series of disappointing corporate reports ahead of a key inflation reading. The S&P 500 fell 0.6%, while the Nasdaq Composite …

American bank can now provide loan funds to auto dealerships immediately after the bank finalizes a loan agreement, according to a Tuesday, August 9 Press release. The bank has helped more than 800 car dealerships receive funds in real time following a pilot program in June. US Bank said in …

The office is expected to accommodate up to 350 employees by 2026. Charlotte, North Carolina Image courtesy of User 1778011 via Pixabay.com The Bank of London will locate its U.S. headquarters for the platform and global services at One Independence Center in Charlotte, North Carolina. The bank leased 40,000 square …

“India’s wealth management market is becoming highly competitive with digital disruption and the growing need for personalized client engagement” TopicsJulius Baer | Wealth Management | INR The wealth management space in India is very competitive and yet the Swiss bank Julius Baer does not hesitate to raise the …

Bhubaneswar: Three men, who were arrested by the Economic Crimes Wing (EOW) of the state’s crime branch for executing questionable loan applications in collusion with some Chinese nationals and deceiving several people in Odisha , were remanded in custody by the Mumbai Police for questioning. Mumbai police have taken Nitin …

PLANO, TX, August 7, 2022 /PRNewswire/ — NuZee, Inc. (NASDAQ: NUZE), a leading U.S. producer and co-packer of single-serve coffee formats, today announced pricing for its underwritten public offering of 4,200,000 ordinary shares at a public offering price of $0.82 per share, resulting in expected gross proceeds for NuZee of …

On Friday, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) raised the repo rate by 50 basis points to 5.4%. The repo rate is the interest rate at which the RBI lends to commercial banks. One basis point equals 0.01%. With this, the repo rate is …

In recent years, Wall Street companies have attempted to assert their commitment to the environment and social justice. Now they sing a different tune. Major US banks such as Goldman Sachs and JPMorgan Chase are among a group of global financial services companies that tout their business relationships with oil …

Following a 50 basis point rate hike by the Reserve Bank of India (RBI), private lender ICICI Bank and state-owned companies Punjab National Bank and Bank of Baroda raised lending rates. On Friday, the RBI’s monetary policy committee raised the repo rate to 5.40% from 4.90%, taking the benchmark …

Victory Capital Management Inc. raised its position in shares of The AZEK Company Inc. (NYSE: AZEK – Get Rating) by 21.0% in the first quarter, HoldingsChannel.com reports. The company held 860,995 shares of the company after purchasing an additional 149,616 shares during the period. Victory Capital Management Inc.’s holdings in …

August 04, 2022 Today, U.S. Sen. Chris Van Hollen (D-Md.) joined Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking, Housing, and Urban Affairs Committee, and other members of the Banking Committee and Housing, Senators Elizabeth Warren (D-Mass.), Catherine Cortez Masto (D-Nev.) and Robert Menendez (DN.J.) in a letter to …

Ukrainian soldiers line the front line trenches near Barvinkove in eastern Ukraine on Monday.Credit…David Guttenfelder for The New York Times DRUZHKIVKA, Ukraine — Long-standing Ukrainian defense strongholds in the east have come under intense attack in recent days, according to the Ukrainian military and Western military analysts. The fact that …

German Bank has partnered with traydstream to automate document verification for their Trade Finance products. Partnership with Traydstream aims to enhance the bank’s ongoing efforts to digitize and automate its document commerce business, increasing controls, ensuring scalability for growth and ultimately improving the business experience clients in the area of …

GDP growth forecast for 2022 maintained at 2.75%-3.5% sees 2022 exports up 6% to 8%; foreign tourists at 7-8 million Expects c.bank to hike rates next week BANGKOK, Aug 3 (Reuters) – Thailand’s economy is expected to grow another 2.75% to 3.5% this year, helped by rising exports, rising tourist …

PRICE PRESSURES: The Bank of Korea is expected to raise rates by at least 25 basis points this month as consumer prices rose 6.3% in June Inflation in South Korea accelerated further last month, underscoring the need for the central bank to continue raising interest rates in an attempt to …

Stock Yards Bancorp, Inc. (NASDAQ: SYBT – Get a rating) Executive Vice President Kathy C. Thompson sold 5,403 shares in a trade dated Friday, July 29. The stock was sold at an average price of $69.00, for a total transaction of $372,807.00. Following the transaction, the executive vice president now …

This week, the Conservative leadership race caravan is moving from parliament to members across the country. Ballots are expected to land on the doormats of 150,000 Conservative Party members in the coming days, while runners-up Liz Truss and Rishi Sunak face off in another televised debate on Sky News on …

Comment this story Comment Anchored to the US dollar since 1983, the Hong Kong dollar is generally a dull currency. Except when it’s not, like this year. When the US Federal Reserve began raising interest rates in March to combat historically high inflation, outflows from the Hong Kong dollar market …