Posted at 19:12h
in
News
by KMFSLLP
Some tech-heavy U.S. fund
managers have turned to the once-stodgy payments sector as an
alternative to so-called FANG stocks as high-flyers like
Facebook Inc and Google parent Alphabet Inc
falter.
...
Posted at 18:43h
in
News
by KMFSLLP
After making his fortune with
contrarian bets in financial markets, Brazilian economist and
investor Paulo Guedes is making his boldest wager yet.
...
Posted at 18:24h
in
News
by KMFSLLP
The Bank of Canada on Wednesday
raised interest rates as expected and said it might speed up the
pace of future hikes given the economy was running at almost
full capacity and did not need any stimulus.
Posted at 18:19h
in
News
by KMFSLLP
Company cannot explain why shareholders not notified of grants to CEO and CFO
...
Posted at 18:15h
in
News
by KMFSLLP
Singapore-based Grab has
partnered payments processor Mastercard Inc to issue
prepaid cards tailored to Southeast Asian consumers, extending
the use of Grab's digital wallet and helping its unbanked users
transact online.
...
Posted at 18:13h
in
News
by KMFSLLP
An uncompromising challenge to
EU budget rules by Italy is providing the first big test for
reforms introduced to save the euro zone nine years ago as
financial crisis threatened to tear it apart.
Posted at 17:58h
in
News
by KMFSLLP
The U.S. Federal Reserve will
consider a proposal that would ease rules for all but the
nation's largest banks at an Oct. 31 board meeting, the central
bank announced on Wednesday.
...
Posted at 17:53h
in
News
by KMFSLLP
Mick Mulvaney, the head of
the U.S. Consumer Financial Protection Bureau (CFPB) on
Wednesday fined a payday lender $200,000 for wrongly hounding
borrowers but the penalty fell short of the $3 million his
predecessor was seeking, said three sources familiar with the
move.
Posted at 17:38h
in
News
by KMFSLLP
Sales of new U.S.
single-family homes fell to a near two-year low in September and
data for the prior three months was revised lower, the latest
indications that rising mortgage rates and higher prices were
sapping demand for housing.
Posted at 17:09h
in
News
by KMFSLLP
* Rubis sees opportunities in LPG, bitumen
(Adds regulator statement on share trade probe)
...
