Archive for June, 2014

postheadericon Finance ministry officials get ready for 15-day hibernation in dungeon

The finance ministry is preparing for the annual 15-day hibernation for its 200-odd people engaged in printing the Budget papers to be presented in Parliament.

postheadericon Fitch: Latin American Leveraged Finance Stable Despite Challenging Environment

Latin American leveraged finance activity is expected to remain robust despite challenging market conditions for the weakest credits, an increase in defaults, and other industry an

postheadericon Finance laws on track to be watered down

The Abbott Government will press ahead with weakening finance laws despite the corporate regulator saying it has just 30 staff to police the nation's 40,000 financial advisers.

postheadericon North Stonington finance board pick questioned, defended

Although resident Brian Rathbun has questioned whether Board of Finance Chairman Dan Spring was appointed illegally, the town’s law firm said a strong argument can be made that the appointment is acceptable.

postheadericon Unum to Transform HR and Finance in the Cloud With Workday

Workday, Inc. , a leader in enterprise cloud applications for human resources and finance, today announced that Unum , a leading provider of financial protection benefits through the workplace, has selected …

postheadericon Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index , which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for May was $6.9 billion, down 8 percent from new business volume in May 2013.

postheadericon KPMG Corporate Finance LLC Acquires Investment Bank St. Charles Capital

NEW YORK and DENVER — KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC ("KPMG CF") has acquired substantially all of the assets of St. Charles Capital, a boutique investment bank …

postheadericon Mauritius central bank, finance ministry to agree inflation target – PM

Mauritius' central bank and finance ministry agreed to set an inflation target and coordinate other monetary policy issues, the prime minister said, signalling that a row over the direction of interest rates could be over. The Bank of Mauritius has called for a rate hike to encourage savings while the former finance minister had pushed to keep rates steady, saying the central bank should use …

postheadericon Alibaba chooses New York Stock Exchange over Nasdaq – The Daily Star


AllMediaNY
Alibaba chooses New York Stock Exchange over Nasdaq
The Daily Star
"We participated in a comprehensive and deliberate exchange selection process, and we are pleased to welcome Alibaba Group to the New York Stock Exchange," an NYSE spokesman said. Alibaba will be the largest Chinese company to list in the United …
Alibaba picks NYSE for US IPO: reportAllMediaNY

all 3 news articles »

postheadericon London Stock Exchange to Buy Russell Investments for $2.7 Billion – New York Times


Wall Street Journal
London Stock Exchange to Buy Russell Investments for $2.7 Billion
New York Times
LONDON – The London Stock Exchange said on Thursday that it had agreed to pay $2.7 billion in cash for Russell Investments, the owner of the Russell 2000 stock market index. The acquisition, according to the exchange, will build upon the L.S.E.'s
London Stock Exchange to Buy US Asset Manager Frank Russell for $2.7 BillionWall Street Journal
London Stock Exchange to buy Russell Index for $2.7 billionUSA TODAY
London Stock Exchange agrees $2.7bn Russell Investments dealFinancial Times
ABC News -CITY A.M. -Reuters
all 156 news articles »

postheadericon Alibaba to be listed on New York Stock Exchange – CNET

Alibaba to be listed on New York Stock Exchange
CNET
Alibaba has submitted a new amendment to its S-1 filing — a form submitted for registering with the SEC before going public — disclosing that the company would be listing its shares under the symbol "BABA" with the New York Stock Exchange. Alibaba's

postheadericon Alibaba to List on New York Stock Exchange – Wall Street Journal


Wall Street Journal
Alibaba to List on New York Stock Exchange
Wall Street Journal
The exchanges are known for their dueling market opens and closes, the televised events that often feature listed companies that get a publicity boost at the start and end of the trading day. Companies listing on NYSE ring a bell while overlooking the
Alibaba Picks New York Stock Exchange for IPOBloomberg
Alibaba picks New York Stock Exchange for US IPOReuters
Alibaba, Chinese Internet Giant, Picks NYSE for Its ListingNew York Times
CNNMoney (press release) -NDTV
all 203 news articles »

postheadericon Finance laws on track to be watered down – The West Australian


The West Australian
Finance laws on track to be watered down
The West Australian
The Abbott Government will press ahead with weakening finance laws despite the corporate regulator saying it has just 30 staff to police the nation's 40,000 financial advisers. In the wake of a bipartisan Senate committee backing a royal commission
Senators urge inquiry into Commonwealth Bank finance planning scandalReuters
Abbott government hoses down calls for royal commission into Commonwealth Sydney Morning Herald

all 255 news articles »

postheadericon Experts sought for finance committee – Insurance News Net

Experts sought for finance committee
Insurance News Net
June 27 — CLINTON — A finance committee ordinance is currently working its way through Clinton City Council agendas. With two more council readings and adoption left for the ordinance, it could become law by mid-July with appointments and meetings …

and more »

postheadericon Advice, fees will have to be fairer – Independent Online


Independent Online
Advice, fees will have to be fairer
Independent Online
You should be treated fairly when receiving advice or buying financial products, because the principles of Treating Customers Fairly (TCF) are already in operation in the financial services industry. But unfair practices continue, because more changes

and more »

postheadericon SA risks losing top finance spot – Independent Online


Independent Online
SA risks losing top finance spot
Independent Online
Despite leading the Southern Africa regional foreign direct investment (FDI) inflow charge, South Africa could now be overtaken by Mauritius as the African hub for mining sector financial structuring deals unless it further improves its financial

postheadericon Mauritius central bank, finance ministry to agree inflation target – PM – Reuters Africa

Mauritius central bank, finance ministry to agree inflation target – PM
Reuters Africa
PORT LOUIS (Reuters) – Mauritius' central bank and finance ministry agreed to set an inflation target and coordinate other monetary policy issues, the prime minister said, signalling that a row over the direction of interest rates could be over. The

and more »

postheadericon Kwality signs MoU with Central Bank to finance dairy farmers – Economic Times


Economic Times
Kwality signs MoU with Central Bank to finance dairy farmers
Economic Times
"Kwality has signed a Memorandum of Understanding (MoU) with Central Bank of India for financing of dairy animals to the Milk Producer Farmers (MPF) and to provide financial assistance for expansion/establishment of their dairy farms," the company said

and more »

postheadericon Personal Finance: Parents’ ‘stuff’ can be a burden for boomers – Sacramento Bee

Personal Finance: Parents' 'stuff' can be a burden for boomers
Sacramento Bee
Losing a parent is an inevitable hurdle in life. And for baby boomers, whose aging parents are often in their 80s and 90s, it's an imminent one. Aside from coping with the emotional burden, there's also the burden of dealing with all the “stuff.” It

and more »

postheadericon Struggling Melamed Finance ‘borrowed from Peter to pay Paul’ – BDlive

Struggling Melamed Finance 'borrowed from Peter to pay Paul'
BDlive
CREDITORS of cheque discounting scheme, Melamed Finance, have been sent reeling as the multi-million rand business has collapsed under a mountain of bad debts. The collapse has caused ripples in Sydenham's Jewish community, where Melamed's …

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