Hong Kong launches blockchain-based trade finance

Hong Kong launches blockchain-based trade finance

Don Weinland in Hong Kong July 15, 2018 Print this page Hong Kong’s de facto central bank will go live next month with a blockchain-backed trade finance platform set to link up with 21 banks, including HSBC and Standard Chartered. The launch of the system, designed by China’s Ping An Group, will be one of […]

New council finance sources possible: Robertson

New council finance sources possible: Robertson

Finance Minister Grant Robertson has told councils he will consider new ways to raise funds, including the possibility of targeted rates and special taxes to pay for local projects. Speaking at the Local Government NZ conference in Christchurch, Mr Robertson announced the Productivity Commission would undertake an inquiry into cost pressures on local councils and […]

Finance ministry's own division shares EC's concerns on electoral bonds & transparency

Finance ministry's own division shares EC's concerns on electoral bonds & transparency

The Financial Sector Reforms and Legislation Division has agreed with the EC’s view, which is that the new laws are ‘retrograde’ and need to be withdrawn. New Delhi: The Election Commission’s concerns over the transparency of electoral bonds, introduced via the Finance Act, 2017, have been supported by the Financial Sector Reforms and Legislation Division […]

The Draw of Consulting and Finance

The Draw of Consulting and Finance

A striking 36 percent of Harvard graduates in the Class of 2017 who entered the workforce went into the consulting or finance industries, according to survey data gathered by the Harvard Crimson. This is intriguing in light of data from the Bureau of Labor Statistics (BLS), which states that the management consulting and financial sectors […]

Pakistan issues red warrant against former finance minister Ishaq Dar; 67-year-old absconding in London

Pakistan issues red warrant against former finance minister Ishaq Dar; 67-year-old absconding in London

Islamabad: Pakistan has issued a red warrant against former finance minister Ishaq Dar, who has been declared absconder by an accountability court in a corruption case, the interior ministry told the Supreme Court. File image of Ishaq Dar. Reuters Dar, 67, is accused of accumulating assets worth an estimated Rs 831.7 million, which is disproportionate with […]

How NJ forces the poor to finance the fight on climate | Moran

How NJ forces the poor to finance the fight on climate | Moran

In Newark’s South Ward, friends and family gathered at their church Wednesday morning to say good-bye to Linda Daniels, a 68-year-old matriarch who died gasping for breath on a hot afternoon, a few hours after PSE&G cut off her electricity, causing her oxygen machine to sputter to a halt. They sang, they cried, they hugged. […]

How Islamic finance can manage rupiah stability

How Islamic finance can manage rupiah stability

PREMIUM In the last few weeks, we have witnessed an increase in foreign currency volatility in emerging markets, including Indonesia. The rupiah dropped to a new low of 14,418 against the US dollar on July 3, according to the Jakarta Interbank Spot Dollar Rate (JISDOR).  According to Bloomberg, since April 2018, there has been capital […]

1 2 3 295