Senior Finance Officials' Meeting a success

Senior Finance Officials' Meeting a success

The two-day meeting, which commenced on Thursday June 7, discussed the policy priority on promoting inclusive growth through structural reform. A lot of discussions were focused on advancing infrastructure development financing, inclusive growth and tax incorporation. On the first day, the Senior Finance Officials talked about global and regional economic and financial outlook, including key […]

In eye of storm, North Koreans sees scant news of Kim's trip

In eye of storm, North Koreans sees scant news of Kim's trip

PYONGYANG, North Korea (AP) — With all the attention focused on Singapore and the summit between President Donald Trump and North Korean leader Kim Jong Un, Pyongyang must be buzzing with excitement, right? Well, maybe, if anyone here knew it was happening. Instead, North Korea’s capital was like the calm in the center of a […]

AYE Finance lands Rs 147 crore from CapitalG and others

AYE Finance lands Rs 147 crore from CapitalG and others

NEW DELHI: CapitalG, the growth-stage investment arm of Google’s parent company Alphabet, has led a Rs 147 crore funding round in non-banking financial company (NBFC) AYE Finance, in the process marking its first bet in the Indian financial services sector. The Series-C round of funding, which had Unitus Capital as the financial advisor to the […]

'Unpopular' finance minister? So be it, says Malaysia's Lim Guan Eng

'Unpopular' finance minister? So be it, says Malaysia's Lim Guan Eng

PUTRAJAYA: Lim Guan Eng said it was absolutely fine to go down in history as the most “unpopular” Malaysian finance minister, “as this process of cutting down, cleaning up and turning around the nation is for our children.” In an exclusive interview with the Bernama news agency published on Monday (Jun 11), the former Member of […]

Family Finance: Why Dave has to stagger some goals for now

Family Finance: Why Dave has to stagger some goals for now

Hardik Dave stays in Bharuch, Gujarat, with his homemaker wife and three-year-old child. He brings in a monthly salary of Rs 86,500 and stays in rented accommodation. After considering household expenses of Rs 38,700, child’s education expense of Rs 3,500, contribution of Rs 5,000 to parents, insurance premium of Rs 4,717, car loan EMI of […]

South Dakota Demands Gay Fathers Finance Adoption Prejudice

South Dakota Demands Gay Fathers Finance Adoption Prejudice

Billy Mawhiney and his husband, Kyle Margheim, have been together for 11 years. They got married six years ago in Iowa, just a year before the Supreme Court mandated that all states recognize gay marriage. In 2013, Billy and Kyle, who live in South Dakota decided to adopt a child. They applied through the state […]

Systemic risks feared as Amazon cloud eats finance

Systemic risks feared as Amazon cloud eats finance

Technology experts have raised fresh concerns about the financial sector’s over-reliance on Amazon after it emerged several large asset managers have started using the e-commerce giant’s cloud platform. Financial News has learnt that the US technology company, which already counts a slew of banks, regulators and fintech firms among its customer base, also works with […]

German Finance Minister suggests EU-wide jobless insurance scheme

German Finance Minister suggests EU-wide jobless insurance scheme

Mon, Jun 11, 2018 – 5:50 AM Berlin GERMANY has suggested the creation of a Europe-wide unemployment insurance system to make the eurozone more resilient to future economic shocks, Finance Minister Olaf Scholz said in an interview published on Saturday. The proposal, outlined in an interview with Der Spiegel magazine, is part of Germany’s efforts […]

Buckle Up for the Impending AT&T-Time Warner Merger Decision

Buckle Up for the Impending AT&T-Time Warner Merger Decision

For better or worse, the saga of the intended merger of AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX) is about to end … probably. Although the outcome of the court case in question could be appealed by whichever side loses, the process of getting to AT&T-Time Warner merger ruling due on (or around) Tuesday, […]