Category: Finance

Kingswood, the consolidator and wealth management group, has confirmed discussions have taken place linked to a potential sale of its UK operations. The business, which has both UK and US arms, said it had hired Houlihan Lokey as its financial adviser and that discussions had taken place with regard to its strategic options, “including, but […]

Mahindra & Mahindra Financial Services, commonly known as M&M Finance, is bullish on its housing loan segment and expects to see a 200 percent rise in the next three years. Ramesh Iyer, Vice Chairman and Managing Director at M&M Finance, told CNBC-TV18 that the company expects its housing loan book to hit Rs 20,000 crore […]

Ease of doing business for MSMEs: Microfinance company Satin Creditcare Network on Monday announced the merger of its wholly owned subsidiaries – business correspondent services provider Taraashna Financial Services (TFSL) with MSME lender Satin Finserv Limited (SFL) “to capitalize on the underlying synergies and to develop capabilities that would make the combined entity stronger,” the […]

Finance Minister Choo Kyung-ho speaks during an emergency meeting of economy-related ministers at the government complex in Seoul on Monday. (Yonhap) South Korea’s efforts to combat high inflation are showing signs of progress as consumer prices marked their smallest on-year increase in February in nearly 10 months, according to Statistics Korea on Monday. The consumer […]

Every Monday, we ask small businesses key questions. Here we speak to Sean Condon, owner of Inverness fishmonger Scottish Premium Seafood. How and why did you start in business? I was very fortunate to grow up next to the river in the picturesque village of Beauly. I had an idyllic childhood messing abound in boats […]

Patricia Gomes Regional Head of Commercial Banking at HSBC MENAT. Doha: Businesses in Qatar have voted HSBC the best bank for trade finance in the country in Euromoney’s Trade Finance Survey 2023. HSBC was also voted best bank for trade finance across the Middle East. HSBC took the top honours in all eight award categories […]

Two Melbourne best friends who started a “side hustle” making unique cookie cutters and stamps have become so successful, they’ve had to quit their full-time jobs. Monique Graziano had worked as a professional cake decorator for 10 years when the pandemic hit. “My specialty is wedding cakes, but during lockdown everything got postponed so I […]

KUALA LUMPUR, March 6 — Analysts continue to see value in plantation-based group IOI Corp Bhd’s integrated business, with its downstream earnings helping to support the weaker upstream earnings during a lower crude palm oil (CPO) price environment. In a post-analysts briefing recently, RHB Research noted that IOI Corp cut its fresh fruit bunches (FFB) […]

The number of people applying for unemployment benefits in the U.S. fell for third straight week. The Labor Department reported that applications for jobless claims in the U.S. for the week ending February 25 fell to 190,000 from 192,000 the previous week. About 1.66 million people were receiving jobless aid at last report. The real […]

The finance ministry has begun daily monitoring of the revenue receipts, including tax collections, and also expenditure beginning March 1, with an aim to keep fiscal deficit in check during the current fiscal. Although the government is expected to meet the revised tax revenue estimates, meeting the Rs 50,000 crore target from disinvestment receipts could […]