Monthly Archives: October 2021

LIC reduced holdings in second quarter as market hit record

MUMBAI : Life Insurance Corp. of India (LIC), the country’s largest institutional investor, steadily reduced its exposure to equities during the quarter ended September 30 even as benchmarks gained 13% over the period, reaching record levels. LIC’s stake in 281 NSE-listed companies, in which it owns more than 1% of …

Read More »

2 growth stocks to buy now

In March 1957, the S&P Composite became the S&P 500 as we know it today, an index comprising 500 of the largest US companies, designed to be an indicator for the economy at large. Since its inception, the S&P 500 has generated an annualized return of around 7.4%, a rate …

Read More »

Ukrainian drug gang offers to sell Rohypnol in Brighton

A UKRAINIAN gang is trafficking date-rape drugs in the country, claiming to be “very good for sex”. Drug traffickers promise “secure” delivery of Rohypnol from Eastern Europe to anywhere in the UK in just three days. Argus found an “online pharmacy” brazenly selling the Class C drug, which is illegal …

Read More »

Will Air Travel Demand Drive Boeing Stocks Up?

The Boeing logo can be seen on its booth at the 70th Annual International Astronautical Congress … [+] at the Walter E. Washington Convention Center in Washington, DC on October 22, 2019. – Rating agency S&P downgraded Boeing’s outlook on Tuesday, citing concerns that the aerospace giant may have misled …

Read More »

Know before subscribing

Fino payment bank ??The 1,200 crore initial public offering (IPO) will be open for subscription on Friday and the three-day share sale will close on November 2. The company has set a price range of ??560-577 per share. Ahead of its IPO, Fino Payments said on Thursday it had collected …

Read More »

Pleasure in non-fungible | The Economist

October 30, 2021 IF NOTHING ELSE, our auction of a TVN was entertaining and lucrative. From Monday, October 25 The Economist tender for a non-fungible token of an image from our recent decentralized finance coverage. TVNs are a digital deed of ownership that lives on a blockchain and can be …

Read More »

Court suspends review of PrivatBank cassation to end NFP’s loan obligations pending examination of a similar case by the Grand Chamber

The Supreme Court suspended the examination of the cassation appeal of PrivatBank (Kiev) against the decisions of the lower courts recognizing as terminated the obligations of Nikopol Ferroalloy Plant JSC (NFP, Dnipropetrovsk region) under one of the loan agreements in front of the bank pending the examination of a similar …

Read More »

Bank of China International launches Horizon

Horizon Software, a leading provider of electronic trading solutions and algorithmic technology, today announces that Bank of China International (BOCI) has chosen to launch Horizon Software’s structured products RFQ solution to maximize the efficiency and provide the best automated solutions to their customers. The objective of this project is to …

Read More »

Sweetgreen (SG) stock to trade on NYSE after IPO

Sweetgreen has filed for public listing on the New York Stock Exchange. In the company’s IPO flyer, the lively salad chain reported a strong rebound after closures from the COVID-19 pandemic. Sales were battered in 2020, but grew 21% in the first nine months of 2021. Its net losses have …

Read More »

State Street Corp. appoints new chief risk officer

By Al Barbarino (October 25, 2021, 6:39 p.m. EDT) – State Street Corporation announced Monday it has appointed the former chief risk officer of Citigroup and current member of an advisory group to the Federal Reserve Bank of New York to fill his high-risk position starting in the new year. …

Read More »

Marie de Minsk – Atlantic Council

One could forgive to think that Maria Kalesnikava and Tatsiana Khomich are not sisters. Aside from the height of their voices and the same warm eyes, the two siblings are nothing alike and couldn’t be more different. However, since Maria’s imprisonment as part of a brutal government crackdown in Belarus, …

Read More »

Can we make a loan without a credit check?

Can we make a loan without a credit check? As a lender finding service, Pocket Money does not perform a credit check. Nonetheless, when we see you the right lender, they might perform a credit check included in their assessment process. Doesn’t your credit history look great? Don’t stress! We …

Read More »

Facebook sues Ukrainian who stole data from 178 million users

Facebook has filed a complaint against a Ukrainian citizen for allegedly stealing and selling the personal data of more than 178 million social media users on a hacker resource. According to court documents, the offender is Alexander Alexandrovich Solontchenko, a resident of Kirovograd, Ukraine. According to Facebook, Solontchenko used the …

Read More »

Basic banking systems: the market in massive expansion by 2021-2026 Profile of the main players

Qurate’s most recent research study on Core Banking Systems Market 2021 was carried out by extremely experienced research professionals and business experts to provide an in-depth assessment on basic banking systems. The main sources of information are several professionals in the basic banking systems industry, suppliers, manufacturers, associations as well …

Read More »

Merged Bank Appoints Ivan Frishberg Chief Sustainability Officer

Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. NEW YORK, Oct. 22, 2021 (GLOBE NEWSWIRE) – Amalgamated Bank (“Amalgamated”), a wholly owned subsidiary of Amalgamated Financial (the “Company”) (Nasdaq: AMAL) announced today that Ivan Frishberg has been appointed Senior Vice President …

Read More »

S&P 500 soars higher to record

The S&P 500 hit a new closing high, as investors analyzed another batch of earnings reports and new labor market data. The broad index hovered near the flat line for much of the day, but traded up 0.3% to 4,549.78 by 4 p.m. ET, its seventh consecutive rise. The technology-focused …

Read More »

Assistant Secretary of the US Treasury said Taliban would not have access to Afghan central bank reserves, which are mostly in the United States

The US Treasury firmly maintains its freeze on Afghan central bank reserves, according to Reuters. Since August, the Taliban have attempted to gain access to nearly $ 9.5 billion in assets located abroad. US Assistant Secretary of the Treasury Wally Adeyemo said sanctions and humanitarian aid will continue. Wally Adeyemo, …

Read More »

Is Wix Stock a Good Long-Term Investment?

Wix.com (NASDAQ: WIX), known for giving individuals and small businesses the ability to build websites without technical expertise, saw its stock take a hit after the release of second quarter results on August 10. After hovering around $ 300 per share in the weeks leading up to results, the share …

Read More »

Muthoot Finance and fintech startup Rupifi to help 15 million small and medium-sized businesses get instant credit

Access to credit has been one of the biggest challenges for MSMEs in the country, as banks have been cautious in providing loans to MSMEs considered risky. Credit and financing for MSMEs: Business-to-business digital payments startup for small and medium-sized enterprises (SMEs) Rupifi on Tuesday announced a partnership with non-bank …

Read More »

Don’t rely on central banks to fight climate change

At the end of August, five members of the United States House of Representatives issued a declaration urging President Joe Biden not to re-elect Jerome Powell, Chairman of the Federal Reserve, when his term expires in February 2022. The group, which included Alexandria Ocasio-Cortez (Democrat of New York), cited two …

Read More »

Should the weakness in Savola Group Company shares (TADAWUL: 2050) be taken as a sign that the market will correct the share price given decent financial data?

The Savola group (TADAWUL: 2050) had a difficult three-month period with a drop in its share price of 8.4%. However, stock prices are usually determined by a company’s long-term financial data, which in this case looks pretty respectable. In this article, we have decided to focus on the ROE of …

Read More »

Job losses on Wall Street and declining tax revenues

New York banks and investment firms are doing very well. New York’s economy, not so much. Usually the two travel in tandem. This bizarre ‘decoupling’ is yet another ominous sign for Gotham’s future and yet another headache for the incoming mayor. Last week, the city’s biggest banks released their earnings …

Read More »

Buying this growth stock now is a no-brainer

Share price of Applied materials (NASDAQ: AMAT) have fallen nearly 8% since the stock’s rating was downgraded from buy to neutral by research firm New Street Research in late September. As New Street reaffirmed its target of a $ 140 share price, it cited the lack of short-term catalysts as …

Read More »

Continuing on Ukraine’s path to a green energy future

Speech by the President of the European Parliament at the opening of the Covenant of Mayors. Ladies and gentlemen, “The European Parliament, home of European democracy, has been hosting the Covenant of Mayors for Climate and Energy ceremony for more than ten years, welcoming mayors and local leaders to Brussels. …

Read More »

Federal student loan repayments to resume soon

item As students across the country graduate with massive debt, advocates display a hand-painted sign on the ellipse outside the White House calling on President Joe Biden to sign an executive order to cancel student debt on the 1st. June. San Francisco – During the pandemic, when a record number …

Read More »

Stock Futures Rise Before Big Bank Profits

U.S. equity futures rose ahead of a wave of profits, including from the big banks, which investors will use to assess how companies are positioned to deal with risks, including inflation and rising market prices. energy. S&P 500-linked futures gained 0.6% on Thursday, putting the broad market index on track …

Read More »

TechLend offers one-hour bridging loan pre-approval

TechLend, a specialist in non-bank bridging loans, is reducing its pre-approval times, allowing buyers to “bid with certainty”. Specialist lender TechLend now offers homebuyers pre-approved one-hour bridging loans. The non-bank lender uses its proprietary technology, which leverages real estate data and values ​​to deliver bridging loans quickly, to deliver conditional …

Read More »

SUPER MICRO COMPUTER, INC. : entering into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant, financial statements and exhibits (Form 8-K)

Item 1.01 Conclusion of a Material Definitive Agreement At October 5, 2021 (the “Effective Date”), Super Micro Computer Inc., Taiwan (the “Subsidiary”), a Taiwan company and wholly owned subsidiary of Super Micro Computer, Inc. (the “Company”), has entered into a credit facility (the “Credit Facility”) with Chang Hwa Commercial Bank, …

Read More »

5 factors to consider when choosing the right personal loan

Fullerton India instant personal loan application for salaried borrowers i.e. Fullerton India InstaLoan is the perfect example. In recent years, taking credit has been made easier for people due to its digital presence. Loan applications have especially gained in popularity. Fullerton India instant personal loan application for salaried borrowers i.e. …

Read More »

Overview of second quarter results for the Indian banking sector

BQ Blue’s special research section brings together in-depth and quality research reports on stocks and the economy from top Indian brokers, asset managers and research agencies. These reports provide BloombergQuint subscribers with the opportunity to deepen their understanding of businesses, industries and the economy. Systematix research report In the second …

Read More »

Banks target liquidity from informal savings clubs

By Emma Rumney / Reuters, JOHANNESBURG Thandi Mkhabela’s money slipped through his fingers. Today, the 34-year-old mother of four is earning interest on her monthly savings, has paid off debts and plans to expand her home in a township just outside Johannesburg, never having to deal with a bank. The …

Read More »

Ace investor sells his stake in this small cap stock

Vijay Kedia wallet: For stock market investors, October is not just a month of corporate results; it is also the month of the overhaul of the portfolio of ace investors. This month, the listed company’s stock ownership model went public on Indian stock exchanges, letting investors know in which direction …

Read More »

US Jobs Report Sees “Another Big Miss”

The numbers “are below expectations,” said John Leiper, chief investment officer at Titan Asset Management, as “consensus forecasts” were around 500,000 jobs. The report was compiled in mid-September, at the height of the Delta variant’s spread, and came after pandemic unemployment benefits for eight million people expired. Tapered deposit? The …

Read More »

Ukrainian president sends crypto bill back to parliament for review

Ukrainian President Volodymyr Zelensky has sent a cryptocurrency bill back to parliament for further amendments. The changes aim to give the country’s securities regulator more control over cryptocurrencies. Ukraine’s president has rejected a cryptocurrency bill that would have recognized cryptocurrencies by law, sending it back to the country’s parliament for …

Read More »

Biden administration announces overhaul of student loan cancellation program, which will impact more than 500,000 borrowers

item The Biden administration is giving $ 1.74 billion in student loan forgiveness to public servants through an overhaul of its public service loan forgiveness program. (iStock) The Biden administration announcement Wednesday a redesign of Public Service Loan forgiveness program (PSLF) it could affect about half a million student loan …

Read More »

Bitcoin Raises George Soros’ Approval To $ 55,000

The price of Bitcoin jumped nearly 10% on Wednesday (October 6) to nearly $ 55,000 per coin after reports surfaced of billionaire George Soros’ investment firm Soros Fund Management buying some of the crypto – the world’s most valuable currencies, according to a CNN report. “I’m not sure bitcoin is …

Read More »

Koho deploys Instant Pay, overdraft protection

FinTech startup Koho has extended its services and now offers Instant Pay, as well as overdraft protection. The company describes Instant Pay as a free payroll benefit that gives employees on-demand access to their payroll. Instead of waiting for their paycheck every two weeks, employees can now cash out up …

Read More »

Invest in BP stock for capital gains

Ineos oil refinery in Grangemouth in Scotland, UK The site is responsible for huge CO2 emissions … [+] emissions. (Photo by Ashley Cooper / Construction Photography / Avalon / Getty Images) Getty Images Rising oil prices have been a boon for the entire industry, including BP (NYSE: BP), which is …

Read More »

Kissht: Enabling Instant Digital Loans to Low Income Groups

Krishnan Vishwanathan The cardless credit product is the next wave of lending likely to drive the adoption and democratization of fintech in India. Leveraging this, Mumbai-based consumer-focused digital lending platform Kissht serves low-income groups, who do not have access to credit, or who are new to credit. It offers a …

Read More »

Banks offering loans to farmers and farms

In Bangladesh, agriculture is the largest employment sector, constituting 14.2% of the country’s GDP in 2017 and employing around 42.7% of the workforce. The government has always provided special subsidies in the sector. In addition, easy loans for farmers are offered by different government and private banks. Specialized schemes make …

Read More »

Week ahead: central banks face the dilemma of inflation

A difficult period for the markets The markets are starting to get nervous, which will make the final months of the year very interesting. The list of downside risks to the economy and the markets keeps growing, something that investors are relatively comfortable with, but something seems to be pushing …

Read More »

3 stocks that don’t need Apple to win

One of Apple‘s (NASDAQ: AAPL) the main advantages are iOS, its closed source operating system. This proprietary software gives the business great control over its hardware ecosystem, including the ability to determine which apps can be installed on its devices. And because these apps (and in-app purchases) can only be …

Read More »

Ukraine and Europe learn from Ghana’s expertise in cybersecurity awareness – Antwi-Boasiako

play the videoDr Albert Antwi-Boasiako is National Cyber ​​Security Advisor • Ghana adopted a cybersecurity model in 2017 • Ghana has become the hub of cyber capacity building in West Africa • Ukraine and other European countries learned from Ghana’s expertise A national cybersecurity adviser, Dr Albert Antwi-Boasiako, explained that …

Read More »