Microcredit banks in Kenya are attracting foreign online finance intermediaries looking to gain a foothold in the East African state’s vibrant fintech ecosystem. This follows Africa’s growing shift from traditional banking to a digital model, due to the pandemic-induced adoption of paperless transactions. UMBA Inc, a US-based digital bank thatRead More →

Property investors are now being “cautious and careful” about deploying capital in the face of growing economic uncertainty around the world, said CapitaLand Investment, Singapore’s leading property investment manager. Its half-year financial results revealed on Thursday that CapitaLand Investment’s profit fell 38% to 433 million Singapore dollars ($316 million) forRead More →

ATLANTA — New investment in Georgia topped $21.2 billion in the past fiscal year, with 358 projects creating 51,132 jobs, Gov. Brian Kemp announced Wednesday. The investment and employment numbers topped previous state records of 94% and 53%, respectively. “We are proud that businesses continue to recognize the benefits ofRead More →

CNIB Investments LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing onlyRead More →

Over the past few months, venture capital (VC) investing around the world has seen choppy markets, falling valuations and big disappointments. Several tech giants are laying off workers and freezing hiring, CEOs are scrambling to keep their companies afloat by changing operating models and marketing strategies, and the general feelingRead More →

Geralt/Pixabay Investors must revise their portfolios as soon as possible after the Bank of England signaled a long and deep recession on the horizon, said the CEO of one of the world’s largest independent financial advisory organisations. The warning from deVere Group’s Nigel Green comes as the central bank’s monetaryRead More →

NEW YORK, August 1, 2022 /PRNewswire/ — First Eagle Investments (“First Eagle”) announced today that it has completed the previously announced acquisition of leading alternative credit manager Napier Park Global Capital (“Napier Park”). From June 30, 2022Napier Park managed approx. $19.5 billion through credit funds, US and European secured loanRead More →

In light of Egypt’s presidency of the United Nations Climate Change Conference of the Parties (COP27) to be held in Sharm el-Sheikh in November, the COP27 presidency has announced the launch of an unprecedented initiative to strengthen investments in different sectors of climate action. The initiative will bring together climateRead More →

Land scarcity, depleted natural gas reserves and inadequate electricity distribution remain major impediments to investment, according to the US State Department report. TBS Report July 31, 2022, 09:30 Last modification: July 31, 2022, 09:45 Representative image. Illustration: Pixabay “> Representative image. Illustration: Pixabay Corruption is a major impediment to foreignRead More →

Overseas staff SAN RAMON, Calif. – Chevron Corp. reported a profit of $11.6 billion for the second quarter of 2022, compared to $3.1 billion in the second quarter of 2021. The current quarter included charges associated with early contract termination of $600 million, pension settlement costs of $11 million andRead More →

Overview of the Vinci Partners & SPS Capital transaction July 29, 2022 Disclaimer This presentation contains forward-looking statements which can be identified by the use of words such as “anticipate”, “believe”, “could”, “expect”, “should”, “plan”, “intend”. of”, “estimate” and “potential”, among others.Read More →

A new study by Schroders has identified an increase in performance concerns about sustainable investing among Australian institutional investors. Around 64% of Australian investors surveyed cited performance issues as a challenge, up from 49% a year earlier and above the level of concern seen globally (53%). Other top challenges forRead More →

Real estate private equity investment recorded a 28% increase in the first quarter of FY23 compared to the first quarter of FY22, according to ANAROCK Capital’s latest FLUX report. Improving market sentiments, widespread vaccination coverage and the lifting of lockdown restrictions have helped this recovery. Commenting on the same, ShobhitRead More →

Allspring Global Investments Holdings, LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope,Read More →

Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved leveraged single-stock ETFs this month. The funds seek to increase short-term investment exposure to single stocks. “They’re designed for active traders, traders looking to make day-to-day tactical trading decisions,”Read More →

A roll is already underway in India’s nascent but growing electric scooter market. Not only is the segment seeing healthy 10% month-over-month growth—in June, the eight players currently in the field together sold 38,693 units, compared to 35,212 units sold in May—the pecking order -even is in a state ofRead More →

The state of Idaho officially closed fiscal year 2022 with a record $1.38 billion surplus, Gov. Brad Little and Idaho Financial Management Division officials said Friday. “Idaho’s economy is burning hot because of the resilience of our citizens and businesses,” Little said in a press release issued Friday. The governorRead More →

By: Rick HaglundSource: Michigan News Special Khalilah Burt Gaston Khalilah Burt Gaston Khalilah Burt Gaston wasn’t looking to leave her boutique consulting firm, Glidepath Strategies, when Dug and Linh Song approached her to lead their fledgling philanthropy, the Song Foundation. They spoke for five months about the position and howRead More →

Dupont Capital Management Corp reduced its position in Retail Opportunity Investments Corp. (NASDAQ: ROIC – Get Rating) by 8.1% in the first quarter, according to the company in its latest communication with the Securities and Exchange Commission (SEC). The institutional investor held 10,007 shares of the REIT after selling 885Read More →

MANILA, Philippines — The Asian Development Bank (ADB) and Singapore have signed an agreement to promote investment and innovation in the Asia-Pacific region. AfDB President Masatsugu Asakawa signed a Memorandum of Understanding with Singapore’s Deputy Prime Minister and Finance Minister Lawrence Wong to work together to mobilize investment, financing, managementRead More →

Redwood Investments, LLC recently filed its 13F report for the second quarter of 2022, which ended on 2022-06-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing onlyRead More →

At a time when desperate employers are offering signing bonuses even for seemingly menial entry-level jobs, many young people are still unable to find work. Their main obstacle? Lack of driver’s license. With school-based driver training programs dwindling, young people are being denied many job opportunities in construction, parks maintenanceRead More →

Job shifts in solar, storage, cleantech, utilities and energy transition financing. July 13, 2022 Tim Sylvia Leeward Renewable Energy announced that Greg Hazelton was named its new chief financial officer. Hazelton has joined LRE’s management team and will lead LRE’s financial operations, which include finance, accounting, financial reporting, treasury andRead More →

On Friday July 8, Jurrien Timmer, Head of Global Macro at Fidelity Investments, shared his thoughts on Bitcoin and Ethereum valuations. In March 2021, Timmer published a 12-page Bitcoin research paper (title: “Understanding Bitcoin: Does Bitcoin Belong in Asset Allocation Considerations?”). Timmer began by saying that he wanted his articleRead More →

North America, March 2022,– – The Financial Asset Brokerage Services market research report includes an in-depth study of the major Global Financial Asset Brokerage Services Market leading players as well as the company profiles and planning adopted by them. This helps the Financial Asset Brokerage Services report buyer to getRead More →

ST. JOHN’S, NL, July 7, 2022 /CNW/ – Today, the Honorable Seamus O’Regan Jr., Minister of Labor and Member of Parliament for St. John’s South—Mount Pearl, on behalf of the Honorable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities; the Honorable Andrew Furey, Premier of Newfoundland and Labrador; theRead More →

Three Surrey Borough Councils and two Unitary have been approached directly by the Department of Housing, Communities and Local Government about their excessive levels of debt. LGC has learned that Woking, Runnymede and Spelthorne BC as well as Thurrock and Warrington, all of which have relatively high borrowing levels, haveRead More →

Mutual fund redemption means withdrawal of the investment by the investor. Redemption is usually made when the investor needs funds, or when the investment objective is met, or when the review of the financial plan requires a change in allocation, or when the program is not in able to deliverRead More →

TORONTO, June 24, 2022 /CNW/ – IA Clarington Investments Inc. (“iA Clarington“) today announced the June 2022 distributions for its Active ETF Series. Unitholders registered in July 4, 2022 will receive cash distributions payable on July 12, 2022. The distributions per unit are detailed below: Active ETF Series Teleprinter DistributionRead More →

Financial services giant Citibank is creating a crypto custody service, saying a massive digitization of traditional investments is already underway. According to a new press release, Citi has selected Swiss crypto custody firm METACO as a partner to develop digital asset custody capabilities. “This collaboration combines METACO’s technology and digitalRead More →

Many mutual funds have started accepting new inflows into their foreign funds, after suspending them for nearly five months. In February 2020, asset management companies (AMCs) investing in foreign securities were advised to halt underwriting to avoid exceeding industry-wide limits of $7 billion at the foreign. Market regulator Sebi hasRead More →