• Fri, November 29, 2024

by: Bill Williamson

Govt to focus on inflation control, financial stability in FY26 budget

by: Bill Williamson

Reeves swings her wrecking ball as more jobs go, mortgages rise and inflation returns

One type of business is set to boom, as a direct consequence of wrecker Reeves. Luke Johnson, chairman of bakery chain Gail's, said insolvency specialists were "rubbing their hands" at the prospect of a bumper year of company collapses. Reeves isn't the only problem, of course.

by: Bill Williamson

FM distributes Rs 1,388 cr in loans at Darbhanga credit outreach programme

Union Finance Minister distributed five copies of the Constitution each in Maithili and Sanskrit to distinguished citizens

by: Bill Williamson

Iowa tourism revenue hits record high, but workforce and sustainability challenges persist

Iowa's tourism industry reached a milestone in 2023, with visitor spending surpassing $7.3 billion—a 5.1% increase from 2022, according to the state's economic

by: Bill Williamson

Business Lookahead: Not much calm, plenty of storm in store

From the impact of President-elect Donald Trump's pledge to impose steep tariffs on some of the United States' major trading partners to South Africa becoming the first African country to lead the G20,

by: Bill Williamson

MHA vs. MBA: How Are They Different? Comparing Salaries, Job Opportunities & More

For healthcare professionals who want to enhance their careers and prepare for leadership positions, a master's degree is often good preparation for new opportunities. That's particularly true for individuals pursuing business or administration careers.

by: Bill Williamson

PureVPN Teams Up With ZIGChain to Make Web3 Safer

Web3 is all the rage these days, promising a decentralized internet where users call the shots. But with all this innovation comes some pretty big challenges—especially when it comes to security. That's where PureVPN,

by: Bill Williamson

Opening A Post Office PPF Account Made Easy: A Step-By-Step Guide

The PPF aims to foster a habit of disciplined savings among individuals by providing a secure and rewarding investment avenue

by: Bill Williamson

Why Chinese brands like Shein and Temu will dominate Black Friday

The e-commerce giants saw sales jump in the first half of November, while shoppers spent slightly less at major US retailers.

by: Bill Williamson

UBA Group Sets Foot in France with Full Banking Services

Kindly share this postAs part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel Macron,

by: Bill Williamson

Tinubu Lauds Okonjo-Iweala's Reelection As WTO DG.Says her reappointment earned global trust

President Bola Tinubu has congratulated former Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala on her unanimous re-election on Friday as the Director-General of the World Trade Organisation (WTO).

by: Bill Williamson

Bajaj Finance RBL credit card: No new issue! What happens to existing users? Full details

RBL Bank and Bajaj Finance will no longer issue new co-branded credit cards. RBL Bank stated that this decision is in line with the Bank's plan to build a diverse range of partnerships including with NBFCs such as Mahindra & Mahindra Finance Limited,

by: Bill Williamson

Exclusive: HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.
  • Sat, November 30, 2024

by: Bill Williamson

Why the cost of your daily coffee is set to skyrocket

Adding to pricing pressures is the severe drop in Robusta coffee produced in Vietnam due to Typhoon Yagi and its damage to crop fields. Robusta and Arabica beans tend to be supplementary, meaning a decrease in the supply of one leads to an increase in price of the other.

by: Bill Williamson

Crypto Markets Have Grown, But They Still Haven't Grown Up

Bitcoin and crypto more broadly have seen a resurgence since Trump's election victory became clear, but many investors still aren't convinced the sector is sustainable.

by: Bill Williamson

Crores lost to 'digital arrest' scam: Here's how to avoid falling victim

A 90-year-old Gujarat man lost Rs 1 crore to fraudsters posing as CBI officers. Here's how you can protect yourself

by: Bill Williamson

Liberals, NDP pass bill to enact two-month GST holiday in House of Commons

The Liberals' GST holiday bill is one step closer to becoming law after it was passed by a majority of the House of Commons late Thursday night.

by: Bill Williamson

Weighted average lending rate on fresh rupee loans of SCBs stand at 9.54% in Oct-24 compared 9.37% in Sep-24

by: Bill Williamson

Is Medical Properties Trust Stock a Buy?

With a high forward dividend yield of 7.4%, Medical Properties Trust (NYSE: MPW) is of natural interest to investors seeking an income stream in their portfolios. Its business model, if executed conservatively,

by: Bill Williamson

Why stamp duty on mutual fund registration?

by: Bill Williamson

5 Must-Read Books For The High Achievers On Your Holiday Gift List

The holidays are the perfect time to invest in self-improvement. Elevate your career, finances, and overall happiness with these new books.

by: Bill Williamson

Invest in banking like Warren Buffett: Own a 'castle'

Among Berkshire Hathaway's largest holdings is a financial information-services company. The sector's results speak for themselves.

by: Bill Williamson

Five money habits to put you on the road to financial success in 2025

Another year is nearly over and January is almost here with its weeks of financial stress, unless you have new money habits.

by: Bill Williamson

Trump's tariffs could push up the price of your favorite beer (and tequila)

If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all items from Canada and Mexico, the result would be a stiff penalty on some of America's favorite libations, not to mention the No. 1 beer brand in the nation: Modelo.

by: Bill Williamson

The Most-Searched Credit Cards of 2024

by: Bill Williamson

Top 10 Business Schools in the USA 2024 | Management Universities

Discover the top 10 management colleges in the USA for 2024, featuring institutions like Stanford, Harvard, and Wharton for the best MBA programs.

by: Bill Williamson

Investing With Friends and Family: 4 Dos and 3 Don'ts

If you're like most people, you have a few regrets when it comes to money. 80% of Americans say they have financial regrets in some form or another, according to a survey conducted by Quicken.

by: Bill Williamson

CBDT extends income tax return filing deadline for FY24 to Dec 15

Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year 2023-24.

by: Bill Williamson

A boomer moved to Panama so her retirement would be more affordable. Now she's struggling to find a job and her dream is slipping away.

A boomer moved to Panama from California to save money. She said she's struggling to find work and relying on side hustles to pay the bills.

by: Bill Williamson

December horoscope 2024: Know about career, health & relationship for your zodiac sign

December Horoscope 2024: December is a special month overall. It is a month of festivities - Christmas, New Year's Eve, and Winter Solstice makes it meaningful, joyful, and reflective. It is a good month for meditation and manifestation as well. Let's dive deep and see the December 2024 horoscope for all the zodiac signs.

by: Bill Williamson

Universal healthcare - lessons from the past

My husband and I have begun to do our research to determine where we would like to retire. Bermuda is definitely high on the list, but there are several factors that are not ideal for retirees, one

by: Bill Williamson

'Not exactly a political powerhouse': Conservatives left scratching their heads at Trump's labor pick

by: Bill Williamson

Tax Software vs a Tax Professional: Which Should You Choose?

How complex are your taxes? Here's how you can decide whether you can go the easy route or need the help of a pro.

by: Bill Williamson

Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city

by: Bill Williamson

India Inc thrilled over FinMin's proposal to hike FDI limit in insurance sector to 100%

by: Bill Williamson

French finance minister says budget can still be improved

French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions.

by: Bill Williamson

Unlocking Africa's Economic Potential: Sean Michael Brehm On The Role Of Decentralized Edge And Quantum Computing

Africa, rich in natural resources yet hindered by infrastructure challenges, is poised for a technological revolution that could transform its role in the global economy. With the global commodities market set to grow significantly in the coming years,

by: Bill Williamson

TVS Holdings receives RBI approval for acquisition and change in management of Home Credit India Finance

by: Bill Williamson

FM Sitharaman urges regional rural banks to onboard customers to digital services like mobile banking by Dec 2024

by: Bill Williamson

JSW MG surges in sales: Is this the disruption electric car market needs?

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

by: Bill Williamson

Real estate query: Leasehold vs Freehold Property - What's the difference and which is more beneficial?

A leasehold property is essentially a property that a lessee or tenant agrees to rent from a lessor for a predetermined period, while in freehold property, the owner has absolute and permanent ownership of both the land and the building.

by: Bill Williamson

Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market

The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.

by: Bill Williamson

Cyprus Business Now: tourism performance, government surplus, SME funding

Tourism revenue in Cyprus reached €454.1 million in September 2024, according to the statistical service's passenger survey. This marks a 6 per cent increase compared to September 2023, when tourism revenue stood at €428.

by: Bill Williamson

Tax Query: Long and short of residential capital gains tax

by: Bill Williamson

Meet 9 influential Africans - Report

Africa is home to some of the brightest minds who have not only excelled in their respective fields but have also made

by: Bill Williamson

Lombard Odier indicted in Switzerland for money laundering

Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm's former employees for "aggravated money laundering", in a rare charge of such magnitude against one of Switzerland's biggest and oldest wealth managers.

by: Bill Williamson

Help! I have a job and side hustle making Sh82,000 per month, yet I live hand-to-mouth

In the meantime, focus on expanding your business for higher returns ... Invest in improving your skillset and learn more about personal finance to manage your money effectively. Got money questions?Send us an email at [email protected] and leave ...

by: Bill Williamson

18 Indian billionaires who built their wealth in Africa

Here are 18 Indian billionaires who turned Africa into their land of opportunity: Naushad Merali, Sunil Vaswani, Narendra Raval

Exclusive: HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.
HSBC is scaling back its credit card business in China due to challenges in expanding its market share, according to sources familiar with the matter. The bank has been unable to significantly grow its credit card customer base in the country, leading to a strategic retreat from this segment. This decision comes amidst a broader context of foreign banks facing difficulties in penetrating the Chinese market, which is dominated by local financial institutions. HSBC's move reflects a reassessment of its business priorities in China, focusing on areas where it can achieve more sustainable growth.

Read the Full Reuters Article at https://www.reuters.com/business/finance/hsbc-pulling-back-china-credit-card-business-after-struggling-expand-sources-say-2024-11-29/