Wed, December 18, 2024

by: WTOP News

Iran's rial hits a record low, battered by regional tensions and an energy crisis

TEHRAN, Iran (AP) — The Iranian rial on Wednesday fell its lowest level in history, losing more than 10% of its value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the ...

by: FTAdviser

How a Court of Appeal ruling affects motor finance agreements

The recent landmark court judgment on motor finance represents a potentially seismic shift in the regulatory and legal landscape of the intermediary lending industry - for investors and lenders alike.

by: Post and Courier

Here's who made The Post and Courier's 2024 Power List for Columbia

The Power List features 30 movers and shakers who made headlines in 2024. Nominees include politicians, leaders in higher education.

by: The New York Times

The Once Booming Drug Town Going Bust Under Taliban Rule

Funding its war against the United States, the Taliban reaped millions from boom towns trading opium, heroin and meth. Victorious, the group crushed the trade, leaving ghost towns in its wake.

by: USA Today

Listen up, businesses! Time's running out to claim your share of a $5.5B settlement

Feb. 4 is the last day businesses and nonprofits can file a claim in a $5.5 billion Mastercard-Visa settlement. Even shuttered businesses are eligible

by: Raconteur

2025 macroeconomic trends: Trade wars, tax hikes and the road to economic recovery

This was a year full of elections and with that comes a new market environment, including potential increased tariffs and tax hikes

by: ThePrint

Pramerica Life Partners with Policybazaar to Strengthen it's ULIP Portfolio, Launching NextGen Pension Plan and Smart Invest 1UP

Pramerica Life Insurance, one of India's fastest-growing life insurance providers, has joined hands with Policybazaar to accelerate its focus on Unit-Linked Insurance Plans (ULIPs). Building on ULIPs as a critical driver of its product strategy,

by: Business Today

Jury Meet: 29th Edition Of BT Best Banks Awards 2023-24| India's Banking Future

The jury for the 29th edition of the BT Best Banks Awards 2023-24 convened to assess India's banking and NBFC sectors. The esteemed panel featured Jayant Sinha, Former Chair, Standing Committee on Finance and MoS Finance;

by: Business Standard

Global Subject Experts Deliberate on 'Information and Competition in the Digital Economy' at the ISB-NBER 2024 Conference

The third annual ISB-NBER conference on Economic Policy and the Indian Economy was recently hosted at the Hyderabad campus of the Indian School of Business (ISB). National and international subject experts and thought leaders converged at ISB to discuss and deliberate on the opportune theme 'Information and Competition in the Digital Economy.

by: Business Times

Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors

CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the lending of retail clients' global equity holdings together using Citi's platform. Read more at The Business Times.

by: moneycontrol.com

Shriram Finance seeks record $1.25 billion offshore loan split across currencies

The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after the nation's central bank tightened rules in November 2023 that made it increasingly difficult for the sector to obtain local currency bank loans.

by: Reuters

Experts on Honda and Nissan's talks to deepen ties

Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

by: Firstpost

Rewind 2024: How 2024 was a banner year for IPOs on India's stock market

From Swiggy to Hyundai Motors and NTPC Green, India's stock market has seen a number of blockbuster IPOs in 2024. Companies have cumulatively raised over Rs 1 trillion via IPOs with small and medium enterprises also getting in on the act.

by: MSN

2024 the 'year of the bond' as record inflows top $600 billion

By Harry Robertson LONDON (Reuters) -Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.

by: QSR magazine

How Burger King and Other Top Brands Are Preparing for 2025

"Shift is great because it is an employee retention and sales-building platform," says David Moorhead, director of marketing and finance at Ander Management ... creating a positive ripple effect throughout the business. "The affordability of ...

by: The Financial Times

Lars Windhorst and H2O: scandal, spies and the superyacht | FT Film

This is the story of Lars Windhorst, a racy financier with nine lives. Once a wunderkind of German business, dubbed the German Bill Gates, Windhorst survived a plane crash and has lost then rebuilt his fortune several times over.

by: The Financial Express

Controversial advertising: When brands cross the line in shock-and-awe campaigns

Just weeks earlier, Zomato CEO Deepinder Goyal stirred controversy with a job ad for Chief of Staff, unapologetically advertising that the role required candidates to pay a `20 lakh "fee" and work for free for the first year.
Tue, December 17, 2024

by: moneycontrol.com

Why Aadhar Housing Finance is a sound long-term bet

The affordable housing finance (AHF) sector is in a sweet spot, given the high demand for small-ticket home loan (HL), low penetration, and government support. We feel that Aadhar Housing Finance (Aadhar; CMP: Rs 438; M Cap: Rs 18,872 crore; Overweight) is well poised to leverage sectoral tailwinds.

by: World Socialist Web Site

Canada's Liberal government implodes

Justin Trudeau's prime ministership and his Liberal government hang by a thread after his Finance Minister and Deputy Prime Minister, Chrystia Freeland, resigned from the cabinet Monday morning in a manner calculated to inflict maximum political damage.

by: Seeking Alpha

MoneyLion Has An Unusual M&A Deal For You

MoneyLion's acquisition by Gen Digital for $1 billion offers a potential high-reward investment opportunity with strong revenue growth. See more on ML stock here.

by: India TV

PM Kisan Yojana: 19th installment date, eligibility, registration process and e-KYC details

Image Source : PTI/FILE PHOTO Farmers load freshly harvested sugarcane into a tractor trolley. The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan), jointly launched by the Government of India and the Ministry of Agriculture and Farmers Welfare ...

by: Mint

Enel India deal on the final stretch

Three investors have made a binding bid for Enel Group's renewable energy business in India, potentially valuing the wind and solar assets at over $500 million.

by: Finance & Commerce

Chaska advances Beckman Coulter expansion plans

Beckman Coulter, a provider of life diagnostics systems for the health care industry, wants to grow its already strong presence in the southwest metro area with a $50 million building expansion in Chaska,

by: inc42

Aye Finance Files DRHP For INR 1,450 Cr IPO

The IPO will include a fresh issue of equity shares worth INR 885 Cr and an offer-for-sale (OFS) amounting to INR 565 Cr

by: MSNBC

Meet Forbes Media's first female CEO in the company's 107-year history

Sherry Phillips is breaking barriers and making history. This month, Forbes Media announced that Phillips, the company's chief revenue officer, will be promoted to chief executive officer, becoming the first female CEO in Forbes' 107-year history.

by: MarketWatch

How do the rich give away their money? With a smart strategy.

Some wealthy individuals are moving hundreds of thousands of dollars out of their estates, either all at once or over time

by: Investopedia

Millennials vs. Gen Z: Who's Winning the Savings Game?

Both Millennials and Gen Zers are saving money, despite high costs of living and student loan debt. But, both generations have trouble saying no to impulse purchases. Here's how they compare.

by: Think Advisor

Draft Bill Attacks Wealthy Families' Private Placement Life Policies

With the Protecting Proper Life Insurance From Abuse Act, Senate Finance Committee Chairman Ron Wyden has proposed classifying private placement life insurance arrangements as ordinary investment funds.

by: cnbctv18

Top Stories | Sensex, Nifty at 2-week low, Trudeau's troubles, One Nation, One Election, and more

TV18's daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 PM.

by: Kiplinger

On the Naughty List: Holiday Tax Scams to Look Out For

The IRS says scammers are on the prowl for your financial information. Know the signs so you don't fall victim.

by: The New Zealand Herald

Inflation, OCR, and closures: a look at New Zealand's economy in 2024 - The Front Page

The economy has been uncertain for quite some time, and 2024 was no different. Over the last year, we've seen some improvement. In October, the annual rate for inflation had fallen from 3.3% to 2.2%.

by: Reuters

Barclays loses challenge to motor finance ruling as UK watchdog's redress scheme looms

Barclays on Tuesday lost its bid to overturn a key ruling on motor finance commission, in a case likely to affect a potential multibillion pound consumer redress scheme from Britain's finance watchdog.

by: AOL

GM investors plug into electrified growth story amid uncertain road

General Motors has won Yahoo Finance's Surprise of the Year award. So what's next for the auto icon? GM CEO Mary Barra shares her latest vision.

by: Business Daily Africa

CIC General pays Sh700 million in flood and protests claims

CIC General Insurance paid claims of about Sh300 million following the widespread flooding that hit Kenya between March and June.

by: Yahoo Finance

Bernstein Names Nvidia and Broadcom Top Semiconductor Picks for 2025

Emphasizing their critical roles in advancing AI and GPU technologies, Bernstein has listed Nvidia ( NVDA, Financials) and Broadcom ( AVGO, Financials) as top semiconductor stocks for 2025.

by: Outlookindia

The Driving Force Behind Data Modernization: Bridging Technology And Innovation

The advancements we see today result from efforts by experts who bring vision, precision, and ingenuity to the challenges of modernization. Through his work, Srinivasa is helping to set the stage for a future where technology continues to break boundaries,

by: bnnbloomberg

Gulf's Consumer Culture Lures Banks and Private Credit to Region

Governments in the Gulf have been fighting to bring investment onshore, as sovereign wealth funds invest vast sums of money abroad. It's been an uphill battle, but global lenders are taking notice of one niche area: consumer loans.

by: The Globe and Mail

Business Brief: Breaking down a bombshell resignation letter

First, the news: Freeland resigned hours before her speech, but three days after Trudeau reportedly offered her another position in a Zoom call, Robert Fife and Marieke Walsh report. She said she was no longer on the same page with the Prime Minister about the best path forward for Canada.

by: Wall Street Journal

Financial Services Roundup: Market Talk

Find insight on Banco BPM, DBS Group Holdings and more in the latest Market Talks covering financial services.

by: CTV News

Postal employees head back to work as union challenges intervention in strike

Canada Post is resuming operations after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo.

by: The New York Times

High on Hope, Wall St. Hears What It Wants From Trump

Investors and executives are often emphasizing what they like in the president-elect's agenda, while dismissing what they don't as mere posturing.

by: MSN

Gurugram-based MSME lender Aye Finance Limited files DRHP with SEBI for ?1,450 crore IPO

Aye Finance has demonstrated strong financial performance, reporting a 291.5% surge in profit after tax (PAT) from ₹43.9 crore in FY2023 to ₹171.7 crore in FY2024.

by: ThePrint

Understanding Collateral Requirements for Business Loans

The process of obtaining a business loan can be complex, with financial institutions carefully evaluating various factors to assess risk. One of the key elements that significantly impacts a borrower's chances of securing a loan is collateral.

by: Business Standard

Adani deal under bribery scrutiny was approved against officials' advice

Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had no short-term need for solar power

by: Business Today

Personal Loans vs. Payday Loans: Key differences and how to choose the right one

Unlike specific loans for education or home purchases, personal loans offer flexibility in how you use the funds. Payday loans may provide assistance during a financial crisis.

by: Business Line

Zomato's global finance head Hemal Jain quits

Zomato's global finance head Hemal Jain has stepped down from her position to pursue other opportunities. The company informed about this development in a BSE filing on December 16 as a disclosure of resignation of a senior personnel management member.

by: BBC

Canada's finance minister quits over Trump tariff dispute with Trudeau

Chrystia Freeland says Canada faces a "grave challenge" from incoming US President Donald Trump's tariff threats.

by: Forbes

Leadership, Trust, And AI: Dan Durn's Journey As Adobe's CFO

At Adobe, Durn has helmed Finance, Technology Services, and Operations as CFO for more than three years. Perhaps his most visible CFO role yet, several underlying factors have resulted in Durn's career satisfaction: being exposed to value creation at innovative companies, experience in a variety of industries, and collaboration with mentors.

Understanding PE multiples: The sub-10 and over-20 clubs

The risks at the opposite ends of the market are simply not the same, with far more needing to go right for one 'club' than the other.

The podcast episode from Moneyweb titled "Understanding PE Multiples: The Sub-10 and Over-20 Clubs" discusses the significance of Price-to-Earnings (PE) ratios in stock valuation. Host Stuart Lowman, along with guests David Bacher and Magnus Heystek, delve into what PE multiples indicate about a company's value, growth expectations, and market conditions. They explore why some stocks trade at PE ratios below 10, often seen as undervalued or in sectors with lower growth prospects, and others above 20, which might suggest high growth expectations or overvaluation. The discussion includes insights on how investors can use PE ratios to make informed decisions, the implications of different PE levels for investment strategies, and the broader economic context influencing these multiples. The episode aims to educate listeners on interpreting PE ratios to better understand stock market dynamics and investment opportunities.

Read the Full Moneyweb Article at:
https://www.moneyweb.co.za/moneyweb-podcasts/supernatural-stocks/understanding-pe-multiples-the-sub-10-and-over-20-clubs/


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