Tue, December 24, 2024

by: Investopedia

Best Credit Counseling Services for December 2024

Investopedia found Apprisen to offer the best credit counseling services for anyone struggling with overwhelming debt, thanks to its low fees and service variety.

by: AOL

8 tips for using gas credit cards wisely

Using a gas credit card can help you earn rewards and cash back on gasoline purchases. Stacking rewards from both your gas card and a gas station loyalty program can help you build even more savings. Though gas cards are useful, their savings are relatively modest, which makes it important that you use them properly.

by: CarDekho

Nissan, Honda, And Mitsubishi Set To Join Forces, Will Merge By 2025

According to the manufacturers, the merger is aimed to be finalised by June 2025, while shares for the holdings company will be listed by August 2026

by: Outlookindia

Shenson Joseph: Pioneering Artificial Intelligence And Quantum Computing Research

Through his vision and innovation, Shenson Joseph is not just advancing quantum computing—he is redefining the future of technology.

by: manilatimes

Thailand Shines at ACES Awards 2024: Celebrating Leadership, Sustainability, and Innovation Across Industries

BANGKOK, THAILAND - Media OutReach Newswire - 24 December 2024 - The Asia Corporate Excellence and Sustainability (ACES) Awards 2024 spotlighted Thailand's corporate champions, underscoring the country's ascent as a force for sustainable innovation and community empowerment.

by: devdiscourse

IFC and NDR InvIT Launch India's First Sustainability-Linked Bond for Warehousing Sector

In a groundbreaking move for India's warehousing and logistics sector, International Finance Corporation (IFC) has invested $75 million (INR 6,300 million) in a Sustainability-Linked Bond (SLB) issued by NDR InvIT,

by: CoinTelegraph

Amnis Finance becomes top LSD protocol on Aptos with 350,000 stakers

Amnis Finance has grown to become the #1 LSD protocol on Aptos ecosystem through innovative technology and business models. The protocol is set to introduce its governance token, AMI, to empower the community for future growth and decentralization.

by: Reuters

Ford, GM donate $1 million and contribute vehicles to Trump's inauguration

U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company spokespersons said on Monday.

by: Mint

Musk and Trump Could Delete Consumer Protections

Long-sought curbs on high credit card fees and other harmful practices might not survive the new administration.

by: Forbes

How To Solve Data Collection Challenges For Your Business's AI Needs

This article identifies data collection challenges and explores how a decentralized approach, leveraging blockchain technology and cryptocurrency, can help address

by: MSN

My husband and I bought a storage-unit business. The customers can be difficult, but it pays for my daughter's college.

I own a mini storage unit business to pay for my daughter's college. One of my customers never pays on time because he spends his money on feral cats.
Thu, December 19, 2024

by: tbsnews

Islamic Trade Finance to provide $2.45b loan for oil, gas, fertiliser imports in FY26

Keep updated, follow The Business Standard's Google news channel The loan agreement was finalised on 14 December during a meeting in Jeddah, Saudi Arabia, between the Islamic Trade Finance and a Bangladeshi delegation led by ERD Secretary Shahriar Kader ...

by: bnnbloomberg

Here's What Fueled Japan's Finance-Led Stock Gain in 2024

This year's equity rally in Japan has laid the groundwork for more potential gains in 2025, on tailwinds from the gradual normalization of monetary policy and a surge in activist investment.

by: businesslive.co.za

THE FINANCE GHOST: Property sneaks the win in a close finish

Heck, even office properties were showing some signs of life, with very few people still able to work from home. The sheer amount of traffic on the road suggested that people were moving around, which means they were going from home to somewhere else — and you can invest in "somewhere else" by buying real estate investment trusts (Reits). ..

by: The Royal Gazette

Opposition calls foul on contrasting fiscal assessments

A "vivid contrast" was drawn by the Opposition between the Government's Pre-Budget Report , branded "political propaganda", and an independent assessment of the island's fiscal performance.

by: Jakarta Globe

Bahlil Blames Aggressive Tax Rules for Low Oil and Gas Exploration

by: Fox Business

Will a government shutdown impact the stock market? Experts weigh in

As Congress scrambles to avert a potential partial government shutdown before Friday's deadline, investment experts weigh in on how much a shutdown could impact the markets.

by: Variety

Music Industry Moves: Avex USA Names Ryusuke Kamada CFO

Avex USA has named Ryusuke Kamada its new CFO; Luke Armitage has joined Warner Records as senior VP of global marketing.

by: Business Insider

Best No-Penalty CD Rates for December 2024: Savings Growth with Flexibility

Nunnally Honors Research Award for their senior thesis.Outside personal finance, Kit enjoys reading, film, video games, and cross stitching. They are based in the DC area.

by: fingerlakes1

Does Your Company Need a Corporate Cryptocurrency Account: Pros and Cons

If your company deals with international transactions, wants to attract crypto clients, or aims to diversify its financial strategy, opening a corporate crypto account could be a game-changer. However, also be mindful of the risks. Start small, educate your team, and work with trusted providers to minimize risks.

by: Raleigh News & Observer

American College of Education Announces Launch of Redesigned MBA Program

A champion for high-quality, return on investment-driven online education, ACE now offers a redesigned MBA program - one of the most affordable in the country - that can be completed in as little as 12 months*.

by: CBS News

How to get a low student loan rate for the spring 2025 semester

Choosing the wrong student loan (with the wrong rate) could cost you a lot more than you bargained for. . With the fall semester coming to an end and the spring semes

by: Pensions&Investments

Private credit looks to consumers, infrastructure for next stage

ABF allows private credit investors — insurers, pensions and others — to provide investment-grade equivalent loans but see more yield, given the direct origination and illiquidity of deals. This "hunt for yield" is expected to continue and investors can "get paid above a regular-way investment-grade bond," said KKR's Pietrzak.

by: devdiscourse

Global Insurers Join Forces with IFC to Create Jobs, Drive Growth, and Enhance Sustainability

With this latest program, IFC's MCPP platform—an initiative that mobilizes private capital for development finance—has surpassed $19 billion in total capacity.

by: Forbes

How Overseas Conflicts Impact Trade Finance

Trade finance is the backbone of world trade and is thus closely linked to geopolitical stability. In today's interconnected world, regional conflicts have ripple effects that extend beyond national borders, creating a dent in international trade and economic equilibrium.

by: inc42

Blinkit Ropes In Former Flipkart Executive As CFO

Zomato-owned quick commerce platform Blinkit has roped in Vipin Kapooria as the company's new chief financial officer (CFO)

by: The Motley Fool

Is Advanced Micro Devices Stock Heading for $200 in 2025?

Shares of Advanced Micro Devices ( AMD -2.89%) surged to new highs at the beginning of 2024, but mixed business performance across the company's operating segments has weighed on the stock for most of the year. After reaching a high of $227, the shares are down 44% year to date at the time of writing.

by: The Straits Times

Acra to restore Bizfile search function; restrict access to full NRIC numbers to paying users

The press conference followed public outcry over Acra's Dec 9 decision to make NRIC numbers searchable on Bizfile for free, without requiring users to first register. The search function, which allows users to look up information about a company's directors and public representatives, was disabled on Dec 13.

by: Business Times

Acra to remove NRIC numbers from Bizfile portal search, government apologises for lapse

THE Accounting and Corporate Regulatory Authority (Acra) will remove National Registration Identity Card (NRIC) numbers from its "people search" function on its Bizfile portal when it is relaunched some time next week,

by: IMD business school

Time to go green? Process vs outcome - and what bonds are best for you

Green and sustainability-linked bonds offer companies new funding to reach urgent sustainability goals. Salvatore Cantale and Barry Gavin explain how to make the most of a booming market.

by: MSN

RLI Rises 17.9% in 6 Months: Can the Stock Retain the Bull Run?

Shares of RLI Corp. RLI have gained 17.9% in six months, outperforming the industry's 11.4% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector's return of 11.1% and 8.

by: Business Line

Veefin Group raises ?136 cr for product development and acquisitions; aims a further ?155 cr by Jan 2025

by: Channel NewsAsia Singapore

'We are very sorry': Josephine Teo apologises for confusion, anxiety over NRIC unmasking saga

The Cabinet minister issued the apology during a press conference on Thursday, alongside ACRA chief executive Chia-Tern Huey Min who said the incident was due to a lapse in coordination.

by: Sussex Express

Hastings-based Social Enterprise Let's Do Business Group to begin working with VCSE organisations in Herefordshire

Let's Do Business Group, based in Hastings, has successfully bid for a new project with Herefordshire Council to provide comprehensive business and marketing support to the voluntary, charity, and social enterprise (VCSE) sector,

by: India Today

How business schools shape future leaders in sustainability and innovation

Business schools are evolving to address global challenges by fostering leadership in sustainability and innovation. Through transformative education, they empower students to create sustainable solutions and drive impactful change in a rapidly changing world.

by: The New York Times

Where Does a 'Remarkable' U.S. Economy Go From Here?

America's economy is far outstripping its peers, but there are serious risks, including from the president-elect.

by: Business Standard

Laxmi India Finance files draft papers with Sebi to raise funds via IPO

NBFC player Laxmi India Finance Ltd has filed draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO).

by: AOL

When's the best time to shop for car insurance? (Hint: It could be right now)

While timing your insurance shopping can have an impact, comparison shopping is what really drives your savings. See handy tips to timing your switch to a new insurer.

by: Tuko

List of Kenya Commercial Banks That'll Close Shop, Merge after Ruto Signed New Law

President William Ruto signed the Business Laws Act 2024, which stipulated that commercial banks must have a minimum core capital of KSh 10 billion.

by: The Financial Express

NBFC loans: Balancing growth and risk in a changing landscape

The RBI has maintained its outlook that NBFCs are a vital catalyst for development of the Indian economy. However, it can be observed that various NBFCs have mushroomed in the market which aim to benefit from the growing demand in the retail sector where the consumers are gullible,

by: Exchange 4 Media

SEBI cracks down on finfluencer with Rs 9.5 cr refund and ban

As per reports, finance influencer Ravindra Balu Bharti and his company have faced action for allegedly operating an unregistered investment advisory business

by: Arabian Business

ADIO and EXIM forge MoU to boost US-UAE trade in key sectors

It marks a significant milestone in facilitating the import and export of raw materials, services and technology, particularly in priority sectors

by: Finance & Commerce

AIA: Architecture billings stable, inquires rising

Architecture billings in the U.S. are stabilizing, and new project inquiries are on the rise, the American Institute of Architects said Wednesday.

by: Fortune

Motown: What's going on?

A new CEO with a background in movies will try to bring the label out of its funk.

by: Yahoo Finance

Kering Eyewear Celebrates Decade of Innovation With Harvard Case Study and Commemorative Book

In an exclusive interview, Roberto Vedovotto, founder, president and chief executive officer of the eyewear group, discussed the tribute book "Never Never Never Give Up," focusing on team spirit and resilience.

by: Reuters

European car sales fall in November, led by France and Italy, ACEA says

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday.

by: Seeking Alpha

The Final Stretch? Canoo Is Running Out Of Time And Options

I think Canoo will face issues in raising more funds. Click here to read more about GOEV stock and why I rate it is a Strong Sell.

by: The Irish Times

Mergers and acquisitions trajectory looks set to continue upwards in 2025

Pro-business policies are expected to drive a further uptick in M&A activity after 2024 elections 'remove a significant element of uncertainty'

Portman Ridge Finance: This 16.4% Yield Is A Hold For Now, But Proceed With Caution

Portman Ridge Finance Corporation offers a high yield but has shown disappointing returns. Click here to read the analysis of PTMN stock.

The article from SeekingAlpha discusses Portman Ridge Finance (PTMN), a Business Development Company (BDC) that offers a high dividend yield of 16.4%. Despite the attractive yield, the author advises caution due to several concerns. Portman Ridge has experienced a significant decline in its net asset value (NAV) per share, dropping from $270.77 in 2018 to $21.76 by the end of 2023, which indicates potential issues with the quality of its investments or management decisions. The company has also seen a reduction in its investment income and has been selling assets at a loss, which could impact future earnings and dividend sustainability. Additionally, the article highlights the high non-accrual rate of its portfolio, suggesting a risk of further income reduction. While the BDC has made efforts to improve its portfolio through acquisitions and restructuring, the author suggests that investors should hold their current positions but be cautious about adding new investments until there are clearer signs of recovery and stability in the company's financial health.

Read the Full Seeking Alpha Article at:
https://seekingalpha.com/article/4744553-portman-ridge-finance-this-16-4-percent-yield-is-a-hold-for-now-but-proceed-with-caution