• Thu, December 19, 2024

by: Channel NewsAsia Singapore

'We are very sorry': Government 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: AOL

Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst

In the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls and bears. But for veteran fintech analyst Dan Dolev at Mizuho Securities, Robinhood remains an undefeated name with room to grow.

by: Finance & Commerce

The POWER List: Developers 2024

For our inaugural edition of THE POWER 30, we've chosen to focus on the buying, selling and leasing of commercial real estate.

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: Business Line

New Bill proposes jail, stiff fine for unregulated lending

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: Seeking Alpha

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.

by: Fortune

Does size matter? Comparing the classes of top MBA schools

Networking, student support, and job opportunities can all be impacted by the size of a business school.

by: The Straits Times

askST: What the move away from masked NRIC numbers means for Singaporeans

A: Singapore is moving away from using masked NRIC numbers, but this does not mean people should fully reveal NRIC numbers in all circumstances. This is the misunderstanding that resulted in Acra making its database of NRIC numbers public, said Second Minister for Finance Indranee Rajah during the press conference.

by: WBIW

DeKalb County teacher surprised with $25,000 Milken Educator Award

by: Access WDUN

Nigerians press for solar jobs and electricity, with little success

BAKU, Azerbaijan (AP) — In sun-drenched Nigeria, 14 new solar farms were supposed to jumpstart a meager solar industry and generate huge amounts of power, about one-fifth as much as the country's entire electric grid offers on a good day.

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: Reuters

Argentina's YPF signs agreement with Shell to develop Argentina LNG project

Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project, the companies said on Thursday.

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: 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: Forbes

Crypto And Digital Assets Shine At ADFW24: Abu Dhabi, the Capital Of Capital Connectors

With 20,000 ADFW delegates and eight global institutions representing $635 billion announce they are setting up shop in Abu Dhabi, crypto and digital assets are positioning.

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: CBS News

A government shutdown could occur on Dec. 21. Here's what services and payments could be impacted.

With a federal spending bill now scrapped, the U.S. faces a possible government shutdown that could begin at 12:01 a.m. on Saturday, Dec. 21, when current funding is set to lapse. That raises questions about what types of services and payments could be impacted just days before the holidays.

by: The Daily Dot

'Can they send a repo guy and take it away from me?': Customer finances car. Then they check remaining balance

"I want my car and I never wanted to sell it," they said. "But now once the dealership receives the title, can they send a repo guy and take it away from me?" In a series of follow-up comments, u/Maybe_Separate said that they had issues requesting a duplicate title from their local DMV.

by: Jakarta Globe

Bahlil Blames Aggressive Tax Rules for Low Oil and Gas Exploration

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: 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: Yahoo Finance

Can Intel's foundry business help it catch up to TSMC in 2025?

Intel (INTC) stock has had a difficult 2024, with shares falling roughly 60% year-to-date. As investors turn to 2025, Yahoo Finance Senior Reporter Yasmin Khorram and Reporter Laura Bratton sit down with Market Domination hosts Julie Hyman and Josh Lipton to discuss what's next for the struggling chipmaker,

by: MSN

Accenture Earnings Transcript (NYSE:ACN)

Presentation Operator Good day and welcome to Accenture's First Quarter Fiscal 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to 1'1Katie O'Conor,

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: 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: Reuters

China introduces new rule to tighten scrutiny on foreign accounting firms' domestic operations

China issued rules on Thursday to tighten scrutiny of foreign accounting firms' domestic operations as Beijing seeks to rein in accounting failures and fraud.

by: Yahoo Finance

Why Big Lots announced going out of business sales at remaining locations. What to know about closures in Tennessee

Big Lots has closed over 400 stores in 2024 and just announced going out business sales across its remaining locations.

by: MSN

Taurus Daily Horoscope Today, December 20, 2024 predicts an auspicious time

Spend more time with the lover and this will help you resolve the issues. You may be careful to not indulge in ego-related tremors. Today is not good to get into debates on unpleasant topics and resolve every issue of the past through open communication.

by: CBS News

Big Lots is planning "going out of business" sales at all of its stores

Big Lots filed for bankruptcy protection in September, saying it intended to sell its business to Nexus. In August, Big Lots announced its intention close up to 315 stores, and in October disclosed plans to shut down another 56 locations in 27 states.

by: Forbes

Five Strategic Initiatives Every Entrepreneur Should Prioritize For The New Year

Here are five critical initiatives entrepreneurs should prioritize to ensure their businesses are positioned for resilience and growth in the year ahead.

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: Reuters

India gears up for a potential trade deal as Trump targets China, say government sources

India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the U.S., aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge,

by: Yahoo Finance

Is Big Lots closing? What to know as company announces 'going out of business' sales

Ohio-based Big Lots announced it would close the remainder of it stores and will hold 'going out of business' sales.

by: MSN

SoftwareOne to buy Norway's Crayon in $1.4 billion Microsoft-focused takeover

By Paul Arnold and Tristan Veyet ZURICH (Reuters) -Swiss technology firm SoftwareOne said on Thursday it had agreed to buy Crayon Group in a stock and cash deal which values its Norwegian competitor at $1.

by: Yahoo Finance

What credit cardholders should know for 2025: Predictions, interest rates, changing benefits, and more

Here's how you can prepare to make the most of award travel, avoid high interest, protect your card information, and more in the new year.

by: MSN

Is Microsoft (MSFT) the Best Growth Stock to Invest in Now?

We recently published a list of the 10 Best Growth Stocks To Invest In Now. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other best growth stocks.

by: Reuters

UK watchdog plans to simplify investment information, in shift from EU

Britain plans to simplify often complex and unclear documentation handed to investors to boost confidence and drive investments, in what one lawyer called the biggest shift to date from European Union retail regulation.

by: Reuters

HSBC Chairman to lead pivotal UK business delegation to China

HSBC Chairman Mark Tucker will lead the British government's most important business delegation to China since 2018 next month, sources told Reuters, as Chancellor Rachel Reeves seeks to attract greater Chinese investment into Britain.

by: MSN

Easy tips to save money don't always work. Here's why.

Amid spending season and a plethora of articles listing ways to control your budget during these holidays, a Deakin University researcher warns there are no quick and easy solutions.

by: Yahoo Finance

Big Lots announces going out of business sale. Where are there still stores in Indiana?

Big Lots announces going out of business sale. Where are there still stores in Indiana? Big Lots announced Thursday it will have a going-out-of-business-sale at all of its remaining locations. The move by the retailer comes after growing stream of individual store closures during 2024.

by: MSN

Interest rates live: Bank of England holds interest rates and downgrades growth in blow for Labour

Bank of England holds interest rates and downgrades growth in blow for Labour - The Bank's Monetary Policy Committee voted by a majority of 6-3 to maintain the rate at 4.75 per cent

by: MSN

XRP 2025 Predictions: Can Ripple's Crypto Double in Value Next Year?

XRP was falling early Thursday, down 6.2% over the last 24 hours to $2.42, after the Federal Reserve hinted at an easing of the monetary cutting cycle next year. Other cryptos lik
  • Tue, December 24, 2024

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: 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: Forbes

Project 2025's Immigration Policy: Impact On US Workforce And Economy

Reduction of Legal Immigration: According to Immigration Impact, the plan advocates for decreasing the number of visas issued, particularly targeting programs such as the Diversity Visa Lottery and certain employment-based visas like the H-1B. This reduction aims to prioritize American workers and address national security concerns.

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.

'We are very sorry': Government 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.
The article from Channel News Asia discusses the controversy surrounding the unmasking of NRIC numbers in the Accounting and Corporate Regulatory Authority's (ACRA) database. Singapore's Minister for Communications and Information, Josephine Teo, issued an apology for the confusion and anxiety caused by the incident. The issue came to light when it was discovered that the full NRIC numbers of company officers were visible in ACRA's online registers, which was supposed to be masked for privacy reasons. This breach was due to a system error that occurred during an upgrade of ACRA's IT systems. Teo clarified that the error was not a result of a cyber attack but an oversight in the system update process. She emphasized that steps have been taken to rectify the issue, ensuring that NRIC numbers are now properly masked, and reassured the public about the government's commitment to data protection. Additionally, she mentioned that ACRA would review its processes to prevent future occurrences.

Read the Full Channel NewsAsia Singapore Article at:
https://www.channelnewsasia.com/singapore/nric-unmasking-acra-josephine-teo-apologises-confusion-anxiety-4816066

Like: 👍