India’s RBI Encounters Issues in Making Banks Reduce Rates
Many lending companies in India have not implemented lower interest rates as suggested by the country’s central bank. As a result, authorities are compelled...
Low Inflation in the US is Due to Auto Insurance
Insurance Journal says that the reason why the United States’ inflation rate is going down is no other than more drivers getting car insurance....
Muehlhan AG Considered as an Appealing Investment for Many
Simply Wall Street considers Muehlhan AG (ETR: M4N) an attractive investment because of its impressive performance in the market, as well as its financial...
Fintech Startup Stash to Provide Stock-Back Rewards
New York-based financial technology startup, Stash, will be providing the public with its ‘stock-back’ rewards program. This new initiative allows customers to invest as...
Prosecutors Indicts Wealthy People for College-Entrance Cheating Scheme
Federal prosecutors charged nearly 50 people who belong to wealthy families in a $25-million cheating scheme that helps their children to gain admission to...
PayPal Allows Users to Instantly Transfer Funds to Their Bank Accounts
PayPal opens its doors to bank transfers as it recently announced that its users could transfer money real time from the application to their...
US Credit Card Debt Reaches Record-High $870 Billion in 2018
US credit card debt approached $870 billion as of December 31, a new historic high, Federal Reserve data show. The report also shows credit...
Bank of America and Tory Burch Partner Up, Offer $100m Loans
The Bank of America has teamed up with the Tory Burch Foundation, adding in an addition $50 million in pledges. The total amount offered...
PayPal and Dragoneer to Invest in MercadoLibre
PayPal and Dragoneer have both agreed to invest stocks in MercadoLibre, each offering $750 million and $100 million respectively. These actions follow MercadoLibre’s decision...
Fraudster Ordered to Return Money from Manchester Arena Claim
Susan Pain, a boss at an insurance company, is ordered to pay back the insurance money she got from her false claims that her...
China to Tighten Rules on $43-Billion Pawn Shop Industry
With this rapid surge of China's pawn shop industry, the country's banking and insurance regulator is currently drafting new policies that will make oversight...
Expert Says ETFs Remains a Profitable Investment Tool
Exchange-traded funds (ETFs) are here to stay, Dan Draper, head of ETFs at Invesco, said.
The investment product has passed the tests of the bursting...
Kylie Jenner Hailed as the Youngest Self-Made Billionaire
Forbes recently named Kylie Jenner the youngest self-made billionaire at age 21. Based on the article released by the business magazine, the youngest in...
New York to Investigate Trump Organization, Issues Subpoena
The state of New York sent out a subpoena to Aon Plc, the insurance broker of the Trump Organization. The subpoena was sent on...
Chinese FinTech Industry Slated to Grow More This Year
This 2019 seems to be a good year for China’s financial technology companies, according to SHINE, a media outlet powered by Shanghai Daily. Reports...
Amazon Mobile Payments Backed by Mexican Central Bank
The Mexican Central Bank is working closely with Amazon.inc to help launch a new mobile payment system name CoDi in their country. This initiative...
Georgia Schoolteacher wins $10,000 for Reading Insurance Fine Print
Insurance company Squaremouth held a contest, giving $10,000 to clients who are able to spot the text and call for a claim. Luckily enough,...
Norway Decides to Discard Its Oil Stocks
Norway’s Wealth Fund recently made the decision to dump its oil and gas stocks, according to CNN. The biggest sovereign fund in the globe,...
America’s Wealth Gap Is Back at Roaring 20’s
The 2020 Presidential elections are around the corner and with new statistics showing that the wealth gap in America is back at the roaring...
Lender Jai Kisan is Giving Affordable Loan for Farmers
Mumbai-based company Jai Kisan raised a total of $1.5Mn to support farmers for seed funding and machines. The Fintech company also states the possibilities...
Rate Hike Pushed Back, ECB to Provide Funding
The European Central Bank (ECB) recently announced that programs stimulating the growth of lending in the eurozone are slated to commence come September. These...
China’s National Health Plan Includes Lifesaving Drugs
According to a report by China Youth Daily, Chinese people will soon have access to free lifesaving medications.
Head of the State Medical Insurance Administration...
Ford Invests $1 Billion in its Chicago Operations
Ford Motor Company announced it is pouring in $1 billion in its Chicago branch and hiring 500 personnel in preparation for the launch of...
Mortgage Rates Rise for the First Time in Weeks
Housing loans are experiencing poor performance for the past weeks, but it seems that it is recovering for the first time. According to The...
UBS Survey: Most Millennial Women Defer Investing Decisions to Spouses
Most millennial women defer their investment and financial planning to partners, a UBS Group survey revealed.
The yearly study found that 59% of women aged...
Softbank Invests $2B Tech Fund In Latin America
Softbank Group Corp. Japan announced last March 7 the launch of the $2-B Innovation Fund that will be focused on Latin America.
This investment will...
Tencent and University of Hong Kong Work Together for Fintech
Chinese company Tencent is looking at the University of Hong Kong (UHK) for IT talents in an endeavour further financial technology research. According to...
NY Partners with Goldman Sachs to Help Female Entrepreneurs
The city of New York announced on March 6 that it will be launching affordable business loans to tap female entrepreneurs and help them...
American Insurers Push for Extension of Terrorism Risk Insurance Program
U.S. insurers are pushing for extending a terrorism risk insurance program created by the federal government in the hope of resisting a potential gap...
VGP NV to Launch Huge Projects in Spain
In a press release published by GlobeNewswire, VGP NV revealed that it is investing on key projects after it acquires an additional 40,000-square meter...
