Finance Minister attends launch of new identity for Ahli United Bank as Kuwait Finance House

Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, attended a ceremony marking the launch of the new identity of Ahli United Bank under the name Kuwait Finance House, in the presence of Sheikh Thamer Jaber Al Ahmad Al...

Finance Minister II cooperative in PAC hearing on MAHB privatisation, says panel

KUALA LUMPUR, July 11 — Finance Minister II Datuk Seri Amir Hamzah Azizan has provided good cooperation throughout the Public Accounts Committee (PAC) proceedings regarding the issue of share sales and privatisation of Malaysia Airports Holdings...

Currency Exchange Rates in Pakistan Today – 11 July 2025

KARACHI – Pakistani rupee largely remained largely stable against various foreign currencies in open market as the buying and selling prices of Euro, Saudi Riyal and UK Pound witnessed slight changes. On July 11, US Dollar’s buying rate stood at...

Australia takes another step toward a central bank digital currency

SYDNEY (Reuters) -Australia's central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing projects using real money and assets for the first...

Bank-affiliated insurers deepen ties with private banks amid HNW competition

Finance Act trumps ordinance: AG

The Public Finance Management Act 2001 takes precedence over the older Legislative Assembly Powers and Privileges Ordinance 1960 when it comes to the use of government vehicles during the caretaker period, says Attorney General Su’a Hellene Wallwork.

Finance Minister warns ‘pests and parasites’ in the Grenadines 

Minister of Finance Camillo Gonsalves says that Hurricane Beryl has revealed the true friends of the Grenadines. The category 4 storm ravaged the Southern Grenadines on July 1, 2024, destroying or damaging 90% of the buildings. “There are some...

Investor Confidence Soars as FireFly Metals Doubles Share Purchase Plan Amid Project Momentum

Highlights,FireFly,Metals (FFM) doubles its Share Purchase Plan to A$10 million,Overwhelming investor interest drives SPP demand to ~A$28.2 million,Funds to accelerate drilling and mining studies at Green Bay Copper-Gold Project,FireFly Metals...

Bank of Hawaii all set to open its Tamuning branch on July 14

Bank of Hawaii will be open for business at its new Tamuning branch on Monday, the bank and government of Guam officials said. At the Special Economic Services meeting last week that brought together finance and policy officials together,...

Currency Shocks and Safe Havens: Analysing Forex Reactions to Armed Conflict in the Modern Era

Picture yourself scrolling through market alerts at 2 AM, watching currency pairs swing wildly as breaking news flashes across your screen. Another missile strike, another market shock. You’re not alone if recent geopolitical tensions have left...

Bank worker gets life for selling fake products

Compiled by DIYANA PFORDTEN, C.ARUNO and R. ARAVINTHAN A BANK employee from Zheng­zhou, China, was sentenced to life imprisonment for selling 160mil yuan (RM94.7mil) worth of fake wealth management products, China Press reported. She spent nearly...

Investor Backlash At Warner Bros. Signals A Shift In Boardroom Accountability

Warner Bros. Discovery shareholders’ recent rejection of CEO David Zaslav’s $52 million pay package may be an indication that investors are paying greater attention to executive compensation. As fears of stagflation, recession and armed conflicts...

Financial literacy: Must-have skill for young entrepreneurs

For an entrepreneur, financial literacy is the backbone of business sustainability and growth By Channa Wanigasinghe In today’s fast-paced and competitive business world, ideas alone are not enough to guarantee success. While innovation,...

Finance | Planning Strategies with Trump’s ‘Big Beautiful Bill’

“I think a bill can be big or it could be beautiful, but I don’t know if it could be both.” —Elon Musk Planning became possible when Donald Trump signed off a mega bill, which simultaneously decreases taxes and welfare spending while discouraging...

Finance Act 2025 tightens tax rules for businesses, filers

LAHORE: The Finance Act 2025 has brought significant amendments to the Income Tax Ordinance, 2001, impacting businesses and taxpayers. However, the Federal Board of Revenue has incorporated these changes with an aim to broaden the tax base,...

Investors welcome RWE’s climate target validation and coal phase-out progress

Investors engaging with RWE AG through Climate Action 100+ (UBS Asset Management, Aberdeen, Phoenix Group, MN) have welcomed the company’s progress on its 2030 coal phase-out commitment, having closed six lignite-fired power plant units in 2024....

Finance minister warns Cork would be hit hard by Trump's proposed 200% pharma tariffs

Donald Trump told a US cabinet meeting this week that tariffs on the industry would be imposed “very soon” and would be implemented at a “very high” rate, which he said would help push major drug makers to reposition their operations in favour of...

Investing in ethnic minority talent key to national growth

Investor Advocates Slam FINRA's $50M Fee Rebate For Not Going Toward Unpaid Arbitration Awards

FINRA should have put its $50 million fee rebate for member firms toward investors stuck with unpaid arbitration awards, according to the Public Investors Advocate Bar Association. PIABA President and Gana Weinsten Managing Partner Adam Gana...

Investors push past tariff angst to power stocks to fresh all-time highs

US stocks broke fresh records on Thursday as traders shrugged off the latest tariff developments and drove a new risk-on rally heading into earnings season. Major stock averages climbed, with the Dow Jones Industrial Average gaining nearly 200...