Finance Industry News Monitoring Service

Vatican's new financial regulator vows transparency

VATICAN CITY, July 3 (Reuters) - The Vatican’s new financial regulator says he is confident that the days when the Holy See would “wash dirty laundry” in private are over and that Pope Francis’ recent spending rules are a sea change in transparency. In an …

Municipal audit outcomes reveal public sector financial management must be professionalised

SPONSORED The South African Institute of Chartered Accountants (SAICA) notes with concern the Auditor General’s report of the audit outcomes for local government, which showed that only 8% of municipalities received clean audits for the 2018/19 …

Fitch affirms National Ratings of 4 finance companies; one on rating watch positive

Author LBO Posted on July 3, 2020 | Banking and Finance, Companies Jul 03, 2020 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of four Sri Lankan finance and leasing companies. -AMW Capital Leasing And Finance PLC (AMWCL) at ‘BBB(lka)’; …

UK car finance and pawnbroker payment freeze extended

The UK’s financial regulator has given customers of car finance and other forms of high-cost credit the option of freezing payments and repossessions for three more months, amid concerns about a mounting economic toll from the coronavirus pandemic. The …

Share price of Indiabulls Housing Finance Ltd. jumps as Sensex gains 155.68 points

Share price of Indiabulls Housing Finance Ltd. gained 2.93 per cent to Rs 231.75 at 02:10PM (IST) in Friday's trade. The stock hit a high of Rs 232.0 and low of Rs 215.0 so far during the session. The stock had closed at Rs 225.15 in the previous …

Board of Muthoot Finance to consider stock split on July 18

In a regulatory filing the company said its a meeting of the board is scheduled to be held on July 18, to consider and approve the proposal for sub-division/stock split of equity shares of the company, subject to shareholders approval. Stock split is a …

Thanks to effective fight with shadow schemes national budget gets extra UAH 1 bln – Finance minister

The change of approaches in the work of tax officers has shown a tangible result for the replenishment of Ukraine's national budget, Finance Minister Serhiy Marchenko said during a Thursday press conference devoted to the current financial and economic …

Equitas Small Finance Bank Limited launches Video KYC Account

Equitas Small Finance Bank Limited (the "Bank"), the largest small finance bank ("SFB") in India in terms of number of banking outlets as of March 31, 2019 (Source: CRISIL report), becomes one of the leading banks in the country to …

Finance minister urges gig workers to register with Socso

Tengku Zafrul said from January till now, only seven per cent or 28,425 workers in the gig economy were registered with Socso. — Picture by Yusof Mat Isa KUALA LUMPUR, July 3 — The government hopes more workers in the gig economy will register with the …

Car finance and loan payment holidays could be further extended

Cash-strapped drivers could have vehicle finance payments suspended for three more months under new rules. Payment holidays for rent-to-own, payday loans and even buy-now-pay-later arrangements and pawnbrokers could be extended, according to the Financial …

Finance ministry denies potential impact of NBU governor's resignation on macroeconomic stability

The resignation of Governor of the National Bank (NBU) Yakiv Smolii should not affect the macroeconomic stability of Ukraine, Finance Minister Serhiy Marchenko has said. "I believe that the resignation of the NBU governor should not affect …

Shoe Zone Appoints Peter Foot As Finance Director

MEC for Finance must ensure adherence to procurement laws – DA Gauteng

Party says this will guarantee that particularly small businesses and township businesses are able to put in tenders DA calls on Gauteng MEC for Finance to ensure departments adhere to procurement and SCM procedures 2 July 2020 The Democratic Alliance (DA) …

Mahindra & Mahindra Financial Services Limited board to announce Q1FY21 results on July 18, 2020

A Meeting of the Board of Directors of Mahindra & Mahindra Financial Services Limited (MMFSL) will be held on Saturday, 18th July, 2020 to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the first …

Car finance, payday loans and rent-to-own payment holidays could be extended

Scores of drivers could see their car finance payments suspended for three more months under new rules announced by a city watchdog. And they aren't the only ones set to benefit - with payment holidays also extended covering rent-to-own, payday loans …

'Zimbabwe can finance own development'

ZIMBABWE has enough resources to finance its own development if the right mindsets, as well as institutional and legal frameworks, are put in place, a joint report by organisations that promote socio-economic justice and economic governance has revealed. …

PM Minnis has a disaster about to happen in Finance!

Minister of Finance Peter Turnquest speaking on the 12% Vat hike on Bahamians with the press. file The Editor 2nd July 2020 Bahamas Press Nassau Bahamas Dear Sir, The statements by Marlon Johnson Acting Financial Secretary in today’s Guardian Business …

Muthoot Finance to consider stock split, board to meet on July 18

Non-banking finance company Muthoot Finance on Friday said its board of directors will meet on July 18 to consider the proposal for stock split. In a regulatory filing the company said its a meeting of the board is scheduled to be held on July 18, to …

Vatican's new financial regulator vows transparency

Bringing Innovation With Decentralized Projects, An Interview With Serial Entrepreneur Stelian Balta

Singapore, July 04, 2020 (GLOBE NEWSWIRE) -- Having become an entrepreneur at just 16 years old, Stelian Balta is a voracious reader and global investor. He founded HyperChain Capital, one of the earliest and most prestigious crypto funds in the world. …

Ascent Advisers Advises On The Sale Of Firstbeat Analytics To Garmin

HELSINKI, FINLAND, July 3, 2020 /⁨EINPresswire.com⁩/ -- Firstbeat Analytics Oy has been acquired by Garmin Ltd. Firstbeat Analytics is the leading provider of physiological analytics to wearables. Firstbeat Analytics provides the most advanced …

How can US businesses improve competitiveness by using American made machines without a huge investment?

RaaS can be a great cost-effective choice for small and medium sized businesses that would otherwise not be able to afford industrial automation equipment LAS VEGAS, NEVADA, U.S., July 3, 2020 /⁨EINPresswire.com⁩/ -- The AAA20 Group Collaborative …

Digital Consumer Trends that Will Continue to Dominate Daily Life in Africa

Download logo Africa.com kicks off another five sessions of its successful webinar series in partnership with faculty from Harvard Business School, Crisis Management for African Business Leaders - the largest ever gathering of c-suite executives in Africa. …

Bazis Survey: Construction and mining businesses down nearly 40% on average since start of COVID-19 pandemic

However, companies working in construction and mining sectors have mixed feelings on how the pandemic will impact economic recovery in their markets NAPERVILLE, IL, USA, July 3, 2020 /⁨EINPresswire.com⁩/ -- Global B2B market research firm Bazis …

IRS Reveals Surprising US Expat Tax Filing Habits

The IRS 2019 Data Book released this week reveals some surprising details about the way Americans living abroad file US taxes. NEW YORK, NEW YORK, US, July 3, 2020 /⁨EINPresswire.com⁩/ -- All American citizens, including those living abroad, are …

New Book on Living a Successful and Balanced Life Achieves #1 Amazon Bestseller Status on Launch Day

FRESNO, CALIFORNIA, UNITED STATES, July 3, 2020 /⁨EINPresswire.com⁩/ -- Ignite Press announced this week that Collette Chambers Ogrizovic’s new book, A F.R.E.S.H. Start: The 5 Secrets for Creating the “Total You”, became a #1 bestseller on Amazon …

U.S., CHINESE & WORLDWIDE BANKNOTES, SCRIPOPHILY, COINS AND HISTORIC EPHEMERA OFFERED AT PUBLIC AUCTION JULY 7 & 8, 2020

The auction by Archives International Auctions will be held at their offices in River Edge, N.J. Offering Rare Banknotes, Coins, Autographs, Stocks and Bonds RIVER EDGE, NJ, UNITED STATES, July 3, 2020 /⁨EINPresswire.com⁩/ -- The July 7th and 8th, …

Docufraud Canada Advises Provincial Court of British Columbia Announcement “Be Prepared To Proceed”

Docufraud Canada an expert forensic examiner is preparing cases for matters relating to the submission of handwriting analysis and signature verification VANCOUVER, BC, CANADA, July 3, 2020 /⁨EINPresswire.com⁩/ -- Dwayne Strocen, President of …

Faircourt Split Trust Announces Annual Redemption

/Not for distribution to U.S. News Wire Services or dissemination in the United States/ TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- Faircourt Asset Management Inc., the Manager of Faircourt Split Trust (the “Trust”) (TSX: FCS.UN; FCS.PR.C), …

Blended Learning Market 2020 Analysis to 2025 – Application, Emerging Trends and Leading Players

Wiseguyreports.Com Adds “Blended Learning -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database PUNE, MAHARASHTRA, INDIA, July 3, 2020 /⁨EINPresswire.com⁩/ -- Blended Learning Industry …

Working Opportunity Fund Provides Update on Commercialization Series

VANCOUVER, British Columbia, July 03, 2020 (GLOBE NEWSWIRE) -- Working Opportunity Fund (EVCC) Ltd. (“WOF” or the “Fund”) declares a $3.8 million dividend for the Fund’s Commercialization Series and announces it is closing redemptions. The $3.8 million …

Artificial Intelligence In Wealth Management To Provide Hybrid Services

The Business Research Company’s Wealth Management Market By Type Of Asset Class (Equity, Fixed Incomes, Alternative Assets And Others) – Global Forecast To 2023 LONDON, GREATER LONDON, UK, July 3, 2020 /⁨EINPresswire.com⁩/ -- Wealth management …

Pressure Technologies plc Disposes of Equity Securities of Greenlane Renewables Inc.

VANCOUVER, British Columbia, July 03, 2020 (GLOBE NEWSWIRE) -- Pressure Technologies plc ("Pressure Technologies") announced today that, through a series of trades on July 2, 2020, it has disposed of ownership and control of 7,663,920 common …

Health Insurance Exchange (HIX) Market 2020, Global Industry Analysis, Size, Share, Growth, Trends and Forecast - 2025

A New Market Study, titled “Health Insurance Exchange (HIX) Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports. PUNE, MAHARASTRA, INDIA, July 3, 2020 /⁨EINPresswire.com⁩/ -- Summary A New Market Study, …

Canadian Utilities & Telecom Income Fund Declares Monthly Fund Distribution

TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: UTE.UN) Canadian Utilities & Telecom Income Fund declares a monthly fund distribution in the amount of $0.05250 per unit, payable on July 31, 2020 to unitholders of record on July 15, 2020. For further …

S Split Corp. Declares Monthly Distribution

TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on July 31, 2020 to shareholders of record on July 15, 2020. Due to the decline in the net asset value (“NAV”) per unit below $16.50, …

Premium Income Corporation Announces Quarterly Distribution

TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation has declared quarterly distributions payable on July 31, 2020 to shareholders of record on July 15, 2020 in the following amounts per share: Share Class Ticker …

Core Canadian Dividend Trust Declares Monthly Fund Distribution

TORONTO, July 03, 2020 (GLOBE NEWSWIRE) -- (TSX: CDD.UN) Core Canadian Dividend Trust declares a monthly fund distribution in the amount of $0.02318 per unit, payable on July 31, 2020 to unitholders of record on July 15, 2020. For further information, …

Baudax Bio Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

MALVERN, Pa., July 03, 2020 (GLOBE NEWSWIRE) -- Baudax Bio, Inc. (Nasdaq: BXRX), a pharmaceutical company focused on therapeutics for acute care settings, today announced that the Compensation Committee of Baudax Bio’s Board of Directors approved …