CashNews.co Spanish infrastructure firm Acciona requested up to $600 million in green and sustainability-linked funds from the International Finance Corporation (IFC), the private sector division of the World Bank Group, to fund projects in Brazil and Peru. The proposed funding package would include an A loan for $250 million from IFC’s own account and a […]
CashNews.co ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Chang-Ken Lee, president of Taiwan’s biggest financial conglomerate, Cathay Financial Holdings, says he welcomes rate cuts from the Fed & global central banks. He also weighs in on the Taiwan’s transforming financial industry. 03:53 Tue, Oct 8 202410:29 PM EDT Read […]
CashNews.co More and more money is flowing into political campaigns, from races for state judges and legislators up to U.S. president. Candidates mainly use the funds to buy advertisements on television, as part of a strategy to persuade as many people as possible to turn out and vote for them. But while candidates are using […]
CashNews.co Artificial intelligence is reshaping finance, with PwC forecasting efficiency gains in banking, FINOS introducing an AI governance framework, and Devexperts bringing AI-powered trading to Discord. These advancements underscore AI’s influence across financial services, from boosting security and streamlining operations to enhancing user access and tackling governance issues. PwC: GenAI to Reshape Banking Industry Generative […]
CashNews.co SEOUL (Reuters) – SK Hynix (000660.KS, HXSCL) shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory chips, pulling ahead in a race to meet demand from an artificial intelligence boom. Seoul-listed shares of the world’s second-largest memory chipmaker outperformed its bigger rival […]
CashNews.co Hello and welcome to Eye on AI! In this edition…Governor Newsom vetoes SB 1047; ByteDance plans new AI model based on Huawei chips; Microsoft announces AI models will improve Windows search; and the U.S. Commerce Department sets a new rule that eases restrictions on AI chip shipments to the Middle East. Cerebras has a […]
CashNews.co The PC Money Account now offers a more complete everyday banking solution with no monthly fee, no minimum balance and no minimum term. TORONTO, Oct. 3, 2024 /CNW/ – Today, PC Financial® announced a new savings feature for the PC Money Account, offering Canadians even more ways to earn and now save. Available as an […]
CashNews.co Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jim Cramer is sounding the alarm, but not in the way you might expect. For those bullish on Nvidia Corp (NASDAQ:NVDA) and Apple Inc (NASDAQ:AAPL), Cramer’s latest take might be hard to swallow. Hot Money Streaming Out […]
CashNews.co Nvidia (NVDA) stock rose 4% in Tuesday, notching its fifth straight day of gains. Wall Street analysts at KeyBanc, Citi (C), Bernstein, and several other investment firms reiterated their Buy ratings on the stock this week. KeyBanc analysts raised their fiscal year 2025 sales outlook for Nvidia from $128.5 billion to $130.6 billion, with […]
CashNews.co The recent surge in Chinese stocks hit the pause button on Tuesday after Beijing failed to roll out another large stimulus package, a surprise to investors hoping to add more fuel to the unprecedented rally. Hong Kong’s benchmark Hang Seng Index (^HSI), which is loaded with large Chinese stocks, dropped around 9% on Tuesday, […]