CashNews.co 1 By Alexander JonesInternational Banker On October 31, the Bank of Japan (BoJ) announced its decision to maintain its key policy rate at the ultra-low level of 0.25 percent, which was still its highest level since 2008. This move surprised very few. Rates were hiked in March for the first time in 17 years, […]
India fires warning shot with rejection of finance deal at COP29 #IndiaFinance
CashNews.co India gave a fiery speech after UN talks approved a new climate finance goal, suggesting rich nations are failing in their duty to help the Global South As COP29 wound up in the early hours of Sunday, Indiaâs fierce objection to the climate finance deal that was the summitâs main outcome showed its resolve […]
From COP29 to Mansion House, has the UK reclaimed climate leadership? #UKFinance
CashNews.co A wave of recent domestic and international announcements signal serious intent from the new government to make the UK a clean energy superpower and green finance capital. Will they be enough to cement leadership status?
Freddie Mac Halts Quoting Texasâ Affordable Housing Loophole #NewsUnitedStates
CashNews.co An opening for Texas multifamily syndicators has shrunk after Freddie Mac paused a favored financing instrument. Freddie has halted quoting new deals involving traveling Housing Finance Corporations, a funding loophole that allows developers to avoid property taxes and mitigate financial risk, the Promote reported. Texas HFCs were designed to encourage affordable housing across multiple […]
Finance Minister Sitharaman highlights India’s commitment to African nations #IndiaFinance
CashNews.co Home » Diplomacy » Finance Minister Sitharaman highlights Indiaâs commitment to African nations Washington D.C., Oct 27 (SocialNews.XYZ) Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has highlighted India’s commitment towards African countries which has been redefined by Prime Minister Narendra Modi, particularly in areas such as infrastructure development and healthcare and also […]
Housing Finance Corporation Loophole Criticized in Texas #NewsUnitedStates
CashNews.co Texasâ multifamily syndicators are exploiting a loophole in one of the stateâs housing programs as a way to salvage underperforming real estate projects. With rising interest rates, flat rent growth, and sky-high property taxes making many projects unviable, housing finance corporations have become an essential tool for developers trying to turn a profit on […]
Sukuk: Another Milestone in Islamic Finance Industry in Nigeria- Prof. AbdulRazzaq AbdulMajeed Alaro #IndustryFinance
CashNews.co As the first ever Nigerian sovereign Sukuk issued in 2017 matured and was finally settled. This is another Milestone in Islamic Finance Industry in Nigeria, according to Prof. AbdulRazzaq AbdulMajeed Alaro. Sukuk, a form of Public Private Partnership (PPP), was among the funding options adopted by the Federal Government (FG) under former President Muhammadu […]
The Crypto Industry Could Decide the Fate of the Senate #CriptoNews
Cash News Crypto industry super PACs have now poured $120 million into 2024 elections, backing a blend of Republicans and Democrats in key races. Sen. Sherrod Brown (D-Ohio) leaves the U.S. Capitol, July 11, 2024. (Tierney L. Cross/Getty Images) The cryptocurrency industry has rapidly become a behemoth in the 2024 election cycle, with a trio […]
Financing a more equitable climate future across U.S. industries #IndustryFinance
CashNews.co The U.S. relies on a variety of industries to drive economic growth and provide many different goods for households and other consumers across the country. However, producing and consuming these goods can leave significant climate impacts. The energy intensity and greenhouse gas (GHG) emissions resulting from several industrial processesâincluding the production of steel, cement, […]
India: Fuelling Transition Financing #IndiaFinance
CashNews.co 1 By Dr. M. Jayadev, Professor of Finance and Accounting, Indian Institute of Management Bangalore (IIMB) Â Â Â The challenging task before global financial markets and intermediaries is sustainability; conventional finance is grounded in efficient market theory, while the modern finance paradigm focuses on the environmental and social consequences of firmsâ investment and […]