CashNews.co As AI transforms Indiaās financial markets, balancing innovation with robust regulation becomes vital to securing a stable, fair future. The rapid integration of Artificial Intelligence into Indian financial markets signifies a transformative era with immense potential but substantial challenges. As AI algorithms reshape trading, investment, and risk management, stakeholders must navigate the complex landscape […]
Singapore oil trader sentenced to 17 years for ācheatingā HSBC over $112mn #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An octogenarian oil trader has been given a 17-and-a-half-year jail sentence in Singapore for defrauding HSBC, in a long-running case that sent shockwaves through the city-stateās commodity trading sector. Lim Oon Kuin, known as […]
The US dollar surges #NewsMarket
CashNews.co President Joe Biden has authorised Ukraine to launch limited strikes into Russia using US-made long-range missiles, and the worldās largest economies are gathering in Brazil for a G20 summit overshadowed by Donald Trump. The US dollar is rallying, as markets expect that the next administration will reignite inflation. Meanwhile, the president-electās tariff proposals have […]
Janus Henderson files to launch collateralised loan ETF in Europe #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Janus Henderson has filed to launch its first collateralised loan obligation exchange […]
ECB split over report showing big EU banksā capital requirements lower than US rivals #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank is debating whether to publish sensitive research showing capital requirements for big EU lenders would rise by a double-digit percentage if they had the same rules as large Wall Street […]
The yawning investability gap between US banks and UK peers #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Optimists express confidence that the āspecial relationshipā between the US and UK will survive even Donald Trumpās most anarchic instincts. Perhaps. But our governing values and fortunes are now an ocean apart at least […]
Government could force pension funds to invest more in UK assets #NewsMarket
CashNews.co Emma Reynolds, UK pensions minister, has left the door open to forcing pension schemes to invest more in British assets if reforms fail to drive savings into domestic infrastructure and companies. The government announced this week it would create a series of āmegafundsā to steer more of the UKāsĀ Ā£1.3tn defined contribution and local authorityĀ pension […]
Samsung shares rise on ādesperateā buyback plan #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Samsung shares rose more than 5 per cent on Monday in response to a Won10tn ($7.2bn) share buyback plan aimed at boosting its stock, which had fallen to four-year lows last week. The worldās […]
When should you stop paying your credit card bills? #CashNews.co
Cash News It’s generally never a good idea to stop paying your credit card bills. Missing a payment by a single day can be costly, and the longer you go without paying the minimum amount due, the more damaging it can be to your credit score and financial well-being. That said, there are some situations […]
What to do when your credit card application is denied #CashNews.co
Cash News Youāve done the research, found the best credit card for your wallet, and filled out your application. So while you hope for a ācongratsā email to hit your inbox, receiving a denial letter instead can hurt. Not only does a credit card rejection mean you wonāt get access to the new card, but […]