ABC News - Money
2 hours
U.S. stocks are turning higher as bank stocks recover some ground thanks to an upturn in bond yields, which will make lending money more profitable
The Economist - Business
2 hours
IN BRITAIN alone millions of people make formal complaints each year about their banks. For them, Sebastian Siemiatkowski, founder of Klarna, a Swedish payments startup, brings good news. New European rules, he says, will open the door to a host of innovative services that analyse transactions, so “an app could tell you there’s a cheaper mortgage available and start the switching process for you.” Apps could warn account-holders if they spend more than a predetermined amount or are about to become overdrawn, or even nudge them to save more. Customers need barely ever interact with their bank. To date, despite dire warnings, European retail banking has been remarkably unscathed by technology-driven disruption. Customers stay loyal, and banks still do the most of the lending. Financial-technology (“fintech”) companies are beginning to mount a challenge, most conspicuously in the online-payments industry in northern Europe: Sofort, iDEAL and other fintech firms conduct over half of online transactions in Germany and the Netherlands, for example.
Inc.
4 hours
The small business lending environment has experienced strong growth in recent years, giving you more options than ever.
China Daily
18 hours
TIME - Top Stories
a day
And the way the world of academia is set up, there are plenty of desperate scientists for the hucksters to woo. The publish or perish dictum is a very real thing for researchers and academics whose hopes for career advancement depend on doing work that earns a spot in peer-reviewed journals. There are thousands of legitimate journals out there beyond the well-known powerhouses like Science or the BMJ or Nature itself, but the scientific community is vaster still and the competition for pages is keen. That has led to the rise of a staggering 10,000 predatory journals, which both charge fees to publish unvetted work and recruit scientists to fill editorial positions, lending a patina of credibility to their generally shabby operations and offering a prestigious sounding title to the scientists in return. By 2015, approximately half-a-million dubious papers had been published this way.
Sky News
a day
Peter Cook, alongside you there, lending his expertise. Peter, obviously a really horrifying event for members of the public, but for the police officers would have to put themselves on.
The Sun Daily
2 days
PETALING JAYA: Hwang Capital (Malaysia) Bhd’s net profit for the second quarter ended Jan 31, 2017 fell 7.20% to RM9.01 million from RM9.71 million a year ago due to lower profits across all segments. In a filing with Bursa Malaysia yesterday, the group reported a 9% drop in pre-tax profit during the quarter to RM10.7 million from RM11.7 million a year ago, with the money lending, investment holding and property investment segments all posting lower pre-tax profits. Revenue for the quarter fell 12.88% to RM14.10 million from RM16.19 million a year ago due to the reduction in interest income and fee-based income from moneylending activities as well as the decrease in rental income from property letting. For the six months period, Hwang Capital’s net profit fell 1.21% to RM18.76 million from RM18.99 million a year ago while revenue fell 12.85% to RM28.
The Economic Times
2 days
Similarly banks need fintech companies to truly harness the power of technology. Incumbents cannot afford to resist change in this day and age.” Since 2010, nearly 1,000 fintech companies have perished in India while nearly 900 continue to thrive. According to data with Boston Consulting Group, a staggering 1,181 fintechs were founded in 2015 and that number fell steeply to 546 in 2016. While only 199 fintechs opened shop in 2014. “I dont think every lending or payment fintech will survive in the next three years. If I have to hazard a guess, I would say they will have a high mortality rate,” says Amit Kumar, Partner, Boston Consulting Group. “In the short to medium term, you can finance your way through, you can offer tons of cashback, you can offer massive discounting. But in the long run, will you be able to out discount everyone else? I dont think so.
ITV
2 days
go one. There is no obvious motive but detectives suspect money one. There is no obvious motive but detectives suspect money is the main reason John was attacked. We do know he was very generous. reason John was attacked. We do know he was very generous. A kind person and he was very generous. A kind person and he would help his friends he was very generous. A kind person and he would help his friends by buying them around and he would help his friends by buying them around of drinks, lending money. buying them around of drinks, lending money. It could buying them around of drinks, lending money. It could be that his generosity is lending money. It could be that his generosity is the key to finding.
Sky News
2 days
focus that's been put on the Green Party which seems to be going to vote alongside the SNP with its six votes, lending a majority to the SNP that they didn't win in the 2016 Assembly elections. The Green Party,ing under a lot of fire from the unionists.
Breitbart News
2 days
Lending in the U.S. by foreign banks has started to contract.
Voice Of America
2 days
In 2004, he was widely applauded for lending his support to the LGBT community by coming out in favor of same sex marriage. It was a royal statement that has remained unchanged under current King Norodom Sihamoni. Noun Sidara, coordinator of the Sexual Orientation and Gender Identity (SOGI) project, said the king’s support inspired LGBT activists to stand up and promote their rights for the first time. “Because of the king’s speech in 2004, laws prohibiting gay marriage have been deleted. This has helped the LGBT community in dealing with prejudices. Although there are still no laws to protect LGBTs, this was a very positive sign,” Noun Sidara said. They were tentative first steps, Srun Srorn said, which were helped along by the digital age and online communications, a Cambodian education system that has vastly improved in recent years and successful LGBTs – whether it's in business or life.
The Economic Times
2 days
MacRumors
2 days
Apple's online store has been taken offline for a scheduled "maintenance" break between midnight and 5:30 a.m. Pacific Time. The extended downtime is fueling hopes that fresh hardware will be available when the store is brought back online, as has been the case many times in the past. Apple traditionally invites the media to Special Events to unveil new products, but it does not have one planned for today. Accordingly, any additions or changes to Apple's online store today are likely to be minor, and a press release would be an appropriate medium for sharing the announcements. Lending credence to this theory is that 5:30 a.m. Pacific Time happens to be exactly when Apple typically distributes press releases. Rumors suggest Apple is planning updated 9.7-inch and 12.9-inch iPad Pro models , a 128GB iPhone SE , a red color option for iPhone 7 and iPhone 7 Plus, and new Apple Watch bands, all of which could be minor enough to simply be added to Apple's online store and announced with press releases.
BBC News 24
3 days
BBC News 24
3 days
company challenges charges of corruption. And we will talk about what is going on in Australia's banks, as Westpac faces trial over lending practices
The Event Chronicle
3 days
The Agency’s special relationships with the so‑calledmajors” in publishing and broadcasting enabled the CIA to post some of its most valuable operatives abroad without exposure for more than two decades. In most instances, Agency files show, officials at the highest levels of the CIA usually director or deputy director) dealt personally with a single designated individual in the top management of the cooperating news organization. The aid furnished often took two forms: providing jobs and credentialsjournalistic cover” in Agency parlance) for CIA operatives about to be posted in foreign capitals; and lending the Agency the undercover services of reporters already on staff, including some of the best‑known correspondents in the business. In the field, journalists were used to help recruit and handle foreigners as agents; to acquire and evaluate information, and to plant false information with officials of foreign governments.
The Economic Times
3 days
LONDON: Retail finance promises immense scope of growth in India but any "irrational competition" among players can play havoc, ace banker Deepak Parekh has said while cautioning against lending below the cost of funds. In the financial services space, retail finance is seen as particularly promising in India due to a significant level of under-penetration despite the presence of a large number of players. "So, as far as retail finance is concerned, there is immense scope to grow. (But) it is important to caution that in retail finance, irrational competition can play havoc," Parekh said while delivering a keynote address on financial reforms at the LSE Students' Union India Forum recently here. "When competition is intense, it is easy to gain market share by under-cutting, but it also forces other players to match up and there have been many instances where players have burnt their hands by lending at rates that are below their cost of funds," he added.
CoinDesk
3 days
EVO Reviews
4 days
Decisions like fitting a torque converter automatic transmission and long travel suspension support this claim and go some way to giving the DB11 a distinctly relaxed character on the road. If you are concerned that means the new Aston Martin DB11 has become a little old fashioned then dont worry; the new DB11 is a properly modern piece of kit. The turbocharged engine develops a relentless stream of power, in turn lending the car a newfound sense of effortlessness to your progress – one that not even the DB9 could match. Aston Martin DB11: in detail Performance and 0-60mph time > The DB11 may be the GT of the range, but thanks to that new engine and its excess of mid-range grunt, it will still hit 62mph in 3.7 seconds. Engine and gearbox > The downsized engine may lack the capacity of the old V12, but the new 5.2-litre twin-turbo unit monsters the old engine for torque, yet pleasingly still rewards you for taking it to the redline.
The Sun Daily
4 days
“You would expect as the total loan base increases, so as a percentage of total loans, the NPL ratio has actually fallen slightly,” he said. However, Pong pointed out that it is a bit worrisome for the commercial property segment as its NPL soared to the highest level since August 2010. Pong also expects loan growth to be flat on the back of low approval rate. “I think up to the middle of this year, loan growth will still be quite slow. My impression is that banks are still very tight on its lending standard. There is not much room for the loans to grow,” he said. He added that maintaining the current loan growth of about 5% would be good enough. Given there are still risks lingering around, Lim estimates the year-end target for KLCI to be capped below the 1,800-point mark. Pong anticipates the market will perform well for at least up to late April, with a mid-year target of 1,750 points.
KyivPost
4 days
The International Monetary Fund has postponed its meeting, previously scheduled for March 20, in which it planned to approve its next loan tranche for Ukraine worth $1 billion. According to Ukraine’s Finance Ministry, the IMF first needs to “clarify calculations” regarding the economic impact of the latest events in Ukraine’s war-torn east. The IMF’s four-year lending program worth $17.5 billion started on March 11, 2015. The expected $1 billion will be the fourth tranche that would bring total disbursements to $8.32 billion. The IMF has not yet responded to the comment request from the Kyiv Post. However, the information about the earlier scheduled meeting disappeared from the fund’s website. Seizure of Ukrainian enterprises by the Kremlin-led separatists on the territories, occupied by them, is one of those developments that will be discussed by Ukraine and the IMF.
The Economic Times
4 days
MUMBAI: Adani Enterprises said it would finalise an investment decision by June for its Carmichael coal project in the northern Australian state of Queensland, which has been delayed due to protests from environmental groups. For more than five years, Adani has battled opposition from green groups who fear the project will produce so much coal for export to India that it will require a mega-port expansion into the Great Barrier Reef World Heritage Area. While Adani, a business group with interests in power and ports, has said the project would not threaten the reef and has secured most major state and federal government approvals, it still faces several court challenges. Raising funds has also been tough given the sensitivities of lending to a controversial project. However, the group's chairman, Gautam Adani, expressed optimism the project would proceed and said the board would take a final decision on investments in May or June, including structure and planned funding.
Collective Evolution
5 days
According to many it's the source of energy for material manifestation. This is intriguing, because quantum physics has been showing that human thoughts, intentions, emotions and more could have some sort of direct effect on our physical material world. Modern day scientific theories do not recognize the real existence of Akasha, but the fact that quantum physics has shown us that space is not empty is certainly lending more credibility to this ancient concept, in my opinion. “The aakaash is not destructible, it is the primordial absolute substratum that creates cosmic matter and hence the properties of aakaash are not found in the material properties that are in a sense relative. The aakaash is the eternally existent, superfluid reality, for which creation and destruction are inapplicable....O ur eyes are blind to the reality of spirit, scientific experiments cannot detect it directly, since our experiments can detect only the material properties which are not the attributes of Akasha.