Pool Financial News

Crypto exchange Bybit is hosting the ultimate decentralized trading (DEX) showdown, and you simply can’t miss the chance to help your favorite Web3 project become the leader while earning MNT crypto rewards yourself.

Canadian Imperial Bank of Commerce is assessing investors’ interest in a significant risk transfer transaction that would be linked to corporate loans, according to people familiar with the matter.

Mega Dice ($DICE) debuted on the decentralized exchange (DEX) Raydium on Monday after raising over $1.9 million in its recently concluded presale.

A chemical plant fire southeast of Atlanta is still causing trouble two days later

Natasa Stankovic is making headlines once again as she enjoys a refreshing vacation in Goa following her recent split from cricketer Hardik Pandya. The Serbian model and actress has been seen traveling between Serbia and India and is currently in Goa with Aleksandar Alex Ilic, rumored to be Disha Patani’s boyfriend. Aleksandar recently shared a lighthearted video on his Instagram, capturing a playful moment with Natasa in a pool. In the clip, she is seen lounging on a floating swan, while he sneaks up behind her and gives her a playful push. He accompanied the post with mermaid and wave emojis, adding a fun touch to the moment. Natasa was dressed in a stylish black swimsuit, enjoying the sun, while Aleksandar sported swim shorts. In her own social media post, Natasa shared a video from the same pool, showcasing her soaking up the sun on a floating tube, further highlighting her cheerful demeanor during the getaway.

Subscribe to enjoy similar stories. Asset reconstruction companies (ARCs) in India have long been perceived as vehicles solely for the recovery of bad loans, with limited scope beyond securing delinquent assets. Instead of just being agents that buy non-performing loans from lenders for recovery, ARCs should evolve to their full potential into entities that not only recover assets, but also rehabilitate and turn around distressed businesses.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

West Bengal Chief Minister Mamata Banerjee said on Thursday that her government has earmarked land for the establishment of a global capability centre in Kolkata in the semiconductor sector and a detailed discussion was held today with the US Consul General. «We have kept land ready for the purpose of formation of the global capability centre for the semiconductor industry. If this centre is set up, our talent pool will be utilized. It is a big achievement for West Bengal and we are happy. We have been pursuing it for the last three years and huge employment will be generated,» Mamata Banerjee said today. The state government held discussion with the US Consul General today in connection with the semiconductor and Chief Secretary said all support for the hub will be provided. «A team from the Bengal government is holding a discussion presently with their team in Bengaluru. A timeline will be fixed, We have held a meeting with the US Consul General Kathy Giles-Diaz, who was in Kolkata today,» Chief Secretary Manoj Pant said.

Former Bank of Canada governor Stephen Poloz is examining a list of ideas to get the country’s pension funds to invest more in the domestic economy — including the creation of a pooled fund that would make dealmaking easier for some of them.

HDFC Bank Ltd. has sold a housing loan portfolio of about Rs 60 billion ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry. The portfolio was sold to about half a dozen state-controlled banks through private deals, according to people familiar with the matter, who asked not to be identified as the information is not yet public. The Mumbai-based bank also unloaded another pool of car loans worth about Rs 90.6 billion, securitized in a fixed income product called pass-through certificates, the people said. The lender had been engaged in talks — reported in late August by Bloomberg — to offload the pool to about a dozen local asset management companies.

Around 2,000 hotel workers went on strike Tuesday at the world’s largest Hilton hotel and the biggest hotel in Hawaii

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Kiran Rao's Laapataa Ladies has been officially selected as India’s entry for the Oscars 2025 for foreign film category, the Film Federation of India announced on Monday. This Hindi film, a satirical take on patriarchy, was chosen from a pool of 29 films, including prominent titles like the Bollywood blockbuster Animal, Malayalam National Award-winning Aattam, and Cannes winner All We Imagine As Light. The movie was co-produced by Kiran Rao's ex-husband Aamir Khan.

Nisus Finance Services (Nifco), a real estate investment firm, is in the process of raising approximately $200 million from investors in Singapore, the UK, and the Middle East. The inaugural special situations offshore fund has secured $40 million to date and anticipates the first close by March 2025. An offshore entity will act as a feeder or co-investor in the domestic fund and has commitments of around $40 million. «This capital can be invested alongside the domestic pool, which is nearing final closure. We have an additional $160 million under discussion, with interest from HNIs, bank treasuries, and family offices for high-yield assets,» said Amit Goenka, managing director and CEO of Nisus Finance.

Biden was caught on a hot mic telling leaders of the Quad nations that China was testing them, thus reflecting upon the American seriousness of the emerging Chinese threat. Biden's remark came during the Quad Leaders' Summit on Saturday, which was attended by Prime Minister Narendra Modi, Australian Prime Minister Anthony Albanese and Japanese Prime Minister Fumio Kishida. «We believe Xi Jinping is looking to focus on domestic economic challenges and minimise the turbulence in China,» Biden told the leaders at the Summit. His opening remarks were caught on the hot mic as pool reporters were leaving the Summit venue. Biden was heard saying that Chinese President Xi Jinping is «looking to buy himself some diplomatic space, in my view, to aggressively pursue China's interest.»

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Tata Consultancy Services (TCS) on Friday announced the launch of its new delivery centre in Warsaw, Poland, expanding its operations in the country. “With the new delivery centre, TCS expects to double its workforce to 1200-plus in a year to support its further growth in the region. Located in the heart of the city, the new delivery centre showcases TCS’ capabilities across industries and technologies,” the Tata subsidiary said in a statement. Poland is home to one of the largest European technology talent pools and the centre will tap into the growing Polish Information and Communication Technology (ICT) talent pool to support the needs of customers in niche technology skills and cognitive business and domain processes, the statement added.

«The absolute numbers are good. The relative positioning is looking even better with 6.5-7% GDP growth outlook, 12% to 14% corporate EPS growth outlook and that too over a long period of time. So, investors, have really kind of shown a lot of interest, which kind of shows in the numbers that we have been able to pull,» says Mahesh Nandurkar, Jefferies. What is the big understanding of how things are shaping up for the economy and for India Inc? Based on your interactions, both on the record, off the record, inside the conference room, outside the conference room, how is the growth and the earnings picture stacked up? Mahesh Nandurkar: So, I believe that the economic outlook for India is definitely fantastic and the reason why we have that confidence and continue to get that confidence reinforced is when you look at the investment activities in the economy, the fixed capital formation is rising, and it is always investments driven growth is more sustainable, investors like it, it broad bases the market, creates more options and opportunities.

HDFC Bank hopes to complete a planned sale of loans worth more than Rs 90 billion ($1.08 billion) — its largest to date — by the end of September, three sources aware of the matter said on Thursday. The sources requested anonymity as they are not authorised to speak to media. HDFC Bank did not immediately reply to a Reuters query.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

«It is a huge responsibility to sit in the Treasury as the first female chancellor of the exchequer and be able to use my position to improve life for women across the UK – one that I do not take lightly,» Reeves said at a ‘Women in Economy' event hosted at Number 11. «By backing the Invest in Women Taskforce we can establish one of the world's largest dedicated investment funding pools for female-powered businesses, helping grow our economy,» the chancellor added. Women in Investment Awards winner's interview: Nicola Day from Greenbank Investments Her endorsement comes as found fe...