Track Financial News

It’s good to know that somewhere out there, there’s a guy in a t-shirt looking to reinvent the banking system.  No, not Sam Bankman-Fried – former Credit Suisse trader Hamza Lemssouguer, whose fund Arini Capital is now proposing to make short term loans to companies with liquidity needs. 

property prices, especially in prime locations. A home loan can help an individual achieve this dream of owning a house. While home loans make owning a home a reality, understanding the procedure of availing the loan can be confusing.

Indian Railways are executing projects better than ever. India has the fourth-largest railway system in the world due to its extensive network of rail tracks that almost encircle the whole country. More than 1.4 million (m) people are employed along its 67,850 km of travel.

₹8,416 crore as on Sept 30, 2023. REIT is a trust that owns, operates or finances income-generating real estate.

Australia has too many brewers and more beer makers will hit the wall financially, predicts the boss of Konvoy Kegs, which rents kegs to 600 brewers in Australia and Asia and just raised $13 million to fund expansion into the United Kingdom and Ireland.

Investing.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ:TSLA) after the world’s most valuable car maker posted weaker-than-expected third-quarter earnings.

By Davide Barbuscia

Investing.com-- Most Asian stocks tumbled on Thursday, with technology-heavy indexes bearing heavy losses tracking a spike in bond yields, while anticipation of a speech from Federal Reserve Chair Jerome Powell also kept investors on edge. 

Investing.com-- Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields before a closely-watched address by Federal Reserve Chair Jerome Powell.

weather changes in Maharashtra city due to a possible cyclonic storm that is expected to develop in the Arabian Sea. The IMD’s weather update on Monday outlined that a low-pressure area is likely to develop over the southeast and adjoining east-central Arabian Sea in the next 48 hours. October to December is among the favorable periods for the development of cyclones in the Bay of Bengal and the Arabian Sea due to warmer ocean temperatures.

ASX’s board of directors has narrowly avoided a second strike at its annual meeting on Thursday, with 21 per cent of shareholders voting against the remuneration report in a strong protest vote as the exchange struggles to restore trust after it announced it had bungled the CHESS replacement project 11 months ago.

New York | Morgan Stanley shares plunged after third-quarter earnings slid amid sluggish results from the firm’s investment bank and a miss in wealth management.

Marvel's Spider-Man 2, which is developed by Insomniac, is set to launch on the PS5 this October. The game is highly anticipated and offers a compelling new story. It also has a long list of villains to fight, making it a thrilling experience for fans. The main story in Spider-Man 2 is expected to be similar in length to the first game. Senior Game Director Ryan Smith mentioned in an interview with VG247 that the overall playtime of the game is in the same ballpark as its predecessor. For reference, the main story of Insomniac's first Spider-Man game took around 17 hours to complete, as per HowLongToBeat. So, players can anticipate a similar playtime for Spider-Man 2 too. When it comes to a completionist run, which involves fully exploring the game and completing all available content, it is estimated to take around 35 hours, according to the pattern established by the first game. However, it's important to note that the distinction between a completionist run and a story run is significant. Spider-Man 2 offers an extended New York City map with numerous side activities and new ways to track them. This added content could result in some variability in the time required for a completionist run compared to the first game.

Morgan Stanley chairman and CEO James Gorman, who is stepping down from that lofty perch next year, said Wednesday morning in a conference call with analysts that a recession is not on the immediate horizon.

nvesting.com — Tesla reported Wednesday quarterly results that missed Wall Street estimates as its recent wave of electric vehicle price cuts weighed on margins.    

Senator Elizabeth Warren (D-Mass.) has called on the Biden administration to address crypto's use as a terrorist financing tool. Her concerns were documented in a bipartisan letter signed by over 100 lawmakers, including Sen. Roger Marshall (R-Kan) and Rep. Sean Casten (D-Ill). 

Investing.com-- Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe haven demand, while copper prices also rose tracking a positive reading on China’s economy.

interest rate decision next week, according to the MNP Consumer Debt Index.The insolvency firm’s quarterly survey tracks how Canadians are feeling about their ability to pay down debt, and the latest instalment released Wednesday shows a mixed picture of worry about handling future rate hikes and some improvements in the ability to cope with higher interest costs.Some 28 per cent of respondents indicated their ability to deal with an additional percentage point of rate hikes had worsened from the previous quarter. Phrased another way, some 37 per cent of respondents said they couldn’t absorb another $130 in interest payments on their debt, compared with 32 per cent in the previous survey.MNP’s Consumer Debt Index is based on Ipsos polling of more than 2,000 Canadians between Sept.

Jimmy Zhong – the $3 billion Bitcoin (BTC) thief behind the Silk Road marketplace hack in 2012 – was ironically caught by investigators after trying to report another crypto thief to the police.

NEW DELHI : Serentica Renewables, a renewable power company promoted by Sterlite Power, is planning to raise ₹5,000 crore debt from a clutch of domestic lenders, two people aware of the development said. The company will use the money to build hybrid solar and wind power projects in Karnataka, Rajasthan and Maharashtra, with commissioning expected to start in 2024-25. This amount will be over and above the ₹5,600 crore that Serentica Renewables raised from Rural Electrification Corp.

Mint examines the concerns related to the transparency and accountability of the scheme, as well as its potential for misuse as a political funding source. Electoral bonds were introduced in the 2017 Union Budget to enhance transparency in political funding. Concerns arose due to donor anonymity and lack of disclosure.