Latest in Kong's Financial
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Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - 3 days ago -
Nintendo unveils Donkey Kong Country at Super Nintendo World in Japan
Nintendo's famous game designer Shigeru Miyamoto showed off the Donkey Kong Country area at Super Nintendo World.Tech - VentureBeat - 3 days ago -
Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.Business - The New York Times - 2 days ago -
Hong Kong still awaits payback from new Spacs regime
Corporate bosses warn tough standards deter blank-cheque companies from listingWorld - Financial Times - Yesterday -
Discover Financial, SEC Working to Resolve Misclassification Matter
The SEC’s comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.Business - The Wall Street Journal - October 16 -
Q3 2024 Webster Financial Corp Earnings Call
Q3 2024 Webster Financial Corp Earnings CallSports - Yahoo Sports - October 18 -
Israel strikes Hizbollah-linked lender in Lebanon
Attacks target militant group’s economic ‘system and strongholds’ particularly those of al-Qard al-HassanBusiness - Financial Times - October 21 -
Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south ...World - The New York Times - October 21 -
The English county facing the biggest financial ‘black hole’
Even in relatively prosperous Hampshire, the cost of providing social care is swallowing up funding for everything elseBusiness - Financial Times - October 22 -
Climate change reshapes cities, both environmentally and financially
In thousands of U.S. towns and cities, worsening climate threats — largely due to fossil fuels — trap cities in a paradox. Big cities like Houston and Tampa, Fla., and smaller ones like Port ...Politics - The Hill - October 25 -
Chronic Diseases Can Come With Chronic Financial Pressure
For millions of Americans, paying for the treatment needed to manage their diseases can become its own lifelong problem.Top stories - The New York Times - November 4 -
The ‘Tesla-financial complex’ roars back to life
Notional trading value of Tesla options hit $245bn on FridayWorld - Financial Times - 3 days ago -
The eerie quietness of India’s new financial hotspot
Narendra Modi’s GIFT City has already lured JPMorgan and HSBC but the social side has been slow to catch upWorld - Financial Times - Yesterday -
England’s universities regulator warns of worsening financial outlook
‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for StudentsWorld - Financial Times - 6 hours ago -
China pledges more financial support for 'whitelist' real estate projects
Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday.Business - CNBC - October 17 -
The WNBA’s historic 2024 season: How rookie stars like Caitlin Clark are helping the league grow
The women’s basketball league will start making an extra $140 million a year starting in 2025.Business - MarketWatch - October 21 -
University of Toronto’s environment school cuts financial ties to fossil fuels
Princeton University, the only other North American school to do so, rolled back its commitment recently. The University of Toronto ’s environment school has announced it will financially ...World - The Guardian - October 20 -
Israel targets Hezbollah's financial arm and begins striking Beirut
Israel’s military says it is now taking aim at the Lebanon-based Hezbollah’s financial arm and plans to attack a “large number of targets” in Beirut and elsewhereWorld - ABC News - October 21 -
Israel Strikes Hezbollah-Affiliated Financial Branches Across Lebanon
The escalation of Israel’s war against the militant group came as rescuers searched for dead and wounded after a devastating Israeli strike in northern Gaza.World - The New York Times - October 21 -
Blasts across Lebanon as Israel targets Hezbollah banks
The Israeli military tells people in more than 20 areas in Lebanon to leave, ahead of its overnight strikes.Top stories - BBC News - October 21 -
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Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
VW fined by UK regulator for treatment of customers in financial trouble
Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowersBusiness - Financial Times - October 21 -
Israel says more strikes are coming against a Hezbollah-run financial institution
Israel says it is planning to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night beforeWorld - ABC News - October 21 -
KKM Financial's Essential 40 stock fund is now an ETF
Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.Business - CNBC - October 21