Latest in Stalls Financial Markets
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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 - 22 hours ago -
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 - 3 hours ago -
Blinken urges Israel to seek enduring deal, as officials say a limited cease-fire has been discussed
Secretary of State Antony Blinken says Israel needs to pursue an “enduring strategic success” in Gaza after its tactical victories against HamasWorld - ABC News - October 23 -
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Israel investigates leaks that appear to have bolstered Netanyahu as Gaza truce talks stalled
An Israeli court has loosened a gag order on a case investigating leaks of classified information allegedly involving one of Prime Minister Benjamin Netanyahu’s media advisersWorld - ABC News - November 3 -
Qatar suspends mediation efforts amid stalled Israel-Hamas cease-fire talks
Qatar, one of the chief negotiators of a potential cease-fire between Hamas and Israel, said it will suspend its mediation efforts, according to officials. The move comes amid growing frustration ...Politics - The Hill - 5 days ago -
EU top jobs hearings stalled by political infighting over hard right alliances
The process of vetting candidates for some of the European Union’s top jobs has bogged down in acrimonyWorld - ABC News - Yesterday -
Emerging markets are having a moment
US interest rate cuts spur reassessment of asset class and bolster its allureBusiness - Financial Times - October 18 -
ESG Roundup: Market Talk
Find insight on energy demand in Southeast Asia, Australia’s net zero target and more in the latest Market Talks covering ESG Impact Investing.Business - The Wall Street Journal - October 22 -
A November Surprise That’s Jostling the Markets
The dollar, Treasury yields and crypto currencies have fallen, reversing some elements of the so-called Trump trade after an unexpected poll result.Business - The New York Times - November 4 -
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
