June 22, 2025

Finance

Finance

SIDS must hold major banks, rich nations to account on climate finance pledge

Minister without portfolio in the Ministry of Economic Growth and Job Creation with responsibility for water, environment, climate change and the blue and green economies, Matthew Samuda (left) greets Dr Milton Clarke, environmental specialist at the Jamaica Social Investment Fund (JSIF), while Dr Kishan Khoday, UNDP resident representative for The Bahamas, Belize, Bermuda, Cayman Islands,

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Finance

Solana treasuries get bullish Wall Street forecast but Mutuum Finance (MUTM) is the next Crypto to explode

Wall Street’s optimism for Solana treasuries is surging, yet Mutuum Finance (MUTM) is stealing the spotlight as the next crypto to explode. Financial giant Cantor Fitzgerald recently launched coverage for Solana treasury companies, assigning an overweight rating and signaling strong growth potential.  Analysts predict Solana’s blockchain could dominate digital finance, boosting firms holding SOL. However,

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Finance

Cyprus Business Now: GDP forecast, Finance Minister, CSE privatisation, CySEC

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. At the same time, a significant reduction in the inflation estimate was also recorded, now set at 1.5 per cent from the previous

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Finance

LIC Housing cuts home loan rates to 7.50% from June 19

Tribhuwan Adhikari, MD and CEO, LIC Housing Finance LIC Housing Finance has reduced its rate of interest on new home loans by 50 basis points, in line with the similar degree of repo rate cut by the Reserve Bank of India (RBI). With this revision, interest rates on new home loan sanctions will now start

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Finance

Arrests for tax fraud: Major changes made in ST law thru finance bill – Budget 2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in sales tax law through Finance Bill (2025-26) for the arrest of those involved in tax evasion or tax fraud. According to a statement issued by the FBR on Friday, Finance bill is currently being discussed in the National Assembly and among various business

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Finance

Arrests for tax fraud: major changes made in sales tax law thru Finance Bill – Budget 2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in sales tax law through Finance Bill 2025 for the arrest of those involved in tax evasion or tax fraud. According to a statement issued by the FBR on Friday, Finance bill is currently being discussed in the National Assembly and among various business

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Finance

Garden Finance Laundered Lazarus Hack Funds

Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X, ZachXBT claimed that over 80% of Garden’s recent fee revenue stemmed from illicit transactions allegedly tied to the

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Finance

Logan Ridge Finance Corporation Announces Shareholder Approval of Merger with Portman Ridge Finance Corporation

NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that it obtained shareholder approval for the merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) following the special meeting of shareholders held on June 20, 2025. LRFC

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Finance

Senate Finance Committe Releases QOZ Investment Revisions

On June 16, 2025, the Senate Committee on Finance released its initial version of revisions to the “One, Big, Beautiful Bill” the House of Representatives passed last month. Included in this proposed language (the Senate Proposal) are amendments regarding Qualified Opportunity Zone (QOZ) investments. Background Under current law, taxpayers can obtain the income tax benefits of the

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Finance

Budget FY25-26: Finance bill still being discussed, says FBR – Markets

The Federal Board of Revenue (FBR) on Friday said the Finance Bill 2025 was still being discussed in the National Assembly (NA) and among various business circles. The FBR’s statement comes as “a number of news stories in the digital and print media give the impression that some of the amendments introduced in the finance

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