May 21, 2024
Funds

China stocks rally after government fund says it will increase stock buys

NEW YORK (AP) — Shares are mixed in Asia, where Chinese markets advanced after a government investment fund said it would step up stock purchases. But the gains in Shanghai, Shenzhen and Hong Kong were much smaller than recent losses. Oil prices rose and U.S. futures were mixed. China’s Central Huijin Investment, a sovereign fund

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Loans

Digital nano-loans as enablers of financial empowerment

Chik Shampoo’s case study on sachets in the 70s often serves as a playbook to tap into India’s billion people-strong potential. What started as a revolution in FMCG has now transcended industries, even reaching financial services. And one such space in the BFSI subset has managed to gain significant momentum: lending. Sachetised loans, also called

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Investors

China markets regulator promises to protect small investors as stocks hit 5 year lows

China’s stock market regulators have renewed their effort to reassure jittery investors by promising to crack down on stock price manipulation and “malicious short selling.” By ELAINE KURTENBACH AP Business Writer February 5, 2024, 3:05 AM ET • 2 min read BANGKOK — Chinese shares gyrated on Monday, sinking to 5-year lows, after stock market

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Investors

Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.

While the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and Federal Reserve Jerome Powell’s comments during the past week could point to the possibility of “no landing,” where the economy is resilient while inflation stays target.   Such a scenario

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Loans

Cherokees receive $500K for small business loans

Cherokees receive $500K grant to create small business loans The Cherokee Nation was recently awarded a $500,000 Rural Business Grant from the U.S. Department of Agriculture to create small business loans that support Cherokee citizen-owned businesses and create community-based jobs. Deputy Chief Bryan Warner accepted the donation during the Oklahoma Tribal Opportunity Partnership Summit in

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Loans

Farmers, Ranchers Now Can Make USDA Farm Loan Payments Online | Business

WASHINGTON, Jan. 29, 2024 – The U.S. Department of Agriculture (USDA) announced today that most farm loan borrowers will be able to make payments to their direct loans online through the Pay My Loan feature on farmers.gov in early February. Pay My Loan is part of a broader effort by USDA’s Farm Service Agency (FSA)

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Property

Property Transfers Published February 3, 2024

The following is a list of more real estate parcels valued at $150,000 or more that have been transferred in the past few months in Richmond and surrounding areas. To our readers: Caroline and Louisa listings will not be included until further notice. 230 E 14th St; Davis Rena A to Rhodes Rachael and Jacob,

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Investment

Wall Street’s biggest bear is leaving Morgan Stanley’s investment committee. What he got right – and wrong about the stock market.

Published: Feb. 2, 2024 at 6:47 p.m. ET One of Wall Street’s biggest bears will be giving up some of his duties, stirring memories for some investors and market mavens of a previous shakeup that proved ill-timed for the market. Mike Wilson will leave his post as chair of Morgan Stanley’s Global Investment Committee but

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Investment

PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership

By DOUG FERGUSON – AP Golf Writer PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal announced Wednesday that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. The launch of PGA Tour Enterprises,

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Investment

Trimble announces share buyback, two new directors after Jana stake

The Trimble logo is displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Industrial technology company Trimble announced on Tuesday it would buy back up to $800 million worth of shares and add two directors to its board, just a few weeks after activist investor Jana Partners disclosed a stake

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