May 5, 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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Loans

Shopify unveils term loans, lines of credit for merchants

President Harley Finkelstein said new offerings represent the “next evolution of Shopify lending.” Shopify has revealed two new loan offerings to merchants in what the company has called the “next evolution” of its lending business. Shopify Capital has provided cash advances and loans to merchants since 2016. The e-commerce giant has now launched a

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Finance

How to finance a car when you have bad credit

Quick facts about bad-credit car financing: Even borrowers with numbers in the lowest credit score categories may find auto loan financing. You should dispute errors on your credit report when you find inaccurate information that lowers your credit score. Increasing your down payment on the car helps convince potential lenders that you are serious about your finances. Financing a car with

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Investment

2024’s investment targets for CIOs, CIO News, ET CIO

CIOs and senior tech leaders play a crucial role in ensuring their organizations stay ahead. Collaborating with CXOs, they navigate budget challenges and the imperative to adopt transformative technologies. At a time when innovation unfolds by the second, CIOs and senior tech leaders are pivotal in ensuring their organizations remain at the forefront. In collaboration

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Investment

Toronto Stocks Climb; AutoCanada Rises on iA Financial Investment

Published: Dec. 27, 2023 at 12:00 p.m. ET By Adriano Marchese Stocks in Toronto were solidly higher in the first trading day in the shortened week following Christmas Day and Boxing Day in Canada. Nearly all sectors were driving the increase in the session, led primarily by health tech, process industries and materials. Consumer durables

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