Sunday, Nov 24, 2024

International Finance

Tag : IFM

Economy

Panama and Japan reach $2.6 billion agreement to fund Panama Metro

International Finance Desk
by International Finance Desk
Project will benefit more than 500,000 people; represents first Japanese monorail in the Americas April 22, 2016: The Republic of Panama announced the signing of a historic agreement with the Government of Japan valued at PAB/USD $2.6 billion to fund the construction of Line 3 of Panama’s Metro, the largest project in Panama since the...
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FinanceIslamic Banking

Non-banking financial companies leading the way in India

International Finance Desk
by International Finance Desk
An update on the status of Islamic finance in India Camille Paldi April 22, 2016: India is a continent full of entrepreneurs, accountants, lawyers, IT practitioners, bankers, finance professionals and more, and is projected to become one of the two largest economies alongside China in this century. Although operating in a caste system with a...
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Fintech

Tech veterans to promote product startups

International Finance Desk
by International Finance Desk
Introduce Rs 125 crore fund called Ideaspring Capital IFM Correspondent April 27, 2016: In order to promote home-grown product startups, angel investors Naganand Doraswamy and Prashant Deshpande; T V Mohandas Pai, co-founder of venture capital firm Aarin Capital; Rajiv Mody, managing director of Sasken Technologies; and Amit and Arihant Patni, founders of Nirvana Venture Advisors...
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Uncategorized

Fidelity taps Alpha Factor Library

International Finance Desk
by International Finance Desk
The S&P Global Market Intelligence product helps investors identify and analyse investment opportunities April 22, 2016: S&P Global Market Intelligence, a division of McGraw Hill Financial (NYSE: MHFI), has announced that Fidelity Investments has selected the US Value Model from its unique Alpha Factor Library to help customers identify or validate attractively priced stocks with...
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Fintech

BrickVest raises £1 million

International Finance Desk
by International Finance Desk
Platform has already attracted 1,120 international members April 22, 2016: BrickVest, the online pan-European real estate investment platform, announced that it has raised £1 million, closing two oversubscribed investments two months after launch. The platform has already attracted more than 1,120 international members. The BrickVest platform provides investors online access to institutional quality commercial real...
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Fintech

Yahoo not ready to reveal details on bids

International Finance Desk
by International Finance Desk
Reports first quarter earnings; results in line with analysts’ expectations IFM Correspondent April 20, 2016: Yahoo on Tuesday announced its first quarter earnings which were better than what Wall Street had estimated. The company posted adjusted first quarter earnings per share of 8 cents, compared to 15 cents per share in previous year.  Gross revenue...
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Fintech

Is anyone keen on Yahoo earnings?

International Finance Desk
by International Finance Desk
What will be of interest will be some sort of news on the bidders’ front IFM Correspondent April 19, 2016: Yahoo is all set to announce its first quarter earnings on Tuesday April 19. But perhaps, this is the first time in its history that not many will be keen on its top line or...
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Economy

Dubai to host creative ideas, entrepreneurs at DAFZA

International Finance Desk
by International Finance Desk
The groundbreaking of first global incubator for innovation in Islamic economy took place on March 30 April 18, 2016: The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority (DAFZA) officially launched the digital portal of the ‘Oasis of Innovation in Islamic Economy’ concurrently with the groundbreaking of the first global oasis...
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Fintech

£390mn in foreign reserves languishing in British sock drawers

International Finance Desk
by International Finance Desk
Study suggests that millions in ‘leftover’ currency from holidays and trips abroad is discarded April 18, 2016: There could be a hidden cost of travel abroad – and it’s not what many of us would expect.  According to research from Xpress Money Services, up to £390million in unchanged foreign currencies remains tucked in jars and...
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Banking

KBL epb expands UK and Dutch operations

International Finance Desk
by International Finance Desk
Announces acquisition of Insinger de Beaufort April 14, 2016 : KBL European Private Bankers (KBL epb) – a pan-European network of private banks, present in the UK via its affiliate Brown Shipley – announced that it has entered into a preliminary agreement to acquire Insinger de Beaufort, a leading private bank in the Netherlands that...
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