Financial technology companies have gained mileage over the last 5 years. Globally, the investment in online MSME finance market has grown by about 45% y-o-y and many billion dollars has been ploughed into startups in the online MSME finance market space in FY’2015 alone. With the influx of investment, finance and banking are being transformed […]
It looks like Alibaba is in the mood for more acquisitions. The company’s recent investment spree — which includes the ongoing $3.5 billion purchase of Youku Tudou and stakes in Groupon, PayTM, Snapdeal and Snapchat — is about to get fresh ammunition after it confirmed that it has closed a $3 billion loan. Confirmation of the deal isn’t unexpected, the Wall Street Journal […]
More When Vermont Senator Bernie Sanders took the stage in New Hampshire on Tuesday night to deliver his victory speech, he asked for campaign contributions in his own way: a cheeky taunt paired with a brazen ask. “I am going to New York City tonight. But I am not going to New York City to […]
i Harlem funeral directors Tamara Bullock and Patricia Hamilton are going to spend their next savings-club payout on a sky-diving trip (unless Bullock can get out of it). Marianne McCune/NPR hide caption toggle caption Marianne McCune/NPR Harlem funeral directors Tamara Bullock and Patricia Hamilton are going to spend their next savings-club payout on a sky-diving […]
If you lend somebody money, they have to pay you back with interest. This is the basic premise of all finance, from street corner loan sharks to Wall Street loan sharks. Bonds are sort of like loans—except you can trade them. Normally, if you buy a bond, the issuing government or corporation agrees to pay […]
It was all eyes on Janet Yellen today as she spoke for the first time following December’s rate hike. Did the market buy what the Fed chief was selling? The Final Round begins at 4 p.m. ET, and Yahoo Finance editor-in-chief Andy Serwer breaks down all the market action. Twitter, Cisco after hours Big reports […]
If you’ve ever bought a car, especially a new one, you’re familiar with captive finance — financing available from the company you’re buying from. On this week’s Industry Focus: Financials, Gaby Lapera and special guest Tyler Crowe lay down the basics of how and why companies have captive finance. Also, what a SIFI designation means […]
What is hindering the availability of public capital and financing options for distributed solar? To some in structured finance, it seems like a great fit: Solar assets produce reliable cash flows, backed by the good credit of customers. Those leases can be pooled and traded as liquid capital. In order to profit from this great […]
Hillary Clinton’s economic agenda targets companies that focus on short-term profits and high-speed trading instead of investing in workers. The Democratic presidential candidate’s finance operation is going after their executives for another purpose — donations. A day after proposing higher capital gains taxes on short-term investors, Clinton raised at least $450,000 Tuesday night at the […]
More in Presidential races Christie to launch 2016 bid next week
Read more »
Christie finance team includes Steve Cohen, Meg Whitman | TheHill – The Hill (blog)}