Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
French Finance Minister: we are entering “new era” of higher inflation
PARIS -Inflation will be high in 2022 and although the price pressure should progressively ease next year, France and its partner countries are set to enter into “a new era of higher…
G7 finance ministers pledge more than $24 billion to Ukraine
WASHINGTON – G7 finance ministers said they have provided and pledged together with international community additional support to Ukraine exceeding $24 billion for 2022 and beyond, adding that they were prepared to…
Yellen tells Indonesian finance minister: ‘No business-as-usual’ for Russia
WASHINGTON – U.S. Treasury Secretary Janet Yellen told her counterpart from Indonesia that there will be no “business-as-usual” for Russia in the global economy given its invasion of Ukraine, the Treasury Department…
China to accelerate VAT credit rebates for small firms – finance ministry
BEIJING – China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms. Medium-sized manufacturing firms are allowed to claim VAT credit…
New Zealand should spend cautiously, fiscal rules expected – Finance Minister
By Lucy Craymer WELLINGTON – New Zealand’s finance minister said on Tuesday the government should continue to be careful about spending and flagged the introduction of new fiscal rules in the budget…
Ukraine’s GDP may fall between 30%-50% in 2022 – Finance Minister
(Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. (Reporting in Kyiv by Pavel Polityuk; Writing…
Ukraine’s prime minister, finance officials to visit Washington next week
By Andrea Shalal WASHINGTON – Ukrainian Prime Minister Denys Shmyhal and top Ukrainian finance officials will visit Washington next week during the spring meetings of the International Monetary Fund and World Bank,…
Former Indiana State Senator Pleads Guilty to Federal Campaign Finance Violation and Making False Statements to the FBI
INDIANAPOLIS – Darryl Brent Waltz, 48, of Greenwood, Indiana, pled guilty in federal court today to two felonies: making and receiving conduit contributions, and making false statements to the Federal Bureau of…
British finance minister Sunak requests review of his financial declarations
(Reuters) – Britain’s finance minister Rishi Sunak said on Sunday he had asked Prime Minister Boris Johnson for a review to determine whether he had stuck to the rules on ministerial declarations…
S.Korea’s president-elect nominates conservative lawmaker as finance chief
By Hyonhee Shin and Cynthia Kim SEOUL -South Korea’s incoming President Yoon Suk-yeol on Sunday named Choo Kyung-ho to be deputy prime minister and finance minister, as the country seeks to tackle…
Japan finance panel warns on higher rates pushing up borrowing costs
TOKYO – An advisory panel to Japanese Finance Minister Shunichi Suzuki warned on Friday of a risk of a spike in interest payments on public debt and urged efforts to ensure sound…
Micron names Qorvo’s finance chief as new CFO
(Reuters) – Memory chipmaker Micron Technology Inc on Tuesday named chip firm Qorvo Inc’s finance chief Mark Murphy as its new chief financial officer. Micron lost its former CFO David Zinsner to…
Mexican economy seen growing 3.4% in 2022, says finance ministry
(Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed on Friday, as Latin America’s second-largest economy…
Global green finance rises over 100 fold in the past decade -study
(Reuters) – Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the past decade, a new study from the TheCityUK and BNP Paribas showed.…
Britain’s finance ministry flags reforms, defends regulators
By Huw Jones and Carolyn Cohn LONDON – Britain’s finance ministry flagged several reforms on Thursday and defended regulators from criticism they are too slow to license firms, saying flawed applicants must…
Mexico finance panel notes risk of credit rating action on sovereign, Pemex
MEXICO CITY – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos (Pemex). The…
Sharp’s Moonsun Park Recognized as NJBIZ Leader in Finance 2022
For the past 24 years, Moonsun has led many changes and improvements to various financial aspects of the business at Sharp. As the head of accounting, procurement and facilities, she has played…
EY Brexit tracker finds 7,000 finance jobs have left London for EU
By Huw Jones LONDON – More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in December, consultants…
EU advisers propose expansion of sustainable finance rules
By Simon Jessop and Kate Abnett LONDON – European Commission advisers on Monday proposed an expansion of the bloc’s sustainable finance rules to better grade activities such as gas-fired power plants that…
EU recovery fund could be repurposed over Ukraine – German Finance Minister
BERLIN – The European Union recovery fund set up to help the bloc recover from the COVID-19 pandemic could be repurposed in light of the war in Ukraine, German Finance Minister Christian…
Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister
SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal and monetary policy measures if a worsening…
Turkish finance minister says rise in energy prices accelerating inflation
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower it, adding that…
U.S. Treasury official sees modest uptick in crypto illicit finance, but transactions small
By Andrea Shalal and Hannah Lang WASHINGTON – U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the transaction volume…
Russian finance ministry says it has met coupon payment obligations in full
– Russia’s finance ministry on Friday said it had fully met its obligations on paying coupons on dollar-denominated Eurobonds due in 2023 and 2043, and said payment agent Citibank had received the…
China cuts income tax for some small firms to 20% – finance ministry
BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support…
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