Bidders on New Jersey Construction Projects Could Soon Be Forced to Disclose Financing Publicly
New Jersey Bill S3481 to Mandate Disclosure of Construction Project Financing TRENTON, NJ – In an effort to increase transparency in government contracting, a new bill proposed in the New Jersey Senate…
IMF says additional financing for Egypt ‘critical’ for success of loan program
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it was holding discussions with Egypt on policies that would make the country’s $3 billion IMF program successful, but…
US short-term financing rate spikes as dealers close books for 2023
By Davide Barbuscia NEW YORK (Reuters) – A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move some market…
World Bank: approved $350 million financing for RISE-II operation in Pakistan
KARACHI, Pakistan (Reuters) – The World Bank’s board of executive directors approved $350 million in financing for the Second Resilient Institutions for Sustainable Economy (RISE-II) operation in Pakistan on Tuesday. RISE-II aims…
Factbox-Rakuten Group’s losses, debt burden and financing efforts
By Anton Bridge TOKYO (Reuters) – Rakuten Group is a Japanese conglomerate centred on an e-commerce website – Rakuten Ichiba – and a suite of online financial services companies including banking, credit…
China asks some lenders to cap interbank financing costs – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring to the…
Marketmind: Fed, financing and jobs greet November
A look at the day ahead in U.S. and global markets from Mike Dolan Investors wishing to put a dark October behind them first need to negotiate Wednesday’s Fed policy decision, Treasury’s…
World Bank explores expanding loan guarantees for private financing
By Jorgelina do Rosario MARRAKECH (Reuters) – The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing…
S.Korea to provide exporters $137 billion of policy financing until yr-end
SEOUL (Reuters) – South Korea will provide up to 181 trillion won ($137 billion) of cheap loans to exporters until the end of this year and waive visa processing fees for Chinese…
South Korea to grant 23 trln won in financing support for exporters
SEOUL (Reuters) – South Korea will expand financing support for exporting companies by around 50% more this year, the financial regulator said on Wednesday, to bolster exports amid persistently weak demand. The…
Apollo Global pulls out of Yellow’s bankruptcy financing plan
(Reuters) – Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund the freight group’s bankruptcy, the Financial Times…
China vows lower business financing costs, support for property sector in H2
BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said on Tuesday amid a flagging economic recovery.…
China pledges financing support for small firms amid weak economic recovery
BEIJING (Reuters) – Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting an urgency among policymakers to revive the private sector amid a flagging…
Exclusive-China’s Qingdao sets up firm to bail out its local govt financing arms-sources
By Samuel Shen and Tom Westbrook (Reuters) – Qingdao city in China’s debt-laden Shandong province has set up a company to bail out its cash-strapped local government financing vehicles (LGFVs), sources said,…
Orpea draws first 200 million euros from new financing as restructuring plan continues
(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation, said on Friday it made a drawdown of 200 million euros ($214.24…
Seven arrested as part of IS financing probe in Germany
BERLIN (Reuters) – German authorities have arrested seven suspected supporters of the Islamic State terrorist group as part of an investigation into terrorist financing, prosecutors said on Wednesday. At the same time,…
IMF staff, Kenya reach agreement on over $1 billion of new financing
By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pressure on…
IMF and Niger reach staff agreement on new $133 million financing
JOHANNESBURG (Reuters) – International Monetary Fund staff have reached agreement with Niger’s government on new financing of around $133 million and the third review of another facility that could lead to a…
Argentina could fast-track Brazilian imports in return for help financing them – sources
By Bernardo Caram BRASILIA (Reuters) – Argentina has offered to fast-track imports from Brazil if its neighbor adopts a new credit system that reduces its dependence on the dollar, which it has…
Exclusive-Kenya expects $1.2 billion Q2 financing boost, seeks fresh IMF funds
By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding from the…
South Korea to offer $5.3 billion in financing to support battery investment in North America
By Heekyong Yang SEOUL (Reuters) – South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in infrastructure in…
Goldman Sachs names Michael Marsh as EMEA financing group head – memo
(Reuters) – Goldman Sachs Group Inc is shaking up the leadership ranks at its global financing group after the Wall Street bank merged its investment banking and trading business into a single…
Pakistan PM says IMF wants external financing commitments met before it releases funds
By Asif Shahzad ISLAMABAD (Reuters) – The International Monetary Fund (IMF) wants external financing commitments fulfilled from friendly countries before it releases bailout funds, Pakistan’s Prime Minister Shehbaz Sharif said on Tuesday.…
Brazil’s Americanas requests financing of at least $197 million -filing
(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according to a securities filing Tuesday. The financing…
Goldman Sachs among investors interested in financing Italy’s Serie A – sources
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business of Italy’s top-flight soccer league, two people…
Sussex County Woman Sentenced to 34 Months in Prison for Concealing Terrorist Financing to Syrian Foreign Terrorist Organizations
NEWARK, N.J. – A Sussex County, New Jersey, woman was sentenced today to 34 months in prison for concealing her attempts to provide material support to Syrian foreign terrorist organizations, U.S. Attorney…
Breaking News
