Home » 2018 » August (Page 3)

Turkish lira recovers as finance chief bids to calm investors

Turkey’s lira continued its recovery on Thursday, ahead of a crucial conference call between the country’s finance minister and international investors. It rose 2.5% in early trading, with one dollar buying 5.8 lira. A diplomatic spat with the US helped send the lira into a tailspin last week and it hit...
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Sundaram BNP Paribas Housing Finance to raise Rs 3,500 crore

City based Sundaram BNP Paribas Home Finance Ltd is planning to raise Rs 3,500 crore during this financial year to fund its expansion plans, managing director of the company Srinivas Acharya said. The company is a joint venture between non-banking finance firm Sundaram Finance Ltd and BNP Paribas Personal Finance....
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67% of finance jobseekers no longer wait on job offers

An overwhelming 88% will quit if the role doesn’t meet their expectations. Singapore’s financial sector is battling skills shortage as 67% of 150 CFOs said candidates have become more unwilling to wait to find out if they got the job compared to 12 months ago, specialised recruitment firm...
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Opinion | Building a green finance market for India

Record-setting heat is creating problems all over Europe. Deadly forest fires have swept across Greece, Germany, Holland, Latvia, Norway, Poland and Sweden. Many countries are still on heat alerts. Outdoor barbecues have been banned. In Finland, fields that had been lush green this time of year for the...
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Ping An Insurance Group considers buying Prudential’s Asian business

Hong Kong/London/Beijing: Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever Chinese acquisition. Ping An has sounded out the Chinese government about whether it would be supportive...
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