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Indonesia central bank, finance minister agree to boost asset yields to aid rupiah
Indonesia central bank, finance minister agree to boost asset yields to aid rupiah JAKARTA, June 6 : Indonesia's central bank chief and finance minister on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks. Bank Indonesia and the finance ministry "will increase the attractiveness of yields" on Indonesian assets "so that portfolio inflows return" to the country, Governor Perry...
Heterogeneous Effects of Green Finance on Urban Decarbonization: Evidence from 285 Cities in China
arXiv:2606.06986v1 Announce Type: new Abstract: While green finance has become a key instrument for low-carbon city transitions, its actual decarbonization effects and transmission mechanisms remain unclear. This study employs econometric models and machine learning-based analysis to examine whether and how green finance reduces city-level carbon intensity. Results show that green finance significantly lowers carbon intensity, with green bonds and green investment having the strongest...
Beatrice and Eugenie's finances laid bare as they lap up royal homes rent-free
Beatrice and Eugenie's finances laid bare as they lap up royal homes rent-free EXCLUSIVE: Princesses Beatrice and Eugenie face renewed scrutiny over their finances after a National Audit Office report revealed that King Charles is footing the bill for their London homes - even though they are not working royals Princesses Beatrice and Eugenie are facing uncomfortable questions about their finances after "extraordinary" revelations about their cushty living arrangements. The sisters retained...
Hong Kong college sues finance head, director and firm over alleged HK$25m fraud
Hong Kong college sues finance head, director and firm over alleged HK$25m fraud Hong Kong Chu Hai College claims misappropriated funds transferred to finance director Ray Yip, Ho Chung-ling and Rivers Design Engineering Hong Kong Chu Hai College has sued its finance head, along with a company and its director, for allegedly embezzling over HK$25 million (US$3.19 million) by disguising the transfers as academic and administrative expenses. The private institution filed the lawsuit in the...
France bans Israel’s finance minister, slams him for promoting ‘recolonisation’ of Gaza
France bans Israel’s finance minister, slams him for promoting ‘recolonisation’ of Gaza France on Tuesday banned Israel’s Finance Minister Bezalel Smotrich from entry, slamming the far-right politician’s calls for the annexation of the occupied West Bank, new settlements in the area and the “recolonisation” of Gaza. Smotrich was among dozens of Israelis who were slapped with sanctions by France, Britain, Canada, Australia, New Zealand and Norway. France on Tuesday banned Israeli Finance...
LIC Housing Finance asked to pay Rs 10 lakh after losing borrower’s original property papers
The Delhi State Consumer Disputes Redressal Commission has upheld a Rs 10 lakh compensation order against LIC Housing Finance for losing a borrower's original property documents after full repayment of a housing loan, holding the company guilty of deficiency in service. A bench comprising Justice Sangita Dhingra Sehgal (President) and Pinki (Member Judicial) dismissed the appeal filed by LIC Housing Finance and upheld the findings of the district forum that the lender failed to return the...
Texas Instruments names insider Julie Knecht as finance chief
Texas Instruments names insider Julie Knecht as finance chief June 2 : Texas Instruments on Tuesday named insider Julie Knecht as its finance chief, succeeding Rafael Lizardi, who will retire after 25 years with the analog chipmaker. Knecht, currently chief accounting officer and vice president of accounting and tax, will assume the role on August 1, while Lizardi will take an advisory role through Aug. 31 to support the transition. CEO Haviv Ilan said Lizardi helped steer the company's...
Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says June 3 : Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding, Goldman Sachs said in a note on Tuesday. Goldman increased its combined capex forecast for the four largest hyperscalers - Meta, Microsoft, Amazon, and Alphabet - to $5.3 trillion between fiscal years...
Japan finance minister repeats readiness to act on forex
Japan finance minister repeats readiness to act on forex TOKYO, June 5 : Japanese Finance Minister Satsuki Katayama said on Friday that the government is prepared to respond appropriately at any time as needed on foreign exchange, as the yen hovered around the key 160-per-dollar level. "On foreign exchange, we will respond appropriately at any time when necessary," Katayama said at a regular press conference. The Japanese yen fetched 160.015 per dollar, after hitting the critical...
Japanese finance minister signals readiness to respond in FX market
Japanese finance minister signals readiness to respond in FX market TOKYO, June 2 : Japanese Finance Minister Satsuki Katayama said on Tuesday the authorities stood ready to respond in the currency market as needed. With the Strait of Hormuz remaining effectively closed, the oil market remains highly volatile, Katayama told a news conference. "We retain our stance of being ready to respond in the currency market as needed," she said.