TOKYO — Japan’s financial regulator will tell lenders next year to put more emphasis on turnarounds for troubled borrowers, in a shift from the cash flow support provided during the COVID-19 pandemic, Nikkei has learned.Under revised guidelines due out next spring from the Financial Services Agency, borrowers are to be steered toward decisive restructuring rather than…

The sun fades over the Dillon Marina and surrounding condominiums on Thursday, Aug. 4, 2022. Liz Copan/Summit Daily News archive The Dillon Town Council approved the second reading of an ordinance Tuesday, Nov. 21, related to a public finance agreement that aims to fund infrastructure for a proposed redevelopment of the town core. Despite a…

SHANGHAI, Nov 25 (Reuters) – Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoyang Public Security Bureau on Saturday.Zhongzhi earlier this week told investors it is heavily insolvent with up to $64 billion in liabilities, threatening to reignite…

Social Security Income (SSI) recipients are anticipating their December payment date as November comes to an end. Although SSI payments are typically made on a consistent date each month, variations can occur due to weekends and bank holidays.Recipients are advised to stay informed about the specific payment date for November, as it may differ slightly…

25. Nov 2023 at 14:55  I  Advice on loan refinancing dominates Banking and Finance category.Font size:A-|A+  Comments disabled The preparation of transaction documentation for the issue of bank bonds, loan refinancing, and credit financing of large projects appeared among the references provided by the largest law firms in Slovakia.

CalWORKs is a California welfare program providing cash aid and services to eligible families in all 58 counties, locally administered by county welfare departments.The program offers immediate short-term assistance for housing, food, utilities, clothing, and medical care to families in need. Families qualifying for ongoing assistance receive monthly financial support to cover essential expenses such…

The most popular investing strategy in U.S. history made a comeback in 2023. After a carousel of articles labeled it “dead” due to years of underperformance, the vaunted “60-40” portfolio—which allocates 60% of its holdings to stocks and 40% to bonds—has returned more than 11% to investors so far this year. That’s nearly double its…

Nov. 25, 2023 7:00 am ETListen(2 min)A happy holiday shopping season might not end up being an especially cheery time for lenders.Card loans are still growing, on average rising 1.6% in October over September across five big U.S. card lenders, versus a seasonally typical 0.7% increase, according to tracking of the latest monthly data by…

Article contentWhile North American newspapers frown with concern at the resounding Dutch election victory of Geert Wilders, an arguably more interesting crisis in neighbouring Germany is being somewhat overlooked.In 2021, Germany held a Bundestag election that led to an awkward coalition government, with participation from the Social Democrats, the Greens and the Euro-liberal Free Democrats…

Article contentWhile North American newspapers frown with concern at the resounding Dutch election victory of Geert Wilders, an arguably more interesting crisis in neighbouring Germany is being somewhat overlooked.In 2021, Germany held a Bundestag election that led to an awkward coalition government, with participation from the Social Democrats, the Greens and the Euro-liberal Free Democrats…