Stock market news live updates: Stock futures extend declines after hot inflation print – Yahoo Finance
Stock futures dipped Thursday evening to add to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade high print on inflation. Contracts on the S&P 500 fell. The index slid by 1.8% earlier on Thursday and the Nasdaq dropped 2.1%, as […]
Hallowell finance committee revises tax break proposal for ice arena – Kennebec Journal and Morning Sentinel
HALLOWELL — The city finance committee in Hallowell voted Wednesday to recommend revisions to a proposed tax break deal with the Camden National Bank Ice Vault that would substantially reduce the amount of money paid back to the developer. That recommendation, which officials said would result in a net gain of $200,000 for city taxpayers, […]
Banks in India can offer foreign currency-settled rupee derivatives – Business Standard
The Reserve Bank of India has allowed banks in India to offer the offshore Foreign Currency Settled Overnight Indexed Swap (FCS-OIS), helping to improve price discovery and deepen the interest rate derivatives market. This move is also expected to remove the segmentation between onshore and offshore markets. The permission follows the beneficial outcome of allowing […]
Conduct Completed? CSA Publishes Third Draft Of Derivatives Business Conduct Rule – Finance and Banking – Canada – Mondaq News Alerts
After a number of years waiting, the Canadian Securities Administrators (the “CSA“) published a third draft of Proposed National Instrument 93-101 Derivatives: Business Conduct (“Proposed NI 93-101“) and its companion policy on January 20, 2022. This draft is open for a 60-day comment period, which is set to expire on March 21, 2022. A new […]
Brick closes $8.5M seed to enable open finance across Southeast Asia – TechCrunch
Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness or aggregate information from online accounts. Brick wants to simplify the process with a suite of APIs that […]
