The velocity of cash decides the speed at which one achieves economic opportunity. Assume your money is stopped in an investment account, low yielding premium record, or speculation level or traveling south. It will take an extended effort to duplicate itself and bring the necessary returns expected to achieve money […]
British Land chooses finance chief Simon Carter to take over as CEO from Chris Grigg
British Land 100 liverpool st London property giant British Land today announced its chief financial officer Simon Carter would take over from long-running boss Chris Grigg. Grigg’s plans to retire emerged early in the year but no successor had been appointed until now. He oversaw 11 years of dramatic change […]
Trump says he’s open to investigation into Postmaster General DeJoy amid alleged campaign finance law violations
President Donald Trump said on Monday he’d be open to an investigation into Postmaster General Louis DeJoy amid allegations that DeJoy encouraged his employees to make donations to Republican fundraising causes and then reimbursed them through bonuses. The president, when pressed ABC News Correspondent Kyra Phillips, at first said, “I […]
Israeli business delegations led by banks Hapoalim, Leumi to visit UAE
TEL AVIV (Reuters) – The heads of Israel’s two biggest banks will travel to the United Arab Emirates (UAE) this month, the first such visits since the two countries agreed to normalize relations. One delegation led by Bank Hapoalim <POLI.TA> will leave on Sept. 8 and visit Abu Dhabi and […]
Thailand’s Finance Minister Resigns Less Than Month Into Job
(Bloomberg) — Thailand’s finance minister resigned less than a month after he took office, injecting more uncertainty into an economy already reeling from its worst crisis in decades. The nation’s currency tumbled the most since July. The resignation of Predee Daochai, a former co-president of Kasikornbank Pcl, will be effective […]
Wealth inequality ‘concerning’ to business leaders: Edward Jones exec
“Leadership and business leadership needs to be thinking about the wealth gap in our economy,” says Pennington, who leads the financial advisory firm Edward Jones, which serves seven million clients in the U.S. and Canada with a combined $1.3 trillion in assets. “As business leaders, by virtue of the business […]
South Africa’s finance minster known for a Twitter roast chicken fail
Tito Mboweni Far from the cliché of a grey-suited quiet man of numbers, South Africa’s Finance Minister Tito Mboweni appears to relish stirring up trouble on Twitter both at home and abroad. His most recent tweets to his more than 870,000 followers criticising the president of neighbouring Zambia earned him […]
Reflecting on International Personal Finance’s (LON:IPF) Share Price Returns Over The Last Five Years
While the broader market lost about 7.0% in the twelve months, International Personal Finance shareholders did even worse, losing 23%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there’s a […]
Germany on ‘road to recovery’ as business morale brightens further
By Michael Nienaber and Rene Wagner BERLIN (Reuters) – German business morale improved more than expected in August as both manufacturing and services picked up steam, a survey showed on Tuesday, boosting hopes that Europe’s largest economy is set for a strong recovery following the massive coronavirus shock. The Ifo […]
How millennials and Gen Z are using TikTok to learn about personal finance
Millennials and Gen Z are not only turning to TikTok for entertainment, they are also using it to educate themselves about personal finance. Here are some of the personal finance TikTokers that are taking the platform by storm. For more like this, follow TMRW on Instagram at @tmrwxtoday. Humphrey Yang […]