Tag: finance yahoo

New Zealand budget plan offers modest financial relief ahead of election

Posted on | By s1mple

WELLINGTON, New Zealand (AP) — Months before an election, New Zealand’s government on Thursday offered some modest financial relief to many people by making most prescription medicines free and increasing subsidies for child care and public transportation.

But the government’s annual budget plan was notable for its lack of big new initiatives. Since taking office earlier this year, Prime Minister Chris Hipkins has promised a back-to-basics approach and axed many of the more ambitious — and contentious — plans of his predecessor, Jacinda Ardern.

Finance Minister Grant Robertson said the budget was all about doing the basics well.

“It’s pragmatic

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Read More » New Zealand budget plan offers modest financial relief ahead of election

Asian finance leaders look to improve market safeguards

Posted on | By s1mple
  • ASEAN+3 finance leaders meet in Incheon, South Korea, Tuesday
  • Japan hopes to propose strengthening currency swap lines
  • Expansion will offer better safeguards vs pandemics, disasters

INCHEON, May 2 (Reuters) – Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding needs during pandemics and natural disasters, as global recession fears and volatile financial markets cloud the economic outlook.

The impact of US interest rates increasing on the region’s capital flows may also be discussed when finance ministers and central bank chiefs of ASEAN+3 – which groups the 10-member Association of Southeast Asian Nations (ASEAN)

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RenQ Finance (RENQ) Eyes a Massive Launch, 87% of the Last Stage of Presale Filled With Ease

Posted on | By s1mple

Mahe, Seychelles – (NewMediaWire) – May 10, 2023 – RenQ Finance (RENQ) has been making waves in the cryptocurrency world with its unique features and innovative approach to decentralized finance. The platform is designed to provide a one-stop-shop solution for all DeFi needs, from yield farming to staking and governance. RenQ Finance has also been gaining a lot of attention for its impressive presale, which is set to end soon.

Let’s take a closer look at the RenQ Finance presale and what investors can expect from the platform in the future.

What is RenQ Finance?

RenQ Finance is a decentralized

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Read More » RenQ Finance (RENQ) Eyes a Massive Launch, 87% of the Last Stage of Presale Filled With Ease

Are Finance Stocks Lagging AllianceBernstein (AB) This Year?

Posted on | By s1mple

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alliance Bernstein (AB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

AllianceBernstein is one of 874 companies in the Finance group. The Finance group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16

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Jeb Bush questions Trump indictment, says jury should be ‘the voters’

Posted on | By s1mple

Former Florida Gov. Jeb Bush, who ran for president in 2016, questioned the indictment that the Manhattan grand jury issued against former President Trump on Thursday, saying the jury in deciding the case should be “the voters.”

Bush, the brother of former President George W. Bush, tweeted on Saturday that the case against Trump over the hush-money payment that former Trump attorney Michael Cohen made to adult film star Stormy Daniels ahead of the 2016 presidential election is “very political” and not based on justice.

He also mentioned that other authorities looking into the case other than Manhattan District Attorney

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Read More » Jeb Bush questions Trump indictment, says jury should be ‘the voters’

TikTok can serve up bad tax advice, tax pros warn

Posted on | By s1mple

Some Americans are turning to social media for tax advice, ranking tax pros who point out that some of those tips are misleading or flat out wrong.

The hashtag taxes — or #taxes — trended on TikTok in the last two weeks, boosting its rank to number three on the financial services chart, surpassing another popular search, #emoney. In the last seven days, content related to taxes and the IRS generated 41 million views on the social media platform.

A quick tour reveals popular videos sharing “secret tax tips” or “deductions you didn’t know.” These range from ways to use

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Read More » TikTok can serve up bad tax advice, tax pros warn

Indian authorities accuse the BBC of tax evasion after searches

Posted on | By s1mple

NEW DELHI — India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income and profits from its operations in the country.

Indian tax authorities ended three days of searches of the British broadcaster’s New Delhi and Mumbai offices on Thursday night. Opposition political parties and other media organizations have criticized the searches as an attempt to intimidate the media.

Critics of Prime Minister Narendra Modi have questioned the timing of the searches, which came weeks after the BBC aired a documentary in the UK that was critical of Modi.

“The

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Prospects rise for NY charges against Trump in Stormy Daniels case

Posted on | By s1mple

New York District Attorney Alvin Bragg’s latest moves suggest prosecutors are nearing a decision about charging former President Trump in connection with a $130,000 hush payment to adult film star Stormy Daniels before the 2016 presidential election.

The Manhattan district attorney’s office this week escalated the fight by empaneling another grand jury in the case and presenting witnesses.

Legal experts and a former colleague of Bragg’s said the Democratic attorney’s actions indicate prosecutors are edging closer to possible charges against Trump.

“If they were actually presenting witnesses, the first thing I said would be, ‘Oh, this is real. They’re going

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Read More » Prospects rise for NY charges against Trump in Stormy Daniels case
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