Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

Bitcoin and other cryptocurrencies will dramatically increase the effectiveness of the financial industry. Bitcoin is an efficient alternative in countries with unstable economies, according to a study recently published by Infiniti Research. Cryptocurrencies Impact the Financial Industry The rate at which research reports about Bitcoin 00 and other cryptocurrencies are being published is increasing. The […]

Turkish lira tumbles further as crisis mounts

Turkish lira tumbles further as crisis mounts

Claire Jones in Frankfurt, Ayla Jean Yackley in Istanbul and Martin Arnold in London August 10, 2018 Print this page The Turkish lira has tumbled nearly 12 per cent against the dollar as concern over Europe’s exposure to its recent fall overshadowed promises by the Turkish government to bolster the economy. The currency fell to […]

Manappuram Finance net profit up 21% at Rs 200 crore in first quarter

Manappuram Finance net profit up 21% at Rs 200 crore in first quarter

Manappuram Finance today reported 21 percent rise in its net profit at Rs 199.99 crore in first quarter ended June of this fiscal. There was a net profit of Rs 165.39 crore in the similar April-June period of 2017-18. Total income during the period rose to Rs 947.18 crore from Rs 856.30 crore in same […]

Stockbridge Select Board, Finance Committee seek representation on library board

Stockbridge Select Board, Finance Committee seek representation on library board

By Clarence Fanto, Eagle correspondent STOCKBRIDGE — The Select Board and the town’s Finance Committee have agreed to propose adding town government representation to the private Stockbridge Library Association board of directors. At a joint meeting Monday evening, Finance Committee Chairman Jay Bikofsky cited “the significant amount of money” the town spends to support the […]

Reinsurers Freed From Battle Over Finance Co.'s $26M Award

Reinsurers Freed From Battle Over Finance Co.'s $26M Award

By Jeff Sistrunk Law360 (August 7, 2018, 11:27 PM EDT) — A District of Columbia federal judge on Monday dismissed Vantage Commodities Financial Services LLC’s claims that seven reinsurers must help cover a $26 million arbitration award that the finance company won against its insurer, but he allowed Vantage to proceed with negligence claims against […]

Linked Finance celebrates most successful quarter on record

Linked Finance celebrates most successful quarter on record

Niall Dorrian, CEO of Linked Finance. Image: Linked Finance Peer-to-peer lender Linked Finance has had a stellar second quarter. Irish peer-to-peer (P2P) lending platform Linked Finance has announced its quarterly earnings for Q2 2018 and it has been a remarkably strong period for the company. At this point in the year, total lending is in […]

BCL Finance Group Teams With Tunnel on Film Financing (EXCLUSIVE)

BCL Finance Group Teams With Tunnel on Film Financing (EXCLUSIVE)

New York-based BCL Finance Group, headed by entertainment industry financiers Adi Cohen, Michael Bassick, and Michael Laundon, has signed a film-financing/services deal with Tunnel of Los Angeles. BCL Finance Group completed a deal last year to finance post-production and co-produce the Vietnam drama “The Last Full Measure,” starring Jeremy Irvine, with writer-director Todd Robinson. BCL […]

Campaign finance reports: Out of state money dominates Senate race

Campaign finance reports: Out of state money dominates Senate race

David Beard, The Dominion Post  MORGANTOWN, W.Va. — From mid-April through June, the campaigns for West Virginia’s U.S. Senate seat were only marginally supported by West Virginians. For incumbent Democrat Joe Manchin, 95.4 percent of his individual contributions came from other states. For Republican challenger Patrick Morrisey, the state attorney general, 75.7 percent of his contributions came […]

County finance department honored

County finance department honored

ROSEBURG — Douglas County has received a top award in financial reporting. According to a press release from County Public Information Officer Tamara Osborne, the county received a Certificate of Achievement for Excellence in Financial Reporting by Government Finance Officers Association of the United States and Canada (GFOA) for their comprehensive annual financial report (CAFR) […]