Turkish Lira Resumes Fall as Erdogan Pledges ‘Not to Turn Back’ on Rate Cuts

The Turkish lira continued its free fall after President Recep Tayyip Erdogan dismissed corporate warnings about the dangers of recent interest rate cuts and vowed there would be “no turning back” on its approach. The currency, which has lost 50% of its value against the dollar since Erdogan ordered the …

Read More »

Brokerage firms in talks with regulators to maintain stamp duty rate with cap reinstated

The Association of Malaysian Brokerage Companies (ASCM) said it has proposed to keep the stamp duty on contractual notes for stock trading on Bursa Malaysia at 0.1%, while slightly increasing the current cap of 200 RM. This follows a higher rate of 0.15% as well as the removal of the …

Read More »

OCC Photography receives donation of $ 450,000 | News

The Orange Coast College School of Photography received a $ 450,000 grant from the William, Jeff and Jennifer Gross Family Foundation. Unlike one-time donations, grant money will be invested and used to establish the Jeff Gross Endowment. The annual interest of the endowment will be available to the photography department …

Read More »

Fitch Downgrades Sri Lanka To ‘CC’ Due To Higher Debt Default Risk

COLOMBO, Dec. 18 (Reuters) – Fitch Ratings downgraded Sri Lanka’s sovereign rating from “CC” to “CC” on Saturday, citing a growing risk of default in 2022, despite repeated assurances from the central bank that measures will be taken to meet all refunds. The rating agency said the downgrade was due …

Read More »

Mum and Dad’s Bank: How to Help Your Kids Up the Home Ownership Ladder

Mom and Dad’s bank will always have played a major role in your child’s life, but its most important role so far might be helping them buy their first home. Buying a first time home can be difficult, with sky-high prices and stagnant wages, making homeownership beyond the reach of …

Read More »

Call of Duty Foundation Announces 2021 Seal of Distinction Recipient | Business

SANTA MONICA, Calif .– (BUSINESS WIRE) – December 17, 2021– The Call of Duty Endowment is proud to announce the selection of American Corporate Partners (ACP) as the 2021 recipient of the Call of Duty Endowment Seal of Distinction, the standard of excellence in the veteran employment sector. “ The …

Read More »

Imperial plans $ 1.4 billion in capital spending next year

EDMONTON – Jesse Puljujarvi had two goals and an assist as the Edmonton Oilers managed to come out of a serious crisis by beating the Columbus Blue Jackets 5-2 on Thursday. Derek Ryan, Brendan Perlini and Warren Foegele also scored for the Oilers (17-11-0), who ended a six-game losing streak, …

Read More »

Over 100 U.S. Banks Watch Tassat Group Make First Real-Time Digital Payment Between Two Banks Using Blockchain Technology

NEW YORK–(COMMERCIAL THREAD) –Groupe Tassat inc. unveiled the country’s first real-time digital interbank network (“the Network”) and the technological infrastructure that underpins it with a live demonstration attended by more than 100 banks from across the country. Held today at the Times Center in New York City, the event was …

Read More »

Perskie family expands scholarship endowment in Stockton | Brigantine

Pictured left are Jason Shelly, Bethany Perskie, David Perskie, Pamela Perskie, Joseph Perskie, Barbara and Steven P. Perskie (seated) and their grandchildren Sasha and Elena Perskie. Photo by Donna Connor for Stockton University Diane D’Amico Director of News and Media Relations, Submitted The deputy. Steven P. and Barbara Perskie of …

Read More »