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Category: FINANCE

Posted on August 17, 2026

Janashakthi Finance records 51% increase in Q1 2026-27 PAT

Sri Lanka, Aug. 17 — Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group), has opened the financial year 2026/27 with strong growth across key performance indicators, recording a 51% year …
Posted on August 17, 2026

Find out more as Nigerian companies must cut ties with Iran, North Korea

SEC has ordered capital market operators to restrict Iran and North Korea dealings, citing FATF concerns over money laundering, terrorism financing.
Posted on August 17, 2026

South Korea signs MoU for 320MW green hydrogen complex

Plans for a large-scale green hydrogen complex at Saemangeum in South Korea have been announced following a memorandum of understanding (MoU) between Korea South-East Power (KOEN) and the Saemangeum …
Posted on August 17, 2026

Thai Budget Bill, Spending to Move as Planned, Minister Says

(Bloomberg) — Thailand will push ahead with plans to stimulate the economy and pass the budget for next year as planned, Finance Minister Pichai Chunhavajira said, easing concerns that an ongoing …
Posted on August 17, 2026

Here’s What “Iran’s Secret Plan To Escalate The War” Means For Oil Stocks

The Strait of Hormuz has nearly shut down, Iran’s hardliners reportedly treated the ceasefire as cover to rearm, and oil stocks are sitting on massive year-to-date gains. So why is crude barely moving …
Posted on August 17, 2026

Japan’s 10-year bond yield hits a 30-year high as growth data disappoints

Japan’s 10-year government bond yield climbed to its highest level since 1996 on Monday as fresh data showed the world’s fourth-largest economy grew far more slowly than expected in the second quarter …
Posted on August 17, 2026

Bangladesh starts liquidating failed lenders as bad loans near a third of all credit

By Ben Aris in Berlin Bangladesh’s central bank has begun liquidating its first failed lenders, a milestone in the clean-up of a banking system hollowed out under ousted premier Sheikh Hasina.
Posted on August 17, 2026

India to announce banking reforms committee soon, says finance minister

The finance minister said the department of financial services (DFS) had prepared thematic papers on seven subjects.
Posted on August 17, 2026

Guangdong Launches ‘Token Loan’ to Finance China’s Booming Computing-Power Sector

Guangdong province has recently launched the “Token Loan,” which is the southern Chinese province’s first dedicated financial product for the “token economy,” aimed at better serving computing-power …
Posted on August 17, 2026

Iran’s 134% food inflation bites hard: Meat, coffee and dairy quietly disappear from household tables

Multiple reports suggested that the war with the US and Israel has ruined tens of millions of households in Iran. Prices are up somewhere between 60 and 88 percent over the year, while food in Iran …

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