Tokyo, Sydney move to lure Hong Kong financial firms, but Singapore is top draw, Banking News & Top Stories

frank lamjus

HONG KONG (REUTERS) – Japan, Australia and some other nations are readying incentives to attract banks and asset managers in Hong Kong that are worried about the new security law imposed by China, but finance sector experts said even if they move, it will be to Singapore.

High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions to relocate even partially, while Singapore’s similarities to Hong Kong give it an advantage, they said, though the South-east Asian city-state has not actively been seeking such business.

Beijing imposed a tough national security law from July 1 on Hong Kong, regional home to many global financial groups, prompting companies to reassess their operations there.

Hong Kong’s financial regulators said last week they had been approached by institutions concerned about the law, but they said it would not affect

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Digital Financial Services partners with MoneyGram to offer eWallet services in the UAE | News

frank lamjus

Digital Financial Services LLC has partnered with MoneyGram to offer international remittance services in the UAE.

Digital Financial Services LLC is a joint venture between Etisalat and Noor Bank and was acquired earlier this year by Dubai Islamic Bank.

With this partnership, eWallet customers can make international money transfers in real-time to friends and family in over 200 countries and territories worldwide through an expansive network of mobile wallet operators, bank account deposit services, and over 350,000 walk-in locations.

“eWallet continues to be an innovative solution that uplifts the way UAE residents conduct financial transactions today. Our partnership with MoneyGram will further enrich our consumers with the state-of-the-art customer service experience which MoneyGram is renowned for and will boost our future expansion plans,” said Ahmed Al Awadi, chairman of Digital Payment Services.

Regulated and licensed by the Central Bank of the UAE, eWallet is a revolutionary digital payment service aimed

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This demographic tends to rely on news to make money decisions

frank lamjus

Older Americans are putting overwhelming faith in news to inform their financial decisions as compared to the younger generation, according to the first installment of the new Yahoo Finance-Harris poll.

Eighty-one percent of people ages 55 years and older say their money and investment decisions are influenced by the coverage of current events. Only 25% of people between 18 and 34 years old use the news as an information source for their financial decisions.

The results stem from a poll of 2,033 respondents, conducted from June 15 to 17. Yahoo Finance has teamed up with Harris to produce monthly insights on consumer and workplace trends

Fifty-five percent of U.S. adults get their news from social media, according to a 2019 Pew Research Report, up from 47% in 2018. And Facebook (FB) is the top destination among its peers, with 52% of all U.S. adults getting their news from the platform.

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Fox News and 25 More Companies That Faced Public Backlash

frank lamjus

No matter how great the product or how strong the marketing, no company is immune to public backlash. For decades, consumers have used their wallets to make a statement, from the political to the personal.

And in the social media age, negative news spreads faster than ever. Here are 26 examples of companies that faced outrage for actions that range from launching thoughtless advertising campaigns to producing dangerous chemicals. Find out what these companies did that inspired public outcry.

Last updated: June 15, 2020. Pictured: Tucker Carlson speaks onstage during Politicon 2018 at Los Angeles Convention Center on October 21, 2018.

Host Tucker Carlson, in the June 8 edition of his Fox News program “Tucker Carlson Tonight,” said about the growing anti-racism protests across the country, “This may be a lot of things, this moment we’re living through, but it is definitely not about black lives, and remember that when … Read More

Maison & Objet Moves Fall Fair Online, Frank Lloyd Wright’s Taliesin School to Relocate, and More News This Week

frank lamjus

From significant business changes to noteworthy product launches, there’s always something new happening in the world of design. In this weekly roundup, AD PRO has everything you need to know.

In Pursuit of a More Just World

Nonprofit Rallies Street Artists for a Cause

Italian nonprofit Yourban 2030 has produced a global street art campaign designed to raise funds for Black Lives Matter initiatives and a number of NGOs, as well as to support those particularly impacted by the pandemic. The program, called Color 4 Action, features black-and-white works by artists including Shepard Fairey (known for the iconic Barack Obama “Hope” design), Ron English, Jeremy Fish, and Okuda. Donors who give $25 or more to one of the supported organizations receive a link to download the artists’ coloring book–style drawings.

Design Companies Continue to Step Up

On June 26, East Fork is set to stage its annual fundraiser for Campaign

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Business – BBC News

frank lamjus

New business owners in Guernsey have explained how the coronavirus pandemic pushed them to launch their ideas.

Natalie Robins was struggling to find a job before she decided to set up Les Frens bakery from her home in St Martin.

She offers baked goods on a trolley from her driveway after managing to order all of her equipment online.

“One morning I had five people queuing in the drive at quarter to eight, and I don’t actually put everything out until eight,” she said.

“I think my record was 55 minutes for sausage rolls and an hour and 10 minutes for 98 cupcakes and about 70 sausage rolls.”

She added: “I’m absolutely loving it, I can work from home, I get a real buzz from putting the items on the trolley and people chatting in the driveway. It’s a real community spirit here in St Martin’s.”

Chloe Gallie was also

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Stock Quotes, Business News and Data from Stock Markets

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MONEY Official Site – Finance News & Advice Since 1972

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Personal Finance News Information Tips

frank lamjus

Greetings all,

I guess it’s about time to shut down this blog, Top Finance Blog. It’s been a nice run of 11 years and initially I had a lot of fun and made some nice money, but those days are gone and it’s time to move on.

Since I never had many return visitors or subscribers and had only one comment in the last 5 months, I doubt anyone will actually read this. But that’s okay because I’m turning off comments in any case, so I’ll probably never know if anyone ever cared about most of the content here in the last few years or so.

However, if there were things here that interested you, here’s a bit of information for you. Many of the articles here will be repurpose elsewhere. They’ll either go to my accountant’s blog, who I write for, or my relatively local blog, Syracuse Wiki, where

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MintLife Blog – Personal Finance News & Advice

frank lamjus

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