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Financial News Around the World

When student debt payments restart, your loan type will make a big difference

Interest on “unsubsidized” federal student loans typically accrues for current students and during periods of deferment — but not during the payment pause.

Published 19 July 2023
Categorised as Finance News

UAE crypto scammer sentenced to 8 years in prison for multimillion dollar fraud scheme

Olalekan Jacob Ponle, or Woodberry, already surrendered 15 bitcoin and will pay a further $8 million in restitution and forfeit a variety of high-end cars.

Published 19 July 2023
Categorised as Finance News

China says foreign trade faces ‘extremely severe’ situation, blames geopolitics for slump

China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with trade.

Published 19 July 2023
Categorised as Finance News

UK inflation rate slides to 7.9% in June, below expectations

U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.

Published 19 July 2023
Categorised as Finance News

Goldman Sachs is set to report second-quarter earnings — here’s what the Street expects

With costly write-downs and a continued Wall Street slump expected to weigh on Goldman Sachs results this quarter, expectations have been set low.

Published 19 July 2023
Categorised as Finance News

Singapore’s passport is now the most powerful in the world. Here’s how other countries ranked

Singapore has overtaken Japan to boast the most powerful passport in the world, the Henley Passport Index showed.

Published 19 July 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Interactive Brokers, Western Alliance, Omnicom and more

These are the stocks posting the largest moves in extended trading.

Published 18 July 2023
Categorised as Finance News

Morgan Stanley stock surges after earnings beat. Here’s what the pros are saying

Pros on CNBC discussed Morgan Stanley after the company beat earnings expectations in the second-quarter and posted record wealth management revenue.

Published 18 July 2023
Categorised as Finance News

Here’s how Biden’s $39 billion in student loan forgiveness may impact your taxes

If you’re eligible for the Biden administration’s $39 billion in student loan forgiveness, here’s how it may affect your taxes.

Published 18 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: Morgan Stanley, Bank of America, Charles Schwab and more

These are the stocks posting the largest moves in midday trading.

Published 18 July 2023
Categorised as Finance News

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