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Finance

310 stories

ACX Group Connects ACX Singapore to ACX Abu Dhabi Exchange

Air Carbon Exchange (ACX) Group successfully connected AirCarbon’s Singapore-based trading platform, with the environmental instruments exchange operated by ACX Clearing Corporation in the Abu Dhabi Global Market, on Tuesday. The firm said this enhancement represents an important step in ACX Group’s strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated […]

Matilda Denson30 January 20241 min read

Finance

Max Life Launches SWAG Pension Plan

Max Life Insurance Company said it launched the Smart Wealth Annuity Guaranteed Pension Plan, shortly SWAG Pension Plan, which is aimed to cater to the customized needs of the customers, also with the option of increasing annuity up to 6% per annum to weather the rising inflation. This the company defines to be a non-linked, […]

Anne Florentyna29 January 20241 min read

Finance

SoftBank Ventures Asia Rebrands as SBVA

Venture capital firm SoftBank Ventures Asia said it will officially change its brand name to SBVA, on Sunday, effective on February 1. This initiative was enforced after Singapore-based The Edgeof acquired SoftBank Ventures Asia from its parent firm SoftBank Group Corp (SBG) in April 2023. The firm said the rebranding aims to encompass technological singularities […]

R Swathi29 January 20241 min read

Finance

Perseus Mining Intends to Make Takeover Offer for OreCorp

Perseus Mining Limited intends to make an off-market takeover offer for all of the issued shares in OreCorp Limited that it does not already own for cash consideration of 55 cents per OreCorp Share, on Sunday. According to this offer, OreCorp’s shareholders are valued at a 4% premium to the initially proposed value of a […]

Matilda Denson22 January 20241 min read

Finance

GPay India Partners with NPCI International for Global Expansion of UPI

Financial service provider NPCI International Payments Ltd (NIPL) signed a memorandum of understanding (MoU) with Indian-grown Google Pay on Wednesday, to expand the impact of unified payments interface (UPI) worldwide and to reduce the dependency on conventional money transfer channels by simplifying remittances. The firm said through this collaboration, it aims to broaden the use […]

R Swathi19 January 20241 min read

Finance

Thornburg Investment Launches Core Plus Bond Fund

Thornburg Investment Management which oversees $43 billion in assets said to have launched Thornburg Core Plus Bond Fund to a strong line-up of proven global taxable fixed-income solutions, on Wednesday. The investment firm said the fund seeks to maximize total return, consistent with the long-term preservation of capital. Jeff Klingelhofer, Co-Head of Investments at Thornburg […]

Matilda Denson18 January 20241 min read

Finance

Prosperity Bancshares to Buyback 5% of Bancshares

Prosperity Bank’s parent firm Prosperity Bancshares, on Tuesday, said it is organizing a stock buyback program, where the firm will repurchase about 5% which is 4.7 million shares of its outstanding stock over one year, which will expire on January 16, 2025. The financial service provider said under this program, the repurchase will be made […]

R Swathi17 January 20241 min read

Finance

RBFC, Amazon Collaborates to Boost Funders + Brokers Reach

Revenue Based Finance Coalition (RBFC) partnered with tech giant Amazon as title sponsor for its Funders Forum + Brokers Expo, a flagship event set to convene leaders and visionaries within the finance industry on Tuesday. The company said the event is soon to be held between March 5 and 7 at Seminole Hard Rock Hotel […]

Matilda Denson17 January 20241 min read

Finance

Online Trade Platform ForexVox Rebrands to MarketsVox

Online Trading firm ForexVox rebranded to MarketsVox on Tuesday, symbolizing a strategic and forward-thinking approach that encapsulates the company’s vision for the future. The company said the reason to rebrand is grounded in a multifaceted strategy that aims to represent the extensive array of financial instruments offered by MarketsVox. While Forex has been a cornerstone, […]

Matilda Denson9 January 20241 min read

Finance

Palmer Square Proposes Initial Public Offering for $89.7 Mln

Business development company Palmer Square Capital BDC Inc, on Monday, went public on the New York Stock Exchange (NYSE American) under the symbol PSBD, for a value of $89.7 million of its common stock. The firm said the public offering price is expected at $16.45 per share for about 5.5 million shares of its overall […]

R Swathi9 January 20241 min read

Finance

Pattern Energy Closes Financing of Clean Energy Infrastructure Project at $11 Bln

Renewable energy facility Pattern Energy Group closed an $11 billion non-recourse financing on Wednesday, and begun full construction of SunZia Transmission and SunZia Wind, which together is one of the largest clean energy infrastructure project in U.S. history. The renewable energy infrastructure projects SunZia Wind and SunZia Transmission are two of the largest energy projects […]

Matilda Denson28 December 20231 min read

Finance

Ninepoint Partners aids Canadian Large Cap Leaders Split Corp to go Public

Investment solutions provider Ninepoint Partners, on Wednesday, said Canadian Large Cap Leaders Split Corp filed a preliminary prospectus in connection with an initial public offering of preferred and class A shares. The company said Canadian Large Cap Leaders filed its prospectus on Tuesday, and it will invest in an initially equally-weighted portfolio comprised primarily of […]

Matilda Denson21 December 20231 min read