Remove Benchmarking Remove Currencies Remove Economics
article thumbnail

Market gives thumbs up to Budget 2022

CFO News Room

But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. The government’s record borrowing plans for the next financial year sent benchmark bond yields to two-and-a-half years high. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03

Budgeting 130
article thumbnail

The Finance Leader’s Playbook: Insights from the Journey

Future CFO

Wong admits that he has always enjoyed pushing boundaries and setting new benchmarks for himself and his team. The ongoing geopolitical tensions, economic uncertainties, and market volatility call for a sharper focus on risk management and strategic decision-making.

Finance 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

Now, we know from the academic literature that three years before the fraud, they tend to beat earnings benchmarks. Since Benfords law is indifferent about currency or anything else, were going to build the model globally: put India in there, China, the UK, Europe, etc. We use quarterly data, which we download from Compustat.

article thumbnail

Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists

PYMNTS

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The group said it was worried that the potential widespread adoption of stablecoins would be outside regulatory agencies and make it easier for criminals to break the law with the currency. “If

article thumbnail

Bond Yields Surge in Europe as Old Jitters Return

CFO News Room

The benchmark 10-year U.S. The spread between the Italian bond yield and the German benchmark, considered a barometer of financial stress in the region, rose to its highest level in over 18 months. . Government bond yields surged world-wide after a strong report on the U.S. It was at 1.25% at the start of the week.

article thumbnail

Central Banker Report Cards 2024: Asia-Pacific

Global Finance

Azerbaijan Taleh Kazimov: B+ Central bank Governor Taleh Kazimov, in office since 2022, had a boost in July when Fitch Ratings upgraded Azerbaijan’s long-term foreign currency issuer default rating to BBB- from BB+ with a stable outlook. In September, the PBoC cut its benchmark seven-day interest rate by 20 basis points to 1.5%

article thumbnail

US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading

PYMNTS

The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. In addition to several other changes to the mandatory questionnaire, “BE-180 Benchmark Survey of Financial Services Transactions between U.S. “We are not collecting data related to the physical currency asset,” Stein said.