Global Finance

DECEMBER 26, 2024

Last month, amid a series of mounting economic and political crises, South Korean President Yoon Suk Yeol issued a martial law decreethe first in more than 40 years. Yoon claimed that it was necessary to eradicate anti-state forces and protect constitutional order. Meeting overnight in an emergency session, the National Assembly voted unanimously to revoke the measure, but on December 4, just hours after the emergency order was declared, tens of thousands of Koreans gathered outside Parliament,

Economics 105

Economics Finance 105

Nerd's Eye View

DECEMBER 26, 2024

Just a few decades ago, giving financial advice was largely a manual process – printing lengthy financial plans, processing physical checks, and managing paper files. Then, technology evolved, introducing tools like Excel, the internet, and sophisticated financial planning and CRM software that transformed how advisors deliver financial advice.

Technology 52

Technology Planning Problem Solving Communication 52

Global Finance

DECEMBER 26, 2024

Some have greatness thrust upon them. Syria and its well-wishers worldwide hope that acting finance minister Riad Abd El Raouf will enter those ranks in the coming months. Raouf, 49, cuts a lonely figure as the only Bashar al-Assad appointee retaining a top cabinet post after the dictators shocking ouster by Islamist rebels. With a doctorate in accounting and auditing from Frances Universite Paul Verlaine, trilingual in Arabic, French and English, Raouf returned home to teach at Damascus Univers

Finance 110

Finance Auditing Currencies Banking 110

CFO News

DECEMBER 26, 2024

Top political leaders and business tycoons on Thursday mourned the demise of former prime minister Dr Manmohan Singh, saying that his leadership, humility, and dedication will always be remembered.

Budgeting 52

Budgeting Leadership 52

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Compliance

Global Finance

DECEMBER 26, 2024

Nippon Life Insurance, Japans largest private insurer, is spending $8.2 billion on global life insurance firm Resolution Life Group Holdingsmarking the largest overseas acquisition in Japans insurance industry. This move underscores Nippon Lifes ambition to bolster its global presence amid a shrinking domestic market due to Japans aging population and low-interest-rate environment.

Leverage 106

Leverage Finance Investments Marketing 106

Global Finance

DECEMBER 26, 2024

It was the year-end story that captivated many but eluded most: Willow [a quantum processor] performed a standard benchmark computation in under five minutes that would take one of todays fastest supercomputers 10 septillion (that is, 10) years a number that vastly exceeds the age of the universe, Google researchers announced in a blog post in December.

Benchmarking 99

Benchmarking Technology Finance Investments 99

CFO News

DECEMBER 26, 2024

India's economic growth post-liberalization cannot be hailed without recognizing the significant contribution of former Prime Minister Dr. Manmohan Singh. His journey began long before he assumed charge as the 13th Prime Minister of the country.

Economics 45

Economics 45

Global Finance

DECEMBER 26, 2024

Starting Jan. 1, the United Arab Emirates (UAE) will levy a tax of 15% on large multinationals (MNCs) operating in the country as part of corporate tax reforms required by the Organization for Economic Cooperation and Development (OECD). The OECD framework aims to clamp down on tax avoidance. The OECD regulations known as the Global Anti-Base Erosion Rules or GLoBE, has seen over 135 jurisdictions agree to update elements of the international tax system.

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Compliance Economics Finance Investments 65

CFO News

DECEMBER 26, 2024

Indias government partly blames the central banks tight monetary policy for weak economic performance. They expect growth to improve in the second half of the fiscal year as demand increases and restrictive measures ease. The central bank may cut interest rates to support growth. Rural and urban demand shows signs of recovery.

Economics 45

Economics Banking 45

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

CFO

Global Finance

DECEMBER 26, 2024

Modular systems and automation are revolutionizing FX risk management, enhancing visibility, agility, and adaptability. Ashley Pater , general manager of Hedge Trackers LLC, a global accounting, consulting, and software services company focused on financial risk protection, owned by platform provider GTreasury says automation is improving FX risk visibility, transforming FX risk management from a reactive task to an operational imperative.

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Treasury Risk Management Currencies SAP 52

CFO News

DECEMBER 26, 2024

Dr. Manmohan Singh once famously remarked that history would be kinder to him than the contemporary media, in response to the sharp criticism he faced during his tenure. Now, as the former Prime Minister and, more significantly, the architect of India's liberalization, passes away at 92, that moment of stocktaking has arrived.

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Global Finance

DECEMBER 26, 2024

Egypt has achieved a historic milestone with the initial public offering (IPO) of United Bank on the Egyptian Exchange (EGX). This would be the first bank listing in over 25 years and the countrys first IPO since 2021. The move is a cornerstone of an International Monetary Fund (IMF)-backed privatization program aimed at attracting private-sector investment and bolstering economic resilience.

Banking 52

Banking Economics Investments Finance 52

CFO News

DECEMBER 26, 2024

Union Budget 2025: Finance Minister Nirmala Sitharaman is expected to prioritize rural infrastructure in Budget 2025, especially through the PMGSY scheme. An increased outlay aims to improve rural road connectivity, enhance agricultural market access, drive rural consumption, generate employment, and strengthen financial inclusion, with a substantial allocation anticipated.

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Budgeting Prioritization Finance Marketing 45

Advertiser: Paycor

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Global Finance

DECEMBER 26, 2024

Marcelo Flora, partner and head of Digital Platforms at BTG Pactual, discusses FX management amid elevated geopolitical tensions and the rise of the Chinese yuan. Global Finance: In a landscape where central bank decisions and carry trades significantly influence global FX markets, what unique value can a bank offer its customers? Marcelo Flora: Despite major global progress in the fight against post-pandemic inflation, we can see differences in monetary policy cycles across economies as well as

Currencies 52

Currencies Risk Management Banking Finance 52

CFO News

DECEMBER 26, 2024

Integrated into Swiggys flagship initiatives, the program is designed to equip the delivery partners with vital financial skills that drive household stability, improve socio-economic outcomes, and contribute to the nation's financial inclusion agenda.

Economics 40

Economics 40

Global Finance

DECEMBER 26, 2024

Paul Rouse is CFO and treasurer of Thryv Holdings, Inc., a Nasdaq-listed company that provides a small-business software platform to clients who seek to reach more customers, stay organized, get paid faster, and generate reviews. Rouse has an extensive career in finance and has been CFO of Dallas-based Thryv for over 10 years. Global Finance: How has the CFO role changed?

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CFO Restructuring Math Finance 52

CFO News

DECEMBER 26, 2024

Tata Electronics Private Limited (TEPL) received approval for setting up a Semiconductor Fab facility with a Rs91,526 crore investment in partnership with Taiwan's PSMC. The facility, capable of producing 50,000 wafer starts per month, represents a technological leap for India.

Technology 40

Technology Manufacturing Investments 40

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

Global Finance

DECEMBER 26, 2024

Chinas banks are pumping fresh funds into stalled housing projects and cutting rates on existing mortgages. The goal is to spark a financial turnaround for the nations beleaguered real estate sector. Banks are paying a pretty price for their efforts. Policymakers are leaning on banks of all stripesfrom city commercial banks to state-owned giants such as ICBC and China Everbright Bankto stimulate a market hard-hit by falling home prices and property developer losses since the Covid-19 pandemic.

Banking 52

Banking Marketing Profit and Loss Forecasting 52

CFO News

DECEMBER 26, 2024

As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the Finance Ministry.

Finance 40

Finance Economics 40

Global Finance

DECEMBER 26, 2024

The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent years, governments have increasingly preferred to appoint civil servants over professional economists to lead the central bank. Sanjay Malhotra, a 56-year-old civil servant, has been appointed as the new governor of the RBI for the next three years, effective December 9, 2024.

Economics 52

Economics Finance Banking Technology 52

CFO News

DECEMBER 26, 2024

India's banking system liquidity deficit is projected to further expand in the next quarter due to tax outflows and the central bank's forex interventions, despite recent measures like the cash reserve ratio cut. Market participants suggest additional durable liquidity injections through open market operations and possible further cuts in the cash reserve ratio.

Banking 40

Banking Marketing 40

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

Global Finance

DECEMBER 26, 2024

The murder of UnitedHealth CEO Brian Thompson on December 4 and the later lionization of suspect Luigi Mangione have led to corporations to reassess security and how they can protect their executives. Despite receiving death threats, Thompson had no security detail, when he was gunned down en route to an investors meeting in Manhattan. This starkly contrasts with the billions of dollars Google and Meta spend on staff security.

Healthcare 52

Healthcare Pharmaceutical Risk Management Finance 52

CFO News

DECEMBER 26, 2024

The figures for April-September FY25 indicate a stark increase compared to the 14,480 cases involving Rs 2,623 crore reported during the same period in FY24.

Banking 40

Banking 40

Global Finance

DECEMBER 26, 2024

The Middle East subsidiary of Delivery Hero, Talabat, raised $2 billion from an initial public offering on Dec. 10. Talabat sold more than 4.65 billion shares at AED1.60 ($0.44) per share. The sale of a 20% stake represents a market capitalization of around $10 billion. Berlin-based Delivery Hero decided to increase the size of the offering from 15% to 20%, citing robust demand.

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Valuation Finance Marketing Sales 52

CFO News

DECEMBER 26, 2024

India is set to become Apple's third-largest market by 2026, with significant growth in iPhone sales driven by easier financing, festival discounts, and a move towards premium products. Apple's Indian market is expanding while its share in China is shrinking due to Huawei's resurgence.

Marketing 40

Marketing Finance Sales 40

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting