100 episodes

Every day, a team of AIs deliver simple, straightforward news from the world of finance.

Simply Finance Simply News from Qurrent

    • News

Every day, a team of AIs deliver simple, straightforward news from the world of finance.

    Finance Worker’s Rolex Stolen, Japan’s Stance on Forex Moves

    Finance Worker’s Rolex Stolen, Japan’s Stance on Forex Moves

    A finance worker's luxury Rolex watch is stolen at a Chelsea restaurant, raising questions about the effectiveness of the justice system. Japan's Finance Minister emphasizes the importance of stable forex movements, shedding light on the government's stance. Stay informed with Simply Finance as we explore crime prevention and victim support, as well as the implications of Japan's approach to managing foreign exchange rates.Sources:https://www.bbc.com/news/articles/ce782j779j3ohttps://www.forexlive.com/news/japan-finance-minister-suzuki-says-rapid-fx-moves-are-undesirable-20240712/https://english.kyodonews.net/news/2024/07/1647c9cf6706-urgent-japan-finance-chief-refuses-to-comment-on-possible-forex-intervention.htmlhttps://english.kyodonews.net/news/2024/07/1647c9cf6706-urgent-japan-finance-chief-refuses-to-comment-on-possible-forex-intervention.htmlOutline:(00:00:00) Introduction(00:00:41) Finance worker's Rolex stolen as he ate at Chelsea restaurant(00:03:36) Japan finance minister Suzuki says rapid FX moves are undesirable(00:06:25) Japan finance chief refuses to comment on possible forex intervention(00:09:01) Japan finance chief refuses to comment on possible forex intervention

    • 12 min
    Offa Launches Sharia-Compliant Finance, ADM Appoints New CFO

    Offa Launches Sharia-Compliant Finance, ADM Appoints New CFO

    Offa unveils a groundbreaking buy-to-let finance service, modernizing Islamic finance. Archer-Daniels-Midland (ADM) appoints Monish Patolawala as its new Chief Financial Officer. Plus, Earned Wealth raises $200 million for doctor-focused financial services. Also, a study finds nearly half of Gen Zers are getting financial help from their parents.Sources:https://www.bobsguide.com/offa-unveils-sharia-compliant-buy-to-let-finance-service/https://www.esmmagazine.com/supply-chain/adm-appoints-monish-patolawala-as-next-finance-chief-269093https://www.pymnts.com/news/investment-tracker/2024/earned-wealth-raises-200-million-for-doctor-focused-financial-services-platform/https://www.scrippsnews.com/life/money/nearly-half-of-gen-zers-are-getting-financial-help-from-their-parents-study-findsOutline:(00:00:00) Introduction(00:00:40) Offa unveils Sharia-compliant buy-to-let finance service(00:03:39) ADM Appoints Monish Patolawala As Next Finance Chief(00:06:10) Earned Wealth Raises $200 Million for Doctor-Focused Financial Services Platform(00:09:31) Nearly half of Gen Zers are getting financial help from their parents, study finds

    • 12 min
    China’s Financial Transformation, Gen Z’s Financial Dependence, 3M CFO Resigns, and Fed Chair Powell Testifies

    China’s Financial Transformation, Gen Z’s Financial Dependence, 3M CFO Resigns, and Fed Chair Powell Testifies

    Finance is no longer the darling career in Xi Jinping's new economic order. Nearly half of Gen Z relies on financial help from parents, family. 3M CFO resigns to take executive job at ADM. Watch Fed Chair Jerome Powell testify live before House financial services panel.Sources:https://thediplomat.com/2024/07/finance-is-no-longer-the-darling-career-in-xi-jinpings-new-economic-order/https://www.foxbusiness.com/economy/nearly-half-gen-z-rely-financial-help-from-parents-family-bofa-surveyhttps://www.startribune.com/3m-president-chief-financial-officer-cfo-monish-patolawala-resigns-adm/600379643/https://www.cnbc.com/2024/07/10/watch-fed-chair-powell-testify-live-before-house-financial-panel.htmlOutline:(00:00:00) Introduction(00:00:41) Finance is No Longer the Darling Career in Xi Jinping’s New Economic Order(00:03:35) Nearly half of Gen Z rely on financial help from parents, family: BofA survey(00:06:34) 3M CFO resigns to take executive job at ADM(00:09:08) Watch Fed Chair Jerome Powell testify live before House financial services panel

    • 11 min
    Cathay Pacific Urged to Improve Service Quality, California High-Schoolers Required to Take Financial Literacy Class

    Cathay Pacific Urged to Improve Service Quality, California High-Schoolers Required to Take Financial Literacy Class

    Hong Kong finance chief urges Cathay Pacific to raise service quality to boost status. California Governor signs law requiring high-schoolers to take financial literacy class. Plus, state controller cites Mendocino County supervisors' role in financial chaos. Also, international collaboration for de-risking investment and mobilizing finance for a sustainable energy future.Sources:https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3269485/finance-chief-urges-cathay-pacific-airways-raise-service-quality-boost-hong-kongs-aviation-hubhttps://www.desertsun.com/story/news/nation/california/2024/07/06/new-california-law-requires-financial-literacy-courses-for-students/74316758007/https://www.ukiahdailyjournal.com/2024/07/06/state-controller-cites-mendocino-county-supervisors-role-in-financial-chaos/https://www.sei.org/events/financing-sustainable-energy/Outline:(00:00:00) Introduction(00:00:42) Hong Kong finance chief urges Cathay to raise service quality to boost status(00:02:57) Newsom signs law requiring California high-schoolers to take financial literacy class(00:05:10) State controller cites Mendocino County supervisors’ role in financial chaos(00:08:34) Financing a sustainable energy future: International collaboration for de-risking investment and mobilising finance

    • 12 min
    Former Insurance Broker Banned, Power Finance Corp Stock Analysis, Kenya’s Finance Bill Withdrawal

    Former Insurance Broker Banned, Power Finance Corp Stock Analysis, Kenya’s Finance Bill Withdrawal

    A former insurance broker is banned from senior finance roles due to misconduct. Power Finance Corp's stock price fluctuates, providing potential investment opportunities. Kenya's withdrawal of the finance bill has economic implications. Stay informed with Simply Finance's comprehensive coverage of these stories.Sources:https://www.irishtimes.com/business/2024/07/05/former-marsh-ireland-broker-banned-from-senior-finance-roles/https://www.livemint.com/market/live-blog/power-finance-corp-share-price-today-latest-live-updates-on-05-jul-2024-11720146633237.htmlhttps://www.africanews.com/2024/07/04/kenya-what-are-the-consequences-of-the-withdrawal-of-the-finance-bill-business-africa/https://www.moneycontrol.com/news/business/stocks/buy-bajaj-finance-target-of-rs-9300-sharekhan-2-12762931.htmlOutline:(00:00:00) Introduction(00:00:39) Former Marsh Ireland broker banned from senior finance roles(00:04:00) Power Finance Corp share price Today Live Updates : Power Finance Corp Stock Rises on Positive Trading Day(00:07:10) Kenya: What are the consequences of the withdrawal of the finance bill? [Business Africa](00:09:53) Buy Bajaj Finance; target of Rs 9300: Sharekhan

    • 12 min
    Kyobo Life and SBI Group Partner for Digital Finance, Bajaj Finance Reports Strong Q1 Performance

    Kyobo Life and SBI Group Partner for Digital Finance, Bajaj Finance Reports Strong Q1 Performance

    Kyobo Life Insurance Group and SBI Group join forces to expand their cooperation in digital finance. Bajaj Finance reports significant growth in AUM and new loans booked in Q1. Plus, the outgoing finance director of the City of Polson reshapes the budget process.Sources:https://www.kedglobal.com/insurance/newsView/ked202407040012https://www.livemint.com/market/stock-market-news/bajaj-finance-share-price-gains-as-aum-spikes-31-new-loans-booking-grow-10-yoy-in-q1-11720064832209.htmlhttps://leaderadvertiser.com/news/2024/jul/04/outgoing-finance-director-helped-reshape-budget-process/https://www.kedglobal.com/insurance/newsView/ked202407040012Outline:(00:00:00) Introduction(00:00:35) Kyobo Life, Japan’s SBI to tie up for security token, digital finance(00:03:36) Bajaj Finance share price gains as AUM spikes 31%, new loans booking grow 10% YoY in Q1(00:06:41) Outgoing finance director helped reshape budget process(00:09:40) Kyobo Life, Japan’s SBI to tie up for security token, digital finance

    • 12 min

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