Finance
India Approves 2025-26 Ad Hoc Bonus of Up to ₹6,908 for Eligible Government Personnel
India's central government has authorized a bonus equivalent to 30 days' emoluments for eligible employees for the 2025-26 financial year, including qualifying Armed Forces and Central Paramilitary Forces personnel. The Ministry of Finance's calculatio...
J.P. Morgan Leads 2016 All-Europe Fixed-Income Research Ranking
J.P. Morgan secured its sixth consecutive win in Institutional Investor's 2016 All-Europe Fixed-Income Research Team ranking, increasing its total to 20 team positions from 14. Bank of America Merrill Lynch finished second overall but led in sector vic...
A Daughter's Tax Question Puts Her Parents' $1.6 Million IRA Strategy Under Review
A retired operations manager, 68, and his wife, 66, pay about $16,000 a year for investment advice on their $1.6 million in traditional IRAs. But a review of their tax returns by their CPA daughter raised a planning question: Should they convert some s...
South Korea's Youth Future Savings second-round applications close Oct. 16 with expanded benefits planned
The Financial Services Commission will close second-round applications for Youth Future Savings on Oct. 16, with account opening scheduled for Nov. 16-27. The government plans to increase preferential contribution rates and expand eligibility in 2027....
Municipal Bond Sales Postponed as Yields Hit 15-Year High
State and local governments are delaying billions in bond offerings as municipal yields surge to levels not seen since 2011, with Los Angeles postponing a $1.8 billion convention center financing amid deteriorating market conditions....
South Korea Urged to Reconsider Treasury Bond Strategy as Global Shift Away from Long-Term Debt Accelerates
Experts call for South Korea to reassess its heavy reliance on 30-year bonds and introduce short-term treasury instruments as major economies pivot toward medium- and short-term debt issuance amid changing investor demand and rising interest rates....
Asian Bonds Face Deepening Losses as Oil Prices Stoke Inflation Fears
A global bond selloff intensified in Asian markets as elevated oil prices fueled inflation concerns, pushing Treasury yields to multi-decade highs and reinforcing expectations for continued Federal Reserve rate increases....
SEBI Extends Kamlesh Varshney's Term as Whole-Time Member Until 2029
The Appointments Committee of the Cabinet has extended Kamlesh Chandra Varshney's tenure as SEBI Whole-Time Member until August 2029, ensuring regulatory continuity in corporate finance, investigation, and market surveillance departments....
WM Declares Quarterly Dividend of $0.945 Per Share, Extending 23-Year Growth Streak
WM announced a quarterly cash dividend of $0.945 per share, payable September 25, 2026, continuing the company's track record of 23 consecutive years of dividend increases....