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Debt

Genesis Acquire Over 32,000 BTC After Offloading GBTC Shares

by Isaac Wright
Genesis Acquire Over 32,000 BTC After Offloading GBTC Shares

Embattled crypto lender Genesis Global Capital has continued to ramp up efforts to pay up creditors after filing for bankruptcy protection in January 2023. As part of these efforts, Genesis …

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‘Shovels in the ground’ for new Winnipeg ER within 2 years, Kinew promises as Manitoba NDP delivers 1st budget

by Akin Smith
‘Shovels in the ground’ for new Winnipeg ER within 2 years, Kinew promises as Manitoba NDP delivers 1st budget

Manitoba is facing a nearly $800-million deficit for the year ahead, as the first budget under the NDP government promises incremental progress on a number of election commitments, along with …

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How I Taught Myself Financial Literacy — and How You Can, Too

by Anas Siddiqui
How I Taught Myself Financial Literacy — and How You Can, Too

Opinions expressed by Entrepreneur contributors are their own. The pursuit of financial security is a universal aspiration, regardless of profession or background. While achieving financial well-being may appear daunting, it …

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Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

by Anas Siddiqui
Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.  The TD employee says she’s usually not acting in …

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China Vanke debt downgraded to ‘junk’ status by Moody’s as liquidity concerns mount amid tumbling property sales

by Anas Siddiqui
China Vanke debt downgraded to ‘junk’ status by Moody’s as liquidity concerns mount amid tumbling property sales

International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales. Moody’s …

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Chinese regulators ask large banks to step up support for Vanke, sources say

by Anas Siddiqui
Chinese regulators ask large banks to step up support for Vanke, sources say

Chinese regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss maturity …

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Japan vice club victim tells of being tricked into sex work in Macau: ‘it’s a trap’

by Walter Watson
Japan vice club victim tells of being tricked into sex work in Macau: ‘it’s a trap’

While Yu is trying to turn her life around, many other young women in Kabukicho face similarly dire situations, trapped in a cycle of debt and exploitation that has largely …

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Credit Scores Fall for First Time in a Decade: FICO Report

by Edgar Davis
Credit Scores Fall for First Time in a Decade: FICO Report

The typical American household needs an extra $11,434 a year to maintain the same standard of living it did in 2021. And nearly half of those with revolving credit card …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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How SARS spends every R100 of taxpayer money in 2024

by Anas Siddiqui
How SARS spends every R100 of taxpayer money in 2024

The efficient utilisation of taxpayer money in 2024 by SARS is under the spotlight ahead of the General Election. As The South African has already elaborated on, the spending of …

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