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Loan

Elvis’s Graceland all shook up by allegations of fraud, talk of foreclosure

by Walter Watson
Elvis’s Graceland all shook up by allegations of fraud, talk of foreclosure

Elvis Presley’s estate Graceland is the subject of heated litigation, which could lay bare a complex web of financial information surrounding one of America’s best known cultural landmarks. An auction for Graceland …

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Tennis legend Becker discharged from bankruptcy court despite still owing creditors $50M US

by Virginia Chavez
Tennis legend Becker discharged from bankruptcy court despite still owing creditors M US

German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found on Wednesday he had done “all that he reasonably could do” to repay creditors …

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Chinese tycoon Chen Hongtian faces demands on more than US$200 million of overdue property-related loans

by Anas Siddiqui
Chinese tycoon Chen Hongtian faces demands on more than US0 million of overdue property-related loans

Chinese tycoon Chen Hongtian faces demands on more than US$200 million of overdue property-related loans A Chinese tycoon who had snapped up mansions and offices in Hong Kong and London …

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Liberals pledge $9B in new money for Indigenous communities in 2024 budget

by Anas Siddiqui
Liberals pledge B in new money for Indigenous communities in 2024 budget

The Trudeau government is promising $9 billion in new cash for Indigenous communities over the next five years, a smaller spend than some past budgets but one the government says builds …

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Are you renting with no plans to buy? Here’s what the federal budget has for you

by Anas Siddiqui
Are you renting with no plans to buy? Here’s what the federal budget has for you

The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine …

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First-time homebuyer incentive is discontinued, says federal housing agency

by Anas Siddiqui
First-time homebuyer incentive is discontinued, says federal housing agency

The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation (CMHC), the federal agency announced on Thursday. The deadline for new or resubmitted applications to the program …

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Goldman Sachs and Abu Dhabi’s Mubadala sign US$1 billion private credit deal with eye on Asia-Pacific

by Anas Siddiqui
Goldman Sachs and Abu Dhabi’s Mubadala sign US billion private credit deal with eye on Asia-Pacific

Goldman Sachs and Abu Dhabi’s Mubadala sign US$1 billion private credit deal with eye on Asia-Pacific Goldman Sachs and Mubadala Investment, an Abu Dhabi sovereign wealth fund, will deploy US$1 …

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The best iPhone and Android apps for Black History Month 2024

by Maya Ortiz
The best iPhone and Android apps for Black History Month 2024

Digital Trends February is celebrated as Black History Month to honor Black Americans’ remarkable achievements and contributions. The theme for this year is “African Americans and the Arts,” which shines …

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Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says

by Anas Siddiqui
Hong Kong’s talent base lends expertise to rapidly growing Asian private credit market, APLMA CEO says

Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s private credit market, giving further impetus to the rapidly growing asset class, according to the new head of the …

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Asian private credit players rush to bridge funding gap at SMEs and in sectors like education, technology

by Anas Siddiqui
Asian private credit players rush to bridge funding gap at SMEs and in sectors like education, technology

High interest rates and the changing economic landscape after the Covid-19 pandemic are some of the factors that are pushing some companies to private lenders for bridge financing. A pedestrian …

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