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Japan's finance ministry had proposed a cover story for land sale scandal: Official

Japan's finance ministry had proposed a cover story for land sale scandal: Official

David Mareuil | Anadolu Agency | Getty Images People gathering near the Japan Parliament hold placards against Japanese Prime Minister Shinzo Abe as Yasunori Kagoike, head of the Moritomo Gakuen group, gives sworn testimony in the Diet on March 23, 2017. Japan’s Finance Ministry proposed crafting a cover story with a school operator at the […]

Powerful incentives led to Finance Ministry document tampering

Powerful incentives led to Finance Ministry document tampering

TOKYO — The ongoing document-tampering scandal at Japan’s Ministry of Finance has taken a new turn. The ministry has admitted that its staff members altered 14 documents related to the controversial sale of state-owned land to a nationalist school operator, but it has denied they acted on instructions from Prime Minister Shinzo Abe. Now attention […]

Colyer calls for legislature to pass school finance plan

Colyer calls for legislature to pass school finance plan

Gov. Jeff Colyer Copyright by KSNW – All rights reserved Gov. Jeff Colyer TOPEKA, Kan. (KSNW) – Governor Jeff Colyer Saturday has urged the legislature to pass a 5-year $500 million school finance plan. The governor wants lawmakers to send the measure to his desk before they leave Topeka Saturday. “I call on the legislature to […]

Russia sanctions highlight need for United States to fight illicit finance

Russia sanctions highlight need for United States to fight illicit finance

Russia sanctions highlight need for United States to fight illicit finance  The Hill Full coverage Source link

ASEAN finance ministers meeting at 'time of optimism', says Heng Swee Keat

ASEAN finance ministers meeting at 'time of optimism', says Heng Swee Keat

SINGAPORE: Finance ministers from the ASEAN member states are gathered at a “time of optimism” for their meeting this year and under Singapore’s chairmanship, the themes of sustaining growth, boosting resilience and fostering innovation will be in focus, said Finance Minister Heng Swee Keat on Friday (Apr 6). Southeast Asia’s finance ministers are gathered in […]

World Bank, IDB urge Islamic finance to play the long game

World Bank, IDB urge Islamic finance to play the long game

SYDNEY (Reuters) – The World Bank and the Saudi-based Islamic Development Bank want to increase the use of long-term investments in Islamic finance, tasking the industry with reducing its reliance on Islamic banks in favor of a wider array of institutions. The two multilateral bodies set out a series of policy recommendations in a joint […]

Four goals for financial fitness

Four goals for financial fitness

JOHANNESBURG – The chances are that those New Year’s resolutions to save more, eat better and exercise have fizzled out. That’s the problem with making impulse decisions when you are full of New Year bonhomie, rather than making concrete plans you’ve thought through and intend to stick to.  If you are serious about the financial and […]

Lawmakers delay first vote on overhaul of Colorado's school finance formula

Lawmakers delay first vote on overhaul of Colorado's school finance formula

Kim Ursetta works with a student in her classroom at Denver’s Mathematics and Science Leadership Academy. (Ann Schimke/Chalkbeat) By Erica Meltzer, Chalkbeat  Over the course of four hours of testimony, advocates called it a “monumental, fundamental shift” in how Colorado allocates money to schools and a “once in a generation” opportunity to do right by Colorado kids. […]

Home truths: Signs are ominous for housing finance companies

Home truths: Signs are ominous for housing finance companies

When loan repayment ratios started to trip at an alarming pace, Udaipur-based SRG Housing Finance —lender in the hinterlands of south Rajasthan and Gujarat—devised a new collection strategy. They sought help from the sarpanch (village headmen), asking them to goad defaulting borrowers to “at least make part payments.” It did the trick, apparently, as the […]

The Finance Industry Has Quietly Launched an Assault on State-Sponsored Retirement Plans

The Finance Industry Has Quietly Launched an Assault on State-Sponsored Retirement Plans

Mother Jones illustration Looking for news you can trust?Subscribe to our free newsletters. When Kristi Kono started working eight years ago as a stylist at the Annastasia Salon in Portland, Oregon, she knew she’d be on her own saving for retirement. Savings plans aren’t something small businesses in the service industry typically offer employees. But […]