Global Finance

MARCH 1, 2025

El Salvadors heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion loan agreed with the International Monetary Fund in December, the governments involvement with the digital Chivo wallet will be gradually unwound. At the end of January, on a vote of 55-2, El Salvadors Legislative Assembly passed modifications to the Bitcoin law, eliminating the word currency but kee

Currencies 118

Currencies Securities Finance Economics 118

Barry Ritholtz

MARCH 1, 2025

Welcome to March — that means Spring is not far off! Kick off the first weekend of the month by pouring yourself a mug of Tolima Los Brasiles Peaberry Organic , grabbing a seat by the fire, and enjoying our longer-form weekend reads: Gen Z and the End of Predictable Progress : How AI, volatility, and changing institutions are shaping young people’s economic reality ( Kyla’s Newsletter ) Palmer Luckey, American Vulcan.

Math 64

Math Startups Numbers Economics 64

Global Finance

MARCH 1, 2025

Chinas financial sector, from banks to brokerages, is rapidly incorporating DeepSeek, the nations champion in AI, for customer service, data analysis, and email sorting. Dozens of firms have committed to implementing DeepSeek or specific applications of the AI large language model since January, when the Hangzhou-based app developer emerged as Chinas low-cost alternative to Western competitors such as ChatGPT.

Banking 112

Banking Data Analysis Reconciliations Financial Data 112

CFO News

MARCH 1, 2025

India's savings rate is not as robust as needed due to declining household financial savings and increasing financial liabilities, especially unsecured personal loans. Household savings have dropped significantly from 84% of total savings in 2000 to 61% in 2023. The rise in consumer loans, notably from NBFCs, is exacerbating household debt, threatening economic stability.

Economics 45

Economics 45

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Accounting Firms

Global Finance

MARCH 1, 2025

Hong Kongs Securities and Futures Commission and Hong Kong Exchanges and Clearing Ltd. (HKEX) are considering whether to ease initial public offering rules for mainland Chinese companies. Christopher Hui, the territorys secretary for financial services and the treasury, said at a recent conference in Shenzhen that the bourse pledged to ease listing requirements for Chinese firms.

Treasury 95

Treasury Finance Marketing Securities 95

Global Finance

MARCH 1, 2025

Californias recent traumatic spate of wildfires has spotlighted the often clunky process of traditional commercial insurance. Typically, businesses are required to document their losses, file a claim, and wait months or even years for reimbursement. Insurance companies must meticulously assess damages, verify that a claim was not excluded from the policy, and determine how much to pay.

Forecasting 52

Forecasting Finance Marketing 52

CFO News

MARCH 1, 2025

The government, in its Budget, has projected an 11% rise in GST revenue for the year, estimating total collections at 11.78 lakh crore, which includes Central GST and compensation cess.

Budgeting 40

Budgeting 40

Global Finance

MARCH 1, 2025

The 18 Hong Kong banks comprising the territorys joint task force on lending to small and midsize enterprises (SMEs) have agreed to discussions with other banks to assist SMEs in addressing cash flow pressures. Six member banks of the Hong Kong Association of Banks commercial banking group took the lead in January to negotiate fairer financial arrangements for SMEs facing capital-flow difficulties, especially in the construction sector; Other SME Financing Task Force member banks agreed to join

Banking 52

Banking Construction Communication Finance 52

CFO News

MARCH 1, 2025

AI In India: Chairman of Reliance Jio Infocomm Limited (RJIL), has called artificial intelligence (AI) the biggest technology change of this generation.

Technology 40

Technology 40

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Accounting

Global Finance

MARCH 1, 2025

Banks led by Morgan Stanley finally moved a significant amount of debt from Elon Musks Twitter purchase off their books. On Feb. 13, they secured the secondary sale of $4.74 billion worth of secured loans that mature in October 2029. This is well above their original goal of $3 billion. According to Reuters, investors will earn a 9.5% annual return on the loan amount they purchase.

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Valuation Entertainment Advertising Startups 111

CFO News

MARCH 1, 2025

Apple achieved record iPhone sales in India, reaching 12 million in 2024, aided by discounting older models and financing schemes. The company saw increased demand for MacBooks, iPads, and AirPods, driven by strong commercial and consumer interest, while the Apple Watch faced a decline in shipments.

Sales 40

Sales Finance 40

Global Finance

MARCH 1, 2025

Citing the need for a level playing field in access to critical minerals, deep-water ports and other key infrastructure or assets, the Trump Administration has paused the enforcement of the Foreign Corrupt Practices Act of 1977 (FCPA) until August, with a possible extension to February 2026. The FCPA, which was passed on the heels of numerous corporate corruption disclosures, makes it unlawful for any corporate officer, director, employee, company agent, or company shareholder to offer, pay, or

Compliance 97

Compliance Economics Securities Finance 97

CFO News

MARCH 1, 2025

India remains a key market for U.S. Polo Assn., experiencing rapid growth and outpacing the U.S. and Turkey. With 450 stores, plans include adding 60-70 stores annually and expanding flagship stores. Adjacent categories like footwear and kidswear are driving diversification. The brand also focuses on omnichannel strategy and plans further global expansion by 2025.

Marketing 40

Marketing Planning 40

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