Author: CapitalGainsFund

Jul 21

Borrowers at risk of Morses payout cut

Morses Club has signalled that it could cut compensation payouts to borrowers after it became the latest sub-prime lender to warn that its future is threatened by customer complaints over mis-sold loans. Provident Financial and Amigo have already caused controversy by using a legal process called a scheme of arrangement to reduce the amount of […]
Jul 21

Breaking Down the BOJ Policy Decision

Sayuri Shirai, former monetary policy board member at Bank of Japan and professor of economics at Keio University, discusses the Bank of Japan’s policy decision and its impact on the yen and what it means for the economy. The Bank of Japan left its rock-bottom interest rates unchanged as it put concern over the economy […]
Jul 21

Sri Lanka’s New President Calls for Unity

Ranil Wickremesinghe was voted in as Sri Lanka’s president backed by a majority of lawmakers from ousted leader Gotabaya Rajapaksa’s party, a development that could reignite street protests in the bankrupt nation. Sudhi Ranjan Sen reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com […]