Online lenders join gold rush into SE Asia

Online lenders join gold rush into SE Asia

Chinese online peer-to-peer (P2P) lending companies have been rushing into Southeast Asian countries in recent months to cash in on untapped and … While much of Southeast Asia offers a promising future for these lenders given its huge population and underdeveloped financial services industry,
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Endeavor Bank becomes first new San Diego bank in a decade

Like most community banks, Endeavor is targeting businesses. Yates described Endeavor's operating philosophy as “akin to where management consulting meets banking — a heavy dose of consultative advisory services mixed with bank products geared toward the small and medium size business
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Pending Home Sales Up Slightly

Pending home sales in December were up by 0.5 percent on both a month-over-month and year-over-year measurement, according to the National … “Jobs are plentiful, wages are finally climbing and the prospect of higher mortgage rates are perhaps encouraging more aspiring buyers to begin their
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Just how bad could the mortgage industry get in 2018?

The mortgage industry should expect significant volatility that could result in a wave of lender consolidation in 2018, warns an analyst at risk management technology vendor LoanLogics. Origination volume will continue to decline amid rising interest rates this year, which will leave lenders strapped for
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What to Watch for During Apple's Earnings Report on Thursday

Last year, Apple CEO Tim Cook gambled that customers were ready to pay more for their iPhones. Instead of just replacing 2016's two iPhone models with newer devices at the same price, as Apple had done for years, Cook introduced replacements with higher prices and debuted an all-new third
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EU holding line against passporting for British banks after Brexit

Speaking after EU officials briefed representatives of the other 27 member states on Tuesday, several diplomats who were present told Reuters that there appeared to be some differences among governments over how much access to EU customers they were willing to give banks and other financial
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Sidbi to offer concessional loans to small and micro enterprises

MUMBAI: For Small and Medium Enterprises there is yet another reason for smile – the Small Industries Development Bank of India, SIDBI, has begun directly to lend to companies instead of through banks. In a move that could benefit almost 5 crore small and micro enterprises, these loans are at least
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Ikea Fortune Falls to No One After Billionaire Founder's Death

8 on the Bloomberg Billionaires Index thanks to his control of a global retail fortune valued at $58.7 billion. His wealth will now be dissipated because of a unique structure put in place by Kamprad to secure the long-term independence and survival of the Ikea concept. Kamprad disputed his status as one
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Fujifilm gains control of Xerox to form $18 billion company

Fujifilm Holdings Corp. is gaining control of Xerox Corp. in a deal that would create an $18 billion company and see the iconic American corporate giant launching into new lines of business to seek global growth.
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Would Tencent Really Buy Twitter Inc.?

Therefore, buying Twitter could enable Tencent to significantly boost its international presence. Tencent could then integrate WeChat's live video platform into Twitter's oft-neglected Periscope app to create a massive worldwide live streaming ecosystem, integrate its massive video game portfolio into
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Appeals Court Upholds CFPB Constitutionality

The U.S. Court of Appeals for the District of Columbia Circuit has ruled in an 8-3 judgment that the single director leadership structure of the Consumer Financial Protection Bureau (CFPB) does not violate the Constitution, overturning an earlier court ruling that stated the opposite. The court also ruled
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Baker Ellis Asset Management LLC Lowers Holdings in Investors Title (ITIC)

Investors Title logo Baker Ellis Asset Management LLC lowered its position in shares of Investors Title (NASDAQ:ITIC) by 14.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,512 shares of the insurance provider's stock after selling 765 shares
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Does Johnson Controls International plc's (NYSE:JCI) PE Ratio Warrant A Buy?

Johnson Controls International plc (NYSE:JCI) is currently trading at a trailing P/E of 22.5x, which is lower than the industry average of 25.2x. While this makes JCI appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. Today, I will explain what
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Startup real estate brokerage opens new office

A 15-month-old real estate brokerage firm started by a Miami transplant is growing so rapidly that it's opening a new office on Main Street that is eight times the size of its former suite. Own NY Real Estate, founded by Jody Desnoyer in November 2016, started with a small team but now has 12 agents,
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Best Georgia Mortgage Lenders of 2018

And while you'll likely to worry more about curb appeal and an updated kitchen, choosing a mortgage lender is among your most important decisions. NerdWallet has researched many of the top lenders in Georgia and selected some of the best options for home buyers depending on their needs.
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Can David Kelly Save Wheeler Real Estate?

But Wheeler Real Estate (WHLR) management usually finds a way to snatch defeat from the jaws of victory. Finally, it appears that the directors have had enough. Jon Wheeler has been replaced by David Kelly as the chief executive officer and president. This was bound to happen. But the replacement
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Trump's CDC Director Steps Down After Tobacco Stock Scandal

President Donald Trump's head of the Centers for Disease Control and Prevention resigned amid a scandal surrounding investments she made in a tobacco company shortly after taking the helm of the agency. Brenda Fitzgerald. Photographer: Melissa Golden/The Washington Post via Getty Images.
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An Emotional Support Peacock? United Airlines Won't Let It Fly

Dogs and cats might be legitimate emotional support animals, but peacocks? Not so much, evidently. United Airlines blocked a passenger from bringing her emotional support peacock onboard a flight departing from Newark Liberty International Airport this weekend. The airline explained that the
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Oil Pares Strongest January Since 2013 on US Supply Outlook

The Bloomberg Dollar Spot Index, a gauge of the currency against 10 major peers, has declined about 3.6 percent this month, while the Bloomberg Commodity Index that measures returns on 22 basic resources from crude to copper climbed 2 percent in January. Oil-market news: Oil exports from Qatar,
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Enel Plans Power Sales to Miner of Cryptocurrency

Electricity demand for mining bitcoin, rose to about 20.5 terawatt-hours a year by the end of 2017, according to a report by Bloomberg New Energy Finance. The global industry's power use already rivals that of 3 million U.S. homes, according to the Digiconomist Bitcoin Energy Consumption Index.
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