Accounts

Japan’s cash balance hits new high as BOJ pours cash to fight pandemic

The cash balance in the Japanese economy hit 543 trillion yen in May, hitting a record high for the second month in a row, as the central bank injected more liquidity to cushion the blow to businesses and to consumers by the coronavirus pandemic. Armed with a series of lending …

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Intelligent Loans supports new business dynamic with the appointment of Laura Knopp

Intelligent Loans, the Cardiff-based corporate lending and finance specialist, has announced the appointment of Laura Knopp as Head of Business Development. Laura has over 20 years of industry experience, having spent much of her career creating new business opportunities and helping UK SMEs access the financing solutions they need to …

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From October 1, 5% tax on transfers of foreign funds

Any amount sent abroad to purchase organized trips abroad, and any other foreign remittances made above ₹7 lakh, will attract a tax collected at source (TCS) from October 1, unless the tax is already deducted at source (TDS) on this amount. While the overseas tour package tax will be 5% …

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Florida Court Says Merchant Cash Advance Proceeds Not Subject to Usury Act | Bradley Arant Boult Cummings LLP

[co-author: Shelby Lomax] This month, a Florida appeals court ruled that an agreement to buy and sell a Merchant Cash Advance (MCA) was not a “disguised loan” and, therefore, was not subject to the Criminal Usury Act. Florida. MCA’s buy and sell agreements, which provide merchants with a fast and …

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3 stocks to buy with dividends paying more than 6%

Interest rates could be up from lows reached in the middle of last year, when the novel coronavirus pandemic was raging. But since rates haven’t improved too much from these record lows, overall dividend yields on stocks are correspondingly low. Fortunately, there are compelling exceptions to this standard. Some of …

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Tesla ($ TSLA) led Green Boom Rose from the ashes of Solyndra

It’s almost as if it never happened. Photographer: Bloomberg / Bloomberg Photographer: Bloomberg / Bloomberg This is Bloomberg Opinion Today, a Bloomberg Opinion whistleblower. register here. Agenda of the day The Solyndra also rises About 10 years ago, a solar power company that used a high-profile federal loan guarantee to …

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FIRST KEY STONE: MANAGEMENT REPORT AND ANALYSIS OF THE FINANCIAL POSITION AND OPERATING RESULTS (Form 10-K)

The purpose of Management's Discussion and Analysis of First Keystone Corporation, a bank holding company (the "Corporation"), and its wholly owned subsidiary, First Keystone Community Bank (the "Bank"), is to assist the reader in reviewing the financial information presented and should be read in conjunction with the consolidated financial statements …

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Bristol city center businesses seek recovery from COVID-19 | Latest titles

Believe in Bristol, an organization that supports inner-city businesses, helped. “Our organization worked with our two cities to add temporary signage downtown for those offering curbside pickup, making it more efficient and convenient for our community to support these small businesses,” said Maggie Elliott , director of Believe in Bristol. …

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Stock market leverage increases historically: Another WTF chart from zoo that made nuts

In an investment environment where nothing matters anymore – until it suddenly does. Through Wolf richter for WOLF STREET. In the current craze that encompasses everything from sneakers and NFT to stocks, where valuations don’t matter because of the widespread certainty that valuations will be even higher in a few …

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Loans to Coombe and Hotel Indigo accepted but labeled as ‘taxpayer rescue’

Multi-million pound cash loans to support the Coombe Abbey Hotel and Indigo Hotel were approved in Coventry – despite criticism they amounted to a ‘taxpayer bailout’. Council loans have been made for the authority-owned Coombe Abbey Hotel and developer Castlebridge Group for the construction of the Indigo hotel in Friargate. …

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