The Securities and Exchange Commission has appointed Kathleen M. Hutchinson as Director of the agency’s Office of International Affairs (OIA). OIA advises the Commission on international policy matters, coordinates with foreign authorities across the globe to facilitate cross-border enforcement and supervisory cooperation and provides technical assistance. Ms. Hutchinson has served as OIA’s Acting Director since…
Bajaj Auto‘s biggest share buyback worth Rs 5,633 crore is set to close today, giving its shareholders the last chance to tender shares at Rs 12,000 per share, which is around 20% higher than the stock’s previous closing price. The two-wheeler major launched its share buyback on July 1 as it aimed to buyback 46.94…
Three years ago, startup founders loved showing off their AI stack like it was a trophy shelf. A writing tool here, a chatbot there. Maybe an automation layer stitched together with good intentions and a prayer. It looked impressive in investor decks and sounded even better on podcasts. Then reality caught up. Teams learned the…
Mashreq Al Islami secured the Middle East’s best Islamic digital bank award on the back of a transformation that moved Islamic banking from a parallel offering to a fully scaled, end‑to‑end digital franchise. During the review period, the bank demonstrated that Shariah‑compliant banking can be delivered at speed, at scale and profitably, while meeting some…
Uneventful Summertime Monday Mon, Jul 6 2026, 4:03 PM Uneventful Summertime Monday Volume and–sometimes–volatility can be generally lower in the middle of the summertime months as fewer traders are consistently at bond desks–especially on days adjacent to 3-day holiday weekends. Today was a classic example. Bonds barely budged and volume is on…
The selloff in chip-related shares across Japan and South Korea highlights how closely the Nikkei tracks sentiment in Samsung and the broader Korean market, even when the trigger is a strong earnings forecast rather than a weak one. The rotation out of technology and into financials and other value names suggests investors are using the…
After spending more than a year on the sidelines, global investors are showing fresh interest in India as sentiment begins to improve across the country’s markets. Citigroup Inc.’s India team returned from meetings with 36 US clients saying appetite for the country’s assets is reviving. Macquarie Capital Securities is seeing a pickup in customer queries…
In terms of state income tax, you might wonder who exactly is responsible for paying it. In 41 states and the District of Columbia, residents face taxes on all their income, whereas non-residents only pay on income earned within those states. Tax rates vary greatly, often depending on your income level, and some states even…
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. Part 1 — Finance teams are losing some productivity gains verifying AI outputs, according to IDC-Sage report Artificial intelligence tools have…
The president hasn’t always approved of Walmart’s moves, having criticized the chain’s response to tariffs last year.