Canada’s Wealthsimple valued at $10 billion in equity round

By Stephanie Hughes (Bloomberg) — Wealthsimple Financial Corp. raised $750 million in the latest equity round that would value the financial services firm at $10 billion, making it one of Canada’s most valuable startups.  The capital raise announced Monday is co-led by San Francisco-based Dragoneer Investment Group and GIC in Singapore. The round includes both a $550 million primary offering…

South Australia Police give tragic update on missing four-year-old boy ‘Gus’ after six-day search

Authorities in South Australia have scaled back the search for four-year-old Gus, who went missing from a regional property near Yunta almost a week ago, with investigators now focusing on ongoing lines of inquiry.The frantic search entered its sixth day on Friday, but police have now revealed they will shift their focus into a “recovery phase”.Assistant Commissioner Ian Parrott addressed…

Trump insiders panic as he backs terrifying mortgage plan… and ‘moron’ behind disaster is exposed

Donald Trump's housing tsar has sparked panic in the White House after convincing the president to back a 'moronic' 50-year mortgage plan following an impromptu presentation at his golf club in Palm Beach.Bill Pulte arrived at Trump International Golf Club carrying what one onlooker described as a school-project-style display titled 'Great American Presidents.' At its center was a photo of Franklin…

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October Global Regulatory Brief: Risk, capital and financial stability | Insights

Key takeaways ASIC’s role is to ensure consumer credit protections are universally…

Financial planners overlook reverse mortgage line of credit

At the same time, a growing retirement crisis is making housing wealth…

University refurbishment work continues apace

A Newcastle-headquartered property consultancy is progressing two refurbishment projects designed to enhance…

Cheapest mortgage rates on the market are now three-year fixes

They may be less common than two or five-year deals, but three-year…

Understanding different types of loans in India: A guide

What's the story Navigating the world of loans can be daunting, especially…

Australia’s property boom ends as credit squeeze begins

Maggie Lu is one of thousands of borrowers hit by a credit…

Ops Sky: Financial consultancy gave commissions to attract new clients

KUALA LUMPUR: The financial consultancy firm that was busted by the Malaysian…

China sets lowest economic growth target since 1991

The event, which began on Wednesday and usually runs for at least a week, brings the country's leaders together for back-to-back meetings.Details of China's gross domestic growth (GDP) target and…