Business news — September 7, 2026

6 publications

1. BusinessTradeEquities

   Sep 7, 2026, 17:56 UTC

   

   National Bank Launches UVA Credits for Car Purchases

   The National Bank has introduced a new UVA credit line for purchasing 0km and used cars up to 10 years old. The financing covers up to 100% of the vehicle's value, with a maximum amount of $100 million per user. The new line offers two options: a fixed-rate peso modality and an inflation-adjusted UVA modality. The UVA option provides a lower initial installment but may see subsequent installments vary based on inflation. Both options do not require collateral and can be managed online with just a DNI. The bank offers a cap on installment increases tied to the Salary Variation Coefficient (CVS) for an additional annual premium.

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2. BusinessCross-borderFraudLaunderingCyberattack

   Sep 7, 2026, 11:38 UTC

   Cross-Border Fraud Ring Busted: Scamming Women Through Fake Gambling Sites

   A cross-border high-tech fraud ring, led by Chinese nationals, was recently busted by Vietnamese and Lao authorities. The gang posed as successful entrepreneurs on social media to scam Vietnamese women into depositing money on fake gambling websites, illegally occupying over 445 billion Vietnamese dong (approx. 1.146 million yuan). From March to June 2022, the syndicate recruited Vietnamese workers via social media, promising easy work and high pay, and brought them to Laos. The gang used excuses like 'IP anomaly' or 'algorithm error' to convince victims to let them operate and share profits, initially allowing small wins and withdrawals to build trust. Once victims deposited large amounts, the withdrawal function would be frozen, forcing them to transfer more money. On June 7, joint enforcement teams arrested 57 suspects in Bokeo province, Laos, with 45 Vietnamese suspects repatriated to Hai Phong.

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3. BusinessCorp Gov

   Sep 7, 2026, 06:36 UTC

   

   Retirement Wealth Management: Consumption and Asset Allocation

   The optimal consumption strategy for retirement assets and the appropriate stock allocation can significantly impact one's financial well-being in old age, potentially making a difference of tens of thousands of euros.

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4. BusinessBudgetTaxTrade

   Sep 7, 2026, 04:56 UTC

   Budget 2027 to Focus on M40 and Low-Income Households

   The upcoming Budget 2027 in Malaysia, to be tabled on October 9, will prioritize addressing socio-economic issues, particularly the well-being of the middle-income group (M40) and low-income households. These groups are facing significant economic pressure due to rising living costs. Existing cash aid schemes like STR and SARA will be strengthened, and the government is considering improvements and new financial support measures. The budget aims to ensure political and economic stability for policy implementation.

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5. BusinessBudgetTradeLogistics

   Sep 7, 2026, 01:29 UTC

   Aeroflot Demands State Support for Re-Engineering SSJ 100

   Aeroflot CEO Sergey Alexandrovsky has stated that replacing foreign engines with Russian ones on SSJ 100 aircraft is feasible only with state financial support. The estimated cost per aircraft is around 2 billion rubles. Without subsidies, Aeroflot predicts the withdrawal of SSJ 100 from Russian airlines' fleets. The company plans to redistribute flight hours and introduce new MC-21 aircraft to compensate for lost carrying capacity.

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6. BusinessLeadershipResignationBanking

   Sep 7, 2026, 01:15 UTC

   

   Ryan Stokes Appointed Chair of Southern Cross Media Group

   Ryan Stokes, son of billionaire Lang Walker, has been appointed as the new chair of Southern Cross Media Group. This marks the third boardroom leadership change since the merger with Seven West Media was completed in January. The appointment comes seven months after his father, also named Ryan Stokes, stepped down from the position.

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