Exclusive: Alibaba’s Ant Financial close to closing bigger-than-expected $3.5 billion debt financing round – CNBC

Raising money in U.S. dollars will help Ant Financial spend money abroad as the Chinese government continues to keep an eye on capital outflows. In December, the government clamped down on the amount of money companies could move out of China, and while those restrictions have eased slightly, moving yuan can still be difficult. Having…

‘It’s a sham’: Chris Bowen targets Scott Morrison over housing package, debt blowout – The Sydney Morning Herald

The federal government’s housing affordability package is a “sham”, Labor’s Chris Bowen says, and the measures set out in the 2017 budget will simply drive up prices. Mr Bowen, in his budget reply speech at the National Press Club on Wednesday, will slam the Coalition for quietly raising Australia’s debt ceiling to $600 billion on…

Employee Benefit Professionals Launch StuLo, a Student Loan Debt Relief and Financial Wellness Benefit – Benzinga

As an alternative to employer-funded student loan repayment assistance benefits, Student Markets Group, Inc. d/b/a StuLo, provides significantly more benefit value at little to no cost to the employer. Phoenix, Arizona (PRWEB) May 16, 2017 Student Markets Group Inc. has announced the launch of StuLo, an employee and association-member benefit program that is focused on…