Finance refers to the management, creation, and study of money, investments, and other financial instruments. It encompasses the processes of acquiring funds and allocating resources over various time periods, often involving investments in assets like stocks, bonds, and real estate. Finance can be divided into three main categories: personal finance, corporate finance, and public finance.
Personal finance pertains to individual budgeting, saving, investing, and planning for future financial needs. Corporate finance deals with the financial activities and strategies of businesses, including capital structure decisions, funding, and risk management. Public finance involves the financial management of government entities, including taxation, government spending, and budgeting.
Overall, finance plays a crucial role in the economic stability and growth of individuals, businesses, and governments, influencing investment decisions and market dynamics.
Norinchukin Bank, a major player in agricultural finance, reported a massive loss of over ¥1.4 trillion due to unsuccessful investments in foreign bonds. President Watari Oku is resigning, taking responsibility…