Latest finance & investment news and updates
Honolulu Police Department (HPD) reports that Oahu residents have lost over $7 million to fraud in 2025, a significant escalation that has prompted warnings from law enforcement, advocates, and lawmakers. This surge underscores the urgent need for increased vigilance and proactive measures to protect financial assets and business interests in the Hawaiian Islands.
The University of Hawaii's athletic department concluded the fiscal year with a deficit of $162,117, according to a recent report. This financial setback raises concerns for local entrepreneurs, investors, and related businesses in Hawaii, especially given the high costs of running a collegiate athletic program and ongoing challenges.
Central Pacific Bank (CPB), a local institution committed to Hawai'i's success, is actively focusing on supporting local businesses, recognizing their vital role in the state's economy. This commitment is realized through tailored financial products and services designed to empower entrepreneurs, startups, and established companies across the islands.
As a recent report highlights the increase in household debt in Hawai'i, Hawai'i Community Lending (HCL) steps up to provide financial relief. With a focus on supporting local families, HCL is offering competitive interest rates for both purchasing and refinancing homes on Hawaiian Home Lands.
Ann Teranishi, President and CEO of American Savings Bank, was named CEO of the Year by Hawaii Business Magazine, marking her leadership through the company's transformation. The interview highlights her pivotal role in navigating the challenges of the COVID-19 pandemic and the bank's recent independence.
Ann Teranishi, President and CEO of American Savings Bank (ASB), has been named CEO of the Year by Hawaii Business Magazine. This recognition highlights her pivotal leadership in guiding ASB through significant challenges, including the COVID-19 crisis and its recent transition to an independent, investor-owned bank.
Governor Josh Green has appointed the state's chief economist as the new finance director, signaling a shift in state financial leadership. This move comes as the state prepares to appoint a new chief economist, presenting potential implications for Hawaii's economic outlook and policy.
Wall Street's recent gains, fueled by tech sector rebounds and growing expectations of a December interest rate cut by the Federal Reserve, are drawing attention from Hawaii's business community. These shifts in the financial landscape could significantly impact investment strategies and create new opportunities.
Seth Colby, just months after being appointed as Hawaiʻi's chief state economist, will now take on the role of budget and finance director. This move is significant, potentially impacting financial planning, economic policy, and the business landscape across the islands.
Hawaii residents face a significant increase in health insurance premiums in 2026, with Obamacare plans slated to rise by 11.6%. This rise, driven by escalating medical and pharmacy expenses, poses challenges for businesses and individuals across the islands.
The recent downturn in the cryptocurrency market, with over $1 trillion in value erased, is sending ripples through Wall Street and could have a nuanced impact on Hawaii's financial landscape. This article explores the potential effects on local investors, startups, and the broader business environment.
Recent comments from Federal Reserve officials have led to expectations of a rate cut, causing the U.S. dollar to soften against major currencies. This trend could influence investment strategies and the broader financial climate in Hawaii.
Newly released federal court documents detail allegations of widespread embezzlement by Christopher Dawson, a prominent Native Hawaiian defense contractor, who died by suicide in late 2024. The Justice Department claims Dawson and other executives siphoned off millions of dollars from his companies, including Hawaiian Native Corp. (HNC), for personal enrichment.
Central Pacific Bank (CPB) has announced a strategic partnership with Korea Investment & Securities. This collaboration aims to provide enhanced financial services and investment opportunities for Korean individuals looking to engage with the Hawaiian market.
Recent volatility on Wall Street saw stocks experience significant swings, though the market ultimately closed higher. This fluctuation presents both challenges and opportunities for Hawaii-based investors and businesses, requiring careful consideration of market trends and economic indicators.