Cathy K 
[ Investors considering long-term investment opportunities like stocks, mutual funds, bonds and real estate might want to look into an outside-the-box option that’s growing in popularity: original artwork. High-end art has gained momentum as a long-term asset in the investment marketplace over the last few years. After a fair but unremarkable performance in 2023, experts … Read more
[ NEW YORK, April 26, 2024 /PRNewswire/ –The global mutual funds market size is estimated to grow by USD 71.62 trillion from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 9.76% during the forecast period. North America is estimated to contribute 52%. to the growth of the global market. Get … Read more
[ PETALING JAYA: Microlink Solutions Bhd has secured a RM56.45mil contract from Bank Islam Brunei Darussalam Bhd (BIBD) to implement and maintain a new core banking system for the latter. In a filing with Bursa Malaysia, Microlink said its wholly-owned subsidiary Microlink Systems Sdn Bhd will provide software, services and maintenance to BIBD. Read original … Read more
[ NEW DELHI: India’s foreign exchange reserves declined for the second week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion.As per the latest data released by the Reserve Bank of India (RBI), the country’s foreign exchange kitty declined by USD 2.828 billion to USD 640.334 billion … Read more
[ Time & Place director Tim Price said the plan reflected “market demand, particularly among affluent private firms and family-run businesses who are opting to invest rather than lease”. “These investors are seeking assets rich in historical and societal value,” Price said. Cheaper to buy than rent: Golden Age is counting on downsizing professional firms … Read more
[ Over three days of testimony this week, Donald Trump’s hush money trial in Manhattan has spawned subplots inside and outside the courtroom. With a decision on one contempt motion pending, Judge Juan Merchan has scheduled a hearing on Thursday for prosecutors to argue that Trump has committed more violations of the judge’s gag order against … Read more
[ RBI action against Kotak Mahindra Bank: The Reserve Bank of India (RBI) recently imposed restrictions on Kotak Mahindra Bank, preventing the bank from onboarding new customers through its online and mobile banking channels and from issuing new credit cards. This has raised questions among existing and potential customers about the impact of this decision … Read more
[ A managed investment account is a personalized financial portfolio owned by a retail or institutional investor but actively overseen by professional money managers. It combines the expertise of human advisors with tailored investment strategies. If you prefer hands-off investing, managed accounts can relieve you from daily portfolio management, allowing experienced professionals to monitor and … Read more
[ WALL Street’s main indexes were set for a higher open on Friday as robust quarterly results from Alphabet and Microsoft lifted growth stocks, while fresh evidence of progress on the inflation front rekindled hopes of an interest rate cut this year. Alphabet jumped 11.7% in premarket trading after the Google-parent announced its first-ever dividend, … Read more
[ WASHINGTON: U.S. inflation rose moderately in March, but that is unlikely to change financial markets’ expectations that the Federal Reserve will hold off cutting interest rates until September. The personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department’s Bureau of Economic Analysis said on Friday. Data for February was unrevised … Read more
