Asian consumers optimistic about the future regarding both nation’s economy and their personal financial situation improving over the next 12 months as per the recent study. Philippines most positive on country’s economy improving within one year at 58 per cent, 23 per cent higher than the regional average of 35 per cent. It is also
Pipe manufacturer, Maharashtra Seamless has had a successful year due to increased interest from investors and the improvement of crude oil prices. The company has doubled the investors money in the last one year. Maharashtra Seamless sells pipes, tube and also creates renewable energy through solar and wind. They are located in Thane, Maharashtra. Crude
Currently, India is focusing on the development of defense-related technologies. But the export aspect of the military has been important to investors. The Indian Defence Stock Hindustan Aeronautics Limited (HAL) was able to make a profit by 75% in 2022 because investments have paid off. Hindustan Aeronautics Limited (HAL) has been identified as the defence
Asia’s sixth richest person, Calvin Choi, is controlling the world’s hottest stock right now, AMTD Digital. Forbes estimates his holdings through ANMD make him worth the billions, but its struggling stock prices don’t seem like they’ll hold up. He also holds shares in ANMD’s parent company and those are valued much less heavily. The market
In line with market expectations, US Fed hiked interest rates by 75 bps in its latest meeting. Hence, Fed funds rate now stands in the range of 2.5%-2.75%. The FOMC statement noted that inflation remains elevated and labour market conditions remain tight thus necessitating the rate action, even though economic activity appears to have slowed
World Fund $128 million investment in IQM is a sign of confidence that the Finnish quantum computing company will one day deliver full carbon cuts by the megatonne. Companies like IQM raise awareness of the potential of quantum computing by focusing on how it could impact fields like chemistry and machine learning, but skeptics argue
Global sovereign 10Y yields have shown moderation across the board as recession fears outweighed inflationary concerns. However, central banks kept in mind price stability and went on with aggressive rate hikes. India’s 10Y sovereign yields have only fallen a tad in the current fortnight. Average borrowing cost for central government securities, SDLs and TBills have
Shares in Twitter fell after Elon Musk announced he was pulling out of the deal to buy the social media platform. Sources state that Elon Musk backed away from his threat following Twitter’s release of a report outlining various issues on the site, such as spam and fake accounts. Twitter plans to fight this deal,
Choosing an equity mutual fund for your portfolio demands a two-phased thorough selection process. The first involves determining your financial goal, as well as its time horizon and a risk tolerance evaluation. The second phase is finding appropriate funds and examining various risk parameters by seeking specific information about the funds. An investor must consider
Bonds often get overlooked by retail investors. In traditional portfolio management, they are the second most important asset class after equities, but a quick search online will reveal a far lesser interest in these financial instruments compared to equities, forex or even commodities. So what are bonds? Bonds are debt. By buying a bond issued
