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Chinese equity stage a recovery, against a troubling backdrop for retail investors

After days of troubling movements in Chinese equity markets, some semblance of normality seems to be returning at last to the Hang Seng and CSI300 indices. A combination of strong earnings performance from e-commerce giant Alibaba, renewed confidence in coal mining shares (with Yankuang Energies seeing a 9% rally), and outstanding performance (+13%) by locally-focused […]

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PoW vs. PoS as European Parliament rejects clause in MiCA

The crypto industry loosened up as the European Parliament rejected a clause in MiCA. Furthermore, the crypto industry weighs the pros and cons of PoW vs. PoS. The clause in Markets in Crypto Assets (MiCA) would have banned PoW protocol-based cryptocurrencies, including bitcoin.  However, Solana and Cardano stand on PoS, where miners can “stake” cryptocurrencies […]

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Tax Saving Mutual Funds’ monthly SIPs substantial increment

The monthly SIP of tax Saving Mutual Fund increases from ₹10,000 to ₹14.55 lakhs over seven years.  Presently, Equity Linked Savings Scheme (ELSS) is known as one of the finest investment tools.  Moreover, ELSS helps an investor synchronize with the markets and enables them to cut down the income tax.  Section 80C of the Income-tax […]

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Rupee Depreciation significantly affects the economy

Presently, the world witnesses the rupee depreciation touching a record low of 3.5% as compared against the dollar in 2022.  Moreover, such significant rupee depreciation is a byproduct of conflicts between Russia and Ukraine.  After all, the Russia-Ukraine war fueled the rising oil and various other commodity prices.  However, increasing interest rates in the US […]

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China pledges support for economic stability, Asian market prospects brighten

The Hang Seng TECH Index (HSI.I) seems to be on the mend and has grown higher this Thursday morning by over 5% after an astonishing 9% increase yesterday. The Hang Seng TECH Index likewise has made a sharp turn for the better with an increase of 22%. Both came just after China’s Vice Premier Liu […]

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The week ahead hosts the IPL, UK Inflation, Oscars, etc

The week ahead is yet to bring along events of high importance. Presently, the sports enthusiasts in India wait for the Indian Premier League (IPL).   Moreover, on Thursday, World Tuberculosis day will spread awareness globally.    Furthermore, the week ahead will bring events of high importance like the UK’s Retail Inflation crisis.  During the coming week, […]

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Is Manchester United (MANU) an excellent investment?

Manchester United plc (NYSE:MANU) founded in 1878, an Old Trafford, Stretford-based sports teams and clubs company worth $2.0 billion market capitalization.  The company spearheaded by CEO David Gill makes for an excellent investment.  Furthermore, since the beginning of 2022, Manchester United plc (NYSE:MANU) delivered -12.15% in return and the 12-month return dipped by -33.74%.  However, […]

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Oil dips again amid the myriad of global factors

Heavy losses on Tuesday followed Monday’s oil dip. The dip in oil is a result of the myriad of global factors.  The global factors affecting the oil dip are slow Chinese demand and the unwinding of trades ahead of the Federal Reserve’s rate hike on Wednesday.  Additionally, talks between Russia and Ukraine have also weighed […]

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Stock plunge makes China’s richest lose $53 billion in one day

The stock plunge on Monday made China’s richest lose $53 billion.  As per Bloomberg Billionaires Index, China’s bottled water king Zhong Shanshan led the plunge by losing $5 billion, followed by a drop of $3.3 billion in Tencent Holding Ltd’s.  Tencent Holding Ltd’s Pony Ma now stands third with a net worth of $35.2 billion.  […]

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