Market News
AIG to Sell 20% of Corebridge to Nippon Life for $3.8 Billion
Wall Street Journal - 16 May 2024 14:20
Insurance giant American International Group has struck a deal to sell a stake in its majority-owned life-and-retirement arm Corebridge Financial to Japan's Nippon Life Insurance for $3.8 billion.
Real Estate Investments: How are retail investors benefiting from small and medium REITs?
livemint.com - 16 May 2024 07:10
Indian regulators drive real estate sector transformation with progressive reforms including RERA Act, GST, and REIT regulations. SM REITs democratize access to real estate investing, offering transparency, liquidity, an...
Canada Goose jumps 16% after the company reports growth surge in China
CNBC - 17 May 2024 00:34
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.
Dow Jones Industrial Average Tops 40000 for the First Time
Wall Street Journal - 16 May 2024 20:14
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.
Why Jim Cramer says Costco is the 'stock to buy off of' Walmart's big quarterly beat
CNBC - 16 May 2024 20:11
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
'Taxes in real estate not high compared to all subsidies': Deepak Shenoy counters broker's queries to FM on high taxes
livemint.com - 16 May 2024 20:07A Milwaukee Couple Wants to Retire at 60. A Financial Adviser Gives Them a Road Map.
Wall Street Journal - 16 May 2024 20:00
They also want to make sure they can help their parents when the time comes.
Money Angst? You Might Consider a Financial Therapist
Wall Street Journal - 16 May 2024 18:00
Unconscious beliefs and emotions can mess up how people handle their finances. The hard part is finding experts qualified to handle both money and the mind.
Not child's play: Why maternity insurance is booming and how to choose the right plan -- all your queries answered
livemint.com - 16 May 2024 17:46
Maternity insurance plans have become increasingly popular amid rising healthcare costs, with an 80 per cent YoY rise in FY24.
Navigating the current global uncertainty with gold
livemint.com - 16 May 2024 16:57
Gold consumption in China has increased by over 6% this year despite higher prices. There is a lesson for the rest of the world in this
BT shares soar as British broadband provider targets another £3 billion in cost cuts
CNBC - 16 May 2024 15:54
Shares of British telecom company BT Group surged Thursday, on the back of the firm announcing further cost-cutting.
How US, UK social security system is unfair for Indians
livemint.com - 16 May 2024 15:52
Indian workers do not face a level-playing field when it comes to receiving social security benefits in some countries like the US and UK. And it may not get better.
EPF: How to withdraw money from your PF account? Key questions answered
livemint.com - 16 May 2024 15:14
For withdrawal of your EPF money, you should ensure that you have seeded relevant details in the EPFO database. These details are as follows: Aadhaar, bank account number along with IFSC details and your Permanent Accoun...
Top 5 banks offering low interest rates on home loans; check full list
livemint.com - 16 May 2024 14:00
SBI offers home loans in the range of 9.15 percent to 9.65 percent based on the CIBIL score. The higher the score, the lower the interest rate. When the CIBIL score is above 750, the bank charges 9.15 percent and when th...
EasyJet shares fall on profit miss, CEO departure
CNBC - 16 May 2024 13:53
Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million.
The GameStop Mania Is Back. Is Wall Street Ready This Time?
Wall Street Journal - 16 May 2024 13:37
Problems in the plumbing of the financial system were costly for investors in 2021, and a planned upgrade still isn't complete.
America Is Still Headed for a Soft Landing
Wall Street Journal - 16 May 2024 13:30
Don't rule out a surprise rate cut this summer.
Siemens posts industrial profit drop as automation division slows
CNBC - 16 May 2024 13:04
German technology giant Siemens on Thursday reported a a decline in earnings in the first three months of 2024 and said its automation division had slowed.
Microsoft asks China staff 'to consider leaving country'
Telegraph - 16 May 2024 10:33
Microsoft has been accused of asking hundreds of employees in China to consider transferring outside of the country amid growing tensions between Washington and Beijing.
Gold continues to shine brighter: 5 key reasons to add this precious metal to your portfolio
livemint.com - 16 May 2024 10:15
Investors can take exposure to gold via ETFs and Sovereign Gold Bonds. Gold should be viewed as a diversification tool in a portfolio, not for high returns. Central banks' strong demand for gold has surged prices, with m...
China Property Stocks Rally as More Cities Unveil Rescue Steps
Wall Street Journal - 16 May 2024 10:12
Shares of Chinese property developers surged on rising expectations that government entities in China are helping buy up excess housing in a bid to revive the struggling real-estate sector.
Japan's Biggest Insurer Plans to Go Big on Foreign Credit
Wall Street Journal - 16 May 2024 09:46
Nippon Life Insurance, the largest insurer in Japan by asset size, is planning to invest more in foreign credit markets, looking to diversify its portfolio even as key domestic yields hover at decade highs.