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2 mins read

Global energy outlook will shift once Trump returns to White House: Report

Trump's win in the US presidential election may shift the global energy outlook in response to anti…

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3 mins read

India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report

India is well positioned to be a driver of greater wealth, according to a global wealth report by B…

ANI   


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Elon Musk's wealth soars past $300 billion as Tesla shares climb on the back of Trump's election win

Tesla's share price has climbed by around 28% since Tuesday's close. The company on Friday hit a tr…

Rebecca Rommen   


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3 mins read

Trump's win spells trouble for a luxury comeback in China

Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sent…

Maria Noyen   


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1 min read

The financial ties between China and Saudi Arabia keep getting deeper

China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.

Filip De Mott   


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4 mins read

Why Ralph Lauren, the all-American luxury brand, is a hit in China

As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning i…

Maria Noyen   


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2 mins read

Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide

LVMH's Bernard Arnault and Kering's François Pinault took a hit to their vast fortunes as luxury st…

Theron Mohamed   


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4 mins read

China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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7 mins read

Can investing in gold this festive season add the much-touted Midas touch to your investments?

Gold prices surpass Rs 80,000 per 10 grams, fueled by inflation and global geopolitical tensions. W…

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2 mins read

Nobel laureate Paul Romer says the US could not replicate India’s Aadhar success — here’s why

Romer emphasised that Aadhaar has solved a crucial problem — authenticating the identity of citizen…

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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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1 min read

Bernard Arnault's wealth is slumping as the luxury boom falters

Bernard Arnault is the only one of the world's 15 richest people who has seen their wealth fall so …

Grace Dean   


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2 mins read

LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge

China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth f…

Theron Mohamed   


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4 mins read

China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.

China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…

Huileng Tan   


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5 mins read

China's $114 billion stimulus package immediately boosted its stock market. But can it last?

China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…

Dan DeFrancesco   


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4 mins read

Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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2 mins read

At $110 billion, Indian diaspora diverted more wealth than any other to its home country in 2022

While this is undoubtedly an impressive figure, it probably comes as no surprise, considering that …

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3 mins read

Apple is losing ground in China. Here's how the iPhone 16 can help.

Apple is about to launch its AI-powered iPhones at a time when its sales in China have been sliding…

Hasan Chowdhury   


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2 mins read

Even Xi Jinping admits China has a painful road ahead despite his new stimulus

"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's co…

Matthew Loh   


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6 mins read

Top 25 richest people in India in 2024

India has the third highest number of billionaires in the world, behind the US and China. The count…