You Searched For "Global Wealth Report" and got 20 results
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2 mins read
Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
Mega-events, like Taylor Swift shows and the Olympics, could distort headline inflation figures, UB…
Jennifer Sor
2 mins read
Wealth per adult: India growing 2X that of global average but still 1/5th in real terms
Indian wealth per adult has been growing 8.7% per annum from the start of the millennium and was at…
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
2 mins read
Stock market today: Indexes tank after weak jobs report sparks panic
The Nasdaq 100 entered correction territory and the VIX spiked as much as 60% to hit its highest le…
Matthew Fox
2 mins read
India has the widest gender wealth gap in the APAC region: WTW report
Only 3% of women in the workforce occupy senior positions in India.Globally, women in senior expert…
2 mins read
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
3 mins read
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
2 mins read
Gen Z is confident in its ability to build up wealth — at least the rich ones are
Among high-income earners, Gen Z is most confident in their ability to get richer.
Hannah Getahun
2 mins read
There's a global shortage of stocks that will backstop the market for the foreseeable future
"We are just not going to have enough issuance to satiate the pools of capital that need to put mon…
Matthew Fox
2 mins read
India's super rich put 17% of investable wealth in luxury items says Knight Frank
The Indian ultra-rich allocate 17 per cent of their investable wealth towards luxury items, with ma…
PTI
1 min read
The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "L…
Jacob Zinkula
2 mins read
Crashing markets thinned the ranks of America's millionaires last year as global wealth shrank for the first time since 2008
The US saw the biggest drop in wealth, shedding $5.9 trillion. Japan, China, Canada, and Australia …
Phil Rosen
1 min read
JPMorgan beat earnings expectations but CEO Jamie Dimon rings the alarm on global trouble
JPMorgan posted solid profit and revenue growth last quarter, but Jamie Dimon warned of geopolitica…
Theron Mohamed
3 mins read
Global shifts make compelling case for a structural bull run in Indian assets, says Standard Chartered Bank’s wealth management office
India’s macroeconomic backdrop sets Indian financial market assets up to perform well on a multi-ye…
3 mins read
Indian fintech startup funding fell 45% to $6.3 billion in 2022: IIFL report
Overall funding for startups declined to $46.69 billion in 2022, from $74.5 billion in 2021. The In…
2 mins read
Wealth of 5 richest men doubled since 2020; five billion people made poorer: Oxfam
Fortunes of five richest men have more than doubled since 2020 and the world could have its first-e…
PTI
3 mins read
The great wealth 'realignment': Affluent people keep moving from NY and SF to cheaper, warmer places
Affluent people keep moving to Florida, Texas, Tennessee, and North Carolina for bigger homes, warm…
Zoe Rosenberg
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
1 min read
We cannot properly tackle the climate crisis without addressing our socioeconomic inequalities first: experts
Limited wealth, political influence, access to public transport, and even free time — these factors…
2 mins read
A 2% global tax on all billionaires could raise $250 billion annually, a research report backed by a Nobel Prize-winning economist says
The EU Tax Observatory estimated that a 2% global minimum tax would raise close to $250 billion ann…