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Julius Baer upgrades India to overweight as fastest growing major economy in 2021

Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will be the fa…

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Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions

The ranking takes into account the costs of housing and childbirth costs as well as wealthy status …

Grace Dean   


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First week of July sees Rs 7,900cr FPI infusion in equities; investment surpasses Rs 1 lakh cr in 2024

With a fresh infusion of Rs 7,900 crore, total FPI investment in equities reached Rs 1.16 lakh cror…

PTI   


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Why today's bull market is not a dot-com-bubble remake, investment chief says

"Observers making comparisons with the dot-com bubble are barking up the wrong tree," Julius Baer's…

Filip De Mott   


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Singapore is the most expensive city for a life of luxury, according to a new ranking. 2 US cities make the top 10.

Rent, house prices, school fees, taxes on cars, and other living expenses are all pricey in Singapo…

Grace Dean   


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US stocks fall as investors brace for key PCE inflation report

The Fed's preferred inflation measure is on deck, with implications for the pace and timing of rate…

Jennifer Sor   


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Apeejay Surrendra Park Hotels closes 31% above its issue price on debut

Hotel chain Apeejay Surrendra Park Hotels debuted on Dalal Street at a 20.6% premium on Monday. The…

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FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24

Foreign investors made a strong return by injecting more than Rs 2 lakh crore into Indian equities …

PTI   


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Chinese student arrested after secretly living under a mall staircase for 6 months: reports

A Chinese student avoided paying rent for half a year after he set up a makeshift home under the st…

Joshua Zitser   


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Monday blues on Dalal Street: Nifty, Sensex close in the red after record-breaking rally

Breaking a 11-session rally, the stock markets caught the Monday blues with benchmark indices closi…

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Top economist Mohamed El-Erian once again warns of the 'biggest Fed policy mistake in several decades'

Mohamed El-Erian has warned that the Federal Reserve's recent monetary policy choices could turn ou…

Zinya Salfiti   


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Chess world champion Magnus Carlsen breaks his silence, says 19-year-old Hans Niemann has cheated 'more recently'

Magnus Carlsen called Hans Niemann's over-the-board growth "unusual" and questioned his attitude du…

Scott Davis   


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A cheating feud involving world champion Magnus Carlsen and a 19-year-old prodigy is rocking the chess world

Magnus Carlsen's treatment of Hans Niemann has sparked cheating allegations, but so far, there's no…

Scott Davis   


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Chess prodigy Hans Niemann suing Magnus Carlsen for $100 million over cheating accusations

Hans Niemann's lawsuit claims that Magnus Carlsen, Chess.com, and others engaged in a coordinated c…

Scott Davis   


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How a top US chess player became the victim of a bizarre rumor that he used a sex toy to beat a world champion

The chess players, grandmaster Hans Niemann and world champion Magnus Carlsen are due to meet again…

Alia Shoaib   


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Elon Musk says he could take Twitter public again in as soon as 3 years: WSJ

Elon Musk could be signaling to private-equity investors that he would move fast to improve Twitter…

Weilun Soon   


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The 15 cities where it's most expensive to live a high-end lifestyle, from buying prime real estate to hiring a personal trainer

The bank surveyed 28 cities around the world: 10 in Asia, 12 in Europe, the Middle East, and Africa…

Katie Warren   


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A Swiss bank is giving clients the chance to bet up to $40 million on the US election outcome

Trump's largely unexpected victory in 2016 confounded investors, leading futures for the S&P 50…

Ben Winck   


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A chess Grandmaster says the game has entered its 'steroid era,' pointing to cheating allegations coming from its most prominent player

With Magnus Carlsen accusing Hans Niemann of cheating, without proof, it opens up the question as t…

Scott Davis   


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Luxury real estate prices around the world are rising at their fastest rate since 2017 - and Asian cities are leading the charge

The only non-Asian city to rank among the top five cities is Vancouver, where prime real-estate pri…

Lina Batarags