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UBS WEALTH REPORT
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
In Graphics: India’s wealthy cement their seat on the high tableWhile the USA remains the primary millionaire factory, India outpaced many developed markets in growth. India’s wealth is rooted in real as...
Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Foreign inflows in Asian bonds surge to three-month high in MayIn May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled...
US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlookUBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 202...
Asian stocks rebound on Iran optimism, AI tradeAsian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street...
Billionaire's FOMO: Ultra-rich families pouring money into AI stackThe world’s richest families are pouring money into artificial intelligence despite concerns over inflated tech valuations, according to a ...
US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimismGoldman Sachs has boosted its S&P 500 target for 2026 to 8,000. This optimistic outlook is driven by strong corporate earnings and continue...
Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report showsHong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift i...
European shares end at more than one-month high on tech boostEuropean shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resol...
InCred Holdings files updated draft IPO papers with Sebi; eyes Rs 1,250 cr via fresh issueRetail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,0...
$83 trillion changing hands: Are millennials & GenZ ready for the biggest wealth shift in history?
Global Market: Japan stock rally faces test as Middle East conflict clouds earnings outlookJapanese companies enter earnings season on a strong footing, but Middle East tensions pose risks to growth, inflation, and energy costs. W...
Global Markets | European equities log steep weekly losses with no resolution to MidEast conflictEuropean stocks saw a significant weekly drop Friday. Investors are concerned about growth and inflation due to Middle East conflict disrup...
US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
US added over 1,000 new millionaires a day last year, UBS report saysThe U.S. saw a significant surge in wealth last year, adding over 379,000 new millionaires, driven by a strong dollar and thriving financia...
Indian billionaires' wealth nearly tripled to $905 billion in 10 years: ReportIndia's billionaire wealth has tripled to $905.6 billion in 10 years, ranking third globally. This 42% growth rate is fueled by a booming e...
Britain likely to lose nearly one in six millionaires by 2028: ReportA UBS report predicts a 17% drop in U.S. dollar millionaires in Britain by 2028, citing high numbers and policy changes. Conversely, the U....
- Chinese eye UBS stake for wealth expertise
UBS, the fallen idol of Swiss banking, may never succumb wholly to a foreign takeover but investors see stake-building by a Chinese bank hu...