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CREDIT SUISSE BUST
The world could get its first trillionaire within 10 years, anti-poverty group Oxfam saysThe global elite at the World Economic Forum in Davos grew $405 billion richer in 2020 and reached a total wealth of $869 billion last year...
Gear up, the world's first trillionaire is at best, 10 years away: ReportOxfam International predicts that the world could have its first trillionaire within a decade, highlighting the growing disparities between...
How to inflation-proof your portfolio. Here are 5 things you can doConsequently, some caution might lurk around in markets in the immediate short term, and multiples may see some softening. However, in the ...
That synching feeling of Central BanksBank stocks and bonds led the global market rout as crisis lingered in US regional banks and the shotgun merger of a Swiss banking icon, bo...
Markets cannot be shielded from US Fed's predicamentIn the past week, the debate in financial markets has been whether the Fed would give precedence to the mess in the US banking industry or ...
What financial crisis? US economy has investor backing, survey showsThe banking turmoil has clearly had a psychological impact, as well as shifting the Fed outlook. Almost half of MLIV respondents said a 50-...
Credit Suisse made ''serious breach'' of law: Swiss regulatorSwitzerland's financial markets authority, FINMA, said on Tuesday that it has concluded enforcement proceedings opened two years ago agains...
Corruption, money laundering reaching new high in Pakistan under Imran Khan govtMeanwhile, busting of the multi-national money-laundering and human trafficking racket run by Pakistanis in Paris has raised serious questi...
Swaminomics: Why India needs more startup crorepatis"Many critics think India (and the world) have too many billionaires and want to reduce the number to check wealth disparities. I would go ...
Swaminomics: Why Zomato IPO is reason for cheerIndians celebrating 30 years of economic reform must cheer this remarkable outcome. It denotes a new class of businesses with no great inhe...
Nomura’s prime brokerage pullback deals blow to global goalsJapan’s biggest brokerage will stop offering cash prime-brokerage services in the US and Europe, and has given some clients about six month...
Wealth of India's richest 1% more than 4-times of total for 70% poorest: OxfamIndia's richest 1% hold more than four-times the wealth held by 953 mn people who make up for the bottom 70%.
Pakistan stocks to get a big bold buyer: The governmentTraders in the Karachi are no strangers to government support measures.
View: Beside credibility, performance should also define RBI's autonomyCredibility is not a function of autonomy alone. The performance of a regulator is equally important.
Banks slow lending to smaller MFIsShe, however, said that bigger MFIs with deep pockets and overseas funding and the ability to withstand difficulties did not face such an i...
Top fund managers project 20% upside in Sensex in ’16Year 2015 failed to cheer investors, but top fund managers are hopeful that the market will not disappoint in 2016.
Can’t repay Rs 100 crore to bank? Take 200 crore more, Mr DefaulterInvestors bet big on the Narendra Modi regime turning things around, boosting profits. Instead, the regime has piled on misery for companie...
- Global economy may shrug off US slump
Wall Street economists are reviving a bet that the global economy will withstand the US slowdown.
- HK's financial, property firms forced to cut staff
Financial and property firms in Hong Kong have started laying off staff as they feel the full force the global financial crisis, newspapers...
- Fewer, pricier flights and job cuts: airlines' response to oil prices
As oil prices soar, airlines are coming back down to earth with a bump -- cutting routes and capacity, ramping up prices and axing jobs as ...