Bestselling personal finance book, Rich Dad Poor Dad author Robert Kiyosaki on Monday issued a warning about an imminent global financial crisis, sounding an alarm on how the economy functions. In a post on X, Kiyosaki gave the example of the collapse of hedge fund LTCM and how the Wall Street bailed it out in…
In India, the Nifty 50 plunged over 5% in four days post tariff announcement, while the India Volatility Index (VIX) shot up 65.7% to 22.8 on 7 April âits sharpest single-day spike since 2007. Though US President Donald Trump partially rolled back tariffs on 9 April, offering a 90-day pause for most nations (excluding China)…
I am planning to buy a home and will be taking a loan to finance my purchase. While exploring my options, I came across loan protection insurance. I want to understand whether it is necessary and how it can benefit me. â Name withheld on request Buying a home or car is a dream come…
The Bank of Japan is on course to finish offloading millions of dollars of stocks that it bought from beleaguered banks during the financial crisis two decades ago sooner than scheduled, a development that throws into focus the fate of its considerably larger holdings of exchange-traded funds. The book value of share holdings acquired by…
(Bloomberg) — Iceland is creating a domestic payments infrastructure to ensure it can process transactions even if the island is cut off from the rest of the world. Connected to other countries by four submarine data cables, the North Atlantic nation wants to ensure payments can be made even if thereâs no internet connection out…
