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    • Economic Growth

    UBS is in talks about a joint venture for Indian minority-owned assets, sources said
    Utah

    UBS is in talks about a joint venture for Indian minority-owned assets, sources said

    UBS is in talks with Mumbai-based 360 One WAM to set up an Indian wealth management joint venture, two sources with direct knowledge of the matter told Reuters. The joint venture would help the Swiss bank expand its Indian wealth…

    Posted on Caradoc Wyn
    Fed rate cut: The Fed rate cut cycle begins today. How it could affect the prices of your stocks
    Idaho

    Fed rate cut: The Fed rate cut cycle begins today. How it could affect the prices of your stocks

    After four years on the global markets, the US Federal Reserve is marking the beginning of a new phase of the rate-cutting cycle. It will cut rates from the current 23-year high between 5.25% and 5.50%. As for the stock…

    Posted on Madoc Meredith
    1 FTSE dividend share I want to keep forever
    New Jersey

    1 FTSE dividend share I want to keep forever

    Image source: Anglo American plc Holding dividend stocks for an indefinite period of time and reinvesting the dividends can significantly increase wealth. As the distributions from dividend stocks are reinvested, they can generate more dividends, creating a snowball effect that…

    Posted on Seren Anwen
    China’s equity worries: Funds avoid stocks in favor of bonds, ETFs and luxury real estate in a declining market
    New Jersey

    China’s equity worries: Funds avoid stocks in favor of bonds, ETFs and luxury real estate in a declining market

    Four months after the State Council, China’s cabinet, passed a Nine-point document The aim was to restore investor confidence and attract long-term funds. However, after a recovery rally, the market is once again in a downward spiral. There are clear…

    Posted on Seren Anwen
    China’s stock market turnover falls to 4-year low as investors worry about stimulus package
    New Jersey

    China’s stock market turnover falls to 4-year low as investors worry about stimulus package

    Daily turnover in China’s domestic markets has fallen to its lowest level in four years, suggesting investors are waiting for clearer signals from policymakers to support the economy before risking any more money. The total value of shares changing hands…

    Posted on Seren Anwen
    Lemon Tree CMD, ET HospitalityWorld
    Iowa

    Lemon Tree CMD, ET HospitalityWorld

    With the right government support, the tourism sector has the potential to solve 50 per cent of the country’s employment problems, Patu Keswani, Chairman and Managing Director of Lemon Tree Hotels, said on Saturday. Speaking at the first National Conclave…

    Posted on Eira Gwyneth
    Sabah is to become a technology center and aims at a technology-driven economy
    Alabama

    Sabah is to become a technology center and aims at a technology-driven economy

    KOTA KINABALU, Aug 6 – Sabah is poised to transform itself into a centre of technological advancement by promoting innovation and technology integration, said Chief Minister Datuk Seri Hajiji Noor. He said the government intends to create an ecosystem that…

    Posted on Idris Bevan

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