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Financial News Around the World

Don’t budget, says financial psychologist. Here’s why he recommends a ‘spending plan’ instead

Budgeting helps address areas you need to control but can come across as restrictive. Spending plans offer more freedom.

Published 27 June 2023
Categorised as Finance News

Term life insurance is often best, financial advisors say — but most people buy another kind

There are two broad categories of life insurance: term and permanent. Most people buy the latter, data shows, which doesn’t jibe with advisors’ suggestion.

Published 27 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Lordstown Motors, Walgreens Boots Alliance, Delta and more

These are the stocks posting the largest moves in midday trading.

Published 27 June 2023
Categorised as Finance News

45-year-old self-made millionaire shares his 4 ‘cheat codes’ to help skyrocket your wealth

In his early 20s, Alan Corey invested the income from his 9-to-5 job into real estate. Now, at 45, he’s a self-made millionaire. From home-buying to renting, the financial expert and entrepreneur shares his top “cheat codes” to skyrocket your wealth.

Published 27 June 2023
Categorised as Finance News

Wise shares spike 18% as higher interest rates help fintech triple profits

Wise said in a statement to the stock market that its profit before tax nearly tripled to £146.5 million ($186.5 million).

Published 27 June 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more

These are the stocks posting the largest moves in the premarket.

Published 27 June 2023
Categorised as Finance News

A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024,” according to HSBC Asset Management.

Published 27 June 2023
Categorised as Finance News

Markets are pricing in rate cuts too soon, IMF’s Gopinath says

Major central banks will have to hold rates high for much longer than some investors expect, the IMF’s Gita Gopinath told CNBC Tuesday.

Published 27 June 2023
Categorised as Finance News

Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets

Khazanah invested more than half its portfolio in public markets in 2022 and more than doubled its net profit last year compared to the year before.

Published 27 June 2023
Categorised as Finance News

China is still on track to hit its growth target, Premier Li Qiang says

Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target of around 5%.

Published 27 June 2023
Categorised as Finance News

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Recent Posts

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  • Stocks making the biggest moves midday: Oracle, Bath & Body Works, Gap and more
  • Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release
  • One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much

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