KUALA LUMPUR: A total of 5,272 youths below age 34 have been declared bankrupt from 2020 to this year, Youth and Sports Minister Hannah Yeoh says. She said that of the total, 5,189 were between 25 and 34, while 83 others were below age 25. “The trend of bankruptcy among youths shows an increase, with
In a sign of stress in the agriculture sector, scheduled commercial banks, excluding regional rural banks (RRBs), have seen a sharp increase of 42 per cent in bad loans Kisan Credit Card (KCC) accounts, a revolving cash credit facility offered to farmers, in the last four years. The outstanding NPA amount in the segment surged
Trevor Jennewine | The Motley Fool Historically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market. Is the February dip a
(Bloomberg) — A diversified investment strategy that seeks to juice returns through leverage is finding new love among big money managers — more than a decade after it blew up during the 2008 financial crisis. The approach, widely known as “portable alpha,” uses derivatives to track returns of long-only indexes and then invests the
(Bloomberg) — Gold touched a fresh record, as exchange-traded funds backed by the precious metal draw renewed interest from investors. Bullion hit a new all-time high of $2,956.19 an ounce on Monday, topping the previous peak reached on Thursday, before paring gains. Prices have risen for the past eight weeks, the longest streak since 2020.
(Bloomberg) — Canada’s Equinox Gold Corp. sought to acquire Calibre Mining Corp. in a deal that would value the combined companies at $5.4 billion, the latest example of dealmaking as miners capitalize on record gold prices. Vancouver-based Equinox said on Sunday it entered into an agreement to purchase Calibre in an all-stock transaction. Calibre shareholders
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today’s trade session in the red. Nifty 50 opened at 22,857.20, while Sensex ended at 75,612.61 . Sensex Today | Stock Market LIVE Updates: Nifty 50 opened today’s trade session 3,420.15 points below its record high of 26,277.35. Overnight, Wall
Katie Brockman | The Motley Fool How to start investing: Everything you need to know The idea of investing your money can be a bit intimidating. Here is everything to know about how to start. While the stock market is still surging right now, investor sentiment may be taking a turn. Around 34% of U.S.
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session with minor losses. Nifty 50 closed at 22,932.90, while Sensex ended at 75,939.18. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,344.45 points below its record high of 26,277.35. The
Saudi Arabia’s integrated utility ACWA Power has signed a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE, to acquire assets worth $693 million, and marking its entry in Kuwait. The acquisition encompasses operating capacities of 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination facilities,