This article first appeared on GuruFocus. Morgan Stanley (NYSE:MS) economists Upasana Chachra and Bani Gambhir estimate that Indian households now hold around 34,600 tons of gold worth nearly $3.8 trillion following this year’s record-breaking rally in bullion prices. They noted that the surge is creating a positive wealth effect across India’s balance sheets, as gold…
Cybersecurity firm Cleafy just issued a report warning against a rising malware called Klopatra, which infects personal devices by posing as a free VPN app called Mobdro Pro IP + VPN. This is the latest corroboration of a series of warnings delivered by Kaspersky security researchers in 2024 about the increasing number of malware apps…
Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each slid about 8%, while JD.com and PDD Holdings fell 6.6% and 5.2%, respectively. The iShares MSCI China ETF…
“Didn’t know you were famous,” the rapper Juliani, an old friend and musical collaborator, texted me from his studio in Nairobi. I didn’t have a clue what he was referring to, but then he forwarded me the link to a tweet by Elon Musk that included a screenshot of a 2019 Al Jazeera column of…
Two former secretaries of state, Hillary Clinton and Condoleezza Rice, will join CBS News for a panel with CBS News senior correspondent Norah O’Donnell on Friday to discuss the Israel-Hamas peace plan brokered by President Trump as the first stage of the deal takes shape. The conversation is taking place two days after the signing…
The firm said the project will involve investment of up to £1.5 billion, creating as many as 1,500 jobs. A number of sites in Scotland have been shortlisted for the factory, with Ardersier in the Highlands identified as the preferred option. Under the first of three phases, Ming Yang said it will invest up to…
Football clubs are community assets, possessing a value, history and meaning which cannot be captured on a balance sheet. They belong to the cities and towns that have sustained them over the decades. For the vast majority of supporters, the sense of identity and matchgoing rituals associated with following their team are worth as much as…
I love fall fashion, but I need to be honest: I really love fall accessories. The right trendy bag and seasonal shoe can instantly elevate even the simplest autumnal outfits into something special. Right now, I’m gravitating towards chic boots and a selection of luxe leather and suede bags—and I’m taking advantage of Nordstrom’s Fall…
President Donald Trump has threatened to pull out of an expected meeting with President Xi Jinping of China after Beijing tightened its rules for exports of rare earths. In a post on social media, Trump said he now saw “no reason” to meet with President Xi later this month, accusing China of “becoming very hostile”…
Norwegian officials who oversee the Nobel peace prize are investigating suspicious online betting for this year’s winner that suggests a rare leak from the secretive committee that hands out the prize. Online bets for the Venezuelan opposition leader Maria Corina Machado spiked on the Polymarket gambling site shortly after midnight on Thursday, Norwegian time, according…