Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration) Trading Asia Region is home to the world’s second-largest group of ultrawealthy investors LISA KIM and JADA NAGUMO October…
Hong Kong is accelerating reforms of its financial market by making the sector’s ecosystem more resilient and comprehensive, a minister has said, as the city grapples with geopolitics and a rapidly changing technology-led global landscape. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would take a two-pronged approach by strengthening its…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For a generation bombarded with headlines about needing $1.5 million to retire, Kevin O’Leary’s number sounds suspiciously low. When asked, “What amount of money would you say it takes for someone to be wealthy or at least comfortable?”…