Mortgage rates fell and demand steadied as inventory dipped
The removal of goods and services tax (GST) on individual health and life insurance has boosted demand and expanded the customer base for insurers, with a sharp increase in new policy purchases and higher coverage levels, although the initial surge following the tax cut has since moderated, according to insurers and distributors. The GST…
Bybit is expanding the role of tokenised equities on its platform by using more xStocks as underlyings for its Dual Asset structured product, allowing users to take short-duration exposure to tokenised shares through a yield structure rather than direct holding alone. The exchange added four xStocks pairs linked to Meta, Tesla, Robinhood and Circle, taking…
Businessman and Kazakhstan Chess Federation President wins runoff vote at FIDE General Assembly in Samarkand, pledges digital transformation and record investment in global chess development SAMARKAND, Uzbekistan, Sept. 26, 2026 /PRNewswire/ — Timur Turlov has been elected President of the International Chess Federation (FIDE), winning a second-round runoff vote at the FIDE General Assembly, held…
First-time mutual fund investors face a dilemma: Stay with low-cost index funds or trust active fund managers to deliver better returns. As passive investing gains ground, the question is becoming central to how new investors build their portfolios. To find the right answer, one needs to know the inner workings of the two and what…
Shaquille O’Neal says he bought a boring financial product years ago in case he squandered his fortune, and it’s poised to pay him $1 million a month starting next year. The basketball legend known as “Shaq” told the story behind his safety net during the latest episode of the “Dinner Party” podcast. He once asked…
A senior property adviser has warned that government initiatives to support first-time buyers will fall short without comprehensive reform of the UK’s stamp duty system, which he argues is deterring the investment needed to deliver new housing supply. Stephen Hemmings, Partner and Head of Property Sector at business advisory firm Menzies LLP, made the comments…