Real estate broker warns of California wealth tax’s ‘trickle-down’ fallout

Former ‘Million Dollar Listing’ star Josh Altman joins ‘Varney & Co.’ to break down California’s slow post-fire rebuilding process and warn that a proposed wealth tax could drive billionaires and jobs out of the state. Luxury real estate broker Josh Altman warned that California’s proposed wealth tax could drive a number of billionaires out of […]

National Wealth Fund to double investment pace with focus on clean energy and green steel

The National Wealth Fund has set out plans to sharply accelerate investment, committing up to £5 billion a year of public money into clean energy, industrial transformation and strategic infrastructure as part of a more focused growth strategy. Under the new approach, the fund will prioritise ten sectors, with clean energy at the core. These […]

Sensex, Nifty 50 tumble as trade war fears wipe out ₹10 lakh crore investor wealth| Business News

India’s stock market deepened its retreat today, capping a brutal two-day selloff that has erased nearly ₹10 lakh crore in investor wealth. The stock market is battling a perfect storm of geopolitical tensions, relentless foreign outflows, and pre-budget jitters hammered risk appetite. The benchmark S&P BSE Sensex has plunged over 1,000 points in two sessions, […]

Hong Kong billionaire Cheah Cheng Hye puts quarter of his wealth in gold| Business News

For three decades, Cheah Cheng Hye was a face of value investing in Asia, building Value Partners Group Ltd. into a multi-billion dollar stock-picking powerhouse. “I only buy, I never sell,” Hong Kong billionaire Cheah Cheng Hye says of his gold investments. (YouTube) Now, the former fund manager is putting a massive portion of his […]

Sensex drops 780 points, Nifty 50 loses 1% to wipe out ₹8 lakh crore in investor wealth| Business News

India’s stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs spurred broad selling. The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI) The 30-share S&P BSE Sensex fell 0.92%, or 780.18 points, to 84,180.96, even as the […]

Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects

For decades, owning a flat has been regarded as a cornerstone of financial security for India’s middle class, often marketed as a safe, long-term investment that would appreciate in value and support future generations. However, as home prices soar, maintenance costs rise, and ageing buildings raise questions about resale and redevelopment, a growing number of […]