financial services: Will next leg of rally come from financials and private banking stocks? Gurmeet Chadha answers

financial services: Will next leg of rally come from financials and private banking stocks? Gurmeet Chadha answers

“It is important to preserve what we have made. Last two-three years the returns have been very-very good. So, maybe a little more prudent and balanced approach will ensure that we preserve these returns,” says Gurmeet Chadha, Complete Circle Consultants.Not pure play commodities, but commodity stocks definitely, and in particular metals after China talking about … Read more

How I reached financial independence at 38 by investing in real estate

How I reached financial independence at 38 by investing in real estate

Shu Matsuo Post, 38, built a $2 million real estate portfolio, according to documents seen by CNBC Make It. Courtesy of Shu Matsuo Post The idea of financial independence can mean different things to different people, but one common way to define it is having enough money that you no longer need to rely on … Read more

market: Market will continue to move sideways with some sector rotation: Seshadri Sen

market: Market will continue to move sideways with some sector rotation: Seshadri Sen

“We do not see any major upheaval in either direction negative or positive in the second half. Earnings are probably the most stable we have seen in the last two or three years,” says Seshadri Sen, Emkay Global Financial Services. Well, I am just going through your latest note and it seems like you have … Read more

You can trade in your NYC condo for these 10 Mediterranean properties

You can trade in your NYC condo for these 10 Mediterranean properties

The median price per square foot in Manhattan, NY is $1,500, according to My Dolce Casa. Alexander Spatari | Moment | Getty Images Manhattan, New York is infamous for being expensive. The city consistently ranks as one of the world’s most costly places to live in. Purchasing a 500-square-foot condo in New York City can … Read more

Commodity Talk: How to trade precious metals this week

Commodity Talk: How to trade precious metals this week

Q. Gold and silver prices fell last week, why is that? Also, downbeat US housing data came out too. How does it fit into the picture? What will be the trend this week? Naveen Mathur: The fall in precious metals was seen largely on Friday partly due to profit booking moves on mildly upbeat US … Read more

Bangkok, Ho Chi Minh, Jakarta, Manila

Bangkok, Ho Chi Minh, Jakarta, Manila

Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty Images Singapore and Hong Kong are generally considered Asia’s more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even … Read more

fund managers: MFs lap up commodity and metal stocks; some buy Kotak Bank, too

fund managers: MFs lap up commodity and metal stocks; some buy Kotak Bank, too

Fund managers made fresh purchases in companies that could benefi t from the strength in global economies, including the US. They increased exposure to metals, commodities and oil & gas. Fund managers believe the Fed is likely to cut rates later this year, which will lead the US dollar to depreciate resulting in rise in … Read more

Here’s how much it costs to rent a 1-bed apartment in 10 Asian cities

Here’s how much it costs to rent a 1-bed apartment in 10 Asian cities

Here’s the median price to rent a 1-bedroom across 10 cities in Asia.  Fraser Hall | The Image Bank | Getty Images Renting a place is a big financial decision, especially when choosing to live in a major city where price tags are particularly hefty. The general rule of thumb is to spend no more … Read more

Nifty: PSU banks will continue re-rating; SBI, ICICI Bank & Axis Bank poised for a breakout: Laurence Balanco

Nifty: PSU banks will continue re-rating; SBI, ICICI Bank & Axis Bank poised for a breakout: Laurence Balanco

“You can see from foreign flows perspective that that rebound in China is detracting from some of the investment in India. I do not think it changes the longer-term trends, but we are in one of those holding patterns similar to the fourth quarter of 2023,” says Laurence Balanco, CLSA.What is the take on India … Read more

Miami is ‘ground zero’ for climate risk. People move there, build there anyway

Miami is ‘ground zero’ for climate risk. People move there, build there anyway

South Pointe Beach in Miami Beach, Florida. Greg Iacurci MIAMI — Daniel Habibian worries about climate change.  His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just a few blocks inland from the Atlantic Ocean.  Rising seas threaten to swallow much of the Miami metro area in the coming decades as the world … Read more