by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
The U.S. central bank’s projection of the target federal funds rate rising to 5.1% in 2023 is slightly higher than investors expected heading into this week’s two-day policy meeting and appeared biased if anything to move higher WASHINGTON: The Federal...
by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18% Meanwhile, the number of...
by AIP Online Bureau | Oct 19, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Michal Lörinc, head of catastrophe insight in Aon’s Impact Forecasting team, said: “It is anticipated that there will be robust loss development across many of the reported natural catastrophes, especially with the realization of costs associated with recent tropical...
by AIP Online Bureau | Sep 3, 2022 | Eco/Invest/Demography, Indian News
India should surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth. This is a remarkable achievement by any standards, said the report, authored by Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI. India’s GDP growth in Q1 FY23...
by AIP Online Bureau | Sep 3, 2022 | Eco/Invest/Demography, International News
The IMF’s own forecasts show India overtaking the UK in dollar terms on an annual basis this year, putting the Asian powerhouse behind just the US, China, Japan and Germany. A decade ago, India ranked 11th among the largest economies Britain has dropped behind India...
