Suppose you invest $10,000 and use leverage to create FCNR deposits worth $100,000. At a 7% deposit rate, the deposits earn $7,000 a year. If borrowing costs are 5.5%, the interest cost on the $90,000 loan is $4,950, leaving a surplus of about $2,050 annually. Over three years, that translates into more than $6,000 of […]
Key insight: Data is starting to show where AI is eating jobs, and operations, data analysis and customer support are vulnerable. Supporting data: At JPMorganChase, the number of operations and support staff decreased by 4% and 2%, respectively. Forward look: Experts expect banks to cut back on their use of outsourcing and offshoring, where work […]
KB Financial: Eyes On Non-Banking Diversification And Capital Distributions
How are advisors and investors looking at opportunities within model portfolios these days? Well, recent research seems to suggest that model portfolios in the U.S. are certainly picking up steam. Key Takeaways: Model portfolios are picking up a significant amount of assets in early 2026, with Morningstar finding that third-party model portfolios are seeing assets […]
Gold rates in India today defied the bearish and volatile market trend, surging by at least Rs 1,100 on July 9th. This is due to a mild downside in Dollar, which has erased the 101 mark. Nonetheless, the rate hike scenario, crude oil price rally, and inflationary pressures limited the upside momentum in 24 carat, […]
Gold and silver prices: The price of the yellow metal in India’s retail market declined on Thursday, 9 July, amid negative global cues and rising tensions between the US and Iran, following sustained US strikes against Iran. Both 24-karat and 22-karat gold rates are showing a marginal decline across major cities. Silver prices, on the […]
(RTTNews) – Meta Platforms Inc. (META) announced late Wednesday that it will invest more than C$13 billion Canada to build the first data center in the country, which will be optimized for its AI workloads. The company is breaking ground on the new 1GW, AI-optimized data center in Sturgeon County, Alberta to help power AI […]
Canada saw a record 208 active ETF launches in 2025, followed by another 124 in the first five months of 2026 alone. Active launches have outpaced passive ones every year since 2018, a run that pushed active funds ahead of passive funds by total count back in 2023. As of May, the market counted 975 […]
Assuming no Labour MP throws their hat into the ring to challenge him, Andy Burnham looks set to be the UK’s next prime minister – and he could assume the office as soon as 17 July. You might be wondering what a Burnham administration could mean for your money, in particular your investments. After all, […]
The Employees’ Pension Scheme (EPS) 2026 has replaced the Employees’ Pension Scheme (EPS) 1995, aligning the pension framework with the Code on Social Security, 2020. The new scheme came into effect on 29 June. While the core objective of providing pension benefits to employees remains unchanged, the new scheme introduces several administrative and structural improvements, […]