United Kingdom-based fintech firm Revolut launched its services in Singapore last Thursday, October 24, 2019. Following their launch, the financial technology company revealed that it had already amassed 30,000 customers in the country. The business formally opened its digital...
A report from The Alliance for Affordable Internet (A4AI) showed that African consumers pay more in mobile data usage than the rest of the world.
Internet access to African countries makes it expensive for low to middle-wage earners, approximately $35...
Eric Tse, a recent university graduate, and son of Sino Biopharmaceutical’s founder have become a billionaire overnight after receiving around one-fifth of their company shares as ‘gift’ from his parents.
According to a report from CNN, the 24-year-old recent graduate...
The electric-car maker posted a surprise profit of $342 million in the third quarter of this year, with stock price going up to 20 percent.
Tesla has outreached Wall Street’s expectation that the company will get a net loss of...
Swiss Bank UBS gets an investment boost from wealthy Asian clients as the company hits another low in the quarter. Through their rich Asian partners, the bank successfully added a $15.7 billion to their account. The boost allowed the...
The latest report from Credit Suisse, a leading financial services company based in Switzerland, revealed that the number of rich Chinese has now overtaken the number of rich Americans for the first time.
According to the report, although the United...
In a recent interview with Fox News, Facebook CEO Mark Zuckerberg said that “ the government takes all ” can have bad results. Fox Business reported that the billionaire does not agree with some “policy prescriptions” in the wealth...
EP Wealth Advisors, an investment advisory and financial planning giant, announced Wednesday, Oct 16, it has acquired the San Francisco-based investment management firm, CPIC International.
In a news release, the California-based RIA disclosed that the transaction was completed on October...
Stock-market trader and billionaire Charles Schwab recently decried the potentially negative effects of the wealth tax proposed by presidential candidates Elizabeth Warren and Bernie Sanders. Bloomberg reported that Schwab believes such taxes to be a “negative reward for success.”
In...
The wealthiest individuals and families in Hong Kong are taking a third of their overall assets in cash as the political unrest continues in the region.
According to financial experts, millionaires and billionaires already fear of recession due to the...
