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wealthy investors seek global diversification across key financial centers

Wealthy investors are increasingly seeking global diversification, with the United States, Hong Kong, Singapore, Switzerland, and the UK identified as key wealth hubs. The US attracts entrepreneurs for its strong economy, while Hong Kong leads in multi-residency, particularly with ties to mainland China. Switzerland appeals to those relocating personal wealth, and the UK has the highest percentage of multi-resident entrepreneurs among Western markets.
@StockTitan_net
United States Dollar British Pound Sterling Chinese Yuan Swiss Franc Indian Rupee HSBC Holdings plc HSBC Bank USA, National Association a.s. Trustee under the Jambaran-Tiung Biru Trust Agreement SGP HKG CHE USA GBR Racquel Savoy Show more
Business & Industry, Press Release
15:00 27.02.2025

ubs raises target price for munich re in recent analysis

UBS has raised its target price for Munich Re, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA acting solely as a distribution channel and maintaining a conflict of interest management policy. The institution confirms no financial ties or conflicts that could influence the objectivity of the analysis.
Boursorama
Euro FRA
Finance & Economy, Market Report
15:00 27.02.2025

ubs raises target price for munich re following strong annual results

UBS has raised its target price for Munich Re from €555 to €594 while maintaining a 'neutral' recommendation, indicating an 8% potential increase for the stock. The broker highlights Munich Re's strong capital base, effective capital distribution, and reduced losses from forest fires, which bolster confidence in a projected net income of six billion euros.
ABC Bourse
Euro DEU
Finance & Economy, Market Report
15:00 27.02.2025

ubs lowers sweetgreen price target to 35 maintains buy rating

UBS has lowered its price target on Sweetgreen, Inc. to $35 from $45 while maintaining a Buy rating. The restaurant company operates around 221 locations across 18 states and Washington, D.C., offering a diverse menu that includes signature salads, warm bowls, and seasonal items, alongside consumer packaged goods like dressings and sauces.
MarketScreener
USA Show more
Business & Industry, Market Report
14:55 27.02.2025

Paytm collaborates with Perplexity for real-time AI financial support

Paytm has partnered with Perplexity to provide users with real-time AI financial assistance. This collaboration aims to enhance the financial experience for users by leveraging advanced AI technology to offer timely support and insights. The initiative reflects a growing trend in integrating AI into financial services.
StartupNews.fyi
IND
Business & Industry, Press Release
14:54 27.02.2025

Indonesia to inject 20 billion dollars annually into new sovereign wealth fund

The Indonesian government plans to inject $20 billion annually into its new sovereign wealth fund, Danantara, during President Prabowo Subianto’s term. Hashim Djojohadikusumo, the president's envoy, announced that Danantara will partner with investors like Ray Dalio’s Bridgewater, potentially managing investments of up to $160 billion through leverage. The initiative has expanded to include all state-owned enterprises and their subsidiaries.
Tech in Asia
United States Dollar Bridgewater Associates LP IDN Hashim Djojohadikusumo Ray Dalio
Finance & Economy, News Article
14:53 27.02.2025

ubs lowers diamondback energy price target but maintains buy rating

UBS has adjusted its price target for Diamondback Energy to $213 from $216 while maintaining a Buy rating. The company focuses on oil and natural gas exploration and production, with crude oil accounting for 87.8% of its output, followed by liquefied natural gas at 8.2% and natural gas at 3.1%. All net sales are generated in the United States.
MarketScreener
United States Dollar Diamondback Energy Inc. USA
Business & Industry, Market Report
14:53 27.02.2025

souhoola and visa launch prepaid card to enhance financial inclusion in egypt

Souhoola has partnered with Visa to launch a new prepaid card, issued through Banque Misr, aimed at enhancing financial inclusion in Egypt. Set to launch in 2025, the card allows customers to transfer credit limits and offers flexible installment options, promoting a secure and seamless shopping experience. This initiative aligns with Egypt’s Vision 2030, supporting local economic growth and sustainable development.
StartupNews.fyi
United States Dollar EGY Malak Baba
Business & Industry, Press Release
14:53 27.02.2025

Elon Musk's Boring Company to create high-speed underground transit in Dubai

Elon Musk’s Boring Company has partnered with Dubai’s Roads and Transport Authority to develop the Dubai Loop, an underground transit system aimed at reducing congestion. Spanning 17 kilometers with 11 stations, it will transport over 20,000 passengers per hour, offering a weather-resistant and quieter alternative to aerial transport. This initiative builds on the success of the Las Vegas Loop, marking a significant advancement in urban mobility for the region.
Finance Middle East
United States Dollar ARE Elon Musk
Technology & Innovation, News Article
14:50 27.02.2025

elon musk agrees to interview with jon stewart on the daily show

Elon Musk may appear on "The Daily Show" for an interview with Jon Stewart, who has been critical of Musk's efforts to reduce the federal workforce. After Stewart's passionate tirade, which resulted in a hand injury, Musk accepted the challenge, provided the show airs unedited. "The Daily Show" responded positively, expressing delight at the prospect of the discussion.
USA TODAY
USA Jon Stewart Brendan Morrow Joey Garrison Donald Trump Elon Musk Show more
Politics & Governance, News Article
14:50 27.02.2025
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