Financial Impact of Hurricane Beryl on Oil Stocks and Insurers: Market Report The early start to the hurricane season has sent shockwaves through financial markets, with Hurricane Beryl causing oil prices to surge to a two-month high above $87 a barrel. The impact of the storm has led to concerns about production disruptions, prompting a…

Blue Owl Capital Finalizes Purchase of Kuvare Asset Management
Blue Owl Capital Completes Acquisition of Kuvare Asset Management Blue Owl Capital Inc. (“Blue Owl”) has officially completed its acquisition of Kuvare Insurance Services LP, also known as Kuvare Asset Management (KAM). This acquisition, which was announced back in April 2024, solidifies Blue Owl’s position as a leading alternative asset manager in the industry. KAM,…

7 Lessons I Learned to Achieve Financial Freedom in Retirement as a Self-Made Millionaire
Financial Lessons from Self-Made Millionaires: Finding Financial Freedom The Road to Financial Freedom: Lessons from Self-Made Millionaires In a recent survey conducted by the Federal Reserve, it was found that the median savings account balance for American households was $87,000. While this may seem like a substantial amount, it is often not enough to retire…

Fais Ombud increases financial complaints compensation limit to R3.5m
New Rules for Fais Ombud: Compensation Limit Increased to R3.5 Million The maximum compensation limit awarded by the Ombud for Financial Services (Fais Ombud) has been increased from R800,000 to R3.5 million, according to new rules published by the Ombud Council. This significant change, welcomed by Fais Ombud Advocate John Simpson, aims to provide greater…

PGIM and Stiles Sell Rental Properties to Property Reserve of the Mormon Church
Church of Jesus Christ of Latter-day Saints’ Real Estate Arm Acquires $133M Apartment Building in Plantation The Church of Jesus Christ of Latter-day Saints’ Real Estate Arm Makes $133 Million Investment in South Florida Apartment Building In a bold move amidst a booming South Florida real estate market, The Church of Jesus Christ of Latter-day…

3 Stocks Receiving Uncommon “Triple Upgrades” from Prominent Brokerage Firms
3 Stocks Earning Rare “Triple Upgrades” from Major Brokerages Title: Major Brokerages Upgrade Stocks Amidst Positive US Stock Market Outlook As the US stock market outlook brightens with expectations of Federal Reserve rate cuts, major brokerages are beginning to upgrade stocks that have recently struggled. This trend is fueled by the anticipation of rate cuts…

Take Control of Your Finances in 2024: Monthly Tips for Achieving Financial Freedom
Financial Planning Tips for Each Month of the Year As we kick off the new year, it’s important to update your budget and plan for major expenses ahead. Whether it’s school tours, a major car service, or holidays, now is the time to start saving and preparing. In January, take a close look at your…

Opportunity for Financial Services Industry: Ping An Co-CEO Michael Guo Discusses Low Public Awareness of Senior Care Financial Planning in China at “Summer Davos”
Ping An Insurance (Group) Company of China, Ltd. Explores Business Opportunities in China’s Growing Senior Population China’s Aging Population Presents Business Opportunities in Senior Care Services, Says Ping An Insurance Co-CEO HONG KONG and SHANGHAI, July 1, 2024 /PRNewswire/ — As China’s senior population continues to grow, the financial services industry is seeing a surge…

Hines, Mitsubishi Estate, and MBK Real Estate Join Forces
Hines, Mitsubishi Estate, and MBK Real Estate Asia Acquire Prime Logistics Asset in Singapore Hines, Mitsubishi Estate Co., Ltd., and MBK Real Estate Asia have joined forces to acquire a prime logistics asset in Singapore, located at 15 Senoko Loop. This completed sale and leaseback transaction marks Hines’ second industrial deal in the country, showcasing…

Today’s Updates on Indian Stock Market, Equity Market, and Sensex in India
Latest Stock Market Updates: L&T Wins Project from ONGC | Niva Bupa Files for IPO | Top Buzzing Stocks Today L&T Wins Project from ONGC, Niva Bupa Files for IPO: Top Buzzing Stocks Today In a significant development, Larsen & Toubro Ltd. (L&T) has secured an order from ONGC for the eighth phase of the…