Finance & Accounting

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Lipstick Index, Hemline Index and More

Lipstick Index, Hemline Index and More: 5 Strange Economic Indicators to Watch Out for during Inflation

Across the world, many countries are feeling the burn of inflation. With the combined effects of the pandemic and the Russia-Ukraine crisis, countries like the United Kingdom, India and the United States have seen a rise in the prices of goods and services.

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Across the world, many countries are feeling the burn of inflation. With the combined effects of the pandemic and the Russia-Ukraine crisis, countries like the United Kingdom, India and the United States have seen a rise in the prices of goods and services.

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How to Reduce Redundancies in Your Business

How to Reduce Redundancies in Your Business

As we experience an economic recession, companies worldwide have had to make changes to stay afloat. This has included reducing product size and quality as well as initiating hiring freezes and layoffs, all in the name of eliminating redundancies. Redundancy typically refers to a scenario where too many employees are doing the same job or when a specific position is no longer required in a company.

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As we experience an economic recession, companies worldwide have had to make changes to stay afloat. This has included reducing product size and quality as well as initiating hiring freezes and layoffs, all in the name of eliminating redundancies. Redundancy typically refers to a scenario where too many employees are doing the same job or when a specific position is no longer required in a company.

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The Hidden Costs and Risks of Copy Trading You Need to Know

The Hidden Costs and Risks of Copy Trading You Need to Know

Copy trading has been gaining popularity in the world of finance as an investment strategy where one trader’s position is automatically copied by another trader’s account. With numerous platforms available, both in the cryptocurrency and foreign exchange (forex) markets, it has become easier for new investors to copy the investment strategies of seasoned investors.

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Copy trading has been gaining popularity in the world of finance as an investment strategy where one trader’s position is automatically copied by another trader’s account. With numerous platforms available, both in the cryptocurrency and foreign exchange (forex) markets, it has become easier for new investors to copy the investment strategies of seasoned investors.

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How News Affects the Stock Market

How News Affects the Stock Market

In January this year, the U.S.-based Hindenburg Research released a report accusing the Indian conglomerate Adani Group of stock manipulation and accounting fraud. The report received widespread media coverage, causing Adani’s stock prices to plummet. The founder and chairman of the Adani Group, Gautam Adani, lost US$34 million of his net worth in just a week after the report was released.

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In January this year, the U.S.-based Hindenburg Research released a report accusing the Indian conglomerate Adani Group of stock manipulation and accounting fraud. The report received widespread media coverage, causing Adani’s stock prices to plummet. The founder and chairman of the Adani Group, Gautam Adani, lost US$34 million of his net worth in just a week after the report was released.

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Mark Cuban’s Tips on How to Get Rich

Mark Cuban’s Tips on How to Get Rich

A popular adage suggests, money makes the world go round. People are always looking to do better financially so that their lives can be more secure. To make that happen, some seek out the advice of millionaires—the ones who have been there, done that.

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A popular adage suggests, money makes the world go round. People are always looking to do better financially so that their lives can be more secure. To make that happen, some seek out the advice of millionaires—the ones who have been there, done that.

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Top Celebrity Turned Venture Capitalists

Top Celebrity Turned Venture Capitalists

Whether it is by making their non-fungible tokens (NFTs) or by creating their cities, celebrities are taking up different ways of growing their ever-expanding network of enterprises. This is exactly why it came as no surprise when reality TV star turned businesswoman Kim Kardashian launched her venture capital firm earlier this month. Called SKKY Partners, Kim’s firm is the latest on the long list of celebrities to make enter the venture capital (VC) industry. Curious to know who the other top VC celebrities are? Here is a rundown of some of the biggest celebrities and their various investment ventures. 

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Whether it is by making their non-fungible tokens (NFTs) or by creating their cities, celebrities are taking up different ways of growing their ever-expanding network of enterprises. This is exactly why it came as no surprise when reality TV star turned businesswoman Kim Kardashian launched her venture capital firm earlier this month. Called SKKY Partners, Kim’s firm is the latest on the long list of celebrities to make enter the venture capital (VC) industry. Curious to know who the other top VC celebrities are? Here is a rundown of some of the biggest celebrities and their various investment ventures. 

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Do Host Countries Make Money from FIFA

Do Host Countries Make Money from FIFA?

If you are an avid football fan you would be well aware that organizing the FIFA World Cup hasn’t been a cheap venture for any of the hosting countries. Qatar spent US$220 billion for the preparation of the 2022 event; similarly, Russia and Brazil spent US$14 billion and US$12 billion on the tournament in 2018 and 2014 respectively.

Do Host Countries Make Money from FIFA? Read More »

If you are an avid football fan you would be well aware that organizing the FIFA World Cup hasn’t been a cheap venture for any of the hosting countries. Qatar spent US$220 billion for the preparation of the 2022 event; similarly, Russia and Brazil spent US$14 billion and US$12 billion on the tournament in 2018 and 2014 respectively.

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Transparency in the Post FTX World What is Proof of Reserve

Transparency in the Post FTX World: What is Proof of Reserve?

In November this year, two big league crypto businesses, FTX and BlockFi, filed for bankruptcy. FTX had a death spiral after news broke out that the Sam Bankman-Fried-owned exchange had used customer funds to make risky bets through his hedge fund Alameda Research. On the other hand, FTX was closely associated with BlockFi, with them having signed a loan agreement with each other and BlockFi holding US$355 million in digital assets on FTX.

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In November this year, two big league crypto businesses, FTX and BlockFi, filed for bankruptcy. FTX had a death spiral after news broke out that the Sam Bankman-Fried-owned exchange had used customer funds to make risky bets through his hedge fund Alameda Research. On the other hand, FTX was closely associated with BlockFi, with them having signed a loan agreement with each other and BlockFi holding US$355 million in digital assets on FTX.

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What Is the FIRE Movement? How to Find Your FIRE Number

What Is the FIRE Movement? How to Find Your FIRE Number

According to Natixis Global Retirement Index 2021, 36% of Americans believe that they will never have enough money to retire, pointing to a major need to increase your savings early on in your professional career so that you can retire easily. And that’s where FIRE comes in. Financial Independence Retire Early, FIRE for short, is a term that has its origins in the personal finance book “Your Money or Your Life” by Viki Robin and Joe Dominguez.

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According to Natixis Global Retirement Index 2021, 36% of Americans believe that they will never have enough money to retire, pointing to a major need to increase your savings early on in your professional career so that you can retire easily. And that’s where FIRE comes in. Financial Independence Retire Early, FIRE for short, is a term that has its origins in the personal finance book “Your Money or Your Life” by Viki Robin and Joe Dominguez.

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Why Startup Runway Is Important and How You Can Optimize It

Why Startup Runway Is Important and How You Can Optimize It

What is more difficult than launching a startup? Keeping it up and running. A new business always has a ticking clock to either make it big or close up shop. As of 2021, about 20% of startups would shut down within the first year of operation. One of the biggest reasons a startup ends up shutting down is the lack of funds. It is precisely why it is essential to know what your startup runway looks like.

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What is more difficult than launching a startup? Keeping it up and running. A new business always has a ticking clock to either make it big or close up shop. As of 2021, about 20% of startups would shut down within the first year of operation. One of the biggest reasons a startup ends up shutting down is the lack of funds. It is precisely why it is essential to know what your startup runway looks like.

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5 Jobs to Start a Career in Crypto and Blockchain

5 Jobs to Start a Career in Crypto and Blockchain

Despite the recent slump in the cryptocurrency market, the space is replete with job opportunities. Jobs in this sector grew by 395% in the U.S. between 2020 and 2021.Experts say that most forward-thinking tech companies have been making moves to incorporate blockchain technology into their businesses. Naturally, to do so, they must hire people who are well-versed in crypto and blockchain.

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Despite the recent slump in the cryptocurrency market, the space is replete with job opportunities. Jobs in this sector grew by 395% in the U.S. between 2020 and 2021.Experts say that most forward-thinking tech companies have been making moves to incorporate blockchain technology into their businesses. Naturally, to do so, they must hire people who are well-versed in crypto and blockchain.

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Navigate the Changing Startup Landscape with Cyberport Venture Capital Forum 2022

Navigate the Changing Startup Landscape with Cyberport Venture Capital Forum 2022

The past couple of years have been extremely difficult for the global startup ecosystem. According to U.S.-based financial services company Moody Analytics, global economic growth estimates have fallen to 2.7% as of September this year, compared to 4.2% in January. Not only has the world undergone a tremendous transformation due to the COVID-19 pandemic.

Navigate the Changing Startup Landscape with Cyberport Venture Capital Forum 2022 Read More »

The past couple of years have been extremely difficult for the global startup ecosystem. According to U.S.-based financial services company Moody Analytics, global economic growth estimates have fallen to 2.7% as of September this year, compared to 4.2% in January. Not only has the world undergone a tremendous transformation due to the COVID-19 pandemic.

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Top 5 Personal Finance Reddit Communities That Are Worth Checking Out

Top 5 Personal Finance Reddit Communities That Are Worth Checking Out

Anything you’re interested in, no matter how niche, probably already has a community on Reddit. Reddit is a discussion website where people make up communities, or “subreddits”, for just about everything, from health tips, funny videos and terrifying fictional stories to those dedicated to simply venting about annoying things.

Top 5 Personal Finance Reddit Communities That Are Worth Checking Out Read More »

Anything you’re interested in, no matter how niche, probably already has a community on Reddit. Reddit is a discussion website where people make up communities, or “subreddits”, for just about everything, from health tips, funny videos and terrifying fictional stories to those dedicated to simply venting about annoying things.

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What Are Forex Signals and How Can You Use Them to Make Money

What Are Forex Signals and How Can You Use Them to Make Money?

“Forex”, a shorter name for foreign exchange, refers to the exchange of one country’s fiat currency for another. Foreign exchange swaps hand on the over-the-counter (OTC) market directly between traders as opposed to stocks that are traded on the stock exchanges. By trading two currencies, traders (whether individuals or hedge funds) can earn the difference between their values as well as profit from the differences in interest rate across countries.

What Are Forex Signals and How Can You Use Them to Make Money? Read More »

“Forex”, a shorter name for foreign exchange, refers to the exchange of one country’s fiat currency for another. Foreign exchange swaps hand on the over-the-counter (OTC) market directly between traders as opposed to stocks that are traded on the stock exchanges. By trading two currencies, traders (whether individuals or hedge funds) can earn the difference between their values as well as profit from the differences in interest rate across countries.

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How Does Buy Now Pay Later Work Is It a Bad Idea for Your Business

How Does Buy Now Pay Later Work? Is It a Bad Idea for Your Business?

Imagine window shopping on a designer clothing website late at night while sipping your favorite wine. Suddenly, you spot the coolest new pair of kicks, and you just cannot let them go. What’s worse, there’s only one pair left in your size, so you can’t afford to save up for them before making a timely purchase. What do you do? You use AfterPay, of course!

How Does Buy Now Pay Later Work? Is It a Bad Idea for Your Business? Read More »

Imagine window shopping on a designer clothing website late at night while sipping your favorite wine. Suddenly, you spot the coolest new pair of kicks, and you just cannot let them go. What’s worse, there’s only one pair left in your size, so you can’t afford to save up for them before making a timely purchase. What do you do? You use AfterPay, of course!

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What Are Warren Buffett's Rules of Investing

What Are Warren Buffett’s Rules of Investing?

If we know anything about the CEO and Chairman of Berkshire Hathaway, Warren Buffett, it is that he is a genius at investing. Despite his hefty donations to charity, Buffett is the fifth-richest person in the world, and there is clearly a lot to be learned from him. He believes in value investing—buying stocks that are trading for less than they are worth and then sticking to them in the long run.

What Are Warren Buffett’s Rules of Investing? Read More »

If we know anything about the CEO and Chairman of Berkshire Hathaway, Warren Buffett, it is that he is a genius at investing. Despite his hefty donations to charity, Buffett is the fifth-richest person in the world, and there is clearly a lot to be learned from him. He believes in value investing—buying stocks that are trading for less than they are worth and then sticking to them in the long run.