China’s banks brace for more bad loans as…

The skyline of the Lujiazui financial district in Shanghai, China.Hector Retamal | AFP | Getty ImagesChinese banks have so far emerged relatively unscathed as the coronavirus pandemic hit economies around the world â€” but that could change…

Indian traders on Alibaba seeing more discounts

Pune: Indian traders registered with Chinese e-commerce platform Alibaba have observed an increase in discount offers since last week, which they think could be a policy to counter the ‘ban Chinese products’ campaign in India.…

Advisors need to listen more to keep clients…

Bloom ProductionsFinancial advisors are largely an optimistic bunch when it comes to growing their practices, new research shows.Yet they know they have some work to do to make that happen.While most advisors expect growth in…

The Moneyist: My friends shame me for being…

Dear Moneyist, I have an old group of friends I’ve been close with for more than 15 years. Two years ago, I graduated from college after struggling to get my undergraduate degree in computer science…

Bankers in India are more productive working from…

By Ronojoy MazumdarWork from home may remain part of the norm for many in India’s financial industry beyond the end of the world’s biggest lockdown. The reason: elimination of lengthy commutes in the past three…

Dow drops more than 700 points in worst…

Stocks fell sharply on Wednesday as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery.The Dow Jones Industrial Average dropped 710.16 points, or 2.7%, to 25,445.94. The S&P 500 closed…