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Chinese growth will fall behind the rest of Asia for the first time since 1990

Chinese growth will fall behind the rest of Asia for the first time since 1990

China’s economic output will lag the rest of Asia for the first time since 1990, according to new World Bank forecasts that highlight the damage wrought by President Xi Jinping’s zero-Covid policies and the collapse of the world’s largest real estate market. The World Bank has revised down its forecast for gross domestic product growth …

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Pound drops below $1.09 for first time since 1985 after mini budget

The pound fell below $1.09 on Friday for the first time since 1985 as investors spooked at the prospect of increased government borrowing to pay for the sweeping tax cuts in the Kwasi Kwarteng mini-budget. Delivering a punitive verdict on the Chancellor’s ‘race for growth’, traders sent the pound plummeting on Friday in a sell-off …

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Switching financial advisers: when you know it's time and how to make the switch

Switching financial advisers: when you know it’s time and how to make the switch

Some relationships just don’t work. This sad truth applies to spouses, friends, business associates and financial advisors. Chances are you’ve embarked on a new relationship with an advisor with high hopes of wealth and financial independence. But if your wealth growth slows or communication with your advisor breaks down, there could be a breakdown in …

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