• Sat, December 14, 2024

by: Independent Online

Trustworthy: essential trust management steps for South Africans in 2025

Discover the critical steps South African trustees must take to ensure compliance with updated trust regulations and avoid penalties in 2025.

by: business-live

Subsea firms call on Government to build confidence through industrial strategy

Industry body the Global Underwater Hub has voiced concerns that export opportunities could ultimately lead to domestic firms leaving the UK

by: Yahoo Finance

History Says the S&P 500 Will Surge in 2025. 2 Top Stocks to Buy Before It Does.

But things may turn even better in 2025. According to Charles Schwab, based on 14 interest rate cycles since 1929, the S&P 500 index has posted positive returns 12 months from the first rate cut in the cycle 86% of the time.

by: Benzinga.com

TikTok Ban Signed Into Law: What It Means For America's $15 Billion Small Business Economy

TikTok will be banned in the United States on Jan. 19, 2025, after a federal appeals court rejected its bid to overturn the ban that President Biden signed in April. The law states that if TikTok's parent company, ByteDance, doesn't divest its ownership to non-Chinese companies, the app will be banned in the U.S.

by: The Motley Fool

Palantir Stock Is Joining the Nasdaq-100 Index, and Super Micro Computer Is Being Booted: What Investors Should Know

A Nasdaq-100 index membership means mutual funds, exchange-traded funds (ETFs), and other financial products based on this index will have to buy shares of Palantir. This increased demand should exert at least some upward pressure on the stock price.

by: MSN

Mumbai: FIR Filed Against 5 Directors Of RMB Event Management Firm For ?3.5 Crore Fraud

The Marine Drive police have registered an FIR against five directors of RMB Event Management Pvt Ltd for allegedly cheating a finance company. The accused allegedly defrauded Bakliwal Finance Services (India) Ltd of Rs3.

by: Goodreturns

1:2 Split: Tata's Auto Stock Just Rs 95 Away From 52-Week Low, Prices Hike Update; Buy For Rs 900-1100 TP

Tata Motors has announced a price hike for its commercial vehicles from January 2025. Additionally, the biggest development is Tata Motors demerger ratio of 1:2. That being said, is there a buying opportunity in this Tata stock?

by: MSN

The Hunt for the Assad Dynasty's Missing Billions Begins

The family stashed away its wealth over half a century of despotic rule. Human-rights lawyers are leading efforts to find the assets—and recover them for the Syrian people.

by: The Motley Fool

3 Facts About Costco You Must Know Before Buying the Stock

Customers find tremendous value in being a Costco member, as evidenced by the program's pricing power. Before the leadership team raised annual dues in September, Costco increased membership costs in 2017 and 2011. Despite higher fees for shoppers, the company's membership count keeps expanding, now at 76.2 million households.

by: Yahoo Finance

Many student loan borrowers are in for a big, bad surprise in 2025

The relatively high rate of default on student loans has long been a source of frustration for education policymakers. In 2019, about 10% of debtors had fallen into default within three years of starting repayment — down from years past but still vastly higher than the delinquency rates on mortgage or auto loans.

by: The Motley Fool

Missed Out on Palantir? 1 No-Brainer Artificial Intelligence (AI) Stock to Buy Before It Soars in 2025

Palantir Technologies ( PLTR 3.92%) has been one of the hottest stocks on the market in 2024, logging amazing gains of 319% as of this writing. The company's artificial intelligence (AI) software platform has been in terrific demand from customers and governments looking to integrate generative AI into their data analysis.

by: MSN

New 'KI' Salon opens in Fresno

A new Salon has opened its doors in Fresno with a ribbon-cutting ceremony held on Saturday.'KI' Salon is owned by Marisol Ramirez and her husband professional b

by: MSN

Nissan reshuffles leadership as business continues to struggle

Nissan's leadership shakeup seeks to address falling profits, debt, and an outdated product lineup, but analysts warn deeper changes are needed.

by: MSN

Prairie Business searching for Top 25 Women in Business nominations

Every year, Prairie Business accepts nominees for their Top 25 Women in Business contest — where winners are honored for their work ethic and devotion to improving the lives of others. Now, residents of North Dakota and beyond are being asked to nominate the most impactful women in their lives for

by: MSN

Clovis is getting another Starbucks, nearby businesses excited

Construction is underway for a new Starbucks drive-thru at the Crossroads Shopping Center in Clovis, which is expected to bring increased traffic and exposure to the small businesses in the lot.

by: MSN

Esther Perel says you should talk about money with your partner. Here's why.

Psychotherapist and podcaster Esther Perel says money shouldn't be a taboo topic, and providing in a relationship extends beyond earning an income.
  • Sun, December 15, 2024

by: The Daily Telegraph

Rayner sets businesses and unions on collision course over sick pay reforms

Angela Rayner's plan to reform sick pay will add billions to the cost of doing business, bosses have warned...

by: Business Times

South Korea's acting president moves to reassure allies, calm markets after impeachment

SOUTH Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the country's allies and calm financial markets a day after President Yoon Suk-yeol was impeached and suspended from his duties over a martial law attempt.

by: businesstech.co.za

Allan Gray festive season warning for South Africa

South Africans tend to become less vigilant during the festive season, making the life of fraudsters far easier when targeting unsuspecting victims. Personal information is valuable, but we are often required to disclose our details frequently to access our bank accounts and investments.

by: Reuters

South Korea vows to keep markets stable after Yoon's impeachment

South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law.

by: Post and Courier

SC offers mortgage loans below 6%, increases down payment money for potential home buyers (copy)

South Carolina residents hoping to buy a home could now get up to $10,000 in down payment assistance that may not have to be repaid, and other help from the state's housing agency.

by: Wales Online

These are the fastest-growing 50 firms in Wales

Wales Fast Growth 50 firms collectively increased their sales by £626m from 2021-23 and created 1,400 new jobs

by: Zee Business

Max Life joins Axis to become Axis Max Life Insurance: Upholding the promise of double trust

Max Life Insurance has officially rebranded as Axis Max Life Insurance Ltd. on 13th December 2024, after receiving all required approvals.

by: Daily Express

Urgent warning over poverty pensions after Chancellor pushes back reforms

The warning follows a decision by the Chancellor, Rachel Reeves, to push back a review and reforms of workplace pensions

by: The Straits Times

Temasek Trust chair Ho Ching, OCBC chief Helen Wong among 3 S'pore women in Forbes power list

Temasek Trust chair Ho Ching took 32nd place in the latest Forbes ranking of the world's most powerful women, while OCBC chief executive Helen Wong made her debut at 59th. The third Singaporean woman in the list is Ms Jenny Lee,

by: Yahoo Finance

Meet the 3 Supercharged Growth Stocks Poised to Hit $4 Trillion by 2025, According to a Certain Wall Street Analyst

The race is on to be the first company with a $4 trillion market cap. One Wall Street analyst believes investors should look at the big picture.

by: Business Standard

IIHL's takeover of Reliance Capital set to complete by January end

With the acquisition of Reliance Capital and its subsidiaries, IIHL—which holds a stake in IndusInd Bank and is also in the process of acquiring Invesco Asset Management and Invesco Trustee—is targeting a valuation of $50 billion by 2030.

by: Detroit News

What's new for Medicare in 2025?

Although there are slightly fewer Medicare Advantage plans offered in 2025, there are more plans that have lower star ratings.

by: The Motley Fool

Could MicroStrategy Be Your Ticket to Becoming a Millionaire by 2050?

But in 2020, MicroStrategy's co-founder and then-CEO Michael Saylor directed it to invest $250 million in Bitcoin ( BTC 1.30%). It has continued to buy Bitcoin over the following years, and its total holdings reached 279,420 Bitcoins this November.

by: Arabian Business

Riyadh Metro opens Red and Green lines

Riyadh Metro will open its Red and Green lines as it continues to transform transport in the Saudi capital. The Royal Commission for Riyadh City (RCRC) announced the roll-out of two additional lines (Red: King Abdullah Road, and Green: King Abdulaziz Road) of the Riyadh Metro on December 15, 2024.

by: Business Times

South Korea's central bank vows to stabilise markets amid political turmoil

SOUTH Korea's central bank vowed to stabilise financial markets and highlighted the importance of "uninterrupted implementation" of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk-yeol.

by: Business Insider

Mark Cuban says AI won't have much of an impact on jobs that require you to think

Mark Cuban told Business Insider that AI's impact on a company's workforce will be determined by how well the firm can implement the technology.

by: Arabian Business

Riyadh Metro to open Red and Green lines from Sunday, December 15

The Royal Commission for Riyadh City (RCRC) announced the roll-out of two additional lines (Red: King Abdullah Road, and Green: King Abdulaziz Road) of the Riyadh Metro on December 15, 2024. Passengers have access to stations on the two lines from 6am to midnight. Thus, five out of the six metro lines are now operational.

by: Business Standard

Wayanad landslide: Union govt 'adding chilli' to wounds, says Kerala FM

Kerala Finance Minister K N Balagopal on Sunday criticised the union government for demanding payment for disaster relief and rescue operations conducted by the Indian Air Force (IAF) during Wayanad landslides.

by: Yahoo Finance

Are Rivian's EVs Becoming a Jekyll-and-Hyde Story? Here's What You Need to Know.

Recently, Consumer Reports released two studies that showed Rivian was a bit of Jekyll and Hyde, as it took the top rank on one and dead last on the other.

by: The Motley Fool

3 Things You Need to Know If You Buy Upstart Stock Today

Upstart makes its money by providing its software to third-party lenders, of which it has more than 100 partners today, earning fees in the process. The goal here is for the business to not be a pure-play lender, as this would resemble a traditional bank and not the technology and software enterprise that Upstart strives to be.

by: The Motley Fool

Better Bargain "Magnificent Seven" AI Buy for 2025: Meta Platforms vs. Alphabet

Leading the way were a handful of stocks known as "Magnificent Seven" -- a reference to the 1960 Western. These megacaps have strong track records of earnings growth over time, and they continue to innovate,

by: Yahoo Finance

Former Hockey Player Patrick Dovigi Makes A Quick $6 Million In 6 Months With Speedy Aspen Flip

Many former athletes go broke when they retire, but some, like Patrick Dovigi, become successful business owners and make a fortune in real estate as a side hustle. The former 90s NHL goalkeeper just pocketed a cool $6 million in six months with a

by: moneycontrol.com

Quick ways to secure instant personal loan approval

By maintaining a good credit score, preparing documents in advance, and choosing the right lender, you can significantly boost your chances of approval.

by: The Motley Fool

Is SoundHound AI Stock a Buy Now?

SoundHound also improved its customer concentration and now relies less on a handful of large customers for the majority of its revenue. Just 12% of sales are attributed to its large customers now, down from 72% last year. This is a healthier revenue mix and means SoundHound's business would be less affected by one or two large customers leaving.

by: MSN

It's Not Just Denied Claims. Insurance Firms Are Hiring Middlemen to Deny Meds.

Amid an outpouring of frustration with for-profit health insurance sparked by the assassination of UnitedHealthcare CEO Brian Thompson on December 4, much of the media coverage has focused on the alleged shooter,

by: MSN

Possible Stock Splits in 2025: 2 Unstoppable Stocks Up 390% and 300% in 2 Years to Buy Now, According to Wall Street

A stock split can be a signal from a company's management that it expects the recent strong price performance of its stock to continue into the future. Splitting shares won't change the fundamentals of the underlying business,

by: MSN

Here Are My Top 3 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in 2025. Hint: Nvidia's Not on the List.

Artificial intelligence (AI) should remain as a top opportunity for investors in 2025, but there are plenty of opportunities beyond Nvidia.

by: MSN

Reddit cofounder Alexis Ohanian shares the top 3 must-read books from his 2024 reading list

Alexis Ohanian, Reddit cofounder and Seven Seven Six venture capital firm founder, shared three books that shaped his career in 2024.

by: MSN

Meet the Monster Stock that Continues to Crush the Market

Investors have forgotten about this streaming media company with hundreds of millions of users around the world.

by: MSN

I left the US and moved to the 'Silicon Valley' of India to launch my startup. It's the most fun country I've lived in.

Spencer Schneier moved to Bengaluru, India, from Seattle and launched a company. He said access to amazing talent was a major perk.

by: MSN

Oil Fracking Could Help Save The Environment

Fracking, one of the major sources of oil in the US, is a dirty business. Fracking fluids create contaminants. The fracking process releases methane. The equipment used makes soot. Fragments from the process can harm birds.

by: MSN

Activists keep pressure on big banks despite $10b cut in fossil fuel lending

An analysis of banks' environmental, social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.

Trustworthy: essential trust management steps for South Africans in 2025

Discover the critical steps South African trustees must take to ensure compliance with updated trust regulations and avoid penalties in 2025.
The article from IOL discusses essential trust management steps for South Africans in 2025, emphasizing the importance of trusts in estate planning and wealth preservation. It outlines key steps such as understanding the legal framework governing trusts, selecting the right type of trust (either testamentary or inter vivos), and the critical role of trustees in managing trust assets responsibly. The article highlights the need for trustees to act with integrity, transparency, and in the best interest of the beneficiaries. It also covers the importance of regular trust reviews, keeping detailed records, and ensuring compliance with tax obligations. Furthermore, it advises on the necessity of having a well-drafted trust deed, choosing trustees wisely, and the potential benefits of professional trust administration services to navigate the complexities of trust law and administration effectively.

Read the Full Independent Online Article at:
https://www.iol.co.za/personal-finance/financial-planning/trustworthy-essential-trust-management-steps-for-south-africans-in-2025-f05cd2aa-0439-45da-af3d-300876a30370