Finance

Gold replaces US Treasuries as world’s top reserve asset, ECB says
Financial Times

Gold replaces US Treasuries as world’s top reserve asset, ECB says

The ECB reports gold has overtaken US Treasuries as the top global reserve asset, reaching 27% of holdings. This shift reflects central banks diversifying away from the US dollar.

Israel’s Netanyahu faces backlash after Trump call
Financial Times

Israel’s Netanyahu faces backlash after Trump call

Netanyahu faces backlash for yielding to Trump’s pressure, failing to strike Hezbollah as previously threatened. Critics accuse him of backing down under US influence, sparking significant political criticism in Israel.

Why Stocks Beat Houses For Your Retirement Fund
Bloomberg

Why Stocks Beat Houses For Your Retirement Fund

Brighton’s 4.8% property drop in 2025 highlights real estate risks, reinforcing why stocks generally outperform housing for retirement portfolios.

Billionaire Behind Japan's Tiny-Room Hotel Empire Bets on US
Bloomberg

Billionaire Behind Japan's Tiny-Room Hotel Empire Bets on US

APA Group CEO Isshi Motoya is expanding Japan’s compact hotel empire into the US market. The billionaire tycoon aims to replicate his domestic success with American growth.

Australians Say They Now Need A$1 Million to Retire, Study Shows
Bloomberg

Australians Say They Now Need A$1 Million to Retire, Study Shows

A study reveals Australians now believe they need A$1 million to retire comfortably. This figure reflects rising living costs and changing economic conditions.