If there’s even a 1% chance of your will being contested, add this to your estate plan

China mulls 50% pay cuts for underperforming fund managers

China is considering slashing pay of fund managers who underperform their benchmarks as part of a broad overhaul of the nation’s 33 trillion yuan ($4.6 trillion) mutual fund industry aimed at boosting long-term investments, according to people familiar with the matter. The China Securities Regulatory Commission is proposing a 50% pay reduction for fund managers...

I’m a 62-year-old widow looking to downsize. Should I take out a HELOC and buy a condo?

AIMPWAMarch 14, 2025

“Condos in my area are scarce and often sell the day they hit the market. I could get a line of credit using my house as collateral.” Source link

Startups Weekly: Founders may be raising less, but deals haven’t been lacking

AIMPWAMarch 14, 2025

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and...

Budget 2025 lands softly—markets hesitate as capex slows

AIMPWAMarch 14, 2025

More concerning is this has been tagged as a “structural slowdown,” caused by slowing government capital expenditure, weak manufacturing, sluggish exports, and lacklustre private investment. Read this | Budget to offer blueprint of reforms under Modi 3.0 Naturally, expectations from the budget were sky-high, and the markets reflected this optimism, with the Nifty 50 breaching...

China is reportedly keeping DeepSeek under close watch

AIMPWAMarch 14, 2025

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country. After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have...