Research reveals that saving and spending patterns are often driven by emotional and psychological factors such as scarcity mindset, past hardships, and present bias. Experts recommend behavioural strategies like automation and goal-setting to foster healthier financial habits amidst underlying anxiety.…
Punjab National Bank plans to introduce wealth management services by December, aiming to enhance fee-based income and strengthen relationships with its key clients through a expanded network of customer relationship managers. Punjab National Bank plans to launch wealth management services…
As 2026 approaches, savers face new considerations when selecting where to park their emergency reserves, balancing yields, liquidity, and tax advantages across high-yield savings accounts, money market funds, and Treasury bills. Choosing where to park an emergency fund in 2026…
Authorities in Mumbai alert businesses to a rising trend of impersonation scams where fraudsters use executives’ identities to siphon off millions, emphasising the importance of verification and quick reporting. Mumbai police have warned of a rising wave of so-called “boss…
Adopting a biweekly budgeting approach, centred around pay periods rather than calendar months, helps households align their spending with income, reduce financial surprises and accelerate savings goals, according to experts. For households paid every two weeks, a biweekly budget can…
A Hong Kong man has been defrauded of HK$10 million after scammers used artificial intelligence to mimic his father’s voice on WhatsApp, highlighting the rising threat of AI-enabled impersonation fraud in the region. A Hong Kong man has lost HK$10…
The National Cyber Crime Investigation Agency has detained 28 suspects across Lahore, Faisalabad, and Multan in a crackdown on a widening online fraud network that targets citizens through impersonation and fake claims, recovering devices and evidence linked to millions of…
Indonesia’s OJK is ramping up efforts to improve financial literacy as rising car sales and credit demand clash with widespread misunderstandings about borrowing risks. The regulator warns against social media-driven impulsive spending and aims to foster more informed consumer choices…
A disciplined approach to core-satellite investing emphasises maintaining a clear division between stabilising long-term holdings and tactical bets, with strict rules on fund transfers to safeguard portfolios against market volatility. A core-satellite investing structure works best when the roles are…
Experts advise households to focus on building a small emergency fund, capturing employer matches, and paying off high-interest debt before prioritising investments, highlighting a practical approach to managing limited finances in uncertain times. When every spare dollar has to choose…
