This investor is bullish on Alibaba, says now is a ‘great opportunity’ to buy

Lockdowns in China could be a boon for businesses like Alibaba, says Sam Le Cornu of Stonehorn Global Partners, who said his firm is buying more shares in the Chinese tech giant. “We’re increasing our position in Alibaba,” Le Cornu, CEO and co-founder at the investment management firm, told CNBC’s “Street Signs Asia” on Thursday. “Based on valuations and the earnings outlook, we see that it’s a buying opportunity.” As the pandemic stretches into its third year, China continues to press on in its strict zero-Covid strategy, with lockdowns being implemented…

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New to investing? Here are some tips to get you started

For beginners, the world of investing can be a daunting place – from deciding which funds to pick to simply deciphering the jargon. But it’s important to remember that even the most experienced investor was once sitting where you are now. At its simplest, investing is about two things: protecting and enhancing your wealth. To help get you started on your investing journey, here are a few simple tips you might want to consider: 1. Think about your investment goal and time horizon Most people save and invest to achieve…

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Kashmir on edge: Most tourists cancel travel plans, airlines cap flight ticket prices

The turmoil in Kashmir has not only cut short the travel plans of pilgrims and tourists currently visiting the state, but also thrown a spanner into upcoming travel plans for the long Independence Day weekend. According to Tourism Kashmir Director Nissar Wani, about 20,000-22,000 tourists were in Kashmir on Friday when the Jammu and Kashmir (J&K) administration issued an advisory asking Amarnath Yatris to cut short their pilgrimage and all tourists to leave Kashmir Valley at the earliest, citing terror threats. As per reports, only a little over 1600 tourists…

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Virtual route to travel

It was a powerpacked panel at the Digital Nomads: How online companies are shaping the travel plans’ session where the discussion ranged from how millennials are choosing to travel to the way they seek technology to enhance their travelling experience. Smartphones have revolutionised travel, said Rajesh Magow, CEO and co-founder of MakeMyTrip while explaining how the real change for this travel portal started somewhere in 2006, when they relaunched and bought convenience booking at one’s fingertips. Today, there is a ton of data available and we are looking at using…

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What are travel cards. Do you need it?

Mumbai: Travel is fun. And the right tools can make travel even more fun. Have you considered opting for a travel credit card? “The first thing that people associate with travel cards are air miles. However, travel cards also come with other features,” said Navin Chandani, chief business development officer, Bankbazaar. To know more, read on. What are travel cards? A travel card is a type of credit card that is specifically designed keeping in mind the needs of a traveller. A normal credit card gives you rewards in form of cashback…

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Quick tips to make your travel days easier

Anyone who travels a lot will tell you that there are easy ways to get from A to B and hard ways. We are talking specifically about aeroplane travel either in country or international. If done right it can be a very simple and painless day, but if done wrong it can be about delays and hassles and endless frustrations. So, what are the tips and how do you go about destressing a plane trip. From the mouths of the experts, and those who fly very regularly, here are some…

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