Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific

Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company Aon. Hadynyah | E+ | Getty Images Economic losses in the Asia Pacific region due to natural disasters soared to $65 billion in 2023, mainly … Read more

Taiwan earthquake damages buildings and causes a small tsunami

A powerful earthquake struck off Taiwan early Wednesday, rocking the entire island and collapsing buildings. Japan issued a tsunami alert for the southern Japanese island group of Okinawa. Taiwan’s 0918 Earthquake Central Emergency Operations Center | Via Reuters The strongest earthquake in a quarter-century rocked Taiwan during the morning rush hour Wednesday, killing nine people, … Read more

An earthquake in northwestern China kills at least 126 people in nation’s deadliest quake in 9 years

Rescuers conduct search and rescue operations after an earthquake on Dec. 19, 2023 in the Gansu province of China. Jia Shengyan | Visual China Group | Getty Images A strong overnight earthquake rattled a mountainous region of northwestern China, authorities said Tuesday, destroying homes, leaving residents out in a below-freezing winter night and killing 126 people … Read more

Psychology of Money author Housel gives advice to scared investors

The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing how inevitable it is makes it more palatable to deal with when you go through it,” author and behavioral finance expert Morgan Housel told CNBC’s “ETF Edge” recently. It’s one of the major themes in … Read more