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World’s rich grow richer as bull markets roar on, study suggests

ZURICH: Personal financial wealth swelled 12 per cent last year to nearly $202 trillion (151.58 trillion pounds), the strongest growth in five years as bull markets and the dollar’s weakening against most major currencies boosted global fortunes, a study showed on Thursday. Adjusted for exchange rate swings, global wealth rose 7 per cent. While residents […]

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