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2 mins read
India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months
India's services sector witnessed a robust performance in October, as the Service PMI index surged …
3 mins read
A portfolio manager at a $21 billion firm warns the odds of a recession have risen to 40% from 20% as inflation and geopolitical concerns surge — and shares where he's investing
As Goldman decreases its recession odds, portfolio manager Zehrid Osmani is increasing his from 20%…
Christine Ji
2 mins read
S&P Global Market raised growth forecast of China, still significantly lower than India
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…
ANI
2 mins read
Economists expect big bang reforms to continue under Modi 3.0
Narendra Modi, elected leader of the National Democratic Alliance, will take oath as India's Prime …
ANI
1 min read
5 defensive trades to make if stagflation and hard-landing fears cause a stock sell-off, BofA says
The ongoing stock rally is "vulnerable to more evidence of stagflation," chief investment strategis…
Filip De Mott
2 mins read
UK army is unprepared for war and would run out of ammo quickly, former defense official says
The UK military is ill-prepared for war and would run out of ammo in "any larger-scale operation," …
Thibault Spirlet
2 mins read
Russia's economy isn't facing disaster anytime soon as weapons production compensates for GDP losses, Ukrainian strategist says
Economists have had to admit their forecasts of a Russian GDP crash were wrong, the Institute for B…
Phil Rosen
2 mins read
The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic
The GDP update shows Britain's economy has reached a key milestone in its recovery from the pandemi…
Harry Robertson
2 mins read
Global shares fall as hawkish Fed signals continue to echo across financial markets
Stocks eased after more signals from Federal Reserve officials that US rates will soon rise, while …
Adam Morgan McCarthy
1 min read
UK growth slows to 1.3% in the 3rd quarter as supply chain disruptions and inflation hit
Like other economies, the UK is grappling with supply problems and soaring prices that are worrying…
Harry Robertson
2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
2 mins read
UK economy expands in August after July dip, but growth undershoots expectations
The UK economy's recovery has slowed in the third quarter after a rapid rebound earlier in the year.
Harry Robertson
1 min read
The UK economy grew much faster than expected in Q2, bolstering the chances of an interest-rate hike
The stronger-than-expected UK GDP figure will have been closely watched by the Bank of England.
Harry Robertson
2 mins read
Recession fears mount as UK GDP falls 0.3% in Aug
The UK's gross domestic product (GDP) declined by 0.3 per cent in August, after growth of 0.1 per c…
2 mins read
How a critical election year could impact markets and the economy
Goldman Sachs strategists broke down the impact of global elections on economic growth, monetary po…