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2 mins read
Asian markets decline amid economic slowdown fears, experts say limited impact on India
Asian stock markets on Monday plummeted early as selling pressure mounted after lower-than-expected…
ANI
3 mins read
China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP
China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…
PTI
1 min read
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
3 mins read
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
2 mins read
India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…
ANI
2 mins read
'Time is running out' for China to hit its growth targets, economist says
With no clear sign of a stronger growth stimulus, China likely won't reach its 5% annual growth tar…
Kelly Cloonan
3 mins read
China retains 5% growth target for 2024 as economy struggles to shake off slowdown
Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…
PTI
3 mins read
China is still getting its hands on US chips — and striking back too
The US has tried to slow China's AI rollout with tough export controls, but China is managing to sk…
Hasan Chowdhury
2 mins read
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…
Alexandra Bacon
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
6 mins read
These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…
Aditi Bharade
3 mins read
Diamond polishing industry caught between lab grown rocks and economic slowdown
Diamond polishing industry is headed for turbulent times as revenues are expected to drop 30-35% …
2 mins read
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…
ANI
3 mins read
Gold loses sheen in August as economic data shows no sign of slowdown
Gold is not glittering all that much as central banks continue to hike rates and bond yields contin…
2 mins read
From interest rates to China's slowdown, these are the issues that will make 2024 another 'rocky year,' Harvard economist says
"Don't be surprised if 2024 turns out to be a rocky year for everyone," Kenneth Rogoff wrote for Pr…
Filip De Mott
1 min read
It's not just real estate and spending — another pillar of China's economy looks like it's heading for trouble, too
China's July exports grew 7%, missing expectations amid a sluggish economy.
Lian Kit Wee
3 mins read
Tesla's easy ride in China may be coming to an end
Tesla is facing new hurdles in China after years of favorable treatment in the region.
Nora Naughton
2 mins read
After Germany enters recession, fears in Singapore of 'technical recession'
Singapore fears slipping into a 'technical recession' in the second quarter as the challenges in th…
ANI
4 mins read
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
1 min read
Tim Cook gets real about China
Apple reported better-than-expected sales in China in its Q2 earnings. CEO Tim Cook says there's st…