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All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
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
Global manufacturing production rapidly moving toward emerging markets like India, says IMF
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…
ANI
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
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
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…
Tom Carter
Luxury stocks are on the slide again as China's stimulus plans disappoint
Luxury sector stocks are suffering as European markets react to China's economic uncertainty and la…
Nora Redmond
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…
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
China's stock markets are partying like it's 2008, overwhelming systems
The euphoria was thanks to Beijing's big-bang stimulus announcement, that showed urgency and concer…
Huileng Tan
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
Stock market today: Dow, S&P 500 drop as rally loses steam ahead of fresh economic data
Traders are waiting on the second-quarter GDP revision and weekly jobless claims data to roll out o…
Jennifer Sor
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …
Kelly Cloonan
China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
Analysts say the new measure to prop up its struggling property market aren't enough to solve bigge…
Kelly Cloonan
China's luxury market has been in a slump, and we're about to find out how bad it really is
Bellwether LVMH reports third-quarter revenue on Tuesday, which could indicate how the rest of the …
Lian Kit Wee
'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
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
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of…
Theron Mohamed
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…