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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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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   


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2 mins read

Sensex surges to record high, gains 400 points; Nifty reaches all-time peak

The Nifty touched a record high at 25,174.55 and Sensex rose to 82,220.68. The indices opened almos…

ANI   


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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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3 mins read

Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…

PTI   


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2 mins read

The Fed is following its 1995 playbook — and that's great news for stocks and the economy

The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling …

Jennifer Sor   


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2 mins read

The world population is growing older. That's bad news for the stock market.

The world population is getting older, and the trend could lead to declining stock returns and weak…

Kelly Cloonan   


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3 mins read

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


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2 mins read

A Vietnamese real-estate exec embezzled so much money it equalled 3% of the country's GDP. Her punishment is death.

In Vietnam's largest-ever fraud trial, a tycoon was sentenced to death. Prosecutors said she embezz…

Joshua Zitser   


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3 mins read

Why bad news for the economy can be good news for stocks

Solid economic growth and employment gains could darken the outlook for stocks by prompting the Fed…

Theron Mohamed   


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1 min read

Corporate earnings and economic growth are diverging. That's great news for stocks.

The ultra-rare scenario of slowing economic growth and rising corporate profits has been seen just …

Matthew Fox   


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2 mins read

How a Saudi pullback from a landmark US deal would be bad news for dollar dominance

The Atlantic Council is speculated what could happen to the dollar if a long-standing accord with S…

Filip De Mott   


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2 mins read

Fitch's negative outlook for China is more bad news for its stalling economy

Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…

George Glover   


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3 mins read

China's GDP sinks to 3% in 2022, second lowest in 50 years

The slow pace was blamed mainly on the strictly implemented zero-Covid policy leading to periodi…

PTI   


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4 mins read

World Bank downgrades India's economic growth forecast to 6.5% for FY23

The Indian economy grew by 8.7 per cent in the previous year. "The Indian economy has done …

PTI   


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1 min read

The specter of stagflation is back in the news. BofA says investors should buy these 2 areas of the market to capitalize.

Reports referencing "stagflation" jumped to a two-year high, which could quickly shift the market n…

Filip De Mott   


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2 mins read

China sets GDP target at 5%, defence budget up by 7.2%

The GDP growth target and China's other development goals were released in the Government Work Repo…

ANI   


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2 mins read

China is still struggling to fix its demand problem and that's bad news for the likes of Apple and Tesla

China's GDP rose by a better-than-expected 5.3% in the first quarter, but analysts flagged slowing …

George Glover   


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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   


Jacob Zinkula,Madison Hoff