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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…
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman acknowledged uncertainties in India's garment sector prompted b…
PTI
Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…
Jennifer Sor
Bank stocks soar after Donald Trump's election victory
Shares of the biggest US lenders soared Wednesday after the election, as markets eye looser regulat…
Jennifer Sor
This new Goldman Sachs partner is leading the bank's strategy with young heirs and founders
New Goldman Sachs partner Brittany Boals Moeller leads the bank's strategy with millennial, Gen Z, …
Hayley Cuccinello
Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says
Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…
Jennifer Sor
Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says
Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…
Filip De Mott
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
China's retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says
People 60 years and older are expected to make up nearly half of China's population by 2050, accord…
Jennifer Sor
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
Jamie Dimon, CEO of JPMorgan Chase, just hinted at retirement. Here's how he became an iconic billionaire banker.
Jamie Dimon, the CEO of JPMorgan Chase, began his career in banking at American Express.
Katherine Tangalakis-Lippert
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, a level historically associated with recessions,…
Jennifer Sor
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
Scientists want to send our endangered species to the Moon to “save” them
Scientists are considering using the moon's craters for cryopreserving endangered species' cells to…
Status-quo on interest rate likely, say experts ahead of RBI's policy review
The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…