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Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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SBI fraud case: CBI finally arrests offender who frequently changed identity, was proclaimed dead by court

​​A CBI press release said V Chalapathi Rao avoided arrest by frequently changing his identity and …

PTI   


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Stock market today: Indexes close lower after CPI shows sticky inflation in September

Indexes slipped Thursday as investors took in higher-than-expected inflation. The latest data has s…

Kelly Cloonan   


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1 min read

Russia's ruble hits the lowest level in a year against the dollar and the yuan

As a key Treasury license is set to expire this month, it could become a lot harder for Russia to t…

Jennifer Sor   


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Stock market today: Indexes decline after inflation comes in hotter than expected

Indexes slipped Thursday as investors took in hotter-than-expected inflation data on the heels of l…

Kelly Cloonan   


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3 mins read

Stock market today: US stocks close at all-time highs ahead of key inflation update

The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …

Jennifer Sor   


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Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus

The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ i…

Jennifer Sor   


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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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Brace for stock-market volatility this week if inflation comes in hot after the September jobs report, BofA says

The stakes for this week's consumer inflation report are higher after last week's red-hot jobs repo…

Kelly Cloonan   


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4 reasons why China's blistering stock rally has another 20% to run, Goldman says

China's stock rally is far from over, with 15% to 20% more upside ahead, Goldman Sachs says.

Filip De Mott   


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4 trends to watch this bank earnings season

JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …

Kaja Whitehouse   


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2 big reasons gold prices are set to surge 9% by early next year, according to Goldman Sachs

Central banks have been buying 15% of global annual gold production, and those buying trends should…

Matthew Fox   


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Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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China's bond market seems skeptical that recent stimulus will be enough

Yields on Chinese government debt are hovering near multi-decade lows as investors remain unconvinc…

Filip De Mott   


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It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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Gold prices have another 29% upside as China's central bank continues its buying spree, famed economist says

China has purchased about 181 tonnes of gold over the past year, and is now the sixth-largest holde…

Matthew Fox   


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Why oil prices have plunged 3% today

Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…

Filip De Mott   


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Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka

"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…

Matthew Fox   


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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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Sensex and Nifty closed in red, Nifty breaks 25,000 levels and closes at 24,971

The benchmark equity indices closed with a lower note on Wednesday after facing selling pressure in…

ANI