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2 mins read

Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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1 min read

Spain is betting on immigrants to boost its economy

The Spanish economy faces significant challenges from an aging population and one of Europe's lowes…

Rebecca Rommen,Nathan Rennolds   


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3 mins read

Even the strongest pillar of the Chinese economy is showing signs of weakness

China's exports grew 2.4% on-year in September, posting its lowest growth in five months as global …

Huileng Tan   


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2 mins read

Will consider EU suggestion on CBAM, come up with whatever good for Industry: Goyal

The minister said he feels the CBAM will hurt the EU "very" badly, as infrastructure, cost of…

PTI   


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3 mins read

Pets, sports, and Disney might end up rescuing China's ailing consumer economy

China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …

Kelly Cloonan   


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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

Rates won't fall back to pre-pandemic levels as geopolitical conflict and supply chain issues create problems for world economies, BofA exec says

Markets see rates falling to pre-pandemic levels as central banks ease policy, but BofA's Bernard M…

Kelly Cloonan   


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2 mins read

The EU slapped massive tariff hikes on China's EV giants. Investors don't seem to care.

Share prices of most Chinese electric vehicles surged on Thursday.

Huileng Tan   


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7 mins read

America's plan to fix its economy is going to screw over the rest of the world

There's a growing gap between America's interest rates and the rest of the world. That's going to c…

Linette Lopez   


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3 mins read

China could soon have to choose between fueling the Ukraine war and its access to Europe's economy

The West is hardening its stance toward China over its apparent support for Russia's Ukraine invasi…

Tom Porter   


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1 min read

Apple reportedly faces its first EU antitrust fine

It will be the first time the European Union has imposed a financial penalty on the iPhone maker if…

Jyoti Mann   


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2 mins read

Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months

The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.

Huileng Tan   


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2 mins read

Investing in women, gender-responsive budgeting key to green transition success, says global accountancy body

In the journey towards a greener and more sustainable future, women are not just stakeholders, but …

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3 mins read

Carbon tax turns into climate fight at COP28

The European Union's plan to impose a tax on the carbon pollution emitted to make goods imported fr…

PTI   


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2 mins read

Russian economy may face more hardship as the EU looks to close sanctions loopholes

The EU is considering sanctions on countries that re-export banned products into Russia, the Financ…

Filip De Mott   


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2 mins read

How a critical election year could impact markets and the economy

Goldman Sachs strategists broke down the impact of global elections on economic growth, monetary po…

Phil Rosen   


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1 min read

Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says

The IMF now expects Russia's GDP to more than double to 2.6% this year and flagged "high military s…

George Glover   


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2 mins read

Russia's economy is now so isolated that it has few options other than the Chinese yuan for its reserves

Currencies from other countries "not unfriendly" to Russia are even less stable and liquid than the…

Huileng Tan   


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Hungary says an EU ban on Russian oil would be a 'nuclear bomb' for its economy, as it derails embargo plans

Hungarian Prime Minister Viktor Orban is demanding the EU gives the country five years to pivot awa…

Harry Robertson   


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4 mins read

Russia's energy chokehold over the EU means it will continue to pose a danger, even if it's defeated in Ukraine

The EU is banning Russian oil by sea, but it's still funding Putin's war machine via pipeline and g…

John Haltiwanger,Ben Winck