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2 mins read

Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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3 mins read

Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.

Luxury brands that align with Japanese values of quality, craftsmanship, and simplicity stand to wi…

Maria Noyen   


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5 mins read

India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant

India is witnessing a once-in-a-generation economic growth which can be attributed to radical chang…

ANI   


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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   


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1 min read

Two Japanese banks set to start operations in GIFT City: IFSCA chief

Two more Japanese banks are set to join 10 foreign and 16 local banks in the tax-free GIFT City, wh…

PTI   


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Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen

Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a sur…

Lian Kit Wee   


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7 mins read

Dear Kangana, India is already among the most overworked and underpaid. “Obsessive work culture” is not a solution

In an Instagram story, Ranaut reacted to Modi’s first address after taking the oath in Delhi for hi…

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9 mins read

Japan's historic economic comeback shows just how screwed China is right now

China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get ev…

Linette Lopez   


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3 mins read

India is the surprise winner amid China's economic chaos and investor exodus

China's raft of financial and economic troubles appears to have spooked investors and businesses in…

George Glover   


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2 mins read

Japan reports its worst GDP on record

The annual rate shows what the number would have been if continued for a year. The world's…

PTI   


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5 mins read

Walmart and Target borrowing ideas from each other shows we're in a new economic landscape

Walmart and Target are borrowing ideas from each other, making the stores look similar. But it's mo…

Dan DeFrancesco   


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Billionaire investor Ray Dalio warns the US and China are 'dangerously close' to a war that would crush economic growth

President Xi Jinping appeared to hint at a possible conflict with the US over Taiwan when he warned…

George Glover   


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Japanese startups look overseas as domestic market shrinks

Not only the startups, but the Japanese Government too is looking to spread its economic footprints…

ANI   


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1 min read

Stocks may crumble under the weight of inflation, interest-rate hikes and economic woes, one strategist says

Hedgeye CEO Keith McCullough sees inflation rebounding to 3.5%, and potentially a couple more inter…

Theron Mohamed   


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3 mins read

New stimulus can fuel full US GDP recovery 2 quarters sooner than previously expected, Morgan Stanley says

The bank expects Congress to pass a new stimulus bill in September with between $1.5 trillion and $…

Ben Winck   


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3 mins read

Markets fall for sixth straight session amid weak cues from Asian markets; metals lead sell-off

Investors were concerned that the US Federal Reserve might raise interest rates further to curb …

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3 mins read

The euro has broken $1 for the first time in 20 years, bulldozed by an unstoppable dollar. Here are 3 other currencies to watch.

The dollar has surged this year as the Fed hikes interest rates aggressively. These three other maj…

George Glover   


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1 min read

China is likely headed for a lost decade and won't 'eat our economic lunch,' former IMF official says

"As occurred with the supposed Japanese economic miracle in the 1980s before it, we will find that …

Jason Ma   


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2 mins read

Goldman Sachs says the risk of the US falling into a recession within a year has doubled after the Fed's aggressive rate hike

Wall Street is scrambling to slash its US growth forecasts following the Fed's biggest interest rat…

Harry Robertson   


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2 mins read

The dollar's blistering rally is almost over as support from US economic outperformance is fading, Societe Generale says

The outlook for US economic growth "matters more for the dollar going forwards than where US bond y…

Carla Mozée