COST Financial News

China, a.k.a. “the growth engine of the world,” has posted a series of disappointing economic data points over the last few months.

Prime Minister Justin Trudeau is set to huddle with his new cabinet on how to address the soaring cost of living, a growing vulnerability for his government as more Canadians blame it for their rising bills.

Narendra Modi came to power in 2014. From being a net importer, India has become a net exporter of handsets. Elsewhere in Asia, the contest is over semiconductors.

One of the fundamentals of launching an NFT collection is choosing where you’ll mint it to reach the moon. If everyone is choosing the Ethereum and Solana blockchain to mint their collection, does it mean it’s good for your collection too? Sometimes, less saturated blockchains like Ripple, Tezos and Polygon can turn out to be a blue ocean for your collections. 

exports and imports of goods and services declined 2.5% on-year in January-June 2023 at $800.9 billion, think tank Global Trade Research Initiative (GTRI) said Monday. Exports of goods and services rose 1.5% to $385.4 billion in the first six months of the calendar year as against $379.5 billion in the corresponding period a year ago while imports dipped 5.9% to $415.5 billion from $441.7 billion in January-June 2022. In merchandise trade, exports fell 8.1% to $218.7 billion, while imports contracted 8.3% to $325.7 billion. “Data is showing modest decline due to weak global demand and losing competitiveness in labour intensive sectors,” said GTRI Co-founder Ajay Srivastava. Services exports during the six months grew 17.7% to $166.7 billion, while imports rose 3.7% to $89.8 billion. India exports goods to 240 countries and out of that, the country's outbound shipments declined in 134 destinations. Major countries where exports declined include the US, UAE, China, Bangladesh, and Germany.

FedEx’s highfliers have been grounded. A sharp drop in package volume and a move to combine FedEx’s Express and Ground delivery units created a glut of pilots, leaving what was long the company’s most revered class of workers in a state of angst. “There are many concerns about FedEx flying and what the future holds," Pat DiMento, the company’s vice president of flight operations, wrote in a July letter to Express crew members viewed by The Wall Street Journal.

unemployment rate dipped to a low 3.5% in July, and wages increased more quickly for rank-and-file workers than employees overall, rising 4.8% and 4.4% respectively from a year earlier. Working for insurance instead of a paycheck The out-of-pocket cost for one round of IVF runs to an estimated $15,000 to $30,000. Some workers toil for just the fertility benefits, with no additional pay.

New Delhi (India), August 12:It is only when you use a travel credit cardthat you realize the difference it makes to your costs. In addition to providing a premium travel experience, these credit cards include complimentary airport lounge and spa access and a great deal of savings. Especially if it's an IDFC FIRST Bank credit card.

Paytm on Monday said it is investing in AI to build an Artificial General Intelligence software stack. In the annual report for FY23, the company's CEO Vijay Shekar Sharma said Paytm pioneered mobile payments in India and led mass adoption with innovations like QR Codes and Soundbox. He said Paytm’s next contribution will be small mobile credit with high credit quality and fully compliant with the regulators guidelines.

Jio Financial Services made its official debut on the exchanges, listing at a price slightly higher than its derived price. While the listing was a booster shot, the stock succumbed to selling, largely by passive index funds, who needed to adjust their portfolio ahead of the exit of Jio Financial from Nifty 50 and Sensex. The stock will be removed from the indices on Thursday, provided it does not hit the price band for two consecutive days.

Germany’s central bank anticipates that the country’s economy, Europe’s biggest, will be more or less stagnant again in the current quarter

Most of us will need help with daily tasks at some point, such as dressing or bathing

Still haven’t seen “Barbie” or “Oppenheimer”

A new car that costs under $20,000, once an unofficial threshold of affordability, is all but history in the United States

ISTANBUL (Reuters) — Turkey's central bank is expected to raise its policy rate to 20% this week, a Reuters poll showed on Monday, though some economists expect a smaller increase after hikes in previous months remained below expectations.

Investing.com — Oil prices rose Monday, helped by another rate cut from China, the world’s largest crude importer, as well as the prospect of tighter supplies.

insurance sector is seeing a rejig in the variable pay mix. Some have removed the success of the company as a parameter while rolling out variable pay. These firms think the young workforce may not have the line of sight and see the impact on the larger picture and hence should be evaluated on their own and team's performance.

By Jeslyn Lerh and Jacob Gronholt-Pedersen

By Yoruk Bahceli

Investors in thematic funds have an ever-increasingly range of funds to assist diversification and there are now new funds focus on royalty companies and cancer treatments.

₹5.60 lakh (ex-showroom), this special edition electric motorcycle serves as a homage to the Chandrayaan-3 mission and marks a tribute to India's remarkable space journey. The EV startup asserts that this latest model is a testament to their respect for India's space odyssey. Ultraviolette Automotive asserts that the F77 Space Edition draws its inspiration from India's progress in space research and technology.