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Federal Reserve survey released on Friday. «Concerns over U.S. fiscal debt sustainability was the top-cited risk. It was noted that increased Treasury issuance could begin to crowd out private investment or constrain policy responses in an economic downturn,» the U.S. central bank survey found, while a potential weakening of the economy and possibility of a global trade war moved higher on the list of worries.

The Rich Dad Company co-founder Robert Kiyosaki discusses support for Bitcoin and explains his concern with the bond market on Cavuto: Coast to Coast. 

Subscribe to enjoy similar stories. Unilever said it will put India at the center of its new business strategy as it aims to benefit from increasing consumption in one of the world’s fastest-growing economies. In an event with investors, Chief Executive Hein Schumacher on Friday said India is the best opportunity for Unilever over the next couple of years and will be the key for all its group businesses.

The Liberals’ announcement Thursday of roughly $6.3 billion in GST/HST breaks and rebates has some economists wondering what that rush of cash into people’s pocketbooks could mean for the Bank of Canada and interest rate cuts.

Subscribe to enjoy similar stories. TOKYO—Japan’s cabinet on Friday approved an economic stimulus package worth more than $140 billion, in Prime Minister Shigeru Ishiba’s latest push to tackle inflation and boost growth after his coalition suffered a bruising electoral defeat last month. The package totalling 21.9 trillion yen, equivalent to $141.71 billion, is aimed at easing rising living costs and promoting business innovation and investment.

The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation

China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy

Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes

Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery

Subscribe to enjoy similar stories. DUBLIN : The Irish government is rolling in clover like never before. The country currently has so much money it pumps cash into not one but two sovereign-wealth funds.

Subscribe to enjoy similar stories. BAKU, Azerbaijan—A few dozen miles from the United Nations climate conference here, a company controlled by the United Arab Emirates recently opened the region’s largest solar-power park. Nearby, a Saudi state-backed company is building a large wind farm.

Subscribe to enjoy similar stories. As CoP-29 reaches its final phase of talks in Baku, Azerbaijan, the focus on climate finance has intensified, underscoring its importance for developing economies like India. India’s transition to a low-carbon economy is more than just a national challenge; it is a global imperative.

Santosh Rao, Head of Research & Partner, Manhattan Venture Partners, says they are doing a barbell strategy in the US where there is technology on one hand because that continues to be a growth strategy and AI is the growth engine and on the other hand, in anticipation of a recovering economy and pro-growth strategies, they are going with cyclicals such as financials and industrials and materials. Rao says a similar strategy applies in India as well and one should stay with high-quality names. There is no room for speculation. Technology is not that big a factor, but pharmaceuticals and industrials are. The rupee has largely been range-bound in the past year and that hovered between Rs 83 and 84 to the dollar. In fact, many emerging markets' currencies were losing ground. There are several reasons behind the recent depreciation that we have seen in the rupee like FII outflows and stronger dollar on the back of Trump 2.0 trade deficit. What is the biggest reason that is driving the rupee down and how critical are these levels in the rupee trade? Santosh Rao: I agree with all the reasons you gave. So, the incremental news in the last few days is the new narrative building that the Fed may not cut rates as aggressively as thought, which is keeping the 10-year yield up and that is keeping the dollar strong and that is going to weigh on most of the emerging market currencies, and also India. That is a big part and an incremental development since the last few weeks.

«Because if you look at it smallcap or midcap have not corrected in India significantly mainly because they do not own it. So, the selling has been completely in largecaps, both in 2021-22 and now,» says S Naren, ED & CIO, ICICI Prudential AMC. What is happening in the market? Why there are so many moving parts? S Naren: Actually, on the eve of Diwali, we had to give an interview where we told people that equity is not bank FD because the problem is there was a period of time from 2020 to 24 where people have thought that equity market is bank FD, at least after this correction no longer do people think that equity risk is equal to bank FD risk.

Subscribe to enjoy similar stories. The biggest challenge with artificial intelligence is that we don’t have enough yet. Regulation should aim to help solve this problem.

Citadel CEO Ken Griffin issued a warning against the steep tariffs President-elect Donald Trump vowed to implement, saying crony capitalism could be a consequence.

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

equity exposure of the household (HH) sector despite a surge in equity mcap. India's mcap hit 146% of GDP in the quarter ended June 2024. In its July bulletin, RBI published its first- ever quarterly estimates of the financial wealth of HHs, including their holdings in the equity market. A month later, Sebi released a 'Working Paper on Household Savings through Indian Securities Market'. Taking cues from these estimates, gross financial assets (GFAs) estimates, and outstanding liabilities of the HH sector, along with their equity exposure, were made. RBI's estimates up to FY23 were updated to Q1 FY25, incorporating additional information from Sebi's paper, which found:

Piyush Goyal Thursday said that India will be cautious in its opening up process till the time it is an emerging economy and it has to maintain a balance between protecting the needs of industry and the different levels of economic development of other countries and non-market economies when it comes to investment. At an event organised by the UK-India Business Council, he also said that India is going to bring out a new legal framework to ensure data privacy that would encourage free flow of data among trusted partners. “Till we are yet an emerging economy or a developed economy, I'll certainly need to have a little bit more caution in my opening up process,” Goyal said.

In a speech at Leeds University Business School on Wednesday (20 November), Dave Ramsden described the significant fall in headline inflation as «the main development on the UK economy over the last year». He recalled the MPC's forecast in November 2023, which predicted it would take over two years for inflation to return to the 2% target, noting it took just six months. Earlier this month the Monetary Policy Committee cut rates for the second time this year, taking the bank rate to 4.75%, and remarking in the monetary policy report that it expects inflation to rise to around 2.8% ove...

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates