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If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets

European markets opened higher on Wednesday while Asian stocks followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory

Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House

Subscribe to enjoy similar stories. The US won the Cold War when the Soviet Union fell in 1991. The history of ideological conflict also ended, according to the American political scientist Francis Fukuyama.

«It can work it off by coming down sharply, as it has done a few times in the past or it can just go nowhere for a while and allow the earnings to catch up because as a result valuations will automatically correct as those earnings come through,» says Vetri Subramaniam, CIO, UTI AMC. For the first time, there is real pain and agony to be felt in this market after many-many years. Do you think we have taken a decisive turn in equity markets and we could be in for a long winter? Vetri Subramaniam: This business of predicting whether it will be winter, summer, spring is not really my forte. And after 25-30 years of doing this, I have come to the conclusion that nobody can really forecast this stuff beforehand. I will just stick to what I have been telling you and maybe that may have been our last conversation as well. The markets were pretty pricey in terms of valuations and history has taught us that when the market is pricey in terms of valuations, there are two ways in which it can work it off.

Subscribe to enjoy similar stories. Nothing has consumed more ‘little grey cells’ than discussions on the United States presidential election, the contenders and their impact on the fate of the global economy after this “mother of all US elections." Even with the election now out of the way, economic uncertainty and volatility are here to stay, given fractures in society (and thus the polity) across the developed world. The focus thus far has been on foreign portfolio flows, interest rates, the policy stance of central banks and at times their liquidity management.

The rupee closed at 84.3925 per dollar, unchanged from Monday's closing level.

After being gone for more than a century, Grover Cleveland is back in the news. Until last week he was the only president U.S. voters had thrown out of the White House and then, four years later, invited back in. But now they’ve done the same with Donald Trump

Pennsylvania restaurant owner Matt Flinchbaugh discusses how his business fared under the Biden administration on The Big Money Show.

Donald Trump’s landslide victory has shaken Canadians and rattled the loonie, but on balance will be beneficial for the country, notably its natural resource sectors.

Canada’s Labor Minister Steven Mackinnon says he is intervening to end lockouts at the country’s two biggest ports after the negotiations reached an impasse

Europe's main index plunged 2% to a near three-month low on Tuesday, as concerns over the fate of U.S.-China relations cast a shadow over stocks with significant exposure to the world's No. 2 economy, while some downbeat earnings also weighed. The STOXX 600 also notched its steepest one-day decline since early August after Monday's 1% jump.

US President- elect Donald Trump is all set to inherit an US economy which is showing signs of severe growth while he will be resuming his office in the month of January. According to The Associated Press, in spite of the fact that Donald Trump eventually won the Presidency due to voter frustration over inflation and economic conditions, he is going to find a pretty low unemployment rate and easing inflation as well. The Associated Press reported that the administration of Joe Biden has already initiated numerous infrastructure projects which include a computer chip plant in the state of Arizona and an electric vehicle factory in the state of Georgia which might continue under the leadership of Donald Trump. On the other hand, Joe Biden have acknowledged the fact that the benefits of his economic policies would be eventually felt following the end of his term while he also stated that much of the positive impact will unfold over the next decade. Also Read: Wild theories: Did Kate Middleton have cancer? Conspiracists are suggesting that the Princess of Wales may not have had cancer at all

External commercial borrowings (ECB) contracted $1.1 billion sequentially in September, according to the latest Data released by the Reserve Bank of India. ECB registrations by Indian companies through both the automatic and the approval route combined amounted to $4.8 billion in September, down from $5.9 billion in August. Financial services companies accounted for a bulk of ECB registrations for the month with Power Finance Corporation alone seeking to raise $ 1.06 billion from the approval route. Other major borrowers in the automatic route included Shriram Finance which sought to raise $750 million and Cholamandalam Investment and Finance Company which sought to raise $250 million during the month. All the finance companies are tapping the ECB market for on-lending activities.

The previous government in London committed in 2021 to curb such emissions by 78 percent over the same period compared to 1990. Starmer unveiled the new target as he attended the beginning of the COP29 climate conference in Baku, Azerbaijan, where he is one of the only G20 leaders to show up.

German media are reporting that Chancellor Olaf Scholz is expected to ask for a vote of confidence in his government on Dec. 16

Mauritius’ opposition coalition has won the country’s election by a landslide

Subscribe to enjoy similar stories. Wall Street bonuses are on the rise for the first time in three years. How big a pay bump bankers and traders get will depend on the type of work they do.

State Bank of India is planning to raise as much as Rs 20 billion ($237 million) through its third climate fund, according to people familiar with the matter. SBI Ventures Ltd. plans to raise the money from multilateral institutions after approval from the company’s board, said people, who asked not to be identified as the information is private. The fund will invest in small and mid-sized companies that are focused on recycling waste and curbing emissions among other initiatives, and obtain equity partnership, the people said.

Subscribe to enjoy similar stories. With the rising share of gig employment in India’s labour market, the welfare of gig workers who make home deliveries for e-commerce platforms has been gaining political attention. The government recently announced its intention of using its e-Shram portal—an initiative aimed at creating a National Database of Unorganized Workers (NDUW)—to identify and extend the benefits of its social-security schemes to gig workers working for e-commerce platforms.