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Subscribe to enjoy similar stories. China’s over $100 billion push to bolster its stock markets has stirred optimism, but begs the question of whether investors and businesses will take the bait amid lingering doubts about the economy’s underlying weakness.

The population growth rate continues to grow at a decent pace despite showing signs of a slowdown in the latest quarter, according to Statistics Canada data released Wednesday.

The stock market’s unrelenting rally this year has claimed its share of celebrity bears, the best known beingJPMorgan Chase & Co. market strategist Marko Kolanovic.

Federal Reserve policy makers later in the day for clues on the pace of interest rate cuts. The U.S. currency rebounded strongly overnight from a more than one-year low to the euro and 2 1/2-year trough versus sterling.

Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country

Russia-Ukraine conflict, the Russian Foreign Minister Sergey Lavrov met with his Chinese counterpart Wang Yi on the sidelines of the 79th United Nations General Assembly on Wednesday and discussed the ongoing Ukraine conflict. During their discussion, both leaders reiterated the sanctions imposed by the Western countries' violated UN Security Council resolutions and undermined global economic stability. «Sergey Lavrov and Wang Yi mentioned that Western countries' illegitimate sanctions imposed in circumvention of UN Security Council resolutions are unacceptable as they undermine the stability of the global economy and universal forms of trade and economic cooperation,» the Russian Ministry of Foreign Affairs said in a statement.

US economy is now becoming the biggest topic for both the US Presidential candidates, Donald Trump and Kamala Harris, as both of them are attacking each other on their respective economic plans. Harris, in her interview with MSNBC, has now thrown an allegation at Trump, stating that his economic plans could easily bring the US economy at the brink of a devastating recession. This is a rather scary statement for the Americas, as US recession fears are continuing to linger on, which has affected the stock markets as well, and has forced the US Fed Reserve to issue a whopping 50 bps interest rate cut to slow down the impending recession.

Vice President Kamala Harris is pledging to build an economy that is both pro-business and helps the middle class as she pushes back against Republican nominee Donald Trump’s claims that she’s advancing “communist” ideas

The Asian Development Bank says it expects developing economies in the region to grow at a 5% annual pace this year, up slightly from its earlier estimate of 4.9% growth

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Chinese economy is already on the brink of a major crisis, with major recession fears building up towards the end of the year. Moreover, it was real estate till now, that was a major recession indicator, with housing or property loan drastically dropping down from the bank's assets, but this time the nation's baking sector is also in a big fix, and needs a resolve at the earliest or else there is no saying how badly it could impact the country's economy.

According to Associated Press, a three judge panel of 11th US Circuit Court of Appeals found some legal errors in Julie Chrisley’s sentence and sent her case to a lower court for resentencing. Following which, Julie Chrisley has been resentenced to a facility in Lexington which is in Kentucky until the year of 2032. Also Read: After real estate, another big crisis is looming in the Chinese economy — banking sector

G20 countries and its expansion will propel the global economy, OECD chief economist Álvaro Pereira said. He remained optimistic about domestic demand maintaining its upward trajectory. Pereira also flagged the need for continued emphasis on improvement in the country’s business climate and skill sets. “India is the champion of growth in G20 and continues to show a very strong and broad-based performance,” Pereira told ET in an interview. The Organisation for Economic Cooperation and Development (OECD) raised the country’s growth forecast to 6.7% for FY25 and 6.8% for FY26, a revision of 1 and 2 basis points, respectively, with an upside risk. 'Significant Reforms’

International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, authorities said Wednesday, more than two months after the two sides said they had reached an agreement. The loan — which Islamabad will receive in installments over 37 months — is aimed at boosting Pakistan's ailing economy, officials added. Prime Minister Shehbaz Sharif in a statement hailed the deal that his team had been negotiating with the IMF since June. He thanked Kristalina Georgieva, the head of the IMF and her team, for the approval.

core inflation headed further south points to likely excess capacity in various pockets of the economy, buttressing the case for an immediate cut in policy rates, although geopolitics could have a disproportionate say on the cost of debt globally, said Jahangir Aziz, head, emerging markets economics at JP Morgan Chase. India's June core consumer inflation, which strips out the impact of transitory fuel and food prices, was at 3.14% — the lowest since the inception of the gauge in 2012. Core inflation has been declining since the beginning of the year. «In any economy, when you have sustained declines in core inflation, it not only means that the country has excess capacity, but also that the excess capacity is widening and not narrowing,» Aziz told ET. «So, if you have a country in which the excess capacity is widening, then your interest rates are far too restrictive and, therefore, interest rate needs to be recalibrated lower.»

China's elite has disappeared after criticizing Xi Jinping. The Wall Street Journal reports that Zhu Hengpeng disappeared after criticizing Xi Jinping. Zhu is thought to have questioned the Chinese economy and Xi's leadership in a secret WeChat group. Zhu's last known public appearance occurred in late April, according to the website. A renowned economist has joined the expanding list of Chinese elite who have disappeared from public life after criticizing President Xi Jinping. Zhu Hengpeng was the deputy director of the Institute of Economics of the Chinese Academy of Social Sciences (CASS) for over a decade.

King Charles leads a lavish life full of luxury and indulgence. He was labeled as a pampered prince, which is a rumor before he conquered the throne. Now his life has changed totally based on food habits.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Modi government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing. These initiatives include the rollout of production linked incentive (PLI) schemes for 14 sectors, easing foreign direct investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy. Prime Minister Narendra Modi in a post on X stated that Make in India has led to a rise in exports in different sectors, building capacities and strengthening economy.

By Steve Ambler and Jeremy Kronick

The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery