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Foreign investors pulled a record amount of money from China last quarter, likely reflecting deep pessimism about the world’s second-largest economy.

Family Feud, a popular game show when I was growing up, would ask contestants to guess how a group of people had answered a specific question. It served as a regular reminder of the importance of supplementing one’s thinking with external perspectives. If, in the tradition of Family Feud, we were to poll market participants about the turmoil we’ve seen since the worse-than-expected US jobs report, I suspect we would get quite specific responses on what is causing the global stock selloff as well as what would be the best circuit breaker to avoid further big losses.

Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?’”

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

The Labor Department releases its monthly consumer price index on Wednesday

Collective intelligence is becoming a catchphrase meant to capture the essence of the knowledge economy, where multitudes of people collaborate on difficult challenges, with each bringing something different to the table. The result is continuous experimentation and innovation, leading to great discoveries. And with the proliferation of artificial intelligence, the participants in this process may not even be human.

Former Bank of Japan (BoJ) executive Makoto Sakurai has indicated that another interest rate hike is unlikely this year, following Japan’s recent increase which caused Bitcoin to crash.

India. President Muizzu further emphasized that India has always been one of the closest allies and invaluable partners, facilitating and providing aid whenever the Maldives needed it, the Maldivian President's Office said in a statement. He was speaking at the ceremony held at the Maldivian President's Office, where he was handing over the completed water supply and sewerage facilities on 28 islands in the Maldives, funded by the Government of India's Line of Credit Facility through EXIM Bank of India.

Afghanistan, the Taliban government has achieved some diplomatic wins even as it has consolidated power and enforced its strict version of Islamic law. The Taliban rulers continue to operate without official recognition from any country — its restrictions on women a major sticking point. But concern over Afghanistan's worsening humanitarian crisis, the threat of terrorism, and hard-nosed pragmatism have led to some international engagement.

Anish Tawakley, Deputy CIO-Equity, ICICI Prudential AMC, says he focuses more on cycles than on big 10-year structural trends. On a 10-year structural trend, one has to be in the right company because even if you look at the retailing example, it is a 10-year, 20-year trend, but it is not as if every company has done well. There are better opportunities in automobiles, capital goods, cement, and real estate because that is a sector that could still produce earnings surprises. Tawakley also says that we are still in an upcycle at the moment economically. We will reach the peak of this cycle when power capacity utilisation peaks. Let us start with your market view risk versus reward, how would you map the current market setup for our viewers? Anish Tawakley: At this point, the earnings outlook is reasonably good given that the economy is in good health. The market valuations are not cheap. So, anybody coming into the market should be coming in with at least a three-year view. One should not be coming in for very short-term gains. But the economic outlook is very healthy and the earnings outlook is also reasonably robust.

Forecasters expect the official data from the Office for National Statistics on Wednesday (14 August) to reveal that inflation jumped from 2% to 2.3% in July. Bank of England cuts interest rates by 25 basis points to 5% This comes despite a show of «resilience» from the UK economy over the summer, arguably providing some room for further rate cuts, according to data from consultancy firm BDO. Its Optimism Index rose above 100 for the third consecutive month to levels last seen in mid-2022 — rising slightly to 102.22 from 102.09 in June, marking the third time it...

Key for the Federal Reserve will be U.S. consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%.

World Leaders Forum (WLF) on August 31 in New Delhi. ET is bringing together the world's brightest minds at a time when India is emerging as a beacon of hope in the global economy, establishing itself as a growing superpower on the international stage amid global conflicts, economic stagnation and shifting power dynamics. Top consultants, including Rich Lesser, chairman of BCG, and Mohamed Kande, chairman of PwC, will provide insights into the global economy and corporate trends, exploring how India can strategically position itself to succeed in this evolving landscape.

Maui business owner Javier Cantellops discusses how the island needs tourists to return for businesses on ‘Cavuto: Coast to Coast. 

US stock market indices S&P 500, Dow Jones Industrial Average, and Nasdaq will look to shrug off volatility as investors are keeping eyes on inflation data, corporate earnings and presidential polls. Following months of placid trading, U.S. stock volatility has surged this month as a run of alarming data coincided with the unwinding of a massive, yen-fueled carry trade to deal equities their worst selloff of the year. The S&P 500 is still down around 6 per cent from a record high set last month, even after making up ground in a series of rallies after Monday’s crushing selloff.

China as both a competitor and an adversary, Republican vice presidential nominee Senator J D Vance said on Sunday that his party wants to establish a robust international framework where the US can «check» Beijing. «I think they're both, right, and I think that what we want to do here is build the kind of international order where we can check China,» Vance told CBS in an interview when asked if he views Beijing as a competitor or an adversary. «We don't want to go to war with China, but certainly they're an adversary...for example, the Chinese know that they're manufacturing tons of fentanyl, they're letting them come into our country. (Vice president and Democratic presidential candidate) Kamala Harris has done nothing about this,» Vance said in «Face the Nation» programme. He said Harris should apply diplomatic and economic leverage on the Chinese to stop manufacturing fentanyl, which is smuggled into the Mexican drug cartels and subsequently shipped into the US.

The recent rupture of a crucial oil pipeline has sent fresh pain through the economy of South Sudan, where even the security forces haven’t been paid in nine months

U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains

Stocks are closing a wild, whipsaw week for Wall Street with modest gains

business cycle is turning at a sickening speed and another one already seems to be on its way. If you are like most people, your memory of downturns will be dominated by the past two—the financial heart attack in 2007-09 and the pandemic-induced collapse in 2020. Both were severe and highly unusual.

Sheikh Hasina has alleged that the USA aimed to oust her from power due to her refusal to cede control of Saint Martin Island, which would have allowed the USA to exert influence over the Bay of Bengal. Hasina, in a message conveyed through her close associates and made available to ET, claimed that by surrendering the sovereignty of Saint Martin Island, she could have stayed in power. However, she chose not to compromise on the island's sovereignty, highlighting the island's strategic importance and the potential geopolitical influence it represents in the region.