Economy Financial News

28.03 / 21:57

UPS Cooper economy country Features Top Chinese official says green, high tech development key as nation seeks to spur economy

A top Communist Party official says China is committed to introducing reforms that will upgrade the technological level of its largely manufacturing-based economy

28.03 / 20:53

UPS Progressive Extreme economy wellness trends AI could drive up the neutral rate of interest in an economy

As improvements in artificial intelligence (AI) continue apace, so do questions about how AI will influence economies, asset prices and—the question of the moment—interest rates in America: Is AI more likely to make them go up or down? You might think economists would have a simple handle on such a straightforward query, but the both macroeconomics and AI are complex. Nevertheless, I have a bold prediction: Real or inflation-adjusted rates will go up, and for a considerable period of time. The conventional wisdom is that rates tend to fall as wealth and productivity rise in an economy.

28.03 / 20:53

Google Apple economy Align reports Courts rights The TVS Group’s nuclear family pact is path-breaking

Last week, there was a rather unusual news report in some business papers about a new agreement in the family of Venu Srinivasan. As chairperson of TVS Holdings Ltd (formerly Sundaram-Clayton) and chairman emeritus of TVS Motor Company Ltd, he announced that his nuclear family members, comprising himself, his wife Mallika Srinivasan, daughter Lakshmi Venu and son Sudarshan Venu, had executed a memorandum of understanding (MoU), effective 21 March 2024, to avoid competition among themselves with specific reference to the use of the ‘TVS’ brand name, complete with a non-compete pact and more. This is an interesting and unique family business development for three reasons.

28.03 / 19:25

markets UPS Reuters economy film Actor show ‘Robust’ GDP growth to start 2024 puts Bank of Canada in tough spot: economists

The Canadian economy is outperforming expectations to start 2024, Statistics Canada data shows.

28.03 / 16:55

markets UPS economy wellness Trade Fastenal Posthaste: Fasten your seat belts, the Canadian dollar is in for a bumpy ride

As the countdown to central bank rate cuts continues, what’s in store for the Canadian dollar?

28.03 / 15:41

markets Progressive security economy Food Trade country Poland and Ukraine leaders cite progress on regulating Ukrainian food imports to ease farmer anger

Ukrainian and Polish leaders say they have made progress on regulating Ukraine food imports that have led to farmer protests in Europe

28.03 / 15:41

markets UPS security economy reports Department Applications for US unemployment benefits dip to 210,000 in strong job market

The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security

28.03 / 15:41

markets DOW economy Trade reports International Stock market today: Wall Street holds near records as it coasts to another winning month and quarter

Stocks are holding relatively steady as Wall Street coasts into the close of its latest winning month and quarter

28.03 / 14:49

UPS Manufacturing economy Food wellness country reports Now Goldman Sachs too sees India’s economy growing at a faster clip

NEW DELHI : Goldman Sachs joined a clutch of investment firms that are seeing higher potential for India’s economic growth, encouraged by a strong spell of investment as well as manufacturing activity in the country. Goldman Sachs on Thursday raised its forecast for India's economic growth in calendar 2024 to 6.6%, up 10 basis points (bp), on the back of higher investment spending and activity data. Rating agency Moody's earlier this month raised its forecast for India's GDP growth in 2024 to 6.8% from 6.1%, reflecting both global and domestic optimism in the country's economy on the back of robust manufacturing activity and infrastructure spending.

28.03 / 13:33

UPS Williams Strategy economy Morningstar Research Two China property giants lead drive to diversify

Some of China’s biggest developers are doubling down on asset management and investment property rather than home building, seeking more stable sources of income as hopes for a turnaround in the country’s real-estate sector fade. That shift, an effort to boost profit stability after years of weak property sales and tightened sector regulations in the world’s second-largest economy, should give investors a clearer road map into earnings while also boosting company valuations and financial health, analysts say. At the front of the drive are China Resources Land and Longfor, two developers with mature investment properties that include some of the biggest shopping malls in China.

28.03 / 12:37

COST FIVE economy EON Trade country NOT David Rosenberg: Canada was once productive and competitive, but not today

I have to say that watching the recent fiasco in the House of Commons with respect to the subtle (maybe not too subtle) shift in Mideast policy makes it embarrassing enough to be a Canadian, but the government’s mishandling of the economy and fiscal policy is beyond the pale — declining real per-capita incomes in Canada year in and year out.

28.03 / 12:37

markets economy Sustainability Trade performer country How to fix Canada's poor productivity performance

By Atakan Bakiskan

28.03 / 10:33

economy Remark Experts country reports Schools parachuting Raghuram Rajan draws flak for comments on India's growth, experts call him 'parachute economist'

Bloomberg reported. According to Rajan, India is making a big mistake in believing the 'hype' around its strong economic growth, adding that it will take several years of hard work to make it real. The economist was of the view that for a country like India, it is vital to first improve its structural problems to meet its true potential.

28.03 / 08:29

Provident economy show diving Revised GDP figures confirm UK economy fell into a recession last year

Revised estimates of quarterly GDP, which use additional data to provide a more precise indication of economic growth, showed that the economy shrank by 0.3% in the last three months of 2023, in line with the earlier estimate. Q3's 0.1% fall remained unchanged, confirming a technical recession, which is described as two consecutive quarters of negative growth. Deep Dive: UK economy shows signs of rebound but long-term growth outlook remains 'unspectacular' A large contributor to the technical recession seen in the final six months of 2023 was the sharp rise in interest rates from t...

28.03 / 07:39

MET Manufacturing economy Trade country Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve

Chinese leader Xi Jinping has called for closer trade ties with the U.S. during a meeting with top American business leaders in Beijing

28.03 / 06:45

markets UPS economy Opinion Infinity fun innovations Why is Crypto Gaming Failing, and How to Fix It?

The mainstream opinion says that crypto will change gaming forever, and GameFi will bring a billion users to Web3. But the reality is harsher; still, there is no genuinely mainstream Web3 game where users come to play, not to make money, and stay for a while. Let’s break down why this is the case and how soon that will change.

28.03 / 05:15

markets UPS economy Continental Trade country shock Europe’s economy is under attack from all sides

arguing recently in The Economist that even more brutal tariffs might be “necessary". Lighthizer’s heavy blow The German Economic Institute, a think-tank, has calculated the possible impact. Imagine America applies 10% tariffs on its imports and punishes China with even higher tariffs.

27.03 / 22:13

Target Booking Manufacturing economy show track reports China's economy is on track for 'strong' March performance, survey says

BEIJING — China's economy is ending the first quarter on a «strong» note, according to a business survey published by the China Beige Book on Thursday.

27.03 / 19:31

UPS FIVE economy Sustainability wellness performer India can grow at close to 9% by undertaking pending reforms: Arvind Panagariya

Arvind Panagariya, chairman of the 16th Finance Commission, said on Wednesday. He said states must be persuaded to take up these reforms as India cannot grow faster if all states are not performing well. «Next reforms have to be done at the level of the states and we have to persuade half a dozen states to adopt some of these reforms,» Panagariya said at the Times Now Summit themed 'India Unstoppable'.

27.03 / 18:27

Provident Mobile economy trends show Features International Kia invests in new compact car even though the segment is shrinking as Americans buy SUVs and trucks

Kia is rolling out a revamped compact car in the U.S. even though sales of the small cars are dropping as the nation continues to favor SUVs and pickup trucks

27.03 / 16:11

Manufacturing economy WhatsApp Food trends show Govt initiatives, growing investment to create more job opportunities during decade: CEA

investment are going to create more job opportunities during the decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Tuesday. The last decade of the century was marked by a decline in capital formation in the economy and moderation in credit growth, he said at an event here. «Hopefully, those things are a thing of the past. Non food credit growth is now running close to 20 per cent, balance sheets of companies and banks are in good shape and hiring (is showing improvement),» he said. Quoting 2021-22 data, he said, employment in agriculture declined by 15 lakh, manufacturing and services added 37 lakh jobs each and the construction sector generated 19 lakh jobs, he said.

what you should know about economy

What is economy and why is it important?

Economy is a trending topic that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on economy?

All recent news about economy can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on economy?

We use verified data to ensure that the information about economy is well-supported and informative for our readers.