Economy Financial News

22.02 / 04:43

markets economy Nikkei wellness Trade performer record high Nikkei parties like it's 1989; scales record high

By Ankur Banerjee and Rae Wee

22.02 / 03:11

markets Target FIVE Manufacturing economy Election electronic 'Volatility expected to stay high in Indian stock market ahead of elections 2024'

₹11.11 lakh crore in FY25). Since 2014, the Government of India has accorded significant importance to infrastructural and developmental initiatives. The same is evident in sectors like cement, which have experienced steady growth over the past 5–6 years.

22.02 / 03:11

COST UPS Waves economy reports rights Thank the productivity paradox: AI isn’t the job killer it’s feared to be

Artificial intelligence (AI) image generators are still struggling with getting human fingers right. They are not taking away human jobs anytime soon. If that does not settle doomsday prophesies, let us discuss it logically.

22.02 / 02:11

markets Citi Provident Manufacturing economy Trade show Dollar rangebound, an array of PMI data awaited

By Rae Wee

21.02 / 23:28

markets UPS CEO Airlines economy community Productivity surge helps explain US economy's surprising resilience

Across the United States, chronic worker shortages have led many companies to invest in machines to do some of the work they can’t find people to do

21.02 / 23:28

markets UPS Provident CEO Software economy 2020 Robots and happy workers: Productivity surge helps explain US economy's surprising resilience

Across the United States, chronic worker shortages have led many companies to invest in machines to do some of the work they can’t find people to do

21.02 / 23:28

UPS economy pandemic Trade country reports Japan's exports surged nearly 12% in January in 2nd straight month of gains

Japan has reported its exports surged nearly 12% in January, helped by robust demand for vehicles, auto parts and machinery

21.02 / 23:27

Action security economy SPY President country prevention Biden is boosting cybersecurity at US ports, where online attacks can be more ravaging than storms

President Joe Biden has signed an executive order and created a federal rule aimed at better securing the nation’s ports from potential cyberattacks

21.02 / 23:27

COST Target Progressive economy Sustainability trends reports Federal Reserve minutes: Officials worried that progress on inflation could stall in coming months

Federal Reserve officials acknowledged at their most recent meeting in January that there had been “significant progress” in reducing inflation

21.02 / 23:27

UPS BLOCK Waters economy reports shock Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast

The German government says Europe’s largest economy is in “troubled waters.”

21.02 / 22:03

COST Target Progressive economy Sustainability show Fed officials raised concerns about cutting rates too soon, minutes show

Circle Squared Alternative Investments founder Jeff Sica discusses whether the Fed will cut interest rates in 2024 on 'Varney & Co.'

21.02 / 20:39

markets Provident economy War information reports Updates Oil prices settle higher as investors await further clues on demand

Investing.com-- Oil prices settled higher Wednesday as investors awaited further catalysts including a flurry of economic data and an update on U.S. crude inventories due later this week after the Federal Reserve's minutes from its January meeting reinforced expectations for higher for longer rates.

21.02 / 19:17

markets Target economy Sustainability wellness show reports Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show

WASHINGTON – Federal Reserve officials indicated at their last meeting that they were in no hurry to cut interest rates and expressed both optimism and caution on inflation, according to minutes from the session released Wednesday.

21.02 / 17:01

markets UPS economy Trade country prevention Column-Japan's FX intervention bark will lack bite: McGeever

By Jamie McGeever

21.02 / 14:25

Target CEO economy Research track audience International Indian advertisers to adopt a new consumer classification system

Raymond Lifestyle, India and international, and chairman of The Indian Society of Advertisers, said, “The economy is developing at a rapid pace. At such a pace it is even more important for us as advertisers to understand our consumers and their behaviour.

21.02 / 14:01

markets COST UPS economy country reports International World Bank warns emerging economies need to grow 'much faster' to repay debt

World Bank warned that high borrowing costs have «changed dramatically» the need for developing nations to boost sluggish economic growth. The multilateral lender's latest warning comes as international bond sales from emerging market governments hit an all-time record of $47 billion in January, led by less risky emerging economies such as Saudi Arabia, Mexico and Romania.

21.02 / 13:27

Citi economy Remark Experts reports recommendations Courts NOT Tamil Nadu to SC: Vedanta’s Sterlite Copper not a national asset

NEW DELHI : The Tamil Nadu government told the Supreme Court that Vedanta Ltd’s Sterlite Copper plant should not be considered a national asset or deemed necessary to reopen to fulfill the country’s copper demand. The state instead pointed to Adani Group’s forthcoming copper smelter plant in Gujarat as capable of fulfilling India’s copper demand. Since the Sterlite Copper plant in Tamil Nadu’s Thoothukudi city was shut in 2018 following violent protests, India has transitioned from being a net exporter to a net importer of copper.

21.02 / 11:45

Provident FIVE Strategy economy fun Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy

According to a letter to shareholders seen by Investment Week, the fund's assets have more than halved over the past five years due to outflows, making the fund «uneconomic» to operate. The proposed merger, which was approved by shareholders last week, would provide «enhanced economies of scale» to the Japan fund, which is managed by Min Zeng. The Japan fund invests in Japanese companies of all sizes, while the Japan Smaller Companies strategy focuses on small to mid-cap Japanese companies. Fidelity hires veteran manger duo following Jeremy Podger's retirement Fidelity Japan fun...

21.02 / 10:27

markets Provident economy Opinion trends voice Mint's AI-powered leap: Redefining user engagement on Budget Day

witnessing a five-fold spike in time spent on Budget day compared to regular days. Top queries included insights into the government's aspirations, macroeconomic factors influencing market trends, the impact of schemes like Saksham Anganwadi and Poshan 2.0, and distinctions between the Interim Budget 2024 and the Union Budget 2023. Beyond Budget-centric topics, the newly launched chatbot also delves into a wide array of subjects, including the economy, markets, companies, and personal finance, experiencing a consistent uptick in daily user engagement.

21.02 / 10:11

Target economy trends consequences reports Updates UBS now sees Fed starting to cut rates in June

UBS has updated its predictions for when the Federal Reserve will start cutting interest rates, moving the expected timing from May to June. Consequently, the broker now projects a total reduction of 75 basis points (bps) in interest rates for 2024, a decrease from its earlier estimate of 100 bps.

21.02 / 09:31

economy love social travelers Videos cricket Sporting Sachin Tendulkar takes economy class flight. Watch how other passengers reacted

Sachin Tendulkar enjoys widespread adoration globally, often greeted by the iconic 'Sachin Sachin' chants wherever he ventures. In a viral video circulating on social media, Sachin was cheered by fellow passengers on a flight, evoking a visibly emotional response from the cricket legend. He graciously acknowledged the ovation by folding his hands and greeting his fellow travelers, showcasing his enduring popularity even post-retirement. Many of Tendulkar's fans reacted to the post, praising the cricketer. «Every middle class can relate with the great Sachin Tendulkar,» said an user.

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