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13.01 / 10:25

markets UPS Citi Man economy President Indonesia's president visits Vietnam's EV maker Vinfast and says conditions ready for a car plant

Indonesian President Joko Widodo has visited Vietnamese automaker VinFast’s factory and said that he would create the necessary conditions for the multinational to be able to build a plant and invest in Indonesia quickly

13.01 / 10:25

markets DOW JPMorgan economy UnitedHealth reports week Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11

13.01 / 10:25

COST UPS economy track reports Department Wholesale inflation in US declined last month, signaling that price pressures are still easing

U.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing

13.01 / 06:27

economy Experts country social folk rights A guide to the Chinese Communist Party’s economic jargon

A new Communist Party slogan was born on January 9th. The phrase, which appeared on the front page of the People’s Daily, a party mouthpiece, defies easy interpretation. A loose translation might read “nine issues that must be grasped".

13.01 / 04:41

FIVE economy wellness performer country Equality International India could be the third-largest economy soon, but what about GDP per head?

India will become the third largest economy in FY28, finance minister Nirmala Sitharaman said at the recent Vibrant Gujarat summit. This is the view of the International Monetary Fund as well, and is a good thing, but it won’t by itself bring major improvements to the quality of life of the average Indian. Unless India can achieve double-digit growth for a decade or more, GDP per capita will remain low, not just relative to that of larger economies, but to those of middle-income countries as well.

13.01 / 03:57

economy Election President testing Department rights peace Blinken discusses human rights, Taiwan Strait with Chinese official

U.S. Secretary of State Antony Blinken on Friday raised concerns over China's human rights issues in a meeting with senior Chinese official Liu Jianchao in Washington, the State Department said, adding they also discussed «maintaining peace and stability» in the Taiwan Strait. WHY IT IS IMPORTANT

13.01 / 03:57

markets UPS economy Matthews performer reports week Wall Street Week Ahead: Red Sea tensions put focus on struggling U.S. energy stocks

struggling group. The energy sector has slumped nearly 3% since late October, a period during which the S&P 500 has surged 16%. The benchmark index rose 24% for all of 2023, while energy fell 4.8%, the second-largest drop last year among S&P 500 sectors. The sector's struggles have continued even as other economically sensitive groups such as banks and small-cap stocks have benefited from investors' growing belief that the economy will be able to navigate a «soft landing» where growth remains stable while inflation subsides. One key reason for the sector's underperformance has been a sharp downturn in oil prices.

13.01 / 03:05

Progressive economy Election President War peace 2024 stake Taiwan Elections 2024: Who's contesting, what's at stake, and what China says? Explained

Taiwan, with over nineteen million people, of which one million are first-time voters, registered to cast their ballots across almost 18,000 polling stations in the island country. The voters will receive three ballots -- a presidential ballot, a regional or aboriginal legislator ballot, and a ballot for a political party that will determine legislator-at-large seats. Taiwanese voters will be choosing a successor to Tsai Ing-wen, the nation's first female president, who cannot seek re-election due to term limits after winning in 2016 and 2020.

13.01 / 02:07

markets UPS economy Experts show country inclusion Rupee at a four-month high, outperforms Asian currencies

rupee closed at its strongest level in four months on Friday, kicking off 2024 as an outperformer among Asia-Pacific currencies, as US dollar flows have poured in ahead of India's inclusion in global bond indices, while an optimistic view on GDP growth burnishes the country's appeal. So far in January, the rupee has gained 0.4%, with the currency closing at 82.92/$1 on Friday, its strongest closing level since September 12, 2023, Bloomberg data showed. The rupee, which closed at 83.03/$1 on Thursday, weakened 0.6% in 2023 on a closing basis.

13.01 / 02:07

Racing economy Election President War peace stake What's at stake in Taiwan's elections? China says it could be a choice between peace and war

Taiwan is holding a presidential election on Saturday that neighboring China has warned could mean the difference between peace and war on the island, which Beijing claims as its territory even though Taiwan has governed itself for nearly three-quarters of a century. The election is believed to be a close race between the candidate of the incumbent party that Beijing has described as independence-minded and the candidate of the main opposition party, which is seen as standing for warmer ties with the mainland.

13.01 / 00:27

Citi Manufacturing economy Election President hospital reports Biden confident in Pentagon's Austin despite judgment lapse

By Nandita Bose and Trevor Hunnicutt

12.01 / 22:09

markets UPS economy Matthews performer reports Red Sea tensions put focus on struggling U.S. energy stocks

By Lewis Krauskopf

12.01 / 17:53

markets Citi JPMorgan economy wellness Healthcare reports Flagging loan margins, one-off charges drag down profit at major US banks

WASHINGTON (Reuters) -Major U.S. banks reported lower profit on Friday in a choppy fourth quarter clouded by special charges and job cuts, with signs an income boost from high interest rates is waning and some consumer loans are starting to sour.

12.01 / 17:24

UPS Manufacturing economy wellness pandemic Trade Deflation: Here’s where prices fell in December 2023, in one chart

As inflation continues to throttle back across the broad U.S. economy, some consumer categories have sunk into outright deflation.

12.01 / 17:07

markets UPS JPMorgan economy Citigroup wellness JPMorgan posts record net interest income

JPMorgan Chase & Co. closed out the most profitable year in US banking history with its seventh consecutive quarter of record net interest income and a surprise forecast that the windfall may continue this year.

12.01 / 16:31

Waters Strategy economy Sustainability Universities social Colleges Carbon emissions, a significant concern: Businesses increasingly acknowledging the necessity of ESG, says Bengal Environment Minister

Carbon emissions pose a significant concern and businesses are increasingly acknowledging the necessity of sustainability under the umbrella ‘Environmental, social and governance’ (ESG), West Bengal Environment Minister Mohd Ghulam Rabbani said. «We are entering an era where carbon emissions pose a significant concern. Businesses are increasingly acknowledging the imperative of sustainability, under the umbrella term ESG.

12.01 / 16:27

markets UPS economy awards Trade reports Features 2024 week Mint's Best of the Week | 2024 opened with a bang! But hold onto your seats.

Mint Banking and Financial Services and Insurance (BFSI) Summit and Awards. The event saw top business leaders across the BFSI spheres congregate in Mumbai. Shaktikanta Das, the governor of the Reserve Bank of India, delivered the keynote address.

12.01 / 15:25

markets JPMorgan economy Healthcare Trade cover 2024 JPMorgan 2024 net interest income forecast tops estimates

Investing.com — JPMorgan Chase (NYSE:JPM) has unveiled a forecast for annual net interest income that topped analyst estimates, while higher interest rates lifted profits to record levels in 2023.

12.01 / 15:25

markets UPS Apple economy Sustainability performer country Microsoft Tops Apple as World's Largest Company: Is the Leadership Sustainable?

In a seismic shift in the tech industry, Microsoft (NASDAQ:MSFT) briefly dethroned Apple (NASDAQ:AAPL) as the world's most valuable company yesterday, boasting a market cap of $2.888 trillion against $2.887 trillion for the Cupertino, California-based behemoth.

12.01 / 15:03

COST Action economy wellness performer reports Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

In this article

12.01 / 14:59

Target economy Deloitte Food show country cover India's GDP likely to grow by 6.9-7.2 per cent in FY'24: Deloitte

₹568 billion which is equivalent to over 10 months of import cover. At present inflation stands at 5 per cent which is albeit high as per the reserve Bank of India's target range, but much lower than what it used to be a decade back, it added.

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