Economy Financial News

08.11 / 12:07

economy Department International International Monetary Fund warns Europe against prematurely declaring victory over inflation

The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth

08.11 / 11:57

Digital Platform economy TikTok reports prevention EU digital chief urges TikTok, X to increase clean-up efforts

Jourova, the EU commissioner responsible for the digital economy, met TikTok chief executive Shou Chew and X's head of global affairs, Nick Pickles, as the European Union investigates Big Tech's efforts to remove harmful content.

08.11 / 11:51

FIVE Booking Strategy economy Fitch Moodys reports As bad debts soar, Canadian banks eye asset sales to boost capital

By Nivedita Balu

08.11 / 11:51

Target economy Nov Patterson show country information Oil sputters near three-month lows as demand concerns mount

By Paul Carsten

08.11 / 11:51

Target economy Parke President show reports Fed speak ahead, Disney to report - what's moving markets

Investing.com -- U.S. futures hovered around the flatline on Wednesday, with comments from Federal Reserve officials tempering some investor optimism that has supported a prolonged rally on Wall Street. Markets will be closely listening to statements from Fed Chair Jerome Powell later today, as traders attempt to gauge the central bank's future rate path. Elsewhere, Walt Disney (NYSE:DIS) is due to report its latest quarterly earnings and Democrats secure key victories in off-year elections.

08.11 / 11:19

Cooper Fox economy President country reports Foreign investment China records lowest foreign investment on record, experts blame new laws for stifling much-needed growth

Josh Birenbaum, deputy director for the Center on Economic and Financial Power at the Foundation for Defense of Democracies, discusses why trading partners find it increasingly difficult to do business in and with Beijing.

08.11 / 11:09

Provident economy Yellow show performer country Gold demand to rise this festive season despite geopolitical uncertainties: Study

Gold is an efficient asset class that provides safety and acts as an efficient hedge against inflation. Hence it is better to invest in a portfolio that includes gold, says a study conducted by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd. The study indicates that demand for gold is likely to remain robust during the festive season, especially Diwali.

08.11 / 11:09

Provident economy Healthcare Closing Bell: Indian Indices sustains to close in green: Nifty holds 19,440, Sensex over 64,970; Bank Nifty sheds 79 points

The benchmark equity indices ended Wednesday’s trading session in positive territory. The gains were led by midcap and smallcap stocks. The NSE Nifty 50 added 36.80 points or 0.03% to settle at 19,443.50, while the BSE Sensex gained 33.21 points to 64,975.61, whereas the banknifty ended down by 79.25 points or 0.18% at Rs 43,658.65.

08.11 / 10:27

Target FIVE economy pandemic consolidation India to stick to fiscal deficit target and consolidation path: S&P Global

fiscal deficit target and the consolidation path till fiscal year 2026, despite the extension of the free foodgrain scheme announcement and the possibility of more such expenditure initiatives as India heads towards general elections next year, S&P researchers said Wednesday. “More expenditure initiatives are possible as we move through this election cycle. In the very near term, these could be supportive of consumption, but they are unlikely to have a major impact on medium-term finances,” said Andrew Wood, Director, Asia Pacific Sovereign Ratings.

08.11 / 10:13

Target FIVE Action Fighting economy country Congress wants to complain to EC over free ration scheme extension, let them commit this 'sin': PM Modi

Narendra Modi on Wednesday said Congress leaders have been saying they will complain to the Election Commission over his promise of extending for five years the free ration scheme for the poor people. «Let them commit this sin, I will continue to do good work for the people,» he said addressing a public meeting in Madhya Pradesh's Damoh town ahead of the November 17 state assembly polls.

08.11 / 10:13

FIVE Digital CEO economy innovations reports ET 30 Future Unicorns of Delhi-NCR report launched at the ET Soonicorns Summit 2023: The next league of disruptors, innovators and category creators forging sustainable growth

ET 30 Future Unicorns of Delhi-NCR report. Eminent keynote speakers Jeet Vijay, CEO of MEITY Startup Hub and Geetika Dayal, Executive Director of TIE Delhi-NCR, were joined by ET Editors Samidha Sharma, Editor — ET Startups and Tech and Miloni Bhatt, Editor — Digital Broadcast, Economictimes.com, as they took the stage to unveil the report.

08.11 / 10:06

Action Strategy economy Coherent President country Will America pull the plug on Israel’s invasion of Gaza?

fire. But administration officials have made clear, in a series of leaks, that they doubt Israel has a coherent exit strategy in Gaza. They complain that Mr Netanyahu is barely willing to discuss the topic, and say they want to put their concerns on the record now lest the war end badly.

08.11 / 09:35

Target Manufacturing economy band concert information Can Indian market's strong run continue? Here's what Morgan Stanley predicts

RBI’s target band in July and August on account of higher food prices, which raised investor concern about whether RBI would have to hike rate again to bring inflation back under control. However, the vegetable prices that spiked and led to this acceleration in inflation were of a short-duration nature and their prices have since reversed. Over the coming quarters, MS India economist, Upasana Chachra, expects that headline inflation will remain within the target range.

08.11 / 09:19

Reuters Action economy reports Reaction to Reuters report on Ping An, Country Garden

(Reuters) — Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property developer, four people familiar with the plan told Reuters.

08.11 / 09:19

Target Racing economy Tesla show China car sales rise almost 10% yr/yr in Oct, third month of gains

BEIJING/SHANGHAI (Reuters) — China's passenger vehicle sales jumped 9.9% in October from a year earlier, the China Passenger Car Association (CPCA) said on Wednesday, extending gains to a third month as carmakers raced to meet sales goals in the world's top auto market.

08.11 / 08:43

Provident Booking economy WhatsApp Experts performer Diwali 2023: Nifty 50 may see healthy gains in Samvat 2080. Which sectors should you bet on?

General Elections, inflation and interest rate trajectory are the key risks. "Any possible mandate from the forthcoming General Election, which leads to political instability or any possible spike in global oil prices (due to strong recovery in global economic growth) significantly beyond $120 a barrel will lead to Sensex falling below 55,000. These are two key risk factors for the domestic market in the next one year," said G.

08.11 / 08:35

CEO Platform economy pandemic stage KKR KKR hires RBC to pilot Queensland Airports bid; flyers out

Only sunscreen and XXXX Gold in Christmas presents this year for KKR dealmakers, who are about to spend their summer doing due diligence in Queensland.

08.11 / 08:35

Provident BLOCK economy Deloitte social 2020 reports Financial Customers How CBA is using AI to shield female customers from financial abuse

Commonwealth Bank is blocking 400,000 abusive messages each year being sent to vulnerable female customers with a tiny payment attached – a form of coercive control by men that can be a precursor to domestic violence.

08.11 / 08:07

economy Experts show country cover reports Low Why low unemployment rate hides the full picture

YouGov-Mint-CPR Millennial Survey held in June, nearly 40% Indians felt the country was doing worse than China on creating jobs, even as they voted favourably for governance and economic growth. In terms of economic growth, India is in a sweet spot, with its biggest Asian rival, China, slowing down and the benefits of demographic dividend potentially attracting more investments in the country.

08.11 / 07:25

Provident Digital Cooper Extreme economy country electronic India, Malaysia looking at reviewing 2011 trade pact, says Malaysian Foreign Minister Kadir

India and Malaysia are firming up a framework for conducting trade in national currencies and initiating a process to review the 12-year-old comprehensive economic cooperation agreement to include new domains and items, Malaysian Foreign Minister Zambry Abdul Kadir said. At the end of a three-day visit to India, Kadir told PTI that both sides are keen to expand trade engagement in new and emerging areas such as electronics, semiconductors, fintech, renewable energy, new technology and startups.

08.11 / 07:03

economy President show country reports Asia FX muted, dollar rebound holds with more Fed cues on tap

Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several Federal Reserve officials warned against betting that the central bank was done with its interest rate hikes.

frequently asked questions 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 highlighted block. 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.