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Chipmakers tumble as ASML forecast cut issues a growth warning to the sector
Chip stocks fell Tuesday. ASML slashed its guidance for 2025, and the sector mulled reports of more…
Kelly Cloonan
S&P Global Market raised growth forecast of China, still significantly lower than India
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…
ANI
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…
Theron Mohamed
India's manufacturing sector growth falls to 11-month low of 56.5 in Nov on price pressures
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …
PTI
Indian economy is resilient despite Q2 challenges, says CEA Nageswaran
India's Chief Economic Advisor, V Anantha Nageswaran, expressed optimism about India's economic out…
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.
Huileng Tan
Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy
Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, clo…
Kelly Cloonan
'Time is running out' for China to hit its growth targets, economist says
With no clear sign of a stronger growth stimulus, China likely won't reach its 5% annual growth tar…
Kelly Cloonan
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…
ANI
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%
The OECD report projects stable economic growth for emerging G20 economies, including India. India'…
Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
Europe could face a 0.5% hit to GDP in a second Trump presidency amid increased trade policy uncert…
Kelly Cloonan
CHART OF THE DAY: Growth forecasts for the US and China are increasingly diverging
Annual real GDP growth for the US in 2023 is expected to be nearly 2.5%, which is more than quadrup…
Matthew Fox
Fitch raises global growth forecast on improved near-term prospects
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…
ANI
China's explosive export growth could make trade tensions with America even worse
China's exports beat estimates in May, showcasing the country's growing dependence on foreign buyer…
Filip De Mott
China's muted response to the Russia-North Korea alliance could come at a cost
China's response to reports of North Korea sending soldiers to Russia could undercut its efforts to…
Hannah Abraham
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for g…