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2 mins read
The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says
"Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of lev…
Aruni Soni
2 mins read
China released a 22,000-character plan for its economy that doesn't say very much
David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…
Huileng Tan
2 mins read
Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy
Beijing framed China's second-half growth positively but acknowledged "insufficient" domestic deman…
Huileng Tan
1 min read
Economic Survey pegs growth at 6.5-7%; solidifying India's strong macroeconomic fundamentals: CBRE
Inflation is anticipated to moderate around 4.5 per cent and it reflects a 'well-balanced' economic…
PTI
3 mins read
FM Nirmala Sitharaman tables Economic Survey 2023-24 in Lok Sabha
Union Finance Minister Nirmala Sitharaman on Tuesday tabled the Economic Survey 2023-2024 in the Lo…
ANI
3 mins read
Young families are still fleeing major cities in huge numbers, a 'big surprise' for metros trying to escape the urban doom loop
Cities are continuing to lose families with young kids at alarming rates post-pandemic. Many of the…
Eliza Relman
2 mins read
China's GDP rose 5.3% in the first quarter, but it doesn't mean the economic pain is over
March retail sales and industrial output fell short of forecasts. First-quarter new home sales slum…
Huileng Tan
7 mins read
America is on the brink of an unemployment fiasco
The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …
Neil Dutta
3 mins read
China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP
China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…
PTI
9 mins read
Japan's historic economic comeback shows just how screwed China is right now
China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get ev…
Linette Lopez
3 mins read
The US economy added more jobs than expected last month as unemployment surprisingly rose
The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedl…
Madison Hoff
2 mins read
"India's economic growth will be shining exception" FM Nirmala Sitharaman presents Union Budget 2024-25
Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 as the cabinet gave approval…
ANI
3 mins read
The most immediate threat to China's economy isn't external. It's internal.
On Monday, Beijing released new data that underscores the scale of China's domestic consumption pro…
Huileng Tan
3 mins read
Bad news for coders: The US is past peak software developer
The strong demand for software developers has softened, so it could take more time to land this typ…
Madison Hoff
2 mins read
Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza
618 is seen as a key indicator of China's general retail temperature — and early results were…
Shubhangi Goel
3 mins read
China's economic turmoil won't stop its manufacturing dominance
The flight of foreign investment poses a risk to China's dominance, but trade rivals like Mexico an…
Phil Rosen
7 mins read
America's plan to fix its economy is going to screw over the rest of the world
There's a growing gap between America's interest rates and the rest of the world. That's going to c…
Linette Lopez
2 mins read
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
2 mins read
The US Treasury will reportedly send officials to China to smooth out economic tensions between the superpowers
The two days of talks will cover a range of market and business practices that have caused friction…
Yuheng Zhan
1 min read
The stock market could still face a 10% correction even as the Fed nails a perfect 'no landing' economic recovery, market vet says
"The US economy is still flying high. That's because consumers didn't get the recession memo," Ed Y…