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ECONOMIC SPUTTERS
Recession fears grip U.S., Europe as Iran war sends shockwaves across global markets. What to knowIran war with U.S. and Israel has threatened to disrupt the global economy with fears of inflation and possible recession are setting in Am...
US job openings rise to a better-than-expected 7 million despite sluggish labor marketIn January, American job openings surged to nearly 7 million, yet the actual pace of hiring has noticeably dwindled. This paradox points to...
Urban middle class 'shrinking', when will PM recognise this reality: CongressCongress leader Jairam Ramesh highlighted India's economic struggles, citing declining household savings, a cyclical downturn impacting cor...
More worries for China, sales at big e-commerce festival drop for first timeThis year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended o...
Global trade growth poised for third-quarter rebound, WTO saysGlobal trade volumes will grow at a “moderate pace” in the third quarter of the year, continuing the uptick from the prior period after two...
Oil set to snap 7-week winning streak on China woes, Fed rate outlookOn Thursday, the U.S. Labor Department reported the number of Americans filing new claims for jobless benefits fell in the last week, sugge...
Yuan falls to lowest since November as Chinese economy sputtersThe currency has now tumbled about 5% this year, the worst performer in Asia after the yen.
Alibaba's quarterly revenue beats even as China's economic recovery sputtersIn the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...
Oil sputters as economic woes outweigh US drilling slowdownWest Texas Intermediate crude eked out a 0.5 per cent gain for the week.
‘Death of oil demand has been greatly exaggerated’Even as US oil production started to slide in the second half of 2015, the downside risks to oil prices continued to dominate.
Growth outlook bleak for India, to report weak earnings in first half of fiscal 2015: Jim WalkerWalker said, “There will be more weakness in economic growth data as the private sector deleverages and balance sheets are repaired."
- Hong Kong ranked top financial centre for second year by World Economic Forum
Hong Kong was named the world's top financial centre for the second year running by the World Economic Forum (WEF), thanks to the strength ...
- Cairn India slips over 5% on drop in crude oil prices
Cairn India Ltd slipped over 5 percent on Monday extending its fall after Brent crude prices fell below $98 a barrel to a 16-month low.
- Global economy on the verge of a precipice
World Inc is wobbling & results are awash with warnings. In India, a positive GDP forecast gets clouded by slipping monsoon.
- Crude oil futures down 0.67 pc on Asian cues
Crude oil prices fell by 0.67 per cent to Rs 4,476 per barrel in futures trade today as speculators reduced their positions taking cues fro...
- OPEC sees sluggish global growth
OPEC is seeing evidence of sluggish economic growth reflected in the demand for petroleum, and views weakness likely to persist into 2011, ...
- Emerging economies can expand without growth in US, EU: Montek
Emerging economies can expand at a "reasonable pace" in the next four to five years even if growth in developed nations is moderate, Planni...