Washington "looks forward to working with India on an investment platform that will lower the cost of capital and increase private investment to accelerate India's clean energy transition," US Treasury head Janet Yellen stated. A deal between India and the US for a system of global minimum taxes is...

S&P Global Market Intelligence, a media holding firm, reports that businesses are concerned about rising inflation and high interest rates. Since 2010, a record number of American businesses have declared bankruptcy, with the consumer sector seeing the majority of these filings, shows data from the...

Some nations may decide to diversify their supply chains beyond China as a result of China's restrictions on the export of germanium and gallium as metals.   “This could be a wake-up call for some [countries] to gradually build up production elsewhere,” Stewart Randall of Shanghai-based...

According to the OECD, more than a quarter of employment in the region depend on abilities that the impending artificial intelligence revolution might readily automate, and people worry that AI would replace them with robots.   There are 38 members of the Organisation for Economic...

The Times of India write that Vedanta has added new partners and is still dedicated to the project. According to the Times of India, Taiwan's Foxconn has withdrawn from a joint venture with Indian company Vedanta to develop semiconductors valued at close to $20 billion. The joint venture is now...

The amount invested grew by 55.2% from 2021. According to a study by the Economic Commission for Latin America and the Caribbean (ECLAC) released on Monday, foreign direct investment in Latin America and the Caribbean increased by 55.2% in 2022 to a record $224.58 billion. Foreign direct...

According to data source HFR, global hedge funds saw gains of 2.2% in June as artificial intelligence-related stocks rose and the banking crisis subsided.   Hedge funds increased their investors' wealth by 3.45% in the first half of the year.   "Hedge funds surged in June, led by...

According to two banking sources familiar with the situation on Monday, South Korea's financial services regulator has requested major commercial banks to set aside $4 billion in financing to help a credit cooperative that has been affected by customer withdrawals.   The Financial Services...

Consumer prices fell 0.2% on the month in June, shocking analysts on the downside and leaving the annual CPI at zero. The annual fall in producer prices of 5.4% was the worst since late 2015.   This suggests there is a lot of room to further relax monetary and fiscal policy, on the surface....