The International Monetary Fund updated its 2024 growth prediction for the economies of developing Asia, citing dangers from China's worsening property sector crisis while maintaining its bullish outlook for India.   It has upgraded its October prediction by 0.4 percentage points to 5.2%...

Giants in the consumer goods industry may experience a slowdown in their robust profit recovery if cautious consumer spending offsets softening input costs following several quarters of sharp inflation, even as product prices begin to fall.   Customers who had originally splurged and endured...

The next major difficulty for the export-oriented nations of central Europe Germany, still licking their wounds from some of the greatest inflation rises in history following the COVID-19 pandemic, is the sick status of the economy.   Following the fall of communism, the region benefited...

Investors poured money back into high-end luxury shares, increasing their market value by almost $70 billion as LVMH's most recent sales numbers gave them confidence that the industry would weather economic challenges, especially in China.   The shopping frenzy contributed to partially...

As a result of weak domestic and international demand, profits at China's industrial companies dropped 2.3% in 2023—their second consecutive year of decrease. This put more pressure on economic development in the face of a severe real estate crisis and deflationary threats.   According to...

According to the Financial Times, Beijing has imposed limitations on investors' access to overseas assets in an effort to halt capital flight. It has been noted that the authorities have limited retail investors' access to funds that purchase foreign equities. "The government's Qualified Domestic...

Many shipments of US-based LNG exporters have been canceled over the past week, according to S&P Global, which cited sources. In addition to causing significant disruptions to the operations of several LNG terminals in the United States, frosty weather also sharply increased domestic gas demand and...

Earlier this week four American banks issued warnings about reduced interest revenue for this year, concluding a week of gloomy statements from the sector, which has been put under strain by high deposit costs.   Following almost a year of substantial earnings due to the high interest...

After months of discussion about whether Europe's traditional powerhouse had turned into the "sick man of Europe," Germany's finance minister on Friday put up a fresh analogy for his nation's struggling economy.   “I know what some of you are thinking, Germany probably is a sick man. Germany...