Debdutta Ghosh
Economics
May Sees A Pickup In US Corporate Activity And An Increase In Pricing Pressure
Although May saw the fastest growth in U.S. business activity in just over two years, manufacturers reported a spike in input costs, indicating that products inflation may increase in the
Published on May 23, 2024
By Debdutta Ghosh
Economics
Kishida Of Japan Publicly Advocates For Reformation To The Capital Market
At a speech to hundreds of international investors in Tokyo on Wednesday, Japanese Prime Minister Fumio Kishida publicly pushed for further capital market changes and emphasised asset management. His attendance
Published on May 22, 2024
By Debdutta Ghosh
Economics
Cryptocurrencies Rise As Investors Get More Bullish About Ether ETFs
Amid concerns over the outcome of applications for U.S. spot exchange-traded funds that track the second-biggest cryptocurrency globally, ether was poised for its best two-day rise in almost two years
Published on May 22, 2024
By Debdutta Ghosh
Business & Finance
Foxconn, Apple’s Largest Contract Manufacturer, Asked To Curtail Power Usage By Vietnam: Reports
According to two people with knowledge of the situation, Foxconn, an Apple supplier, has been urged by Vietnamese authorities to voluntarily cut power use at its assembly factories in the
Published on May 21, 2024
By Debdutta Ghosh
Business & Finance
US Investigation Finds BMW, And Jaguar Utilised Prohibited China Parts
According to a US congressional study, thousands of Mini Coopers were smuggled into the US using parts from a Chinese company that has been blacklisted. The parts were utilised by
Published on May 21, 2024
By Debdutta Ghosh
Business & Finance
Tesla Is Repairing Damage And Offering Discounts To Fleet Purchasers In Europe
Tesla is making an effort to win over certain leasing businesses in Europe after the carmaker’s costly repairs and frequent reductions in retail prices destroyed the value of their fleets
Published on May 20, 2024
By Debdutta Ghosh
Economics
China’s Efforts To Support Property Market Are Disappointing
On Monday, investors expressed concern that China’s “historic” efforts to stabilise its property market were insufficient to promote a long-term increase in demand and trust, which caused shares of Chinese
Published on May 20, 2024
By Debdutta Ghosh
Economics
Cryptocurrency Venture Capital Financing Has Reached $2.4 Billion, According To Pitchbook
According to Pitchbook statistics, investment in cryptocurrency startups increased for a second consecutive quarter to $2.4 billion in the first three months of 2024 as investor hunger was piqued by
Published on May 20, 2024
By Debdutta Ghosh
Economics
Metals And Equities Rise As Prospects Of A Rate Cut Solidify
Asian stocks reached two-year highs on Monday, while records were set for copper and gold as investors bet on impending interest rate cuts and China ramping up measures to stabilise
Published on May 20, 2024
By Debdutta Ghosh
Science & Technology
Microsoft And British Grocery Store Sainsbury’s Collaborate To Employ AI For Data Analytics
Sainsbury’s, a British grocery chain, announced on Friday that it and Microsoft had reached a five-year strategic agreement. The relationship would use Microsoft’s artificial intelligence skills and the retail group’s
Published on May 18, 2024
By Debdutta Ghosh
Management
US And TikTok Want A Quick Timeline With A Decision On A Possible Ban By December 6
A U.S. appeals court was requested by the U.S. Justice Department and TikTok on Friday to expedite the review of the legal objections to a recently enacted statute that requires
Published on May 18, 2024
By Debdutta Ghosh
Economics
Study Reveals An Increasing Number Of Illnesses Are Caused By Obesity And Excess Blood Sugar
A significant multinational research published on Thursday revealed that, compared to 2000, metabolic problems such as obesity, high blood sugar, high blood pressure, and other metabolic disorders cause over 50%
Published on May 17, 2024
By Debdutta Ghosh
Economics
Hopes For A Rate Cut And Weak Us Economic Data Drive Inflows Into Global Equities Funds
In the seven days leading up to May 15, demand for global equities funds was robust for the third straight week. This demand was supported by a less positive U.S.
Published on May 17, 2024
By Debdutta Ghosh
Economics
China Promises To Boost The Suffering Real Estate Industry With A Number Of Measures Totaling $42 Billion
In an attempt to assist developers gain additional cash to finish work on pre-sold residences, Chinese officials on Friday announced fresh backing for state-owned firms to allow them to buy
Published on May 17, 2024
By Debdutta Ghosh
Economics
Vietnam’s Imports From China Surge As The US Raises Tariffs On The Country
Data indicate that as the US steps up measures to curb trade with China by raising tariffs, it has significantly increased imports from Vietnam, a country that mostly exports goods
Published on May 16, 2024
By Debdutta Ghosh
Economics
Plans For Rate Increases By BOJ Are Clouded By Japan’s Economic Downturn
The weak yen continues to hurt consumers, causing Japan’s economy to contract more quickly than anticipated in the first quarter and complicating the central bank’s efforts to raise interest rates
Published on May 16, 2024
By Debdutta Ghosh
Economics
China Mocks The Latest US Tariffs – ‘What Doesn’t Kill You Makes You Stronger’
China’s calm reaction to the United States’ decision to increase duties on $18 billion worth of Chinese imports, ranging from batteries to needles, indicates that rather than a new trade
Published on May 15, 2024
By Debdutta Ghosh
Business & Finance
Meme Stocks, Whether You Like Them Or Not, Are Back
Meme stocks are surging once more, thrilling supporters, annoying critics, and demonstrating to Wall Street that the social media powerhouse responsible for the incredible 2021 GameStop rise is still going
Published on May 15, 2024
By Debdutta Ghosh
Economics
US Firms’ Earnings Delight Is Dented By The Dollar’s Relentless Rise
An issue that many American businesses were not prepared to deal with this year is the strengthening dollar. A lot of market players thought that the dollar would weaken due
Published on May 10, 2024
By Debdutta Ghosh
Economics
US Is Planning To Apply Tariffs On Chinese Electric Cars – Reports
U.S. President Joe Biden is expected to impose fresh tariffs on China as early as next week, aimed at critical industries including electric vehicles, according to reports quoting sources. One
Published on May 10, 2024
By Debdutta Ghosh
Business & Finance
India Intensifies Its Scrutiny Of Spices By Examining All Producers Nationally.
As international authorities look into contamination concerns with two well-known local brands, India’s food safety agency said on Thursday that it has ordered nationwide testing and inspections at all enterprises
Published on May 2, 2024
By Debdutta Ghosh
Economics
US Fed Maintains Rates Steady, Citing ‘Lack Of Additional Progress’ On Inflation
The United States Federal Reserve maintained interest rates unchanged on Wednesday and signalled that it is still leaning towards eventually lowering borrowing costs, but it raised a warning flag over
Published on May 2, 2024
By Debdutta Ghosh
Economics
Consumer Spending And Investment Support French First-Quarter Growth
The French economy accelerated in the first quarter, increasing somewhat faster than predicted due to an increase in consumer spending and company investment, according to official figures released on Tuesday.
Published on April 30, 2024
By Debdutta Ghosh
Economics
China’s Manufacturing And Service Activity Declines In April, Reducing The Pace Of The Economy
Growth in China’s manufacturing and services sectors slowed in April, according to government surveys released on Tuesday, indicating a loss of momentum for the world’s second-largest economy at the start
Published on April 30, 2024
By Debdutta Ghosh
Economics
Market For Digital Ads Is Now Recovering, Emerging From The “Dark Days” Of 2022
Advertising is really back. Following a harsh 2022 in which brands curtailed expenditure to offset inflation, and a cost-cutting and layoff-filled 2023, the leading digital advertising businesses have resumed growth
Published on April 28, 2024
By Debdutta Ghosh
Economics
Global Debt Levels Highest Since The Napoleonic Wars, Says WEF President
The president of the World Economic Forum, Borge Brende, provided a dire assessment of the state of the world economy, stating that if the proper policies are not implemented, the
Published on April 28, 2024
By Debdutta Ghosh
Economics
With Banks Retreating, Chinese Companies Go “Underground” About Payments To Russia
An appliance manufacturer in southern China is having difficulty shipping its goods to Russia—not because there are issues with the devices, but rather because China’s major banks are blocking payments
Published on April 28, 2024
By Debdutta Ghosh
Economics
US Inflation Picks Up Little, Q2 Forecast Is Improved By Consumer Spending
Although monthly inflation in the United States increased somewhat in March, persistently high housing and utility costs signalled the Federal Reserve would maintain high interest rates for some time. The
Published on April 26, 2024
By Debdutta Ghosh
Business & Finance
Russia Paid Middlemen For Half Of Its Payments To China: Report
According to four people who spoke to Reuters, the market for middlemen has flourished as a result of Russian businesses’ attempts to pay for products in China since secondary penalties
Published on April 26, 2024
By Debdutta Ghosh
Economics
The Yen Is At A 20-Year Low As The BOJ Meets
Ahead of a Bank of Japan meeting where interest rates are anticipated to remain low, the yen was parked by a 34-year low on the dollar and decade lows on
Published on April 25, 2024
By Debdutta Ghosh
Economics
US Economy Is Held Back By Imports In The First Quarter, With Inflation Spiking
The first quarter saw the U.S. economy expand at its slowest rate in almost two years due to a spike in imports and a slight accumulation of unsold goods at
Published on April 25, 2024
By Debdutta Ghosh
Business & Finance
US Wants Binance Founder Zhao To Spend 36 Months In Prison
U.S. prosecutors stated in a court document on Tuesday that Changpeng Zhao, the creator of Binance, the biggest cryptocurrency exchange in the world, should spend 36 months in jail after
Published on April 24, 2024
By Debdutta Ghosh
Economics
Power And Risk Are Created By China’s EV Survival Game
China doesn’t need any more electric vehicles to compete for market share outside of its borders, drive down prices at the expense of profit, or overcrowd a market that already
Published on April 24, 2024
By Debdutta Ghosh
Economics
China Produces Six Billionaires As A Result Of The Bubble Tea Boom.
Do you like bubble tea? Love it or hate it, chances are you know a millennial or Gen Zer who is obsessed with this overly sugary beverage that almost tastes
Published on April 22, 2024
By Debdutta Ghosh
Economics
Venezuela Will Speed The Shift To Cryptocurrencies With Oil Sanctions Being Reimposed
As the United States reimposes oil sanctions on Venezuela, the state-run oil giant PDVSA intends to use more digital money in its fuel and crude shipments, according to three people
Published on April 22, 2024
By Debdutta Ghosh
Economics
Oxford Economics Predicts High Cost Of Food May Have Finally Peaked Globally By This Year
It looks like this year will mark the end of rising food prices globally. Oxford Economics projects that global food prices will drop in 2024, providing some respite for consumers.
Published on April 22, 2024
By Debdutta Ghosh
Economics
Following A 7% Increase, Global Military Expenditures Reached An All-Time High In 2023, Claims A Report
The Stockholm International Peace Research Institute claimed on Monday that there has been a “global deterioration in peace and security” as military spending has hit a record high of $2.4
Published on April 22, 2024
By Debdutta Ghosh
Business & Finance
The US Government Is Attempting To Outlaw TikTok- Here’s Why
A plan that would have given TikTok’s Chinese owner, ByteDance, approximately a year to sell up the U.S. assets of the short-video app or risk a statewide ban was passed
Published on April 22, 2024
By Debdutta Ghosh
Economics
IMF Worried About Debt And The Financial Difficulties Low-Income Nations Face
IMF Managing Director Kristalina Georgieva stated on Friday that the IMF’s shareholders concurred this week on the significance of tackling the problems low-income nations face, many of them are saddled
Published on April 19, 2024
By Debdutta Ghosh
Economics
Rate Hikes Are “Very Likely,” According To BoJ’s Ueda, If Inflation Continues To Rise
Governor of the Bank of Japan Kazuo Ueda stated on Friday that if underlying inflation keeps rising, the central bank “very likely” to hike interest rates and eventually start to
Published on April 19, 2024
By Debdutta Ghosh
Economics
US Elections And Inflation Are Two Major Threats To Financial Stability, According To A US Fed Poll
The Federal Reserve’s most recent survey of U.S. central bank contacts identified persistent inflation and higher-for-longer interest rates as the main threats to financial stability. Geopolitical unrest and the 2024
Published on April 19, 2024
By Debdutta Ghosh
Business & Finance
Florida Woman Who Alleged Baby Powder From J&J Triggered Her Cancer Loses Lawsuit
A Florida jury found that the ovarian cancer that killed a Florida woman in 2019 was not brought on by Johnson & Johnson’s baby powder talc product. Patricia Matthey, a
Published on April 19, 2024
By Debdutta Ghosh
Economics
According To S&P, China’s Fiscal Stimulus Is Becoming Less Effective
According to a research released on Thursday by senior analyst Yunbang Xu of S&P Global Ratings, China’s fiscal stimulus is becoming less successful and is primarily being used as a
Published on April 19, 2024
By Debdutta Ghosh
Economics
According To The Fed, US Economic Activity Increased Somewhat In Recent Weeks
According to a Federal Reserve poll released on Wednesday, U.S. economic activity increased little between late February and early April, and businesses indicated they expected inflation pressures to remain stable.
Published on April 18, 2024
By Debdutta Ghosh
Economics
Banks Advised To Consider The Dangers Before Utilizing AI And Machine Learning
As part of their daily governance, banks need to consider the risks associated with using artificial intelligence (AI) and machine learning (ML), according to a senior global banking regulator on
Published on April 18, 2024
By Debdutta Ghosh
Economics
Moody’s Says 40% Of 2023 US Corporate Defaults Were Caused By Repeat Offenders
Approximately forty percent of American businesses who failed to pay their debts in 2023 had already failed, per a recent analysis by credit rating company Moody’s. According to the report,
Published on April 17, 2024
By Debdutta Ghosh
Economics
IMF Predicts Modest, Steady Global Growth Through 2024; Dangers Include China And Escalating Wars
The International Monetary Fund predicted on Tuesday that the world economy would grow slowly but steadily in 2019. The U.S. economy is driving global output despite obstacles like persistently high
Published on April 17, 2024
By Debdutta Ghosh
Economics
US Consumer Confidence Declines As Predictions For Inflation Rise
Consumer confidence in the United States declined in April, and households projected higher prices for the upcoming year and beyond. These developments probably gave the Federal Reserve more justification to
Published on April 14, 2024
By Debdutta Ghosh
Business & Finance
Hong Kong Is Expected To Approve Its First Spot Bitcoin ETFs In April – Reports
Spot bitcoin exchange-traded funds may debut in Hong Kong this month, with the first approvals probably being revealed the following week, according ot reports quoting information from two sources with
Published on April 14, 2024
By Debdutta Ghosh
Economics
US’ Yellen Says China’s Imports Are Destroying Nascent Businesses In The US
Janet Yellen, the U.S. Treasury Secretary, concluded four days of discussions pushing Beijing to limit surplus industrial capacity on Monday. She cautioned China that Washington will not tolerate new industries
Published on April 9, 2024
By Debdutta Ghosh
