Economy
Wall Street’s booming June is big bet against economy doomsayers
[NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
Indonesia working on new e-commerce tax rule in bid to target ‘shadow economy’
[JAKARTA] Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to tackle the “shadow economy”,...
Opec sees solid second-half of 2025 for world economy, trims 2026 supply
Published Mon, Jun 16, 2025 · 08:43 PM[LONDON] Opec on Monday (Jun 16) said it expected the global economy to remain resilient in the second half of this year...
Chinese economy stays challenged but some consumer stocks offer potential: BOA
[SINGAPORE] While headwinds persist for the Chinese economy and consumer confidence stays low, a select range of stocks could defy broader market trends and outperform their peers, said the...
HP plunges after cutting profit outlook on tariffs, economy
[SEATTLE] HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a...
India Becomes World’s Fourth Largest Economy, Overtakes Japan: NITI Aayog CEO
New Delhi: India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog CEO BVR Subrahmanyam said on Saturday.Briefing reporters after the 10th Governing Council meeting...
Bank of Japan to keep hiking rates if economy rebounds from tariff hit: deputy governor
Published Mon, May 19, 2025 · 11:10 AM[TOKYO] The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher US...
India Remains Fastest-Growing Economy At “Precarious Moment” For World: UN
United Nations: India remains the fastest-growing large economy and is expected to record a 6.3 per cent growth this fiscal year, while the global economy faces a "precarious moment,"...
