World economy
CNBC’s Inside India newsletter: Can India grow as fast as China did?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story The big banks of Wall Street have been quick to tweak what they expect […]
Read More
European stocks higher as mining stocks lead gains; French luxury giants LVMH and Kering up 8%
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher on Thursday, spurred on by overnight […]
Read More
Not just China, Trump 2.0 could spell trouble for U.S. allies as he doubles down on tariff talk
Donald Trump, who has been quite vocal about a tariff-heavy trade policy, appears to have shifted the focus of his protectionist agenda from China to some of the closest U.S. allies. Speaking at a campaign event in Savannah, Georgia, on Tuesday, the Republican presidential nominee said he would build upon the tariff policies of his […]
Read More
Fearful of the ‘middle-income trap,’ Indonesia pushes for major policy reform
This photo shows a general view of a traffic jam on a main roads leading into the city center of Jakarta on May 8, 2024 as thin haze of pollution sits over the city’s skyline. Bay Ismoyo | Afp | Getty Images Indonesia’s rise as an emerging economy is the latest of Asia’s success stories. […]
Read More
Etihad reveals $7 billion investment plan over five years, will retrofit old Boeing jets
An Airbus A380-800 jet airliner operated by Etihad Airways, on display at the Dubai Airshow 2017 international aerospace event. Marina Lystseva | TASS | Getty Images Etihad Airways on Wednesday revealed a $7 billion investment plan over the next five years in a bid to “double the size of the airline until 2030.” Speaking to […]
Read More
JPMorgan CEO Jamie Dimon warns ‘geopolitics is getting worse’
Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. Mike Segar | Reuters A year after Jamie Dimon named geopolitics as the world’s biggest risk, JPMorgan Chase‘s CEO sounded the alarm again, […]
Read More
Israel and Hezbollah carry out new attacks amid fears of wider conflict
Israel struck Hezbollah targets in southern Lebanon and its Iran-backed foe attacked military facilities in northern Israel on Tuesday, increasing fears of a full-blown conflict after Lebanon suffered its deadliest day in decades. Israel’s military said it hit dozens of Hezbollah targets overnight, a day after carrying out airstrikes against the armed group which Lebanese […]
Read More
European markets open higher despite regional growth concerns
Tourists take pictures under the rain in front of the Eiffel Tower in Paris. Lionel Bonaventure | AFP | Getty Images LONDON — European stocks are expected to open in mixed territory Tuesday as economic uncertainty and concerns over Europe’s growth outlook return to the fore. The U.K.’s FTSE index is expected to open 4 […]
Read More
Op-ed: The UK’s budget problems date back to the 2008 financial crisis
British Prime Minister Keir Starmer reacts as he meets with Defence Secretary John Healey and Member of the House of Lords George Robertson at 10 Downing Street on July 16, 2024 in London, England. Wpa Pool | Getty Images News | Getty Images Over the past few weeks, economic news from the U.K. has heavily […]
Read More
China bond yields hit record low after PBOC signals more easing
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty Images China bond yields fell to a record low after the People’s Bank of China on Tuesday announced that […]
Read More