World

China’s economic activity heavily relies on the stabilization and growth of home prices. Richard Koo, chief economist at Nomura Research Institute, emphasized the need to convince people that home prices are on the rise to stimulate borrowing and spending. Without a positive narrative surrounding home prices, both businesses and consumers may remain hesitant to take
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Analysts are bullish on the potential for India’s market capitalization to reach $40 trillion in the next 20 years. This optimism is driven by stronger investor confidence and robust economic growth in the country. Chief economist Sujan Hajra believes that hitting the $40 trillion mark is easily achievable, citing India’s strong economic growth and stable
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The recent meeting between U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang highlighted the importance of open and constructive communication between the two economic superpowers. Yellen emphasized the need for difficult conversations and mutual respect in order to navigate the complexities of the bilateral relationship. While acknowledging the differences and challenges that exist,
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The recent comments made by U.S. Treasury Secretary Janet Yellen regarding China’s excess manufacturing capacity have sparked a heated response from Chinese state media. These comments have been labeled as an attempt to revive the “China threat” narrative and set the stage for more protectionist policies by the U.S. Undermining China’s Growth and Cooperation According
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The recent decline in the Dow Jones Industrial Average for the second consecutive day has highlighted the ongoing lackluster performance of Wall Street in the current quarter. This drop came as bond yields surged and traders adjusted their expectations regarding a potential interest rate cut by the Federal Reserve in June. The 30-stock Dow experienced
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In March, China’s factory activity experienced its strongest expansion in over a year according to a private survey conducted by Caixin/S&P Global. The manufacturing purchasing managers’ index reached 51.1, the highest level since February 2023, surpassing economists’ expectations. This positive growth in factory activity indicates a stabilizing trend in the world’s second-largest economy. China’s National
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