India’s stock market is performing less well than the exchanges of other emerging economies and doing so by the widest margin this century, the Financial Times reported.
Tag: Global Economy
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AI STOCK MARKET FRENZY IS ALIVE AND WELL IN CHINA
At its debut last week on Shanghai’s stock market, Moore Threads—a maker of graphics processing units for artificial intelligence (AI) that is often referred to as “China’s Nvidia”—saw its share price soar 400 percent.
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CHINA WILL SEEK 5-PERCENT GDP GROWTH IN 2026, INSIDERS SAY
In 2026, China will again set a modest 5-percent GDP growth target, repeating the goal it set for 2025, according to government advisors and officials who spoke to Reuters.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Employers cut 1.1 million jobs in 2025, the highest level in four years, according to outplacement firm Challenger, Gray and Christmas.
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SPOTLIGHT: BIGS GETTING BIGGER
The Trump administration’s laissez-faire attitude toward major mergers and acquisitions has persuaded a growing number of companies “to take a shot at deals that merge direct competitors,” The Wall Street Journal reported after talking with executives, investment bankers, and lawyers in the field.
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SPOTLIGHT: CHINA’S AUTO INDUSTRY’S RISE TO DOMINANCE
Volkswagen can develop and produce new electric vehicles (EVs) in China for half the cost of doing the same work in its native Germany, the company says, citing mature EV supply chains, easier access to batteries, lower labor costs, and shortened timelines from design through production.
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DUTCH BANK FIRES 20 PERCENT OF ITS STAFF
Dutch lender ABN Amro, with two acquisitions in progress, will dump 5,200 of its current staff as part of a campaign by new CEO Marguerite Berard to cut costs and increase profits.
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SWEDISH PAYMENTS COMPANY ISSUES DOLLAR-DENOMINATED STABLECOIN
Klarna, a Swedish online “buy now, pay later” lender has issued a U.S. dollar-backed stablecoin to use for international payments, enabling the company to “dramatically reduce costs for both consumers and merchants,” it said.
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INDIA REPORTS FASTEST ECONOMIC EXPANSION IN 18 MONTHS
n this year’s third quarter, India’s economy grew at an annual rate of 8.2 percent, beating both the second quarter’s 7.8-percent pace and the 7.3 percent economists had forecast in a Reuters poll.