Amundi, Europe's largest asset manager, said on Wednesday it had turned neutral on Chinese equities in the latest sign of a shift in investor sentiment towards the world's second biggest economy. In ...

Read More »

Goldman, J.P.Morgan cut UK's 2023 growth forecast

Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK's gross domestic product (GDP), citing an unexpectedly sharp contraction in the economy in July. The brokerages ...

Read More »

Flatlining economy: Small fluctuations could be the difference between recession and growth

Economic forecasting is, like predicting the weather, an inexact science. In recent months however charting the UK's economic course has been as tricky as second-guessing the British summer. The 0.5% ...

Read More »

IEA leaves forecast for 2023 global oil demand growth steady at 2.2 mln bpd

In its monthly oil market report, the International Energy Agency (IEA) maintained the forecasts for 2023 and 2024 oil demand growth. Extension of oil-output cuts by Saudi Arabia and Russia through ...

Read More »

IMF's Executive Director K. Subramanian Forecasts India's Growth Exceeding 7%

In an exclusive interview with India Today's consulting editor, Rajdeep Sardesai, Dr. Krishnamurthy Subramanian, the Executive Director of the International Monetary Fund (IMF), delved into a wide ...

Read More »