China’s economy is showing signs of strain, with the third quarter of 2024 registering its slowest growth since early 2023. Though consumption and factory output figures slightly surpassed forecasts in September, the country’s struggling property sector continues to cast a shadow over the broader...

The global economy is facing significant challenges as high debt levels and sluggish growth continue to hinder recovery efforts, according to International Monetary Fund (IMF) Managing Director Kristalina Georgieva. While progress has been made since the pandemic, governments’ reliance on...

Goldman Sachs has projected that the U.S. Federal Reserve (Fed) will begin cutting interest rates by 25 basis points (bps) in November 2024, continuing through June 2025, bringing the terminal rate to a range of 3.25% to 3.5%. This outlook signals a significant shift in the Fed’s monetary policy...

Australia’s beef industry is experiencing an exceptional period of growth, driven by a slump in U.S. beef production and surging global demand. As American cattle numbers hit historic lows due to prolonged drought, Australia has stepped in to fill the gap, increasing its exports and gaining market...

According to Moody's Ratings, American companies rated below investment grade in 2025-2029 will have to refinance debts totaling over $2 trillion. This suggests a higher likelihood of defaults if the growth of the U.S. economy decelerates beyond predictions. The organization analyzed over 335,000...

The World Bank’s recent decision to amend its internal lending guidelines marks a significant shift in its approach to addressing the mounting global challenges faced by developing countries and emerging markets. By freeing up an additional $30 billion in lending capacity over the next decade, the...

In recent years, China’s finance sector has experienced significant upheaval, leading many professionals to abandon high-paying banking, private equity, and fund management careers in favor of more stable industries. Tightening regulations, government campaigns, and a sluggish economy have severely...

A close U.S. presidential race is prompting investors to brace for potential volatility in the stock market, reflecting fears of an unclear or contested election outcome. With less than a month until Election Day, polls indicate that Democratic candidate Kamala Harris and Republican nominee Donald...

Sluggish demand and fierce competition in China have led to disappointing third-quarter sales figures for German luxury automakers BMW and Mercedes. This decline underscores broader challenges faced by the luxury auto industry, including high production costs, the transition to electric vehicles...