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India’s foreign exchange reserves hit a record $683 billion, marking a $2.299 billion increase for the week ending August 30. This milestone reflects robust financial stability and growth under PM Modi’s policies, contrasting with past stagnation.
Couche-Tard’s $38.6 billion offer was turned down by Seven & i, the parent company of 7-Eleven, citing undervaluation and concerns over U.S. regulatory approval.
JPMorgan has downgraded Chinese stocks to neutral, citing risks of a second tariff war and concerns over China’s economic performance, advising investors to shift to other markets.
Fraud and scam complaints surged to a six-year high, with the Financial Ombudsman Service reporting a 43% rise in cases, driven by online bank transfers.
Dow, S&P 500, and Nasdaq fell Tuesday, with semiconductor stocks leading the market lower as September trading kicked off with volatility.
China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the…
China’s economy is under severe strain as manufacturing and property sectors struggle, raising doubts about the government’s growth target for 2024.
South Koreans maintained $5.18 billion in overseas card spending in Q2, with rising online purchases balancing a decline in travel.
Japan’s industrial output rose 2.8% in July, driven by increased semiconductor and electrical device production amid growing global demand.
Saudi Arabia’s strategic reforms lead to a $215 billion FDI, positioning it as a top global investment destination.
