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The Latest Breaking News from Economic Growth

Copper falls as LME stocks edge higher and mine supply concerns ease

Copper prices have dipped due to rising inventories culminating from a resolution of a major strike at a Chilean mine. With available copper stocks hitting a two-month peak following substantial inflows, expert analyst Daniel Ghali pointed to US tariffs impacting global supply chains and shipping costs. In contrast, China exhibits…

The Economic Times · Oct 19

Violent street protests in France and Italy trigger stock and bond sell-off and send euro lower – as it happened

Roaring exports lift China’s economic growth

The Guardian - UK · Oct 19

China’s economy gains pace on exports as domestic demand falters

In the July-September quarter, China recorded an economic growth of 4.5%, surpassing analysts' expectations. While exports showed strong performance, internal demand is tempering due to a sluggish property sector. The International Monetary Fund has projected a 4.5% growth rate for 2026, and Beijing aims for a 4.5%-5% growth this year.…

The Times of India · Oct 19

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Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concerns

China’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and improving retail sales. A weaker dollar and increased corporate currency conversions also supported gains. Investors now await Chinese policymakers’ signals on monetary policy, currency management and further economic stimulus measures.

The Economic Times · Oct 19

The Global Economy Is Betting Heavily on AI, but Warning Signs and Rising Debt Are Straining Wall Street

Global investment in AI is driving economic growth, but rising debt, high borrowing costs and uncertain returns are increasing risks for infrastructure providers and financial markets.

International Business Times UK · Oct 19

China's economic growth picks up & rebounds to 4.5% in third quarter, beating expectations

China’s economy grew 4.5% year-on-year in the third quarter, beating market expectations of 4.4% and recovering from a more than three-year low of 4.3% in the previous quarter. Growth eased pressure on policymakers to announce further stimulus to meet the annual target of 4.5%-5%.

The Economic Times · Oct 19

World Bank Encourages Developing Nations To Embrace 'Small' AI To Accelerate Economic Growth

Paschal Donohoe, the managing director and chief knowledge officer at the World Bank, said that so-called "small AI" could make developments which otherwise would have taken centuries achievable in decades.

International Business Times · Oct 18

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United Kingdom considers a new investor visa for wealthy foreigners ahead of the October budget

The UK government is considering a new investor visa to attract wealthy individuals and support economic growth. Proposals include various investment thresholds and conditions to encourage foreign capital. The previous investor visa was closed in 2022 due to concerns over financial security and misuse of funds. Immigration lawyers suggest that…

The Economic Times · Oct 18

India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expert

India needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be enough to reassure global investors about the country's long-term business environment, highlighted Kyunghoon Kim, Head of the India and South Asia Team at the Korea Institute for International Economic…

The Economic Times · Oct 18

US' Russia sanction waiver a relief for India's exporters, energy security: Experts

The waiver of sanctions under the Sanctioning Russia and Iran Act provides relief for India's energy security. Experts believe that continued access to Russian crude will support economic growth and ease inflationary pressures. While the waiver offers temporary relief, uncertainty remains regarding future contracts and investments. Trade organizations express hope…

The Economic Times · Oct 17

US pushes World Bank to scrap oil, gas funding curbs in major energy policy overhaul

US Treasury Secretary Scott Bessent has called for the World Bank to end its restrictions on upstream oil and gas projects. He emphasized that developing countries require reliable and affordable energy for economic growth and job creation. Bessent highlighted the need for a technology-neutral approach to energy financing to address…

The Times of India · Oct 17

Canada may raise immigration levels as population growth hits lowest since WWII

Canada's Immigration Minister Lena Diab has signalled a possible increase in immigration levels as population growth hits its lowest rate since the Second World War. Prime Minister Mark Carney's government is expected to unveil an updated immigration plan in November, balancing economic growth and labour needs against housing affordability and…

The Economic Times · Oct 17

With U.S. debt above $40 trillion, the IMF chief warns that economic growth alone won’t solve the problem

Treasury Secretary Scott Bessent has said the U.S. can grow its way out of the debt.

Fortune · Oct 16

Big US bank stocks head for longest weekly losing streak since 2008

Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and rising inflation. The KBW Bank Index has fallen about 13% since its August peak, continuing a trend of losses. Concerns about artificial intelligence disrupting financial services contribute to the…

The Economic Times · Oct 16

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The Economic Times · Oct 16

Nitin Gadkari looks to Japan for better roads in India: From advanced construction technology to safer tunnels and bridges, here's what was discussed

India and Japan discussed strengthening cooperation in road infrastructure during the 12th session of the India-Japan Joint Working Group on Roads and Road Transportation Sector. Union Minister Nitin Gadkari emphasised the need for modern, safe and sustainable roads to support economic growth and improve citizens’ quality of life. The discussions…

The Economic Times · Oct 16

India-US trade pact would be concluded at earliest, in interest of global trade: FM Sitharaman

In a promising update on the India-US trade agreement, Nirmala Sitharaman indicated that negotiations are progressing well, with Commerce Minister Piyush Goyal mentioning that legal drafting for the initial phase is in motion. Addressing concerns related to trade imbalances and China's market access restrictions, Sitharaman underlined the critical role of…

France 24 · Oct 15

France 'can no longer finance' Ukraine, far-right presidential frontrunner Le Pen says

Far-right leader and presidential candidate Marine Le Pen said on Wednesday that France could no longer afford to fund Ukraine, citing the country's high deficit and weak economic growth.

The Economic Times · Oct 15

Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlook

The IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction risks and rising bond yields. It urged central banks to prioritise price stability and governments to provide targeted fiscal support while managing inflation and debt pressures.

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The Economic Times · Oct 14

Global Market: BoE's Huw Pill wary of market bets on four rate hikes over next year

Bank of England Chief Economist Huw Pill has questioned market expectations for four quarter-point rate hikes over the next 12 months as policymakers assess the inflationary fallout of the Iran war. His comments highlight divisions within the Monetary Policy Committee over how to balance rising energy prices against risks to…

The Economic Times · Oct 14

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Director Kristalina Georgieva highlighted that economic growth alone cannot resolve the national debt crisis. Nations are facing difficult choices between supporting vulnerable populations and meeting debt obligations due to escalating interest rates.…

The Economic Times · Oct 14

AIFs to play crucial role in India's economic growth, AI offers significant opportunities: Partner BCG

India's Alternative Investment Fund (AIF) industry has significant growth potential and could play a crucial role in the country's economic expansion, while artificial intelligence (AI) continues to present a major opportunity, said Mayank Jha, Managing Director and Partner at Boston Consulting Group (BCG).

The Economic Times · Oct 14

‘Friendship to all, malice to none’, says Sheikh Hasina as she tells Dhaka to rethink foreign policy after BRICS no-show

During her recent statements, Sheikh Hasina expressed disapproval of Tarique Rahman's absence from the BRICS summit, indicating it was detrimental to Bangladesh’s best interests. She contended that involvement in such platforms could have enhanced economic growth and social benefit. Hasina pointed out the crucial need for foreign policy to reflect…

The Economic Times · Oct 14

Gold prices flat as markets await US CPI data

In early Asian trading, gold prices held steady as investors awaited crucial US consumer price data, which could affect future Federal Reserve decisions. New York Fed President John Williams spoke about the need for potential interest rate increases to combat inflation. Additionally, Fed Governor Christopher Waller noted that robust economic…

The Economic Times · Oct 13

Global Market: BoE's Megan Greene says UK interest rates may not be restrictive enough

Bank of England policymaker Megan Greene said the IMF’s upward revision to the UK’s economic growth forecast supports her view that monetary policy remains insufficiently restrictive. She warned that delaying interest rate hikes could prolong inflationary pressures, highlighting divisions among policymakers over balancing inflation control against economic growth and borrowing…

Evening Standard · Oct 13

UK households to see higher-than-expected inflation as energy prices jump – IMF

Prime Minister Andy Burnham is also now expected to see UK economic growth slow down next year, according to fresh forecasts.

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