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India's Ambitious 9.25% Growth Goal by 2047
2+ week, 8+ hour ago (174+ words) Recent estimates suggest India's economy expanded over 7% in the latest quarter - an impressive figure globally, yet potentially insufficient for the government's long-term aspirations. Prime Minister Narendra Modi aims to transform the country into a developed nation by its 100th year of…...
Kakao Mobility Eyes US Listing via ADRs
3+ week, 2+ day ago (585+ words) In South Korea's ride-hailing market, Kakao Mobility holds the leading position, and it may soon be selling shares to American investors. On July 2, the company quietly took the initial step toward a US listing by sending the Securities and Exchange…...
Turkey Restores Key Rate as Iran Shock Fades
2+ week, 6+ day ago (371+ words) Turkey's central bank will restart one-week repo auctions at its 37% benchmark rate, ending the temporary use of the 40% overnight lending rate. The change suggests policymakers believe the biggest economic danger from the conflict with neighboring Iran has passed, even though…...
Israel's Rate Decision Hinges on Fiscal Trilemma
3+ week, 4+ day ago (490+ words) Israel's central bank chief is keeping his options open. "Our next meeting, which is in about two weeks, will be a live one," Yaron said. That follows a July meeting where the bank cut its benchmark rate for the second…...
Lima Inflation Tops Forecast at 4.44%
1+ week, 4+ day ago (252+ words) In August, Lima's CPI was 4.44% year over year, compared with 4.07% in July, edging past the 4.41% median forecast from economists. On a monthly basis, the capital's CPI rose 0.07%, slightly above the 0.05% expectation. Lima's gauge is widely used as a stand-in for…...
Iran war pushes textile costs, idles factories
16+ hour, 40+ min ago (368+ words) After lunch at Plummy Fashions on Dhaka's outskirts, one line clicks back into motion, with workers checking seams and fastening tags to piles of women's black T‑shirts headed to Zara stores across Europe. Steps away, a different hall has…...
Turkey Cuts 2027 Growth Outlook to 4.2%
6+ day, 22+ hour ago (1207+ words) Briefs Finance Turkey Cuts 2027 Growth Outlook as It Balances Prices and Expansion - Ankara's medium-term program through 2029 trims the 2027 growth projection and lowers this year's to 3.3% from 3.8%. - The plan sees growth at 4.2% next year, a notch below the prior 4.3% view. - The…...
Turkey Keeps Policy Rate at 37% Amid Oil Risk
2+ day, 18+ hour ago (323+ words) Turkey's Monetary Policy Committee, chaired by Governor Fatih Karahan, kept the one week policy rate at 37% on Thursday, in line with the near-consensus from a Bloomberg survey of 19 analysts. In August, the central bank eased borrowing costs by rolling back…...
Kashkari: Treasury Market Healthy, Fed Policy Focus
2+ week, 6+ day ago (252+ words) Kashkari also expressed worries about inflation, noting that price growth is not slowing to the Fed's 2% goal quickly. He stopped short of saying whether he would support a rate hike at the next Federal Reserve policy meeting in September. His…...
India 7.8% Growth Boosts Global Confidence
4+ day, 20+ hour ago (68+ words) Modi Says India's 7.8% Growth Boosts Global Confidence, Vows to Keep Reforms Rolling Briefs Finance A steady, thoughtful approach helps protect and grow your savings through changing times. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor…...