India’s economy expands by just 5.4% in the last quarter, well below expectations

Shoppers at the DLF Promenade mall in New Delhi, India, on Oct. 21, 2023. As the number of middle to high-income households climb, India’s consumer market is positioned to become the world’s third largest by 2027, according to estimates by BMI. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its … Read more

Euro zone inflation, November 2024

The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening. Sebastian Kahnert | Picture Alliance | Getty Images Annual Euro zone inflation rose to 2.3% in November, statistics agency Eurostat said Friday, climbing back above the European Central Bank’s 2% target. Economists polled by Reuters had expected the 2.3% annual rate for … Read more

Barclays prefers Germany over France as it sends ‘bond vigilante’ warning

German blue-chip stocks show more promise than their French counterparts, Barclays’ strategists wrote in a note Friday, saying France has weak “long-term fiscal and growth fundamentals” and a looming risk of bond vigilantes sweeping in. The euro zone’s two biggest economies are both struggling. Germany is battling an ongoing manufacturing downturn that has turned it … Read more

Hybe loses over $420 million in value after NewJeans announces contract termination

SEOUL, SOUTH KOREA – NOVEMBER 28: Haerin, Danielle, Hanni, Minji and Hyein of girl group NewJeans attend the press conference on November 28, 2024 in Seoul, South Korea. K-pop girl group NewJeans hold a press conference an announcement on the termination of their contract with their agency Ador.  Chung Sung-jun | Getty Images Entertainment | … Read more