“What the market is doing now is waiting for those details. Are we going to get some significant fiscal action in other words because the issue of the Chinese economy here is weak consumer spending, weak consumer confidence, and of course a very soft property market,” says Geoff Dennis, Independent EM CommentatorOne of the big … Read more
As India gears up for its vibrant festive season, starting with Onam in mid-September and continuing through Diwali, there’s an air of excitement and anticipation. This period traditionally marks a time of celebration and increased consumer spending across various sectors. The Indian festive season has long been synonymous with shopping and gifting. From automobiles to … Read more
When it comes to wealth creation and securing one’s financial future, it seems this issue is dominating the minds of Indians. According to a new report put out by the fintech unicorn, Razorpay, investments in mutual funds surged by an impressive 86% and insurance payments witnessed a significant 56% growth for the period FY24. Additionally, … Read more
“It has been a difficult market. We have raised more cash. We are sitting at about probably 7% cash. And so what we have done is basically lowered down some of the cyclical sectors, global sectors that is metals,” says Chakri Lokapriya, CIO & MD, TCG AMC.It is a market which is giving everybody a … Read more
CNN Business — Another month of falling gas prices gave Americans’ wallets a bit of a reprieve in August. That sent consumers back to stores last month. The Census Bureau reported Thursday that a key measure of August US retail sales rose unexpectedly by 0.3% on a monthly basis, following a revised decrease of 0.4% … Read more
Consumers in India expect inflation to remain high over the next year, further hindering their ability to spend at a time when confidence is at a record low because of job losses and wage cuts. Households’ median inflation expectations over a one-year period remained elevated at 10.3%, according to the latest survey from the Reserve … Read more
KYOTO, Japan—The bustle of tourists has disappeared from this ancient capital—only to be replaced by dissension over whether they should ever be welcomed back. Mimiko Takayasu, 80 years old, is proprietress of a century-old tea house where geisha entertain wealthy Japanese with traditional music and dance. Until the coronavirus pandemic, the streets of Gion, Kyoto’s … Read more