Economic growth
Saudi Arabia's Public Investment Fund, the main driver of the country's economic transformation, has cut $8 billion from the value of its holdings in the kingdom's gigaprojects, including the key Neom development. This reduction is part of a broader effort to transform the domestic
Economic growth
India's Prime Minister has expressed optimism about the nation's economic prospects, citing the real estate sector's significant contribution to the country's economic growth and development. The sector is expected to contribute about $1 trillion to the envisioned $5 trillion economy, making it
Economic growth
The credit rating agency, S&P Global, has upgraded India's sovereign credit ratings from 'BBB-' to 'BBB' with a stable outlook, citing the country's resilient economic growth and potential to manage the effects of US tariffs. This move comes amidst US
Economic growth
In the first half of 2025, China's economic operation demonstrated strong resilience and vitality, with stable growth in production and demand, generally stable employment, and continued increase in residents' income. China's gross domestic product reached 66,053.6 billion yuan, a year-on-year increase of 5.
Economic growth
Trade tensions and uncertainty in the wake of new US tariffs are likely to slow economic growth and disrupt supply chains in the Asia-Pacific region, despite banks having the capital and liquidity to absorb losses. The region's exports to the US are significant, and ongoing trade tensions will
Economic growth
Latvia has seen significant economic growth in the first half of the year, with the number of employed persons increasing by 0.8 percent in the second quarter compared to the same period last year. The unemployment rate has also dropped to 6.7 percent, down from 6.9 percent
Economic growth
Rachael Reeves, Britain's Chancellor of the Exchequer, faces an unprecedented fiscal crisis, with a £50 billion shortfall in public finances putting her economic strategy at risk. The National Institute of Economic and Social Research (NIESR) has criticized the Government's economic strategy, citing sluggish economic growth, a
Economic growth
Despite ongoing economic uncertainty and levies on autos, steel, and aluminum, most S&P 500 companies have reported robust second-quarter results. The resilience is impressive, with 81% of companies beating analysts' revenue forecasts, and the index is on track for double-digit growth in year-on-year earnings for the third
Economic growth
India's credit profile has been upgraded by S&P Global due to the country's strong economic growth, fiscal consolidation efforts, and improved spending quality. The agency forecasts that India's economy will expand by 6.8% annually over the next three years, citing the
Economic growth
The Thailand Monetary Policy Committee has made a unanimous decision to cut the policy interest rate by 0.25% from 1.75% to 1.50%, a strategic effort to address growing vulnerabilities in the economy, particularly among small and medium-sized enterprises (SMEs) and low-income households. The rate reduction aims to
Economic growth
India's credit rating has been upgraded to BBB from BBB- by S&P Global Ratings, reflecting the country's stronger economic fundamentals and buoyant growth prospects. Despite the US President Donald Trump administration's 50 percent tariff shock, S&P believes that India'
Economic growth
Nigeria's 36 states have collectively recorded a budget surplus of ?7.1 trillion in the first half of 2025, marking a significant improvement from a deficit of 1.8% in just two years ago. The sharp turnaround is attributed to the implementation of sweeping federal reforms, including the
