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Wednesday, September 24, 2025
TopicWorld Economy

Topic: World Economy

US stock futures, dollar surge as Asian markets sense Trump win

Sydney: U.S. stock futures and the dollar surged in Asia on Wednesday as investors wagered Republican Donald Trump could win the U.S. presidential election,...

91% of transactions will become digital by 2028. But here’s why we will miss cash

While current electronic payment systems work well, they do not provide the same personal freedom that cash offers.

Wall Street ends lower, US Treasury yields slide as data fuels global recession fears

The S&P 500 closed in negative territory, and megacap momentum stocks dragged the tech-heavy Nasdaq down more than 1%, while defensive stocks helped keep the Dow modestly green.

Highest rate hike by Bank of England since 1995, country warned of long recession ahead

England’s consumer inflation hit a 40-year high of 9.4% in June, over 4 times the Bank’s 2% target. Putin’s weaponisation of gas supplies will drive inflation even higher, some feared.

Worldwide biodiversity loss may push developing nations into default, says research

A 'partial ecosystems collapse' would increase annual borrowing costs for 26 nations including the US by $53 billion and trigger massive downgrades for India and China.

Indian economy looks like a champ while the world struggles. But wait, don’t celebrate yet

Outlook for India seems better than for most others, but growth forecasts are being tempered while inflation picture has got worse. Production numbers are modest, dip in business mood.

Oil at $100 threatens world economy inflation shock, Ukraine crisis may fuel inflation

Futures in London jumped as much as 3.3% as Russia’s dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region’s critical energy exports.

Ten ways Covid has changed the world economy forever

While the world economy is on the way to recovery, some legacies of Covid will shape global growth for years to come. Here's an overview of some of the transformations under way.

Fears of another global economic downturn rise despite good news on vaccines

As Covid cases rise, nations are imposing fresh restrictions. Economists now say it won’t take much for the US, euro area & Japan to each contract again either this quarter or next.

China’s Covid-19 economic recovery from Covid slump boosts world outlook

The IMF says Chinese growth is virtually the only reason it expects global output to be 0.6% higher by the end of 2021 compared to the end of 2019.

On Camera

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.