China firms issue record $14 billion convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify…
India keeps infrastructure spend target unchanged at record 11.11 trln rupees for 2024-25
India’s federal government said on Tuesday that it will spend a record 11.11 trillion rupees ($132.85 billion) on infrastructure in…
India lowers fiscal deficit target to 4.9% of GDP for FY25
The Indian government on Tuesday lowered its fiscal deficit target to 4.9% of GDP for the financial year ending March…
Moody’s raises 2024 profit forecast above estimates on robust demand for analytics
Ratings agency Moody’s Corp. raised its forecast for full-year adjusted profit above Wall Street estimates, driven by strong demand for…
China’s loan collateral tweak will ease ‘asset famine’, state media says
China’s central bank’s decision to lower the collateral requirement for medium-term loans will alleviate the “asset famine” pressure on the…
Economics, law, and political economy: a revitalization
The study of law and economics has a long history that has contributed much to our understanding of how different…
G20 sees growing chance of soft landing for global economy in draft communique
Group of 20 finance leaders are expected to cheer the increasing likelihood of a soft landing of the global economy…
China rate cuts usher in next stimulus stage
For investors pondering how China’s Third Plenum could revive the economy, the central bank has set the tone for what’s…
India budget shifts spending priorities while keeping fiscal deficit in check
India struck a balance between greater spending on jobs and rural development as well as transferring more funds to states,…
Big business curbs India’s populist instinct
India’s jobs crisis is rearing its ugly head. The southern state of Karnataka last week climbed down from a plan…