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2025-10-30 01:10:15| The Economic Times

The Federal Reserve has again cut interest rates by a quarter percentage point, citing a softening labour market and rising employment risks. Policymakers also announced an end to shrinking their asset portfolio by December 1. While economic growth is described as moderate, inflation remains elevated.


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2025-10-30 01:01:09| The Economic Times

Indian stock markets reached 13-month highs on Wednesday, fueled by optimism surrounding a potential US-India trade deal and anticipation of a US Federal Reserve interest rate cut. Both Nifty and Sensex saw significant gains, with analysts predicting further all-time highs driven by strong performance in IT, BFSI, and Oil and Gas sectors.


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2025-10-29 20:14:56| The Economic Times

Bangladesh's interim chief Muhammad Yunus anticipates significant challenges to upcoming general elections. He warns of powerful domestic and international forces attempting to disrupt the polls. This comes as deposed Prime Minister Sheikh Hasina's Awami League is barred from contesting.


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2025-10-29 20:03:57| The Economic Times

In a move reflecting the shifting landscape of the electric vehicle market, General Motors is poised to lay off approximately 5,500 workers from three of its manufacturing plants. The companys decision stems from a reassessment of its EV production strategy following the reduction of key electric vehicle tax credits.


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2025-10-29 19:52:18| The Economic Times

Despite Trump's anger, Carney still retained an invite to a dinner held in the US president's honour Wednesday night on the sidelines of the Asia-Pacific Economic Cooperation summit in Gyeongju. The event was hosted by South Korean President Lee Jae Myung, who has spent most of the day courting Trump.


Category: News and Media

 

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