() - India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government's estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending on planned capital investments and a higher-than-anticipated dividend from the central bank could lead to

By Ellen Zhang, Joe Cash and Ethan Wang BEIJING () -China's exports gathered pace in December, while imports recovered, closing out the year on a positive note as the world's second-largest economy braces for mounting trade risks with the incoming U.S. administration. U.S. President-elect Donald Trump, set to return to the White House next week

SHANGHAI () - China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing and sending verbal warnings as the Chinese currency hovered around 16-month lows against a strong dollar. The yuan has faced renewed depreciation pressures, weighed down by a triple-whammy of a broadly

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By Rae Wee SINGAPORE () - The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S. jobs report that underlined the outperformance of the world's largest economy versus the rest of the world. The euro and the New Zealand dollar were pinned close

Investing.com-- Goldman Sachs analysts said they now expect the Federal Reserve to cut interest rates twice this year, down from their prior forecast of three cuts, amid increased concerns over sticky inflation and labor market strength. GS expects two rate cuts in 2025- in June and December, and one additional cut in 2026, bringing the

By Jamie McGeever () - A look at the day ahead in Asian markets.  If the reaction in U.S. stocks, bonds and the dollar to Friday's sizzling U.S. employment report is any guide, Asian markets are in for a bumpy ride on Monday, rocked by another whoosh higher in bond yields and inflation fears. The

By Steven Scheer JERUSALEM () - Israel plans to use tax revenue it collects on behalf of the Palestinian Authority to pay the PA's nearly 2 billion ($544 million) debt to state-run Israel Electric Co (IEC), Finance Minister Bezalel Smotrich said on Sunday. Israel collects tax on goods that pass through Israel into the occupied

By Nupur Anand, Isla Binnie () -U.S. bank JPMorgan Chase (NYSE:) on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by showed, prompting hundreds of staff comments, including complaints. Financial companies have been aggressive in enforcing return-to-office

Investing.com -- Agentic AI, identified as the next major wave in artificial intelligence, is poised to redefine the landscape of technology and its applications.  According to analysts at BofA Global Research, this new generation of AI transcends current generative AI tools, such as chatbots and copilots, by introducing autonomous, decision-making agents capable of executing complex