IHS Markit said its manufacturing PMI climbed to 57.1 in December from 56.7 in November

Strong Japanese growth data added to confidence the economy is recovering, despite burgeoning waves of coronavirus cases in many parts of the world including Japan

Industrial output climbed 6.9% in October from a year earlier, data from the National Statistics Bureau showed on Monday, in line with September's gain

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China's recovery has been gaining momentum as pent-up demand, government stimulus and surprisingly resilient exports propel a rebound

A staggering 30.2 million Americans were receiving unemployment checks in early July.

Contrary to popular notion, stock markets have repeatedly demonstrated since the 1929 Great Depression that their performance is not really linked to macroeconomic and business fundamentals

TikTok removed from Android, Apple play stores after govt ban on 59 Chinese appsA day after the Indian government ordered a ban on 59 Chinese mobile apps over security reasons amid the India-China border tension, the popular video app TikTok has been removed from Android's Play Store and Apple store. The popular Chinese app has over 120 million active users, mostly those in the 20s, in India alone. Mukesh Ambani's RIL set to acquire Kishore Biyani-led Future GroupMukesh Amban...

China's official purchasing managers' index (PMI) released Tuesday showed factory activity in the world's second-largest economy grew for a fourth straight month in June. China's services sector PMI also expanded at a faster pace compared to the previous month.

The official manufacturing Purchasing Manager's Index rose to a three-month high of 50.9 in June from 50.6 in May

Retail sales fell for a fourth straight month. While the 2.8% drop was smaller than the 7.5% slump in April, it was larger than the 2.0% fall tipped by analysts

\"Service sector activity in India is still effectively on hold, latest PMI data suggests, as output fell at an extreme rate once again during May,\" IHS Markit report said

In May, the PMI index for medium-sized and small enterprises fell to 48.8 and 50.8, respectively, while large companies reported a faster expansion in activity

A Reuters poll showed the Indian economy is likely to suffer its worst quarter since the mid-1990s in the April-June quarter, contracting 5.2 per cent

NRI oil tycoon Joy Arakkal commits suicide in DubaiThe Dubai Police have confirmed that non-resident Indian businessman Joy Arakkal committed suicide by jumping off a building on April 23 due to financial problems. The Dubai-based Keralite businessman jumped off from the 14th floor in the Business Bay area. Arakkal was the Managing Director of Innova Refining and Trading FZE in UAE. He had been in the petroleum business for the last 20 years and hailed from Manathavady in Wayanad....

With coronavirus under control domestically, China's economy has begun to open up again as authorities loosen lockdown restrictions including stay-at-home orders

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Economists had initially anticipated a V-shaped recovery for China's economy, similar to that seen after SARS epidemic in 2003. But analysts have since slashed their forecasts to levels not seen since the Cultural Revolution ended in 1976

Last major slide for the Chinese market came when the index fell to 2,746 or 10.26% from January 22 as the country battled rising number of coronavirus cases