Economy - PRESS AI WORLD
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ECONOMY
Rolex Increases Prices on Gold Models Amid Rising Gold Costs

Rolex has raised the prices of select gold watch models by up to 8%, following a surge in gold prices.

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ECONOMY
Tech firms shifting focus to cash paychecks as stock compensation wanes

Tech companies are reconsidering stock-based compensation, emphasizing cash payments as scrutiny rises in 2025.

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ECONOMY
Prince Harry and Meghan Markle's Montecito Home Value Surges to $29 Million

Prince Harry and Meghan Markle's Montecito mansion value has skyrocketed to over $29 million, doubling since their 2020 purchase amid rising California property prices.

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ECONOMY
Poverty in India Drops Below 5%, Extreme Poverty Rates Nearly Non-Existent

India's poverty rates have fallen below 5%, with extreme poverty nearly eradicated, as per SBI research conducted for 2024.

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ECONOMY
China to Boost Smartphone Sales with New Subsidies and Enhanced Trade-In Program

China plans to subsidize smartphone purchases and expand trade-in programs to stimulate economic growth amid consumption challenges.

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ECONOMY
Global Markets: Key U.S. Jobs Data and Inflation Reports Loom in 2025's First Week

This week brings crucial U.S. jobs data and inflation reports influencing global markets amidst concerns over economic growth and tariffs.

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ECONOMY
Bank Holidays in January 2025: Schedule for Banking Operations in India

Find out if banks are open on Saturday, January 4, 2025, and learn about the holiday schedule in India this January.

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ECONOMY
TVS Motors Reports 7% Growth in December FY25; Electric Vehicle Sales Surge by 79%

TVS Motors posts 7% sales growth in December 2024, with a notable 79% increase in electric vehicle sales.

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ECONOMY
Yuan Falls to Two-Year Low Amid Rising Pressure on Asian Currencies as US Dollar Strengthens

The offshore yuan has fallen to a two-year low against the US dollar, increasing downward pressures on other Asian currencies amid global uncertainties.

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ECONOMY
Governments' Debt Policies May Derail Central Banks' Rate Cuts in 2025

Political reluctance to reduce debt could hinder central banks' plans to lower interest rates in a recovering global economy by 2025.

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