Business

Banks Predict Emerging Markets Rebound

Analysts and major banks predicted a 2026 rebound in emerging markets equities, saying Asia had diverged—China weak, India and South Korea outperformed—and Mumbai's bourse could recover.

Banks Predict Emerging Markets Rebound
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US surges online, Europe lags

Black Friday triggered record online shopping in the United States, but a majority of European retailers said holiday sales remained disappointing despite heavy discounts and promotions.

US surges online, Europe lags
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Wars drive record arms sales

SIPRI reported global arms sales hit a record high, driven by the wars in Ukraine and Gaza and rising military spending, with U.S. and German firms posting the largest gains.

Wars drive record arms sales
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