Akbar Yoga Pratama

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IMF: India's Growth To Be Faster Than China's By 2016

We might think of this as being good news for India, as the latest IMF global forecast predicts that the GDP growth rate in that country will be above that of China in 2016. And of course it is good news in one manner, as it means that the poor people of India will be getting better off. But it’s …

Economics

Davos 2015

Davos

Keep An Eye On These 6 Stocks That Could Move The Market After Reporting Earnings

<i>Disclosure: I have no positions in American Express, General Electric, IBM, McDonald’s, UnitedHealth or Verizon.</i><p>The Dow Jones Industrial Average traded as low as 17,243.55 last week then ended the week at 17,511.57, down 225 points for the week and down just 1.7% year-to-date. Even so, the weekly …

Investing

Opinion: Will China be the next forex peg to break?

HONG KONG (MarketWatch) — The surprise move by Switzerland to scrap its currency ceiling against the euro EURCHF, -0.0678% last week is a reminder …

Stock Markets

Euro currency's missing pieces challenge policymakers

Europe's struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive.<p>Fundamental gaps left at the euro's creation in 1999 are haunting its policymakers. The euro's missing pieces have come into sharper …

Among states, 28 now average sub-$2 a gallon gasoline

Sub-$2 gasoline is a reality in 28 states.<p>The national average for regular-grade gasoline is $2.05 a gallon, down from $2.13 last week, $2.45 in mid-December and $3.29 in January 2014, according to gasbuddy.com and the AAA.<p>Gas prices - which some forecasters expect to soon average below $2 in the …

Oil

Google said to be in talks to invest in SpaceX at $10B valuation

SpaceX has gone where most startups never have: to space. And it looks like Google may well want in on the excitement.<p>According to a report this morning from The Information (subscription required), Google is close to putting a substantial investment into Elon Musk’s rocket company at a valuation …

Davos readies for the World Economic Forum

One thing that's certain in Davos this year is snow. It's equally certain that there won't be a single free hotel room when the World Economic Forum …

World Economic Forum

U.S. Solar Industry Sees Growth, But Also Some Uncertainty

The solar energy business is growing fast, thanks in part to a steep drop in panel prices.<p>The Solar Energy Industries Association reports that prices dropped by more than half since 2010. But the industry's future looks a little hazy. Generous government subsidies expire soon and the price for …

Solar Power

China's property problems weighs on growth

<b>Most people won't have heard of the Chinese property developer Kaisa Group.</b><p>But as China's economy logs it slowest growth in more than two decades, the company's troubles underline the country's wider problems.<p>Kaisa Group, based in the sprawling industrial city of Shenzhen, missed a debt payment of …

China

Chinese stocks plummet 8% as regulators prick stock bubble

Even before noon Monday, trading in China’s biggest stockbrokers was halted in Shanghai because their own stocks had crashed by the daily limit of …

Stock Markets

Draghi’s drama: Betting on what QE will look like in the euro zone

The concept of euro zone unity promises to be tested Thursday when the European Central Bank unveils a stimulus program that will almost certainly be tailored to meet Germany's demands.<p>The quantitative easing (QE) program, coming years after the United States, Britain and Japan launched their own …