EconomyFintech

Financial Literacy Gains Linked to Economic Growth and Loan Performance

A comprehensive global study indicates that enhanced financial literacy may significantly boost economic output and reduce household loan defaults. Asian economies demonstrate the strongest improvements in both financial capability and inclusion metrics according to the latest data.

Financial Education’s Economic Impact Revealed

Growing evidence suggests that improved financial literacy could significantly benefit national economies, according to recent analyses. A report from the Centre for Economics and Business Research indicates a potential direct relationship between financial education and macroeconomic performance, with implications for both policymakers and financial institutions.

EconomyTrade

China’s Economic Growth Moderates Amid Trade Tensions and Property Sector Challenges

China’s economic expansion has moderated to its slowest rate in four quarters, with GDP growth reaching 4.8% year-on-year. The cooling momentum comes amid ongoing trade tensions and a prolonged property sector adjustment, adding complexity to policymakers’ efforts to rebalance the economy toward domestic consumption.

Economic Growth Moderates in Third Quarter

China’s economic expansion reportedly slowed to its most moderate pace in a year during the third quarter, with the gross domestic product growing 4.8% year-on-year according to official data. This represents a deceleration from the 5.2% growth recorded in the previous quarter, sources indicate, as the world’s second-largest economy navigates multiple headwinds including trade tensions and property market adjustments.

BusinessEconomy

Market Futures Climb as Investors Eye Key Earnings, Inflation Data

U.S. stock futures moved higher Sunday night as investors shifted focus to a critical week of corporate earnings and inflation data. Market sentiment improved amid reports of tariff exemptions and easing trade tensions with China, according to financial analysts.

Market Futures Show Early Week Strength

Stock futures advanced Sunday evening as investors prepared for a week packed with major corporate earnings reports and key economic data, according to market analysis. Futures tied to the Dow Jones Industrial Average reportedly jumped 105 points, representing approximately 0.2%, while S&P futures gained 0.3% and Nasdaq 100 futures rose by a similar margin.