Economy Industry News

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thestar.com.my - He Yiran - Russia to increase share of creative industries in national economy: deputy PM
Russia to increase share of creative industries in national economy: deputy PM
The Star Online

World MOSCOW, Feb. 3 (Xinhua) -- Russia aims to increase the share of its creative industries in the national economy to 6 percent by 2030, Russian Deputy Prime Minister Alexander Novak said Tuesday. Nearly all Russian regional governors are…

kbs.co.kr - KDI Report Says N. Korean Economy Grew By Around 10% under 5-Year Economic Plan
KDI Report Says N. Korean Economy Grew By Around 10% under 5-Year Economic Plan
KBS

The North Korean economy is believed to have improved by around ten percent under the regime's five-year national economic development plan that was announced at the 2021 ruling Workers' Party congress, according to an assessment by South Korea's…

seekingalpha.com - Liz Kiesche - Richmond Fed's Barkin sees a resilient economy as the economic fog lifts
Richmond Fed's Barkin sees a resilient economy as the economic fog lifts
Seeking Alpha

For much of 2025, Federal Reserve officials likened the economic outlook to driving in the fog because the landscape involved so many uncertainties. Those included such things as tariffs and immigration restrictions, geopolitical tensions, the tax…

dailymail.co.uk - Peter van Onselen - I'm genuinely scared Jim Chalmers doesn't understand basic economics
I'm genuinely scared Jim Chalmers doesn't understand basic economics
Mail Online

I'm now genuinely concerned that the Treasurer doesn't understand basic economics. Either that or, if he does, he's prepared to cast its basic principles adrift in the name of political spin. He has blamed private demand for rising inflation and…

scmp.com - Kolette Lim - Exclusive | Indonesia's top economic minister vows capital market reforms
Exclusive | Indonesia's top economic minister vows capital market reforms
South China Morning Post

Indonesia will press on with reforms of its capital markets and go after market manipulators with the full force of the law well ahead of a May deadline set by leading index MSCI, the country's top economic minister, Airlangga Hartarto, has vowed.

theguardian.com - Tom Knowles - Zero net migration would shrink UK economy by 3.6%, says thinktank
Zero net migration would shrink UK economy by 3.6%, says thinktank
The Guardian

The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said…

businessinsider.com - Katherine Tangalakis-Lippert - Chipotle is targeting the top of the K-shaped economy
Chipotle is targeting the top of the K-shaped economy
Business Insider

Chipotle Mexican Grill plans to raise menu prices by 1-2% this year — and leadership is betting that its core consumer segment, digital natives who earn over $100k, won't mind. Speaking during Tuesday's fourth-quarter earnings call, interim…

bloomberg.com - Top China Official Vows to Boost Consumption to Overhaul Economy
Top China Official Vows to Boost Consumption to Overhaul Economy
Bloomberg

China will press ahead with building a unified market to unleash domestic consumption as countries around Asia face a “pivotal juncture” in the transformation of the global economy, a top economic official said. As the country opens…

cnbc.com - Sawdah Bhaimiya - Treasury yields hold steady as investors look ahead to further economic data
Treasury yields hold steady as investors look ahead to further economic data
CNBC

U.S. Treasury yields were little changed on Wednesday as investors awaited more economic data and weighed the state of the U.S. economy. At 4:53 a.m. ET, the 10-year Treasury yield was flat at 4.273%, while the 2-year Treasury yield rose less than…

asiatimes.com - William Pesek - Markets losing faith in Prabowo's grasp of economic reality
Markets losing faith in Prabowo's grasp of economic reality
Asia Times

As economic bookmarks go, Indonesia's stock market enduring its worst rout since the 1997-1998 Asian financial crisis is as ominous as they come. Jakarta stocks are cratering as Southeast Asia's biggest economy gets caught skinny dipping, in the…

itweb.co.za - Staff Writer - Uber Eats, Gauteng govt initiative boosts township economy
Uber Eats, Gauteng govt initiative boosts township economy
www.itweb.co.za

More than 2 000 township businesses and 7 500 delivery partners have joined Uber Eats under the public-private digital economy initiative. Uber Eats and the Gauteng Department of Economic Development have marked a milestone in their township…

ocregister.com - Connor Okeeffe - Trump's embrace of economic leftism will destroy his legacy
Trump's embrace of economic leftism will destroy his legacy
Orange County Register

Getting your Trinity Audio player ready... In his second term, Trump is clearly focused on building his legacy. He is building a large new ballroom in the White House to leave his mark on the historic building. Similarly, he renamed the Kennedy…

seekingalpha.com - APAC Investment News - India Dropping Russian Oil Demonstrates How Attractive America's Markets And Economy Are
India Dropping Russian Oil Demonstrates How Attractive America's Markets And Economy Are
Seeking Alpha

The U.S.-India trade deal, if implemented, could provide significant tailwinds for global markets and pressure Russia's war financing. India's agreement to stop importing Russian oil and reduce tariffs on U.S. goods may boost American exports and…

afr.com - John Kehoe - The RBA can't mask Labor's economic errors
The RBA can't mask Labor's economic errors
Australian Financial Review

When Reserve Bank of Australia governor Michele Bullock inevitably increased interest rates on Tuesday against a backdrop of runaway government spending and weak productivity growth, she could have borrowed a frank warning from the incoming US…

foxnews.com - Rachel del Guidice - Palantir's Shyam Sankar: US must use AI as 'slingshot' against China or face economic defeat
Palantir's Shyam Sankar: US must use AI as 'slingshot' against China or face economic defeat
Fox News

Shyam Sankar, the chief technology officer and executive vice president of Palantir Technologies, told Fox News Digital in a new interview that the United States is in a competition with China when it comes to artificial intelligence and keeping…

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