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Ministry and agency tax system reform requests focus on economic strength
Government agencies and ministries have submitted their tax system reform requests for fiscal 2027, including measures aimed at realizing a strong economy, as advocated by the administration of Prime Minister Sanae Takaichi, such as spurring…
The Unit Economics Of AI: Why Datanomics Will Outweigh Tokenomics
Vinod Bijlani is an AI practice leader at Hewlett Packard Enterprise. Over the past two years leading enterprise AI programs across Asia Pacific, one pattern has become impossible for me to ignore: The organizations I see spending the most…
Iran's economy in crisis as US launches new sanctions campaign
For many Iranians, the new US sanctions campaign, called Operation Economic Outcast, seems superfluous given the grim economic situation in their country. Iranians are facing runaway food inflation, closed petrol stations and a seemingly…
John Healey unveils new actions to stop Russia's evasion of economic sanctions
John Healey has announced new actions to clamp down on Russia 's evasion of economic sanctions as he called on international allies to help “disrupt the financial networks fuelling Russia's aggression”. The new Chancellor used his…
The US Economy Depends on Thriving Cluster Cities
Even more so than usual, Hollywood's future is uncertain. For decades the Los Angeles economy revolved around the film industry, but now more movies and shows are filmed elsewhere, driven or lured away by high expenses or tax incentives. The…
AI could cause global economic downturn, Andrew Bailey warns G20
The governor of the Bank of England has warned G20 finance ministers that artificial intelligence could cause a global economic downturn and pose a significant cyber security risk to financial systems. Andrew Bailey said any collapse of growth in…
Bank of England Governor Warns AI Represents Threat to the Global Economy
The governor of the central bank of the United Kingdom is worried that AI's potentially catastrophic economic impact can spread across borders. “For the financial system, the most immediate concern is the potential impact of frontier AI on…
Ukraine war briefing: Pressure stays on Russian economy until war is over, says Bessent
No economic relief for Russia is possible until its war in Ukraine ends, the US treasury secretary, Scott Bessent, has told a Russian counterpart. Bessent met with Anton Siluanov, the Russian finance minister, at a G20…
CNBC's The China Connection newsletter: McKinsey's contrarian economic view
China has become more challenging for foreign business. McKinsey's Joe Ngai says part of the disappointment is due to a rare 20-year success story. Chinese companies are now so competitive they can't be ignored. Cheng Xin | Getty Images News |…
Chey Tae-won proposes $6 trillion South Korea-Japan economic bloc
Aug. 31 (Asia Today) -- South Korean business leader Chey Tae-won proposed closer integration between South Korea and Japan to create what he described as a combined economic market worth more than $6 trillion. Chey, chairman of the Korea Chamber…
More public control is only way to grow UK economy, Burnham to tell MPs
Andy Burnham will drive home his pledge to bring more essential services back into public control, telling MPs in the Commons on Tuesday that it will be the only way to improve growth across the country. Burnham will address the house for the first…
Bold economic leadership needed to save iconic California industries
California's wine industry is in trouble — and it's not alone. Several industries that are at the core of California's economy — and our identity — are confronting the greatest challenges they have ever faced. The wine industry…
Bessent Takes Trump's Economic Pitch to a Skeptical G20
I'm Nancy Cook, Bloomberg's senior national political correspondent, and each weekday I'll be coming to you with inside-the-room reporting and insights that reveal what's really happening in Washington — and how it impacts you. Email me with…
Opinion | India needs to make up its mind about economic ties with China
As India prepares for the Brics summit less than two weeks away, relations with China are warming up. On July 22, Indian External Affairs Minister Subrahmanyam Jaishankar met his Chinese counterpart Wang Yi during the East Asia Summit; five days…
Beer and pub industry supports thousands of Scottish jobs and £2.5bn economy boost
The report highlights the importance of pubs, breweries and beer-related businesses across Scotland, from major cities to rural and island communities. It also found that the sector plays a particularly significant role in providing employment…
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