Economy Industry News
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Opinion | As Hong Kong recalibrates, the blue economy offers an anchor
Last month, Hong Kong completed its first green methanol bunkering operation, a significant step in its efforts to support the decarbonisation of global shipping. As the maritime industry accelerates its transition towards cleaner fuels, this…
Democrats see bright spot in economy ahead of midterms
Voters are starting to trust Democrats more on the economy, offering a potential opening for the party to regain ground on kitchen-table issues ahead of November's midterms. For the first time since 2010, Americans say they trust Democrats more…
Musk Vs Altman Trial Tests What Compute Economics Already Decided
ANKARA, TURKIYE - MARCH 14: In this photo illustration, the logo of 'OpenAI' is displayed on a mobile phone screen in front of a computer screen displaying the photographs of Elon Musk and Sam Altman in Ankara, Turkiye on March 14, 2024. (Photo by…
5 charts show what the economy looked like under Powell's Federal Reserve
It's Jerome Powell 's curtain call. The Federal Reserve chair's term is set to end on May 15 after eight years leading the central bank, making this week's Fed meeting his last in the post. Trump nominee Kevin Warsh is likely to be greenlit by the…
Russia's War Boom Masks an Economic Implosion
Earlier this year, the Alabuga industrial complex in Russia's Tatarstan region released a series of job recruitment ads aimed at Russian teenagers. The company promised the children full-time wages significantly above the national average to…
More Americans fear for their economic situation today than in the 2008 recession
More Americans are worried about their financial situation today than they were during the economic devastation of the 2008 Great Recession. More than half of U.S. adults (55 per cent) say their financial situation is getting worse, according to a…
Extreme Heat Takes a Toll on India's Economy and People
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
Developing | China's Politburo steps up policy response as Iran war shakes global economy
China has vowed to take a holistic approach in responding to external shocks and safeguarding the country's energy security, as fallout from the US-Israel war on Iran continues to spread across the global economy. The country's top leadership also…
Morocco's new model economy
CASABLANCA — In 2023, Morocco crossed a critical threshold when the value of its automobile exports surpassed its revenues from phosphates, the mineral resource that had anchored the country's economy for at least a century. Defying…
Tuesday's Economic Calendar
The Federal Open Market Committee meets eight times a year to determine the near-term direction of monetary policy. The S&P CoreLogic Case-Shiller home price index tracks monthly changes in the value…
Moody's flags resilience in China economy, moves outlook to 'stable
Credit ratings agency Moody's on Monday revised China's outlook to 'stable' from 'negative', citing resilient economic and fiscal strength despite ongoing domestic pressures and challenges in trade and geopolitics. SCROLL TO CONTINUE WITH CONTENT…
Tata UK Boss: Intelligent networks underpin the AI economy
Keir Starmer's government is pinning its hopes on AI to deliver an ambitious growth agenda. Yet, for many in the private sector, the 'AI revolution' is hitting a digital wall. A recent study reveals that 29 per cent of UK businesses find AI…
Maharashtra Police: Tackling Cybercrime And Economic Offences
Maharashtra Chief Minister Devendra Fadnavis is urging the state police to bolster their capabilities in combating cybercrime and economic offences to maintain law and order. Maharashtra CM Devendra Fadnavis urges police to enhance preparedness…
Iran's economy has been battered. Its leaders still think Trump will blink first
In the heartland of Iran's famed carpet-making industry, manufacturing has ground to a near halt. Dairies struggle to find packages for milk and butter. Giant steel mills that once drove Iran's economy have gone silent. Hundreds of thousands have…
How the Visayas regional economies fared in 2025
CEBU, Philippines – Western Visayas was the Philippines' fastest growing regional economy in 2025 followed by Caraga in Mindanao, and Negros Island Region (NIR), latest data from the Philippine Statistics Authority (PSA) showed. At a press…
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