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India Is Building The Electric Economy Without The Fossil Detour
Moonrise over south central Mumbai - the financial capital of India. That was the Western path. It was also China's path, compressed into one of the most extraordinary industrial transformations in history. But a new analysis from Ember, written by…
The Federal Reserve Can't Boost The Economy, But Microsoft Can
SAN FRANCISCO, CALIFORNIA - NOVEMBER 06: Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. Altman delivered the keynote address at the…
IMF lauds resilient Hong Kong economy but warns of risks linked to Mideast war
The International Monetary Fund (IMF) has lauded the resilience of Hong Kong's economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating…
Map shows foreclosure rates in each state as Trump faces economic questions
Foreclosure filings across the country surged 18 percent in April from a year earlier, according to the latest data from real estate and property data provider ATTOM, as Americans struggle to keep up with their mortgage payments in the midst of…
From Team Reeves to Manchesterism: Labour's four economic camps explained
Wes Streeting may not have launched a leadership challenge against Keir Starmer, but he has called for a “battle of ideas” about the government's future direction. When it comes to economic policy, there are (at least) four…
Stephen Miran, Trump's economic guru, is leaving the Fed. What happens now?
Stephen Miran's departure from the US Federal Reserve Board of Governors will smooth the leadership transition to incoming chair Kevin Warsh, but his exit is unlikely to alter the central bank's policy trajectory, analysts said. The move is also…
China's Multiple Economies Make Factory Dominance Hard to Crack
It's not just China's sheer size that makes competing against its manufacturers so hard — but also the nation's vast disparity in development. That's according to new research from the China Finance 40 Forum, which said China effectively…
Indian economy: Why Modi wants Indians to buy less gold and travel less
Soutik Biswas and Nikhil Inamdar As the war in Iran drags into its third month with no clear end in sight, Prime Minister Narendra Modi is asking Indians to tighten their belts in ways not seen since the pandemic. Work from home if possible, he…
Vietnam's power bill hides a market economy lie
The proposal to gradually pass nearly 45 trillion dong (about US$1.8 billion) in accumulated losses from Vietnam Electricity (EVN) into future electricity prices reveals a deeper contradiction at the center of Hanoi's economic strategy. For years…
Here's Why Surging AI Stocks Are Outpacing Economic Reality
One story that matters each week, explained in five minutes. One story that matters each week, explained in five minutes. Here's Why Podcasts • Browse all episodes The Iran war is causing unprecedented disruption to global energy supplies…
Economic Chiefs Express Concern over Samsung Strike, Call for Dialogue
The heads of the government's four major institutions responsible for determining economic policy have expressed concern over the possibility of a strike at Samsung Electronics and hope of a resolution through dialogue. Deputy Prime Minister and…
How Global Economic Power Shifted In The Last 10 Years
The global economic order has shifted dramatically over the last decade, with countries reshuffling positions amid inflation shocks, geopolitical tensions, pandemic disruptions, and the rapid rise of AI-driven industries. This graphic, via Visual…
NPR Decries 'Economic Chilling Effect' of Trump's Illegal Migrant Crackdown
Don't cure cancer because it would devastate the cancer industry! Don't improve healthcare access because you'll hurt the funeral industry! That's the kind of brain hurt logic NPR employed to decry President Donald Trump's crackdown on illegal…
Opinion | 3 ways to build Hong Kong's yacht economy beyond infrastructure
Hong Kong is in a unique position to capitalise on yacht tourism – with over 1,000km of coastline and more than 200 islands, this natural advantage is something few international cities can match. Recent policy initiatives, ranging from new…
Thai PM Gathers Tycoons for Rare Economy Talk Amid Crisis Alarm
Thai Prime Minister Anutin Charnvirakul is set to host some of the country's top billionaires and industry titans for a rare discussion on the economy, which is facing “a wave of crises” triggered by the Middle East conflict. Gulf…
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