Economy Industry News

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forbes.com - Vinod Bijlani - The Unit Economics Of AI: Why Datanomics Will Outweigh Tokenomics
The Unit Economics Of AI: Why Datanomics Will Outweigh Tokenomics
Forbes

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…

forbes.com - Erik Sherman - Home Prices Are Facing Their Own K-Economy
Home Prices Are Facing Their Own K-Economy
Forbes

ALTADENA, CALIFORNIA - AUGUST 18: Emma and Manuel Alvarado hold shovels during a groundbreaking ceremony for their new home rebuild, on the lot where their 52-year family home burned in the Eaton Fire, on August 18, 2026, in Altadena, California.

theguardian.com - Patrick Wintour - Iran's economy in crisis as US launches new sanctions campaign
Iran's economy in crisis as US launches new sanctions campaign
The Guardian

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…

bloomberg.com - Allison Schrager - The US Economy Depends on Thriving Cluster Cities
The US Economy Depends on Thriving Cluster Cities
Bloomberg

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…

bbc.co.uk - Ruth Comerford - AI could cause global economic downturn, Andrew Bailey warns G20
AI could cause global economic downturn, Andrew Bailey warns G20
BBC

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…

gizmodo.com - Ece Yildirim - Bank of England Governor Warns AI Represents Threat to the Global Economy
Bank of England Governor Warns AI Represents Threat to the Global Economy
Gizmodo | The Future Is Here

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…

forbes.com - Vasuki Shastry - As 'Super' El Niño Gains Momentum, Asian Economies Face Double Squeeze
As 'Super' El Niño Gains Momentum, Asian Economies Face Double Squeeze
Forbes

Palms are hit by strong wind and rain from Tropical Storm Hilary in the deserts of Southern California on August 20, 2023 in Palm Desert, California. More than 40 million people are under the first-ever Tropical Storm Warning issued for the area. A…

cnbc.com - Evelyn Cheng - CNBC's The China Connection newsletter: McKinsey's contrarian economic view
CNBC's The China Connection newsletter: McKinsey's contrarian economic view
CNBC

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 |…

theguardian.com - Jessica Elgot - More public control is only way to grow UK economy, Burnham to tell MPs
More public control is only way to grow UK economy, Burnham to tell MPs
The Guardian

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…

upi.com - Chey Tae-won proposes $6 trillion South Korea-Japan economic bloc
Chey Tae-won proposes $6 trillion South Korea-Japan economic bloc
UPI

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…

bloomberg.com - Nancy Cook - Bessent Takes Trump's Economic Pitch to a Skeptical G20
Bessent Takes Trump's Economic Pitch to a Skeptical G20
Bloomberg

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…

scmp.com - Keji Mao - Opinion | India needs to make up its mind about economic ties with China
Opinion | India needs to make up its mind about economic ties with China
South China Morning Post

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…

standard.co.uk - David Lynch - Kemi Badenoch replaces top Tory economic team in shadow Cabinet reshuffle
Kemi Badenoch replaces top Tory economic team in shadow Cabinet reshuffle
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Kemi Badenoch has replaced another member of…

thestandard.com.hk - The Standard 英文虎報 - Building the security layer for the digital economy | Market Pulse | HKTDC
Building the security layer for the digital economy | Market Pulse | HKTDC
The Standard

Digital insurance specialist OneDegree describes its services as the security layer of the future. The group has already established strong footholds in East Asia and the Middle East – regions where fintech tools and markets are gaining…

heraldscotland.com - Rose Moncur - Beer and pub industry supports thousands of Scottish jobs and £2.5bn economy boost
Beer and pub industry supports thousands of Scottish jobs and £2.5bn economy boost
The Herald

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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