Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Economic Dilemma Destined To Crash The Market (NYSEARCA:SPY)
The term 'K-shaped economy' seems to describe multiple facets of our economy and our stock market. A K-shaped economy introduces significant fragility and downside risk, however. Specifically, a dilemma arises out of the K-shaped economy we…
How Smart Companies Use Economic Moats To Thrive In Volatile Times
Anil Chintapalli, Managing Partner, Human Capital Development, & Senior Advisor to McKinsey & Co. Like bad weather, volatility in financial markets is a given. Yet the response to volatility separates companies that can weather an economic…
How China's service economy shift could make it the world's No 1 consumer market
Mainland China, already a manufacturing powerhouse, has the potential to become the world's largest consumer market within the next 10 to 15 years, driven by consumer spending on services where Hong Kong maintains a distinct competitive advantage…
The return wave: why UK economic strain and political volatility are driving Hongkongers back
A wave of Hong Kong emigrants is expected to return home from the United Kingdom, as a recent survey revealed that only 22 percent of surveyed British National (Overseas) families intend to “definitely stay in the UK.” A large…
Do heat waves damage the economy? Experts explain
A heat wave blanketed a vast swathe of the United States over the 4th of July weekend, threatening the health of tens of millions of people and the power supply for thousands of homes. A lesser-known risk of extreme heat, meanwhile, may hammer…
How the Global Economy Became the World's Most Dangerous Battlefield
The twenty-first century has introduced a form of confrontation that rarely appears on television screens, is seldom announced through diplomatic declarations, and almost never begins with the spectacle traditionally associated with war. Its…
Economy May Take 2 To 3 Months To Return To Normal
'The real shock is going to be from a deficient monsoon.' 'The biggest immediate risks are the weakening rupee and delayed fuel price corrections.' 'A weak monsoon could become a bigger economic shock than higher oil prices.' 'Why complain about…
31% of teenage girls aged 16 to 18 'have recently experienced economic abuse'
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. About one in three (36%) girls and young women aged 16 to…
The best pronatalist policy isn't economic. It's Usha Vance's wardrobe
One of the most striking findings in the report is that public figures appear to shape fertility aspirations, particularly among women. The researchers asked nearly 4,800 Americans to identify the public figure they most admired, then compared that…
Emerging Markets Show Greater War Resilience To Outpace Advanced Economies
Survey data indicated that global economic growth picked up in June amid improved news out of the Middle East. Output growth across the advanced economies accelerated in June to the fastest since February, but with the UK and Canada bucking the…
Economy on recovery track despite manufacturing setback due to chip boom: KDI
SEJONG — The Korean economy remains on the recovery track as gains from the booming chip industry offset the slowdown in the overall manufacturing sector, a state-run think tank said Wednesday. 'Korea's economy remained on a modest recovery…
Digital spending holds firm despite economic pressures hitting consumers
PayInc said 186.8 million electronic transactions were processed during June, up 11.6% from a year earlier. South Africans continued to embrace digital payments in June despite economic activity weakening for a second consecutive month. This…
Iran's economy faces long road to recovery as fragile truce tested
Tehran, Iran – Three weeks after Iran and the United States signed a memorandum of understanding to extend their ceasefire, their truce remains fragile. Three tankers have been hit in the Strait of Hormuz over the past two days, even as Iran…
![koreatimes.co.kr - Sultanova Khadizha - [ECONOMIC ESSAY CONTEST] The future of AI in finance: Building trust before fraud happens](https://newsimg.koreatimes.co.kr/2026/07/06/1a4c5ffc-4de6-44a7-8de9-e33d105fddcf.jpg)
[ECONOMIC ESSAY CONTEST] The future of AI in finance: Building trust before fraud happens
A few months ago, I received a call from an unknown number, and the caller identified himself as a government agency in Korea. As an international student, I often deal with unfamiliar bureaucracy and calls, so everything seemed quite convincing.
![koreatimes.co.kr - Ko Kyung-hwan - [ECONOMIC ESSAY CONTEST] AI in financial services: Efficiency is not enough](https://newsimg.koreatimes.co.kr/2026/07/06/9ab7d14d-5122-4b87-97b7-425a971bf6cc.jpg)
[ECONOMIC ESSAY CONTEST] AI in financial services: Efficiency is not enough
The financial industry has embraced artificial intelligence (AI) with remarkable speed. Algorithms approve loans in seconds, chatbots resolve complaints around the clock and fraud detection systems process billions of transactions daily. By almost…
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