Economy Industry News

A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

scmp.com - Resty Woro Yuniar - How wildfires are threatening Indonesia's economy and carbon market
How wildfires are threatening Indonesia's economy and carbon market
South China Morning Post

Forest and peatland fires raging across Indonesia are threatening to become more than an environmental emergency, with analysts warning that the thickening haze could weigh on economic activity, strain public health and test confidence in the…

theguardian.com - Patrick Commins - IMF downgrades Australian economic forecast amid fears of interest rate hike
IMF downgrades Australian economic forecast amid fears of interest rate hike
The Guardian

The International Monetary Fund has downgraded its forecast for Australia's economic growth in 2027, warning the Reserve Bank may have to hike interest rates further to get price pressures back under control. The IMF also called on federal and…

fastcompany.com - Fast Company Impact Council - 15 leaders on the economic indicators companies should watch
15 leaders on the economic indicators companies should watch
Fast Company

If you're only focused on a few economic metrics to run your business, you may miss what's right in front of you that can help you course correct and drive growth. Some useful economic indicators don't show up in financial news. Others get media…

scmp.com - Shaoshan Liu - Opinion | Why Russia's AI-powered economic future lies in its Far East
Opinion | Why Russia's AI-powered economic future lies in its Far East
South China Morning Post

I attended this year's Eastern Economic Forum in Vladivostok and took part in a dialogue on technological development. There, I had a deep discussion with Maxim Oreshkin, Russia's deputy chief of the presidential executive office, who co-chairs the…

bloomberg.com - Nasteho Said - Australia's Housing Slump to Slow Economy, Assist RBA, HSBC Says
Australia's Housing Slump to Slow Economy, Assist RBA, HSBC Says
Bloomberg

Australia's housing downturn is set to weigh on economic growth and help the Reserve Bank in its campaign to drag inflation back to its 2-3% target band, according to HSBC Holdings Plc. HSBC's Paul Bloxham pointed to a series of channels through…

washingtonexaminer.com - David McIntosh - Taxing unsold crypto isn't policy - it's economic sabotage
Taxing unsold crypto isn't policy - it's economic sabotage
Washington Examiner

For the better part of a decade, Washington has tried to force 21st-century financial technology into a tax code built for another era. The results are predictable: confusion, unnecessary compliance costs, arbitrary tax treatment, and a bureaucracy…

businessinsider.com - Katherine Li - The Fed hiked rates for the first time in years. Here's what smart people in economics say comes next.
The Fed hiked rates for the first time in years. Here's what smart people in economics say comes next.
Business Insider

Justin Wolfers, a professor of public policy and economics at the University of Michigan, wrote in a post on X that markets would be glad that the rate hike decision means Warsh is 'more of a Serious Kevin than a Sockpuppet Kevin.' 'Silent Kevin…

thestandard.com.hk - The Standard 英文虎報 - First Five-Year Plan | Advance 'Finance+' to support real economy, set up $10b Innovation and Technology Industry-Oriented Fund
First Five-Year Plan | Advance 'Finance+' to support real economy, set up $10b Innovation and Technology Industry-Oriented Fund
The Standard

Chief Executive John Lee Ka-chiu outlined six areas to push forward 'Finance+' with aims to serve the real economy in Hong Kong's first Five-Year Plan on Wednesday, including promoting patient capital and venture capital investments in…

thestandard.com.hk - The Standard 英文虎報 - First Five-Year Plan | 14 KPIs for HK's economy, innovation, and infrastructure
First Five-Year Plan | 14 KPIs for HK's economy, innovation, and infrastructure
The Standard

Chief Executive John Lee Ka-chiu revealed a total of 14 major indicators for Hong Kong's future economic, innovation, and infrastructure development in the city's first Five-Year Plan on Wednesday. SCROLL TO CONTINUE WITH CONTENT Real Gross…

independent.co.uk - Andrew Feinberg - President Trump-splains economy to Fed in rant after interest rate hike
President Trump-splains economy to Fed in rant after interest rate hike
The Independent

President Donald Trump on Wednesday slammed the Federal Reserve after the central bank raised its benchmark rate for the first time in more than three years with a nonsensical rant in which he lectured the bank on how to run monetary policy…

fortune.com - Catherina Gioino - America's bedrot era: how the dopamine recession created the 'couch economy'
America's bedrot era: how the dopamine recession created the 'couch economy'
Fortune

You've been there. You're on the couch, and the kitchen might as well be a mile away. Cooking is out of the question, let alone walking to pick up takeout. So, you order delivery instead because it's three taps away on your phone. Welcome to the…

yale.edu - Eli Fenichel on nature as an economic asset
Eli Fenichel on nature as an economic asset
Yale University

What do declining bat populations have to do with the economy? At first glance, very little: biodiversity loss is often viewed as a narrow environmental concern. But bats consume a vast amount amount of insects each day – possibly their own…

cnbc.com - Alex Harring - Science fiction': Transport companies - the backbone of economy - are sounding alarm on fuel prices
Science fiction': Transport companies - the backbone of economy - are sounding alarm on fuel prices
CNBC

Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of about $6.31 per gallon on Wednesday. Diesel prices have surged more than 70% from a year ago due to the U.S. war with Iran. Transportation companies…

zerohedge.com - Tyler Durden - BRICS Summit Takes Aim At US Influence Over The Global Economy
BRICS Summit Takes Aim At US Influence Over The Global Economy
Zero Hedge

BRICS demanded greater developing-country influence at the IMF, World Bank and WTO but avoided directly naming the United States in its criticism. The declaration urged “maximum restraint” in the Middle East and made no mention of…

aljazeera.com - Megha Bahree - US Fed raises interest rates as inflation weighs on economy
US Fed raises interest rates as inflation weighs on economy
Al Jazeera

The United States Federal Reserve has said it will raise interest rates by a quarter of a percentage point as inflation, driven by soaring fuel prices amid the US-Iran war, continues to weigh on the economy. The Fed, which is the central bank of…

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