Economy Industry News
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Indonesia Shows How Ghosts Of 1997 Are Haunting Global Economy
If investors have learned one thing about Indonesia, it's that when Southeast Asia's largest economy makes global headlines, the news is rarely good. The classic case is 1997. The Asian financial crisis may have ignited in Thailand that July, but…
Inside SpaceX's Orbital Economy: AI Data Centers And Wireless Power
For some, SpaceX's initial public offering (IPO) of shares on the Nasdaq stock index this week appears to be all about rockets. After all, the company has built its reputation launching satellites on its reusable Falcon 9 rockets, shuttling crew…
Heat Pumps and the Economics of Clean Heating
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
UK economy set to show Iran war impact in April from surging fuel prices
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. Britain's economy is expected to show signs of an impact…
Global Economy Stuck In Slow Lane As Advanced Economies See Falling Demand For Services
Survey data indicate that the war in the Middle East continued to subdue global economic growth in May. The PMI readings are broadly indicative of global GDP growth running at an annualized 2.5% rate over the past two months, down from around 3% at…
US economy is looking stronger, but Americans don't agree
With consumer spending robust and consecutive employment reports coming in ahead of expectations, many have been left surprised by the apparent strength of the U.S. economy in the face of external pressures. “Resilience” has been the…
An Unwarranted War, a Global Economic Drag
When the US-Iran conflict escalated earlier this year, the immediate concern centered on oil prices and the Strait of Hormuz. But the real danger was never confined to crude oil. The crisis has evolved into a broader energy, logistics, fertilizer…
China joins Macron-led video call in rare economic talks ahead of G7 summit in France
Chinese Vice Premier Zhang Guoqing will attend a video conference hosted by French President Emmanuel Macron on global economic imbalances on Thursday, days before G7 countries meet in France to discuss how to deal with waves of low-priced Chinese…
Hong Kong firms sign 6 deals to support Kazakhstan's new hi-tech, economic hub
Hong Kong's business community has signed six agreements with Kazakhstan to support the development of the country's new hi-tech and economic hub, as Chief Executive John Lee Ka-chiu positioned the city as the project's gateway to global capital…
Fortune Tech: The space economy, scientific superintelligence, Anthropic hiring traits
Good morning. How should we rebuild society for an intelligent age? Top execs at Fortune Brainstorm Tech in Aspen weren't in agreement on the solutions—but the problems were crystal clear. There's too much fear, founded or not, about AI for…
YouTube creators pump $2.3 bil. into Korean economy, report says
YouTube's creator ecosystem contributed more than 3.5 trillion won ($2.3 billion) to Korea's gross domestic product in 2025 and supported an equivalent of over 85,000 full-time jobs, according to the YouTube Impact Report 2025 released Thursday.
Greene rips Trump's economy: 'MAGA used to call this Biden inflation'
Former Rep. Marjorie Taylor Greene (R-Ga.) slammed President Trump over the economy and inflation on Wednesday, saying the U.S. was “IN DECLINE.” “Unbelievable!! Here is exactly what Trump's war on Iran, costing billions…
As Inflation Continues, a K-shaped Economy Remains Steadfast
As consumer prices in May rose 4.2 percent on an annual basis, the highest level seen in three years, according The Consumer Price Index (CPI) report released on Wednesday, the data unfortunately reveal that inflation is not subsiding anytime soon.
Lee says depending on US for defense no longer valid, will boost economic ties
President Lee Jae Myung said Korea's traditional reliance on the United States for defense is no longer valid and that the country will seek to become a partner capable of self-reliant defense. Seoul will also work to expand its economic…
Why are Republicans and Democrats abandoning economic freedom?
Politicians promise they'll 'help' us. President Donald Trump says he'll 'create the jobs and future you deserve.' President Joe Biden liked to say, 'Help is on the way.' I prefer President Ronald Reagan's: 'The nine most terrifying words in the…
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