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The Latest Breaking News from Economic Growth

Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?

South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robust AI spending plans from US tech giants boosted chip stocks. Samsung Electronics and SK Hynix climbed up to 6%, driving the benchmark higher after GDP expanded 0.6% in the April-June…

The Economic Times

PM orders tougher crime crackdown

Prime Minister Anutin Charnvirakul has ordered a tougher nationwide crackdown on crime, adding public safety is essential to economic growth.

Bangkok Post

Has Bitcoin (BTC USD) already bottomed? Grayscale reveals the key factors for crypto traders to watch

Bitcoin bottom alert: Bitcoin investors observe two distinct signals regarding its bear market. The historical four-year cycle suggests further price declines may occur soon. However, broader economic factors and Federal Reserve policy could now influence Bitcoin's trajectory. Some analysts believe Bitcoin may have already reached its market bottom.

The Economic Times

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Streeting says Burnham government will prioritise military over other spending

Defence secretary says he will give arms industry ‘clarity and confidence’ in contrast to row preceding Starmer’s exit

The Guardian - UK

Global developed market debt to hit record $75.8 trillion by end of 2026: Fitch

Government debt in developed nations will reach $75.8 trillion by 2026. This debt burden represents 104% of gross domestic product for these countries. Major global shocks and rising spending pressures contribute to this significant increase. Higher borrowing costs and defense budgets also add to the growing debt. Artificial intelligence may…

The Economic Times

A Hidden Fed Disconnect Could Become the Market's Biggest Risk

The biggest macro disagreement on Wall Street today isn’t about inflation or economic growth. It’s about the direction of interest rates.

Benzinga

JPMorgan's Jamie Dimon Warns Newly Sworn-In PM Andy Burnham Over Economic Plans

Jamie Dimon warns Andy Burnham that Britain needs stronger economic growth, as soaring debt, bond-market pressure and competing spending demands threaten the new PM's ambitious plans.

International Business Times UK

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Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for India

A US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPSEs. The government has already completed three of these recommended reforms. Difficult reforms involve land acquisition and bringing more sectors under GST. Further initiatives could accelerate India's global competitiveness.

The Economic Times

Global Market: Euro zone banks tighten credit standards amid geopolitical risks, ECB survey shows

Euro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, according to the ECB's latest Bank Lending Survey. While demand for business loans improved, lenders became more selective and expect credit conditions to tighten further in the coming months, reflecting persistent…

The Economic Times

Indonesia parliament passes bill to set up international financial centres

JAKARTA - Indonesia's parliament passed a law on Tuesday to enable the foundation of international financial centres designed to boost foreign investment in banking and wealth management, and bolster economic growth.

Bangkok Post

Global Market: China eyes faster national infrastructure spending to steady growth amid local investment slump

China is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local government investment and tighten spending oversight. Beijing plans significant spending on various infrastructure upgrades and high-tech industries. Local governments face debt constraints, limiting their investment capacity and borrowing. Central government responsibility…

The Economic Times

AI Responsible For Half Of 2026 US Economic Growth, Creating Unprecedented Concentration Risk

AI spending is powering U.S. economic growth in 2026, but concentration across stocks, bonds and infrastructure is creating new risks for investors.

International Business Times

JD Vance Says AI Could Create Massive Wealth but Calls for Workers to Have 'Some Power'

On Wednesday, Vice President JD Vance warned that artificial intelligence (AI) could unleash major economic growth but said workers must have a role in shaping the distribution of wealth created by the technology.

Benzinga

Corporate regulators told not to hinder nation's growth

Corporate regulators ASIC and APRA have been directed to prioritise economic growth and productivity, in new guidance provided by Treasurer Jim Chalmers.

AAP

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Bangkok Post

PM urged to strengthen tourism ties with China

With Chinese economic growth at a three-year low in the second quarter, the Association of Thai Travel Agents (Atta) has urged the government to discuss agreements with Beijing to strengthen affordable connectivity and bilateral tourism cooperation during this week's official visit.

Euronews

China's economic growth hits slowest pace in more than three years

China's economy grew 4.3% year on year in the second quarter, its weakest pace since late 2022, as weak domestic demand and a prolonged property downturn outweighed strong exports, increasing pressure on Beijing to provide more economic support.

The Independent UK

China’s economic growth slows to 4.3% as weak domestic demand offsets export boom

Slowdown driven by weak domestic demand and higher oil prices triggered by Iran war

The Economic Times

Global Market: China stocks hold steady despite GDP miss as investors shift to consumer, financial shares

Chinese stocks showed stability as investors shifted focus from technology to traditional sectors. Disappointing second-quarter economic growth data did not significantly impact market sentiment. Consumer and financial stocks saw gains while technology shares experienced profit-taking. Hong Kong equities outperformed mainland markets, supported by major technology companies. European investors maintain strong…

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MyLifeXP

Why Poland Thinks Only Modi Can Influence Putin

In global politics, very few leaders can speak to both sides of a conflict without being seen as biased. That is exactly why Poland's Deputy Foreign Minister has placed Prime Minister Narendra Modi in a unique position in the Russia-Ukraine war. His remarks have sparked a fresh debate across the…

The Economic Times

China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policy

China's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing analyst expectations and government targets. Industrial output showed strength while retail sales saw some improvement last month. However, property sector investment and broader investment remained under pressure. Lingering structural…

France 24

China's economic growth slows to weakest pace in over three years

Economic reports on Wednesday found that Chinese growth has sunk to the slowest pace in over three years. Despite benefitting from the global AI boom, the country has not managed to offset the slump due to a struggling property sector, drop in domestic spending and trade disruptions caused by the…

Bangkok Post

Luxury car sales likely to slow amid stricter lending

Thailand's premium and luxury car market is bracing for a slowdown as household debt, sluggish economic growth and stricter lending criteria weigh on consumer demand, says Performance Motors, a subsidiary of Malaysia-based Sime Motors and authorised dealer for BMW, Mini and Porsche.

The Economic Times

India's Purple Economy could add $150 billion to growth

India's Purple Economy offers a USD 150 billion market opportunity. This framework recognizes persons with disabilities as economic contributors. Inclusion drives market creation and economic growth for the nation. Businesses designing for inclusion will build stronger markets and talent.

Evening Standard

‘Big issue’ for UK is low economic growth, Bank of England boss warns Burnham

Andrew Bailey’s remarks come as the Labour MP is now guaranteed to be the successor of Sir Keir Starmer next week.

The Economic Times

US Stock Market: Dollar rally gains support as global pension funds unwind FX hedges, easing pressure on greenback

Major pension funds are reducing currency hedges, which supports the U.S. dollar's rally. This shift occurs as hedging costs rise due to widening U.S. interest rate differentials. The dollar has also regained its safe-haven status after recent global events. Higher U.S. rates and strong equity returns are underpinning the greenback…

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