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The Latest Breaking News from Economy

Why immigration remains strong for Trump among Republicans, according to a new AP-NORC poll

Donald Trump's immigration approval has slipped to 39%, but it remains his strongest issue among Republicans, outpacing the economy and Iran, according to a new AP-NORC poll despite ongoing enforcement controversies.

The Economic Times

Why has Trump stepped in to prop up Japan’s currency?

The US has bought up yen to strengthen the currency for the first time in almost 30 years, with the moves raising questions about America’s motives

The Guardian - AU

Global Market: China's central bank vows timely policy adjustments, backs panda bond market

China's central bank has pledged to adjust its monetary policy tools in a timely manner while maintaining an appropriately loose policy stance to support the economy. The PBOC also reaffirmed its commitment to ensuring ample liquidity, deepening financial market reforms and addressing local government debt risks as growth momentum weakens.

The Economic Times

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China factory growth slows to 4-month low in July, survey shows

China's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export orders returned to growth. Firms added staff at the fastest pace since August 2023, and purchase stocks increased. Input price inflation slowed to a six-month low, and output…

The Economic Times

Trump says US backed Japanese yen in rare currency intervention

President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in…

France 24

At least 14 dead as Ukraine and Russia exchange strikes

At least nine people were killed in Russia and five in Ukraine on Sunday as Kyiv and Moscow intensified long-range attacks on each other. US-led talks on ending the war in Ukraine have been effectively frozen since February, when the United States and Israel launched joint strikes on Iran.

France 24

'Low-Hire, Low-Fire Economy': Fresh Wave of Mass Layoffs Hits Amazon, Walmart and FedEx Workers

A new wave of US layoffs is scheduled for August, with Amazon, Walmart, FedEx and more than a dozen other employers filing official WARN notices despite a labour market that remains outwardly resilient.

International Business Times UK

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Indian companies build inventories amid rising commodity prices, supply chain risks: Report

Indian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodity price increases and supply chain disruptions. Resilient consumer demand has been evident in company earnings reports for the April-June quarter. Banking, capital goods, and select IT firms showed better-than-expected quarterly performance.…

The Economic Times

I drove the GMC Yukon Denali and Chevrolet Tahoe for a week — here’s the massive 3-row SUV I recommend

After spending a week with both the GMC Yukon Denali and Chevrolet Tahoe, there's a clear difference between these massive SUVs.

Tom’s Guide

Stock market turmoil sheds stark light on the opaque AI economy

Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakers

The Guardian - UK

More dialogue needed between youth & policymakers as AI creating uncertainty about jobs: Ex - NITI Aayog VC

Former NITI Aayog Vice Chairman Rajiv Kumar urged policymakers to engage with India's youth. He highlighted youth frustration over job prospects due to Artificial Intelligence advancements. Kumar stressed India must grow above eight percent to achieve upper-middle-income status. He advocated for state-specific export policies to boost manufacturing and employment. Strengthening…

The Economic Times

Scottish wind farms paying £1 billion to foreign shareholders

CHINA’S government and an investment vehicle based in the Cayman Islands are among a group of foreign owners whose Scottish wind farms have paid…

The National (Scotland)

Crimson Desert adds 133 new trading posts and overhauls the in-game economy with supply and demand

Dust off the old wagon.

PC Gamer

Crimson Desert update overhauls the game's economy with 133 new trading posts and trade goods that change in price

Pearl Abyss adds more ways to get rich quick

GamesRadar

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The Economic Times

Taiwan's economy grows by almost 13% on AI demand

Taiwan's exports surged 21.6% year-on-year in the second quarter, which was "mainly driven by the sustained strong external demand for artificial intelligence (AI) and related evolving applications", the statement said. Imports over the same period grew by 18.3% from a year ago.

The Guardian - UK

ECB official warns climate crisis poses growing threat to ‘core financial stability’

Exclusive: As wildfires rage across Europe, Frank Elderson tells the Guardian nature loss poses a growing risk to the global economy

The Independent UK

Trump adviser says Americans are ‘optimistic’ about economy despite poll findings

IN FULL

Bangkok Post

Asian shares revive as AI spending anxiety eases

RECAP: Asian markets rallied yesterday following gains on Wall Street, with South Korea's battered market making a ‌record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.

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news in one place.

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Bangkok Post

Waste into wealth: A regenerative path

Waste is often seen as the inevitable by-product of economic growth. In reality, it may become one of the most valuable resources economies possess.

International Business Times

The U.S.'s Continued Strikes Are Battering Iran's Economy. Blackouts and Shortages Spread Across the Country.

Iranian citizens' day-to-day has been impacted further after the Trump administration widened its list of military targets beyond conventional defense sites to include infrastructure considered vital to the country's economy.

The Independent UK

Trump’s top financial guru says economy ‘looks amazing’ – despite countless polls saying Americans are worried

National Economic Council Director Kevin Hassett insists outlook is positive, dimissing new survey’s finding that 77 percent of voters believe the nation’s financial health is poor

The Conversation

Britain’s quarter century: wealth and widening inequality

In this second part in our series on how the UK has changed in the past 25 years, we look at the finances of both the nation and individuals, before turning to housing and business.

International Business Times UK

'Literally Sleepwalking': White House Insider Leak Expose Donald Trump's Alleged Severe Cognitive Decline

Former Trump aide Alyssa Farah Griffin says White House insiders fear Donald Trump is 'sleepwalking' into a midterm disaster as his approval ratings plunge.

The Economic Times

Who gets faster Internet? India's net world may soon have first class and economy

India is reviewing its net neutrality rules to allow 5G network slicing, a move that could let telecom operators offer premium connectivity with guaranteed speed, latency and reliability. The policy shift could transform industries from healthcare to manufacturing while raising concerns about a two-tier internet where businesses and consumers pay…

MyLifeXP

New Toyota Fortuner Is Coming in India : The Biggest Upgrade Yet?

The best-loved Toyota SUV in India has always been the Fortuner, the company is all set to launch an all-new one. After the Hilux has seen the light of day with just minor changes, all eyes are on Toyota's other SUV model to see if it also follows suit with…

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