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The Latest Breaking News from Economy

US households, businesses stung by higher energy prices that have pushed inflation above 4%

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

AAP

Riyadh Air launches first ever commercial flight – this is everything we know about Saudi Arabia’s brand-new airline

Inside the new Boeing planes that will connect Riyadh, Manchester and London

The Independent UK

Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break

Core inflation stayed tame, easing hawkish worries at the Fed.

Fortune

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South Africa’s jobs crisis: what 10 years of tax data tells us

It’s time South Africa faced up to an honest question: what if the formal economy can’t deliver the jobs that are needed?

The Conversation

Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok Chandra

Private sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned nearly Rs 4 lakh crore in corporate loans last fiscal year. This trend continues, with sanctions expected to exceed Rs 4 lakh crore this year. This indicates growing confidence in the Indian…

The Economic Times

Surge in use of weight loss jabs hitting supermarket sales

The rise of the “small appetites” economy as consumers slim down

The Independent UK

Income tax burden reduction over 12 years reflects 'Ramrajya', government says

A government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like GST and Digital India. These initiatives have built public trust and supported India's journey towards becoming a USD 5-trillion economy. Increased taxpayer confidence fuels investment in national development.

The Economic Times

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Germany: growth halves as state drives investment

The energy shock is further slowing economic growth and fuelling prices. The DIW institute has halved its growth forecast. Fiscal expansion may soften inflation but cannot fully offset it.

Euronews

BFSI’s new trust economy: Why privacy is the quietest driver of growth

With India's DPDP framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with support from HabileLabs.

The Economic Times

A question for Nigel Farage – why is your nationalist party so obsessed with destroying British jobs?

Claims that our prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of course, says Guardian columnist George Monbiot

The Guardian - UK

India's exporters built a $420 billion services economy. This is the award they deserve.

The Payoneer India Cross-Border Excellence Awards 2026 offer Indian exporters the most consequential opportunity to get recognised this year. Here’s why it matters, and why you should not let it pass.

The Economic Times

Stock-pay boom amplifies US economic drumbeat: Mike Dolan

Rising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensation (SBC) now constitutes a significant portion of pay. This trend, which has transformed high-skilled labor into 'human capitalists,' may be a key factor in the economy's resilience despite broader uncertainties, as it boosts…

The Economic Times

'When you zoom out, things look very good;" Vikas Khemani on the India story every investor needs to hear now

India has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlighted robust digital and physical infrastructure, alongside regulatory reforms. With a young demographic and a diversified economy, India is poised for significant wealth creation, particularly in manufacturing, financials, consumption,…

The Economic Times

Modi Nears Nehru’s Record: The Economic Truth Nobody Talks About

Twelve years ago, India stood at a crucial crossroads. Growth was slowing, infrastructure gaps were visible, and millions remained outside the formal economy. Today, as Prime Minister Narendra Modi prepares to surpass Jawaharlal Nehru's record as India's longest-serving continuously elected Prime Minister, the country looks dramatically different. The numbers tell…

MyLifeXP

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The Economic Times

China's Xi says he reached important consensus with Kim in North Korea visit, KCNA reports

Chinese President Xi Jinping and North Korean leader Kim Jong Un have agreed to safeguard regional and global peace. Their recent visit to Pyongyang marked a new historical stage for bilateral ties. Both leaders pledged to deepen cooperation across politics, economy, and culture. They also committed to closer strategic communication…

The Independent UK

Trump’s handling of the economy hits a new low with Americans, says poll

Americans are struggling to fill up their cars with gas and put food on their kitchen tables

AAP

SUNRATE Unveils Sunrate.AI, Defining Agentic Global Payments

SINGAPORE, June 10, 2026 /PRNewswire/ -- SUNRATE, the global payment and treasury management platform, today unveiled Sunrate.AI at SuperAI, defining 'Agentic Global Payments' — a new category of AI-native global payment infrastructure built to automate and manage complex enterprise workflows. As the global economy becomes increasingly real-time and multi-market, traditional…

Bangkok Post

Pundit: Define your outcome, then use tech

Thailand should develop clear business goals and a method for measuring outcomes that integrates artificial intelligence (AI) into the economy rather than buying AI platform licences and giving them away for free, say economists.

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Bangkok Post

C.P. Land expands amid strong provincial demand

C.P. Land, a property developer owned by the Chearavanont family, is continuing to invest in and launch new residential projects in provincial markets, citing resilient purchasing power despite the sluggish economy.

Bangkok Post

TH-AI Passport public hearing 'not a whitewash'

Patchara Anuntasilpa, permanent secretary of the Ministry of Digital Economy and Society (DES), has dismissed claims that the public hearing on the TH-AI Passport project was intended to "whitewash" the initiative.

The Conversation

Climate change has already made Australians in one state much poorer, and more’s to come

The world’s hottest years over the past decade have coincided with stagnant economic productivity, rising prices and geopolitical instability.

The Economic Times

India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks

India's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to maintain economic growth despite rising fuel and fertilizer import costs. Domestic consumption remains strong, providing a buffer against external challenges. The government is also working to deepen capital markets and attract…

The Conversation

Why the EU economy should embrace digital currencies to become less dependent on the US

Compared to other parts of the world, the EU on the whole has been fairly reluctant to embrace digital economic innovation. The bloc has been suspicious of cryptocurrencies, and treated them as a potential threat to a financial system where stability is paramount.

The Economic Times

CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the will

India's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. New-economy sectors are attracting private capital due to clear demand. Energy prices are the single most important indicator to monitor for the economy's future performance. This outlook suggests continued economic progress.

The Economic Times

GDP growth momentum intact, no need for additional borrowing so far: Govt sources

India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth momentum. Government sources indicate no immediate need for extra borrowing. Disinvestment and asset monetisation are being pursued to boost non-tax revenue. Macroeconomic data will be reassessed in July. Reforms to boost foreign investment…

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