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The Latest Breaking News from Economy

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 Conversation

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…

The Economic Times

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Here are 10 ways a ‘super’ El Niño could impact the planet

The climate phenomenon is intensifying an already unequal global economy

The Guardian - US

‘Electrify daily life’, urges Cop31 host

A third of world’s energy needs should come from electricity by 2035, says Turkish minister Murat Kurum, as he sets out priorities priority for this year’s UN climate summit

The Guardian - UK

German industrial output rises for the first time this year but is still 'too little'

An uptick of 0.4% in Germany's April factory output and a rise in exports offer little cause for celebration as new orders collapse, energy prices soar and Europe's largest economy continues to struggle to find solid footing.

Euronews

West Ham owner David Sullivan accused of preying on women for sex

PRESS REVIEW – Tuesday, June 9: We look at how the Chinese papers are covering Xi Jinping's two-day visit to North Korea. The New York Times examines how Pyongyang has transformed its economy through repression and fortuity. In the UK, West Ham's billionaire former co-owner David Sullivan is accused of…

France 24

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Rupee gains as oil retreat soothes, inflow expectations erode weakening bias

The Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments deficit. Asian currencies also saw gains. Brent crude prices dropped after Iran and Israel halted attacks. Elevated oil prices pose risks to India's economy.

The Economic Times

Modi 3.0 anniversary: Congress jabs govt with 'promise versus reality' document

The Congress party has released a document critiquing the Modi government's performance over the past 12 years. The party claims that grand announcements have not translated into tangible improvements for citizens. Key areas of concern include the economy, job creation, and social welfare programs. The Congress highlights perceived failures in…

The Economic Times

Why These 10 Family Cars Dominate Indian Roads

Buying a family car is one of the biggest decisions most families make. It is not just about mileage, features, or a stylish design anymore. Every parent wants one thing above all else safety. But here is the surprising reality: many buyers still focus on looks and fuel economy while…

MyLifeXP

Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World Bank

India's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses are key. Expanding international partnerships also supports this growth. India's favorable business environment attracts investment. The large consumer base and trade agreements offer opportunities. The food processing sector is particularly promising…

The Economic Times

Judge Strikes Down Trump's Unlawful $100,000 H-1B Visa Fee in Major Blow to Immigration Policy Push

A federal judge has nullified Trump's $100,000 H-1B visa fee, ruling it unconstitutional. This decision marks a significant victory for states opposing the policy.

International Business Times UK

Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy

Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also…

The Economic Times

UK Unemployment Set to Reach Highest Level Since 2015 as Iran Conflict Adds Pressure to Economy

The Confederation of British Industry forecasts UK unemployment to rise to 5.5%, the highest since 2015, due to rising costs, weaker growth, and global instability.

International Business Times UK

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The Economic Times

Indian economy, government finances, see mounting costs from Iran war

India's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer, disruptions to supply and elevated prices are impacting growth, inflation, and government finances. The central bank's ability to manage these shocks is increasingly difficult.

Bangkok Post

B2.8tn fuels economy in first eight months of fiscal year

The government injected 2.8 trillion baht into the economy during the first eight months of fiscal 2026, more than 4% higher than in the same period last year, according to the Comptroller General's Department.

The Independent UK

Two million set to be unemployed as growth falters in UK economy

The Middle East conflict is a key factor in the negative forecast

Bangkok Post

Senator grills DES over AI scheme

Senator Nantana Nantavaropas on Monday grilled the Ministry of Digital Economy and Society (DES) over the B1.6bn TH-AI Passport project during a parliamentary session, questioning its transparency and stated benefits.

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International Business Times

Goldman Sachs Sees Fed Holding Rates Until 2027 After Strong Jobs Report

Goldman Sachs has pushed its forecast for the Federal Reserve's next interest rate cuts into 2027, a move that shows how a stronger-than-expected U.S. labor market is reshaping Wall Street's view of the economy and monetary policy.

Bangkok Post

Public to be consulted on AI project

The Ministry of Digital Economy and Society (DES) will hold a public consultation to gather opinions on its TH-AI Passport project, which is facing growing scrutiny from the public and opposition parties.

The Conversation

5 ways data centers endanger their local communities and the country as a whole

Every internet search, streamed video and AI-generated response depends on a data center somewhere. Driven by rapid growth in artificial intelligence, cloud computing and cryptocurrency, data centers have become the backbone of the modern digital economy. But though their key role is in enabling virtual and remote experiences, data centers…

The Economic Times

100 days of Iran war: India must brace for broad-based economic shock

In a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the specter of increased oil prices looms, disruptions in supply chains could become a reality. The Reserve Bank of India is on alert, with policymakers devising strategies to mitigate…

AAP

Digital Realty Launches Malaysia Operations to Advance Southeast Asia’s Digital Connectivity

KUALA LUMPUR, Malaysia, June 08, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced the establishment of its Malaysia platform, marking a key milestone in its Asia Pacific expansion. The company has planned to develop and scale its data center…

AAP

Chula Researchers Transform Cocoa Waste into Premium Livestock Feed

BANGKOK, June 8, 2026 /PRNewswire/ -- A researcher from Chulalongkorn University has developed an innovative "cocoa-based mineral supplement" that transforms low-grade cocoa and discarded cocoa husks into value-added livestock feed, helping farmers reduce costs, improve cattle health, and lower greenhouse gas emissions under a circular economy model. The...

AAP

Confidence readings punctuate lull in economic calendar

Consumer and business sentiment surveys are the highlight of an otherwise quiet week on the economic front in Australia, as global turmoil casts a shadow.

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