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The Latest Breaking News from Economy

AAP Rolling News Bulletin June 6, 0430

AAP Rolling News Bulletin for June 6 at 0430

AAP

Renewables key to Asia prosperity

As the war in the Strait of Hormuz continues to create havoc, Asia remains the worst hit by the global energy crisis. Whether it's a large economy like Japan or China, or a struggling economy like Sri Lanka or Pakistan, the same fate holds. Even nations that produce oil, like…

Bangkok Post

AAP Rolling News Bulletin June 6, 0400

AAP Rolling News Bulletin for June 6 at 0400

AAP

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S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5

S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and…

The Economic Times

India's 7.7 pc GDP growth in FY26 shows foundation of economy is strong, says PM Modi

India's economy shows a strong foundation with 7.7 percent GDP growth for fiscal 2025-26. Prime Minister Narendra Modi stated India is the world's fastest-growing major economy. He emphasized collective citizen efforts in managing global turmoil. Development projects worth Rs 2,970 crore were launched in Daman. Modi assured continued fast-paced progress…

The Economic Times

FY26 growth higher than anticipated, shows India's resilience: MoSPI Secretary

India's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resilience and robustness of the Indian economy despite global headwinds, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), Saurabh Garg said.

The Economic Times

Britain is a swamp of lies and disinformation – and we got here on the Brexit bus

Ten years after the vote, our economy is battered – and our national conversation darkens by the day. Still, there is reason for hope, says Guardian columnist Jonathan Freedland

The Guardian - UK

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Green growth claims are overstated – our study shows three reasons why

A holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials.

The Conversation

India’s economy faces threats that currency band-aid can’t fix

India's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring in significant capital for bonds and stocks. However, global challenges like the Iran war and rising costs pose risks. While these actions offer immediate relief, long-term economic health…

The Economic Times

The US job market is strong but many Americans are still frustrated by prospects and rising prices

U.S. employers added a surprising 172,000 jobs in May as the labor market continued to show resilience in the face of rising costs from the Iran war

AAP

Eurozone Economy Shrinks In First Quarter Dragged By Ireland

The Eurozone's economy shrunk by 0.2% in the first quarter of the year dragged by Ireland's sharp contraction.

International Business Times

Putin slams Western sanctions as damaging to the global economy

Russian President Vladimir Putin says developing countries have gained an increasingly important role in the global economy, while the share of output by Western countries has shrunk

AAP

When global trade becomes a weapon, how can African economies protect themselves?

“Today, everyone recognises that trade is as much a security issue as an economic one.”

The Conversation

RBI policy press conference: Here's everything that came up for discussion

The Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies for economic growth and inflation management. The central bank aims to draw in foreign exchange through various initiatives. These steps are designed to ensure a stable economic environment and encourage…

The Economic Times

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Fortune

Can unions power the AI economy? AFL-CIO’s Liz Shuler thinks so

Also: All the news and watercooler chat from Fortune.

Euronews

Eurozone economy shrinks by 0.2% in the first quarter of 2026

The 21-member euro area has entered negative territory for the first time in over a year, with a dramatic Irish contraction masking more nuanced performances across the bloc's major economies.

The Economic Times

India likely to outpace RBI growth forecasts, says World Bank's Neelkanth Mishra

India's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. According to him, the economy is performing significantly better than official projections. He also supported RBI's decision to maintain interest rates.

Fortune

Trump promised deportations would protect American jobs. Brookings said ICE raids have cost the economy over 668,000 of them

A recent study from Brookings found that ICE arrests shocked local economies and drove unemployment.

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MyLifeXP

Will Modi Leave Office in a Year? Rahul Gandhi Thinks So

A single political statement can sometimes dominate the national conversation. That is exactly what happened when Rahul Gandhi declared that Prime Minister Narendra Modi would not remain in office a year from now. The prediction immediately grabbed attention. But what made it even more striking was the reason behind it.…

The Economic Times

RBI MPC: India's Goldilocks moment dims, but the lights are not out

India's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external shocks like the West Asia conflict and elevated oil prices. Despite these headwinds, the central bank believes strong domestic fundamentals, including resilient consumption and investment, will help cushion the blow.

AAP

FED:Poll surge for populists trigger for PM's tax backflip

Australians believing the economy wasn't working for them forced the federal government to change its stance and implement controversial tax reforms.

The Economic Times

RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra

2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices and supply chain issues create headwinds. However, India has built strong buffers. Diversified oil sourcing and robust foreign exchange reserves protect the economy. The central bank remains confident in…

The Economic Times

RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mount

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future…

The Economic Times

U.S Stock Market on Friday: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors eye May jobs report. Check VIX volatility index, list of key Wall Street factors

U.S Stock Market investors will keep an eye on the latest jobs report. It will indicate the health of the economy amid fears of rising inflation.

Fortune

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now," Greater China chair Joe Ngai says.

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