AI boomtowns worsen divide in China’s split-screen economy
In Hefei, the heart of China’s memory-chip industry, factories can barely keep up with the world’s appetite for…
Tokyo inflation up on year for second month, keeping BOJ on rate hike path
Tokyo’s inflation pace has quickened for a second month, keeping the Bank of Japan on track to raise…
Household electricity costs up 177% since 1999 reforms, nearly twice the rate of inflation
Household electricity costs have risen by around 177% since reforms in 1999 to New Zealand’s electricity industry, a…
China’s factory activity unexpectedly contracts in July
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto…
South Korea’s Kospi index jumps more than 16%
BANGKOK (AP) — South Korea’s Kospi index jumped more than 16% on Friday, tracking Wall Street gains, as…
NZD rises to its highest in nearly 2 months
It has been an eventful 24 hours, with more bombing in the Middle East, further fallout from yesterday’s…
China’s U.S.-bound shipments fall in July after brief recovery, survey shows
China Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with…
AI boom seen bringing short-term inflation pain, little GDP gain in US
Economy Economic growth benefits have mainly gone to South Korea, other chip exporters While U.S. data center construction…
New poll has Labour leading National on most important issues, including economy
The Green Party was considered more capable of managing the environment and climate change, while Te Pāti Māori…
Why China’s goods consumption is slumping even as exports and services boom
The world’s second-largest economy looks like it’s running at two speeds: An export-focused manufacturing sector that’s feeding global…
US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high – stuff.co.nz
US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high stuff.co.nzUS economic growth sees surprise slowdown in…
US borrowing costs hit 19-year high as Fed holds interest rates | US interest rates
US government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold…