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Browsing Tag

Economy

12910 posts
EEconomy
Indonesia’s rupiah falls to record low against US dollar | Business and Economy
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Indonesia’s rupiah falls to record low against US dollar | Business and Economy

  • June 4, 2026
Currency plunge comes as energy shock from the Iran war casts a cloud over Southeast Asian economies. By…
EEconomy
RBA governor Bullock: We expect inflation to increase further in the near-term
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RBA governor Bullock: We expect inflation to increase further in the near-term

  • June 4, 2026
Inflation is still too highWill do what is considered necessary to achieve our mandateHaving raised the cash rate…
EEconomy
US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped
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US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped

  • June 4, 2026
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and…
EEconomy
Australia services PMI slips to 48.7 as Middle East war hammers demand
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Australia services PMI slips to 48.7 as Middle East war hammers demand

  • June 4, 2026
Australia’s services PMI fell to 48.7 in May from 50.7, with new orders contracting at the fastest pace…
EEconomy
The AI Build‑Out Isn’t Slowing — and NVIDIA Still Sits at the Center of Many Major CapEx Plans
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The AI Build‑Out Isn’t Slowing — and NVIDIA Still Sits at the Center of Many Major CapEx Plans

  • June 4, 2026
Quick Read Big banks are already booking real AI cost savings, broadening monetization well beyond tech and weakening…
EEconomy
Yes, Living Standards Have Grown Slower in Northwest Europe than in the U.S.
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Yes, Living Standards Have Grown Slower in Northwest Europe than in the U.S.

  • June 4, 2026
The point of working is to produce enough value for the rest of society to be able to…
EEconomy
ECB survey: Inflation expectations for the year ahead decreased to 2.7% vs 2.8% prior
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ECB policymaker Elderson says prolonged war increases likelihood of second-round effects

  • June 4, 2026
Longer war increases likelihood of second-round effectsI don’t see second-round effects yetThe balance of risks has clearly deteriorated…
EEconomy
Ghana targets investment-grade rating by 2029 after debt default and restructuring
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Ghana targets investment-grade rating by 2029 after debt default and restructuring

  • June 4, 2026
The target, unveiled by Finance Minister Cassiel Ato Forson at an investor conference in London on Wednesday,…
EEntrepreneurship
Yasas Hewage assumes duties as Chairman of Industrial Development Board
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Yasas Hewage assumes duties as Chairman of Industrial Development Board

  • June 4, 2026
Yasas Hewage (right) being congratulated by Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe  …
EEconomy
Russian Central Bank chief Elvira Nabiullina dropped from St. Petersburg International Economic Forum speaker lineup — Meduza
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Russian Central Bank chief Elvira Nabiullina dropped from St. Petersburg International Economic Forum speaker lineup — Meduza

  • June 4, 2026
Russian Central Bank chief Elvira Nabiullina has been dropped from the speaker lineup at the St. Petersburg International Economic Forum,…
EEconomy
Stocks break winning streak as oil rises amid strikes in the Middle East
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Stocks break winning streak as oil rises amid strikes in the Middle East

  • June 4, 2026
Five Below sinks despite Q1 earnings beat and optimistic Q2 outlook Discount retailer Five Below delivered impressive Q1…
EEconomy
'Not a single dollar left': demand for foreign currency soars after Bank of Israel ra
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‘Not a single dollar left’: demand for foreign currency soars after Bank of Israel ra

  • June 3, 2026
“We don’t have a single dollar or euro left, and even pounds sterling are being snapped up.” That…
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