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Independent Journalism · Est. 2026
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Independent Journalism · Est. 2026
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World
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For YouWorldNationalTechnologyCultureEconomyNewsletter
All Stories

Economy

998 articles · sorted by newest first

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Latest in Economy

Latest in Economy
20 results
Economy 5/18/2026

NFO Alert: Edelweiss Mutual Fund’s Altiva SIF to launch Equity Ex-Top 100 Long-Short Fund

Edelweiss Mutual Fund has launched its second Altiva SIF offering, the Altiva Equity Ex-Top 100 Long-Short Fund. This New Fund Offer (NFO) aims to achieve long-term capital appreciation by investing in small and midcap companies, specifically those outside the top 100 by market capitalization, utilizing an Equity Long-Short Strategy.

Editorial Team1 min
NFO Alert: Edelweiss Mutual Fund’s Altiva SIF to launch Equity Ex-Top 100 Long-Short Fund
Economy 5/18/2026

Evening Wrap: ASX 200 slumps as spike in global bond yields triggers major reset for gold and mining stocks - Market Index

The Australian equity market (ASX 200) experienced a significant decline, primarily driven by a surge in global bond yields. This macroeconomic shift triggered a substantial revaluation across the gold and broader mining sectors, leading to a "major reset" for these stocks. Concurrently, rising oil prices further unsettled markets, contributing to the ASX's losses, while specific corporate news saw companies like Elders, Brambles, and a David Teoh-linked telco experience sharp downturns.

Editorial Team1 min
Evening Wrap: ASX 200 slumps as spike in global bond yields triggers major reset for gold and mining stocks - Market Index
Economy 5/18/2026

Fuel price hike just the start, more to come: Systematix report

A recent report by Systematix, a prominent Indian financial services group, warns that India's economy faces significant inflationary pressures, projecting that a recent Rs 3 fuel price hike is merely the first in a series. The report specifically forecasts that Wholesale Price Index (WPI) inflation could surge past 10%, with consumer retail prices inevitably following suit.

Editorial Team1 min
Fuel price hike just the start, more to come: Systematix report
Economy 5/18/2026

State lawmakers race against the clock before end of legislative session

State legislative bodies across the nation are currently engaged in a high-stakes sprint to finalize and pass critical legislation before their respective sessions officially conclude. The push involves intense negotiations and strategic maneuvers to advance hundreds of bills covering a wide range of policy areas, with many assemblies facing 'midnight deadlines' in the coming days or weeks.

Editorial Team1 min
State lawmakers race against the clock before end of legislative session
Economy 5/18/2026

Jim Chalmers' refuses to back down from changes to tax system despite voter backlash for breaking election promise

Australian Treasurer Jim Chalmers and the Albanese government are firmly defending significant changes to the nation's tax system, despite facing considerable voter backlash for reneging on a key election promise. The reforms involve a substantial overhaul of the previously legislated Stage 3 tax cuts, originally set to commence in July 2024, with the government insisting the revisions are essential for the current economic climate.

Editorial Team1 min
Jim Chalmers' refuses to back down from changes to tax system despite voter backlash for breaking election promise
Economy 5/18/2026

Iran, Inflation and Jobs: New Poll Spells Trouble for Trump

A new national poll reveals significant economic discontent among American voters, with three-quarters of respondents stating their wages have not kept pace with rising living costs. This dissatisfaction is largely attributed to persistent inflation and climbing gas prices, which are directly linked to ongoing geopolitical tensions involving Iran.

Editorial Team1 min
Iran, Inflation and Jobs: New Poll Spells Trouble for Trump
Economy 5/18/2026

Elon Musk Accused Of Building 'Most Management-Favorable' IPO Structure At SpaceX: Report

Top pension officials from New York and California have formally expressed grave concerns to SpaceX CEO Elon Musk, alleging that the company is crafting an initial public offering (IPO) structure designed to be “management-favorable.” This structure, described as “extreme,” is intended to concentrate control with Musk, potentially at the expense of common shareholders and the robust governance standards typically expected from publicly traded companies.

Editorial Team1 min
Elon Musk Accused Of Building 'Most Management-Favorable' IPO Structure At SpaceX: Report
Economy 5/18/2026

Panda power: Pakistan to tap China debt market with first sale of yuan-priced notes

Pakistan is poised to issue its inaugural yuan-priced notes, often referred to as 'panda bonds,' marking a significant shift in its debt strategy. This move will see Islamabad tap China's domestic debt market for the first time, aiming to secure more favorable lending terms and reduce its traditional reliance on Western-dominated financial instruments and institutions.

Editorial Team1 min
Panda power: Pakistan to tap China debt market with first sale of yuan-priced notes
Economy 5/17/2026

US Lets Russian Oil Waiver Linked To Iran War Expire, Reimposing Sanctions

The United States has allowed a specific waiver, originally granted by the Trump administration, pertaining to sanctions on Russian seaborne oil, to expire. This action immediately reimposes full restrictions, effectively closing a loophole that had permitted countries like India to continue purchasing Russian crude despite widespread Western efforts to diminish Moscow’s financial resources for its ongoing war.

Editorial Team1 min
US Lets Russian Oil Waiver Linked To Iran War Expire, Reimposing Sanctions
Economy 5/17/2026

BREAKING NOW: Policy Shift From Population Control to Population Growth in Andhra Pradesh

Andhra Pradesh Chief Minister N. Chandrababu Naidu has announced a significant policy reversal, shifting the state's focus from population control to population growth. The new policy, unveiled in Srikakulam district, introduces financial incentives, offering ₹30,000 for a third child and ₹40,000 for a fourth child, with detailed guidelines expected within a month. This move marks a departure from Naidu's previous advocacy for population control in the 1990s, reflecting a new imperative to address demographic challenges.

Editorial Team1 min
BREAKING NOW: Policy Shift From Population Control to Population Growth in Andhra Pradesh
Economy 5/17/2026

Technology, innovation deliver China's beef noodles to global markets

Lanzhou, the capital of northwest China's Gansu Province, is leveraging advancements in technology and innovation to expand the global reach of its iconic beef noodles. The centuries-old delicacy, traditionally a local street food, is now being industrialized through modern production lines, flash-freezing techniques, and standardized packaging, enabling its export to international markets. This modernization allows younger generations, like 26-year-old Liu Jiajia, to experience the traditional dish in contemporary urban settings while also positioning it for broader consumption worldwide.

Editorial Team1 min
Technology, innovation deliver China's beef noodles to global markets
Economy 5/17/2026

Why Desperate Trump Can’t Spin This Failure - The Daily Beast

A consensus among various media outlets highlights former President Donald Trump's perceived significant failure during his administration's trade negotiations and broader economic strategy with China, specifically in protecting the US economy. Contemporary analyses from sources like The Daily Beast, The New York Times, and Paul Krugman now frame these efforts as largely ineffectual, leading to China strengthening its global economic standing while Beijing increasingly views the United States as an "Empire in Decline."

Editorial Team1 min
Why Desperate Trump Can’t Spin This Failure - The Daily Beast
Economy 5/17/2026

Retirees expect their home to be a financial safety net. They shouldn’t - Sat, 16 May 2026 PST

A new analysis indicates that relying on home equity as a primary financial safety net in retirement, a long-held strategy for many families, is becoming increasingly precarious. Despite homeowners aged 70 and older collectively holding an estimated $13 trillion in housing wealth, representing a significant portion of national wealth, experts caution against assuming this asset will consistently provide the expected security due to shifting economic landscapes.

Editorial Team1 min
Retirees expect their home to be a financial safety net. They shouldn’t - Sat, 16 May 2026 PST
Economy 5/16/2026

'Not An Iota Of Truth': PM Modi Rubbishes Report Of Restriction On Foreign Travel

Indian Prime Minister Narendra Modi has unequivocally denied a media report suggesting the Centre was considering imposing a new cess, tax, or surcharge on foreign travel. The proposed levy, according to the now-retracted report, aimed to mitigate the fiscal impact of global conflict-linked economic pressures, including rising crude oil prices and import costs. Modi clarified on X (formerly Twitter) that these claims were baseless and reaffirmed the government's commitment to enhancing both ease of doing business and ease of living for its citizens.

Editorial Team1 min
'Not An Iota Of Truth': PM Modi Rubbishes Report Of Restriction On Foreign Travel
Economy 5/15/2026

UOB Malaysia enhances financing support for SMEs

UOB Malaysia has announced an expansion of its financing support for Small- and Medium-sized Enterprises (SMEs) by leveraging the Bank Negara Malaysia (BNM) SME Stabilisation Relief Facility (SRF). This initiative aims to provide targeted assistance, bolstering the cash flow and operational resilience of businesses across the nation.

Editorial Team1 min
UOB Malaysia enhances financing support for SMEs
Economy 5/15/2026

Big update for gold investors! NSE EGR trading starts May 18: All you need to know - Zee Business

The National Stock Exchange (NSE) has officially commenced trading of Electronic Gold Receipts (EGRs) starting May 18, marking a significant development for gold investors in India. This new instrument allows for the electronic trading of physical gold, offering a regulated and transparent alternative to traditional physical gold ownership.

Editorial Team1 min
Big update for gold investors! NSE EGR trading starts May 18: All you need to know - Zee Business
Economy 5/14/2026

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Gossamer Bio, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GOSS

Rosen Law Firm is actively encouraging investors of Gossamer Bio, Inc. (GOSS) to secure legal counsel before an important June 1, 2026, deadline in an ongoing securities class action lawsuit. This action specifically targets individuals who purchased Gossamer Bio securities between June 16, 2025, and February 20, 2026, encompassing what is defined as the "Class Period" for this litigation.

Editorial Team1 min
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Gossamer Bio, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – GOSS
Economy 5/14/2026

Senate confirms Trump pick Kevin Warsh as Federal Reserve chair, bringing new leadership to the powerful central bank

The United States Senate has confirmed Kevin Warsh, a former Federal Reserve governor and adviser to Donald Trump, as the new Federal Reserve chair. This appointment signifies a major leadership transition at the nation's powerful central bank, placing a Trump administration ally at the helm of U.S. monetary policy.

Editorial Team1 min
Senate confirms Trump pick Kevin Warsh as Federal Reserve chair, bringing new leadership to the powerful central bank
Economy 5/14/2026

Senate confirms Kevin Warsh as Fed chair as Trump presses for lower rates

The Senate has confirmed Kevin Warsh as the next Chairman of the Federal Reserve, a move widely seen as a significant victory for President Trump, who has consistently advocated for policies aimed at lowering interest rates.

Editorial Team1 min
Senate confirms Kevin Warsh as Fed chair as Trump presses for lower rates
Economy 5/13/2026

TrueBlue Confirms Receipt of Unsolicited Acquisition Proposal from HireQuest for On-Demand Business

TrueBlue, Inc., a publicly traded provider of specialized workforce solutions, has confirmed its receipt of an unsolicited acquisition proposal from HireQuest, Inc. The proposal specifically targets TrueBlue's On-Demand Business segment, and TrueBlue's Board of Directors, in consultation with independent financial and legal advisors, is currently evaluating the offer.

Editorial Team1 min
TrueBlue Confirms Receipt of Unsolicited Acquisition Proposal from HireQuest for On-Demand Business
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