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The Latest Breaking News from Economy

AAP Rolling News Bulletin June 6, 0730

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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

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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

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

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The Economic Times

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…

AAP

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

International Business Times

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.

AAP

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

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The Conversation

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 Economic Times

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…

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.

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.…

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