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The Latest Breaking News from Economy

One lakh jobs to be provided under Knowledge mission project

The Knowledge Economy Mission will be implementing the ‘My job, my pride 2.0’ project, aimed at providing employment to one lakh people in one year, in collaboration with local bodies.

The Hindu

Only 1 in 3 African women have access to the internet–compared with half of men. The cost to the continent’s economy could be in the billions

More business and philanthropic leaders should join in the effort to promote gender equality and digital access in Africa, writes Michelle Williams.

Fortune

Should You Buy, Sell or Hold JPMorgan Chase & Co. (JPM)?

The largest U.S. bank by assets, JPMorgan (JPM), raised its net interest income guidance by $3 billion last month following the acquisition of the First Republic Bank. However, the bank remains cautious as the uncertainty over deposits and the economy could impact its forecast. Should investors consider buying the stock…

StockNews.com

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It is the responsibility of every citizen to see India become the third largest economy by 2030, says Governor

India has become the fifth largest economy in the world and it is the sole responsibility of every individual citizen to make a major contribution to see India as the third largest economy by 2030, Governor and Chancellor Thaawarchand Gehlot has said. He was addressing students after distributing degree convocation certificates…

The Hindu

NIO Inc. (NIO) vs. Honda Motor Co. Ltd. (HMC): Which Auto Stock Should You Buy?

With the global economy on the path to recovery, the automotive industry is poised for a significant upswing in sales of both commercial and personal vehicles. While leading auto stocks Honda Motor (HMC) and NIO (NIO) should benefit, let's discuss which of these auto stocks presents a more compelling investment…

StockNews.com

Australia’s shadow economy leeches $12.4bn from tax revenue amid Treasury’s failure to crack down

Auditor general’s report says bid to tackle cash-in-hand work and tax avoidance measures haven’t worked

The Guardian - AU

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar

Mr. Chandrasekhar said that the digital economy has expanded, diversified and currently there isn’t a slice or space in the tech sector that Indian entrepreneurs and Indian startups are not present in

The Hindu

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Wages are finally rising in Japan, as inflation eats away at consumer gains

Wages are rising in Japan more than they have in decades, at least for some workers

The Independent UK

Pandemic threw shadow economy crackdown off course

The federal government's response to a growing and evolving shadow economy has been patchy and poorly co-ordinated, auditors have revealed.

AAP

Bank Holiday, Housing Data and Other Key Themes to Watch This Week

Last week was a wild week in the market, with the FED confirming a pause in rates the Markets took that as a license to blast off. This combined with a better-than-expected inflation number helped push the S&P 500 back over $440.00.

Barchart

Chalmers trumpets new employment growth numbers

Australia is outperforming major advanced economies on employment growth, with more people – and women – working than ever before.

The New Daily

Pinball vs. Big Tech's obsolesence love

In Big Tech's wasteland of planned obsolescence, praise for the defiant joy of flippers and steel

Salon

The recession you have when you’re not having a recession

While economists are expecting further contraction of the NZ economy this year, opinions vary as to how bad things could get.

Newsroom.co.nz

‘Anyone want to buy?’: Turkish lira falls as traders await uplift in economy

Mood is tense among currency traders in Istanbul’s Grand Bazaar, with country reeling from a profound economic crisis

The Guardian - UK

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The Guardian - UK

As mortgage rates surge, the Tories are losing their reputation for economic competence

The party is tearing itself to pieces as terrified borrowers face a new age of insecurity

The Conversation

South Africa's ruling party is performing dismally, but a flawed opposition keeps it in power

As power cuts continue, the economy falters, unemployment rises and the currency tumbles, South Africa’s political commentators tend to agree that support for the governing African National Congress (ANC) will fall under 50% in the 2024 national and provincial elections. If the party avoids a defeat, it could lead to…

The Independent UK

Sierra Leone gears up for presidential election amid economic crisis, looming protests

Sierra Leoneans are heading to the polls on Saturday, June 24, to select their next president amid mounting frustration due to an ailing economy, rising unemployment and the loom of deadly protests

Daily Mirror

Kwasi Kwarteng pockets £27,000 for 30-minute speech to Swiss bankers

Just months after he and Liz Truss tanked the UK economy with their kamikaze mini-budget, Mr Kwarteng has started raking in cash from public speaking

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The Hindu

Modi govt ‘ruining’ PSUs: Mallikarjun Kharge

The Congress chief said the Modi government does not believe that the Public Sector Undertakings (PSUs) are an important part of the country’s economy.

Reason

Thank Dutch Merchants, Not a Strong State, for Capitalism

Pioneers of Capitalism chronicles centuries of bottom-up economic evolution in the Netherlands.

The National (Scotland)

THE wellbeing economy is high on the agenda in Scotland’s politics right now, especially with the recent inclusion of the economic approach in a…

The Independent UK

North Korea opens key party meeting to tackle its struggling economy and talk defense strategies

With leader Kim Jong Un in attendance, North Korea has opened a key political conference to discuss improving its struggling economy and reviewing defense strategies in the face of growing tensions with rivals

Bangkok Post

Arkhom predicts low-growth year for Thai economy

The Thai economic recovery this year is expected to be "low growth", says Finance Minister Arkhom Termpittayapaisith.

Evening Standard

Full list of King’s Birthday Honours

The King’s first birthday honours list has been released and has seen figures recognised for their contributions in sport, entertainment and public service.

Newsroom.co.nz

The transition to an 'economy of enough'

Rather than a Productivity Commission, how about we have a Sufficiency Commission instead, asks Dr Catherine Knight, whose goal would be to meet our needs within biophysical limits?

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