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The Latest Breaking News from Economy

Market swings, software-based investing — and community banking - Roll Call

Amias Gerety, a partner at QED Investors, interviews M1 CEO Brian Barnes on relationship investing and automation in the fintech economy.

Roll Call

Despite warnings from economists, Biden says a recession is not inevitable

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

WEKU

Welsh Government announces new strategy to regenerate Wales' retail sector

The Welsh retail sector employs more than 114,000 people and contributes 6% of Wales’ GVA

Birmingham Post

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Digital Valley to host 5G innovation centre

Advanced Info Service (AIS), the country's biggest mobile operator by subscriber base, has collaborated with the Digital Economy Promotion Agency (Depa) to launch the country's first 5G innovation centre and laboratory located at Thailand Digital Valley in the Eastern Economic Corridor (EEC).

Bangkok Post

5G tech alliance to ramp up use cases

The Digital Economy and Society (DES) Ministry has unveiled a 5G technology alliance aimed at transforming 5G showcases into real use cases with a target of rolling out 10 of them this year.

Bangkok Post

Firms push for softer tourism rules

Bangkok Post

PM touts digital hub at summit

Declaring Thailand as Asean's Digital Hub would be a great opportunity to showcase advances in Thai 5G technology on a regional level, Prime Minister Prayut Chan-o-cha said on Thursday.

Bangkok Post

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Weak baht helps some sectors

The weaker baht is expected to boost the Thai economy and increase real GDP by 0.4%, but not all manufacturers will reap the benefits, says the Industry Ministry.

Bangkok Post

The AP Interview: Biden says recession is 'not inevitable'

President Joe Biden says the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets

The Independent UK

5 Tech Stocks You'll Regret Not Buying During the Sell-Off

The Federal Reserve’s continued monetary policy tightening to tame the surging inflation has been making investors concerned about the economy slipping into a recession soon. As a result, tech stocks are witnessing massive sell-offs. However, growing demand, impressive breakthroughs, and rising corporate and government investments in the tech industry should…

StockNews.com

Climate-fuelled wave patterns pose an erosion risk for developing countries

The world’s coastlines are at the forefront of climate change. That’s because they’re constantly changing, and respond quickly to changes in climate. They’re particularly important because around 70% of the world’s population live within 100km of the coast, and 90% of the world’s trade passes through ports on the coast.…

The Conversation

Fishing boats tied up, unable to feed hungry world market

Declining primary production has caused the economy to tighten, and the seafood industry is pleading for help as times get even tougher.

Newsroom.co.nz

Interest rate rise - all you need to know including impact on mortgage payments

Today's interest rates increase is expected to add around £21 a month - £252 a year - to the average repayments for a borrower with a £150,000 mortgage who is on their lender’s standard variable rate

Daily Mirror

Mike Novogratz Predicts 'The Economy Is Going To Collapse,' But This Crypto Is Poised To 'Explode' Higher

Several analysts and economists are anticipating a potential recession in 2023, but very few have turned as negative as Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz seemed to be during

Benzinga

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The Times of India

Don't see any adverse impact of US Fed rate hike: DEA secretary

NEW DELHI: The government does not see any adverse impact on the Indian economy post the US Federal Reserve's decision to raise interest rates by 75 basis points, economic affairs secretary Ajay Seth said on Thursday.

Daily Mirror

Economists blast Boris Johnson for 'suppressing' Brits' wages as inflation soars

Economists from a host of universities and think tanks have written to the Prime Minister dismissing his claims over pay hikes fuelling inflation

The Independent UK

‘Tough times ahead’ for economy, warns Gove

The Communities Secretary said the Government and the Bank of England needed to ‘squeeze’ inflation out of the economy.

Bangkok Post

Chadchart plans new walking streets in Bangkok

Bangkok is expected to see new walking streets to help stimulate the economy and improve people's livelihoods, says city governor Chadchart Sittipunt.

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The Times of India

Sensex, Nifty drag to 52-week lows: 10 factors behind stock market fall

NEW DELHI: Equity indices slumped to fresh 52-week lows on Thursday as markets extended their losing streak to fifth straight session.

The Guardian - US

Is the US heading for a recession? Here’s what you need to know

Many signs point in that direction. We have answers to questions that might be on your mind

Evening Standard

Double-decker plane seat design ‘comfortable’ but ‘claustrophobic’

It has been described as “roomy” yet “claustrophobic”

The Conversation

London's Olympic legacy: research reveals why £2.2 billion investment in primary school PE has failed teachers

The 2012 Olympic and Paralympic Games in London were billed as the “Legacy Games”. The euphoria in the lead up was palpable. London was poised to host a global event that, through the power of sport, promised to have a major impact on health, education and culture, as well as…

Benzinga

BlackRock Unveils Perpetual Infrastructure Strategy For Energy Transition, Security

BlackRock Inc (NYSE:BLK) will establish a perpetual infrastructure strategy to help companies transition to lower-carbon business models over time. Over half of the strategy will be allocated to Europe initially. BlackRock had initially planned 35% - 40% of its investments in Europe, Financial Times reported. The perpetual capital strategy will start with money in…

The Japan News/Yomiuri

3 potential potholes for Kishida ahead of upper house election

Battling the ongoing novel coronavirus pandemic, limiting price increases and strengthening Japan's defense capabilities are shaping up as the three main issues that could impact Prime Minister Fumio Kishida's prospects in the upcoming House of Councillors election.

The Independent UK

Russian economy 'won't be as it was,' central banker says

The head of the Russian Central Bank is warning that the country’s economy faces pressure from abroad that could persist indefinitely, dampening hopes that conditions could return to the way they were before Russia sent troops into Ukraine

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