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The Latest Breaking News from Economy

Global Markets | Japan's Nikkei gives up early gains as tech shares fall

Japan's Nikkei index closed lower on Tuesday. Technology stocks declined, mirroring U.S. markets. Positive economic data supported shares linked to the economy. Investors watched for Nvidia's earnings report. The Topix index saw gains. Bank shares performed well. Many stocks on the Tokyo Stock Exchange rose.

The Economic Times

Domestic cyclicals remain best bet in India, says Anish Tawakley amid global volatility

Despite global headwinds, India's economy is robust, with picking demand and spare capacity, according to DSP Mutual Fund's Anish Tawakley. He favors selective investments in domestic cyclicals like financials, cement, and automobiles, while cautioning against capital market-linked plays and PSU banks. Inflation is seen as transitory, but FMCG margins face…

The Economic Times

Gen-Z did not invent entrepreneurship but it might be the first generation that thinks it does not require permission

Indian campuses are witnessing a surge in student entrepreneurship, with Gen-Z founders prototyping and building ventures before graduation. Universities like Chitkara are transforming into venture studios, providing incubation, mentorship, and industry connections. This shift cultivates a new generation of graduates equipped with problem-solving and innovation skills, crucial for India's future…

The Economic Times

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Global Market: Japan economy shows resilience but Iran conflict clouds outlook

Japan's economy showed strong growth in the first quarter, driven by exports and domestic demand. However, rising energy costs due to the Iran conflict pose a significant threat. This situation complicates the Bank of Japan's policy decisions. Higher fuel prices are increasing inflation and impacting household spending. The government is…

The Economic Times

Japan's economy expands at a 2.1% annual pace, boosted by consumer spending

Japan has reported its economy expanded at an annualized rate of 2.1% in the January-March quarter

The Independent UK

Japan economy grows faster than expected in first quarter

Japan’s economy grew 0.5% in the January-March quarter of 2026, beating market expectations of 0.4%, supported by stronger private consumption and corporate investment.

The Economic Times

From sanctioned cars to beauty clinics, Russian rubles have flowed into China’s border towns since Ukraine war

Suifenhe, a small city in China’s economically depressed rust belt, is a microcosm of an evolving Chinese-Russian trading relationship

The Guardian - AU

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Reeves must go ‘much further’ to aid families in cost-of-living crisis, says SNP

Westminster economy spokeswoman Kirsty Blackman called on the Chancellor to act to help families – including those in the ‘squeezed middle’.

Evening Standard

'Our Economy Is Getting Worse': Trump Supporter Blasts POTUS Because 'Everything Is Going Up'

Viral TikTok videos show Trump supporters expressing frustration over rising living costs during his administration, sparking debates on economic performance and voter expectations.

International Business Times UK

The Job Market Is Stable But Workers Say It Feels Frozen: Report

A new analysis looking at various aspects of the economy shows a labor market that looks stable on paper but feels punishing for many job seekers as unemployment remains relatively low.

International Business Times

Most Americans Report Economic Anxiety, Loss Of Relative Income: Poll

More than three-quarters of Americans say their income is not keeping up with inflation, according to a CBS News poll. Much of the country has high levels of stress and anxiety about the economy.

International Business Times

Scotland’s independence movement must find an answer to this economic question

IF Scottish independence is to mean more than constitutional change, the movement must show how it would extend democracy into the economy itself

The National (Scotland)

India’s $1 trillion import dependence makes green transition a strategic necessity

India faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a powerful solution. This pathway can attract substantial investments and create millions of jobs. Focusing on renewable energy, bioeconomy, and circularity will reduce import dependence and enhance economic security.

The Economic Times

The economy after China summit

The optics of the summit between Donald Trump and Xi Jinping were carefully staged to signal parity between the US and China. Mr Trump, the first US president to visit mainland China in nearly a decade, was accompanied by an entourage of American CEOs -- including Tesla's Elon Musk, Apple's…

Bangkok Post

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International Business Times

EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

International Business Times

China Retail Sales Sink To Weakest Growth Since 2022

Retail sales rose just 0.2% from a year earlier in April, the weakest increase since December 2022, according to data from China's National Bureau of Statistics.

The Free Financial Advisor

The IRS Is Cracking Down on Side Hustle Income Again in 2026

The side hustle economy keeps booming across the United States, but the IRS now watches every dollar more closely than ever before. Gig apps, online marketplaces, and payment platforms continue to fuel extra income streams for millions of Americans, and tax rules struggle to keep up with that rapid growth.…

The Economic Times

PM Modi calls for early end to conflicts in West Asia and Ukraine

India and Norway have established a Green Strategic Partnership. Prime Minister Narendra Modi and his Norwegian counterpart Jonas Gahr Store discussed expanding cooperation in clean energy, climate resilience, and the blue economy. Both leaders called for resolving global tensions through dialogue and diplomacy. The partnership aims to combine India's scale…

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The Independent UK

Trump’s approval hits second-term low with brutal poll showing America’s disdain for Iran war and rising costs

President receives low marks from voters in his handling of the cost of living, the economy and Iran war

Roll Call

Trump’s trip to China doesn’t move the needle on low approval ratings

President Donald Trump returned from China with few concrete wins, and his refusal to owe Xi Jinping a favor in return for the Chinese president’s help reopening the Strait of Hormuz highlights his lack of a plan to ease Republicans’ gas prices concerns as Democrats hammer his 79-day-old conflict. After…

Fortune

A record number of 18-year-olds are set to graduate into an economy designed against them

It's the commencement season that Gen Z fought back as America hits peak 18 and peak data center at the same time.

The Economic Times

The Iran war is now changing your Social Security check; here's the new 2027 COLA number

Social Security COLA update 2027: Gas prices in America have surged above $4.10 per gallon, up sharply from $3.17 last year, and the impact is now reaching Social Security checks. The latest inflation spike, fueled by global oil tensions and the Iran conflict, is increasing pressure on millions of retirees…

The Independent UK

Labour must stick to Reeves’ fiscal rules to avoid market chaos, IMF warns

UK economy sees growth upgrade but government advised to ‘stay the course’

Evening Standard

Iran war hit to UK growth less than feared but inflation still to rise – IMF

The International Monetary Fund (IMF) updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock.

The Economic Times

In 1831, a man digging into a Scottish sandbank found carved ivory figures that rewrote medieval history

In 1831, a man on the Isle of Lewis unearthed the remarkable Lewis Chessmen, carved from walrus ivory. These pieces reveal a sophisticated medieval global economy, with Norse traders facilitating a centuries-long supply chain from Greenland's Arctic resources to elite markets across Europe, showcasing early forms of luxury branding and…

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