45 result(s) for “Economy”
A new EU cybersecurity assessment identifies Ireland as a primary target for an organised smishing operation, underscoring growing mobile text fraud and rising ransomware exposure that authorities and banks say is costing Irish households and businesses millions.
Hengdian World Studios is repackaging itself as an interactive entertainment destination, selling hour long short drama experiences to tourists as AI generated content cuts professional shoots. The move highlights how China’s experience economy and the rise of synthetic media are reshaping jobs, visitor offerings and the film city’s business model.
The finance ministry and the Reserve Bank instructed branches to operate on Sunday, September 27, 2026, to reduce disruption ahead of a three day strike called by bank unions from September 28 to 30. The step aims to protect cash access and critical services while unions press for a five day work week and other demands.
Pakistan Stock Exchange closed the week largely unchanged as elevated oil prices and an IMF review weighed on investor sentiment. The rupee held near 277 to the dollar while foreign exchange reserves showed modest improvement, underscoring fragile stability ahead of key fiscal milestones.
China unveiled a targeted package of fiscal backstops and local-government measures on September 27, 2026, aimed at stabilizing the struggling property sector and preventing further spillovers to growth and local finances.
At the fifth Global Digital Trade Expo in Hangzhou, Chinese officials and companies framed artificial intelligence as a commercial engine for cross border services, releasing a major digital trade report and staging demonstrations meant to move AI from labs into paying markets.
Investor bets and bank forecasts pushed expectations of a Reserve Bank of Australia rate rise to near certainty on September 26, 2026, as policymakers weigh a tight labour market, rising fuel costs and global rate moves.
The Federal Reserve raised its benchmark interest rate in September, signaling a new phase of monetary tightening aimed at persistent inflation. The decision is reshaping borrowing costs for U.S. businesses, pushing up mortgage and corporate borrowing rates, and altering market expectations for growth and earnings.
The U.S. Treasury said it will buy up to $6 billion of longer dated securities in a buyback operation, a step officials say is aimed at improving market functioning even as investors question how much it will slow the rise in long term yields.
Following a weeklong visit to New Delhi, IMF deputy managing director Nigel Clarke hailed India as a central engine of global expansion but called on New Delhi to strengthen statistical methods and raise productivity to sustain growth for all.
Thousands took to Mumbai’s streets in February 2026 for the city’s 16th Pride March, blending celebration, fashion and renewed demands for legal protections and social inclusion.
The Federal Reserve on Sept. 16 raised its benchmark federal funds rate by 25 basis points — the first increase since 2023 — signaling the possibility of another hike later this year as oil-driven inflation and resilient domestic demand complicate policymakers’ path back to 2% price stability.
The Federal Reserve’s Sept. 16 rate increase to a 3.75–4.00% target range underscored a shift toward tighter policy even as the August jobs report showed overall hiring. The catch: information-sector employment fell and technology-sector restructuring has continued, leaving an uneven outlook across U.S. labor markets and corporate balance sheets.
Global markets are confronting a difficult combination of oil above $100 a barrel, rising government bond yields and tighter monetary policy, raising fresh concerns that economies could face persistent inflation alongside weaker growth.
Billions flowing into AI chips, data centres and infrastructure are supporting growth and markets, but higher energy prices, borrowing costs and scrutiny of returns are putting the investment boom under a brighter spotlight.