AI's debt-financed spending boom is splitting global growth between chip-exporting winners and everyone else, the BIS warns.
Category: Economy
Nigeria’s Cash Outside Banks Falls to a Seven-Month Low
Cash outside Nigeria's banks hit a seven-month low in June, but the pace leaves Cardoso's sub-40% 2028 cash target years out of reach.
AGI’s Trade Paradox Is Already Hitting India and the Philippines
As AGI approaches, India's and the Philippines' outsourcing economies show revenue climbing while the jobs payoff per dollar of growth keeps shrinking.
RBI’s Dollar Deposit Window Raises $17.4 Billion, Eases a Deposit Gap
Indian banks pulled in $17.40 billion in six weeks under RBI's dollar deposit window, a rupee defense tool now easing a widening bank funding gap.
Vietnam’s New PM Pushes Six Reforms as Small Firms Wait on Credit
Vietnam's premier vowed to fix business bottlenecks and hit double-digit growth, but fresh data show credit gains still bypass the SMEs his plan targets.
Singapore’s OCBC SME Index Slips to 51.3 as Two-Speed Economy Widens
OCBC's SME Index eased to 51.3 in Singapore's second quarter as business services and education contracted despite manufacturing and retail gains.
Vietnam Bank Liquidity Fix Hands State-Owned Big Four More Credit Room
Vietnam's Resolution 168 lets the Finance Ministry push State Treasury deposits at commercial banks above 50%, a fix that hands Big Four state banks new credit capacity while chasing 10%...
World Bank Approves $700M Jordan Loan to Fund Reform Phase Two
The World Bank approved a $700 million loan to Jordan to back reforms on private investment, MSME finance, green finance, and digital government payments.
China Lets Banks Pay More for Dollars to Curb the Yuan’s Rise
China let banks offer higher dollar deposit rates to slow yuan appreciation, a quiet PBOC tool signaling Beijing's currency ceiling to global FX traders.
Cebu Business Groups Tell Lawmakers to Put Economy First
Cebu's chambers want lawmakers to set politics aside as Senate turmoil over the Estrada arrest meets 7.2% inflation, a near-record peso, and wary investors.