Category: Economy

Russians withdrew nearly $3.4 billion in early August alone, leaving banks short of cash to buy government bonds and tightening the Kremlin’s war financing squeeze.

Stanford economist Charles Jones finds infinite AI automation of half the economy raises output just 19 percent.

At the Phnom Penh industrial expo, Chinese robotics and sewing lines promise higher Cambodian output yet tighten equipment dependence for a workforce that is.

Saint Vincent agricultural traders again cannot convert Trinidad payments at local banks, repeating a cycle that has strained farmers since the 2018 ECCB pilot.

AI's debt-financed spending boom is splitting global growth between chip-exporting winners and everyone else, the BIS warns.

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.

As AGI approaches, India's and the Philippines' outsourcing economies show revenue climbing while the jobs payoff per dollar of growth keeps shrinking.

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 premier vowed to fix business bottlenecks and hit double-digit growth, but fresh data show credit gains still bypass the SMEs his plan targets.

OCBC's SME Index eased to 51.3 in Singapore's second quarter as business services and education contracted despite manufacturing and retail gains.