Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
MSCI Downgrade Warning Triggers Volatility in Indonesian Markets
2 days ago
MSCI Downgrade Warning Triggers Volatility in Indonesian Markets
In response to the market turmoil, Bloomberg has scheduled a live Q&A session with its reporters to address the specific…
Nokia Shares Hit 16-Year High as AI Infrastructure Demand Boosts Earnings
3 days ago
Nokia Shares Hit 16-Year High as AI Infrastructure Demand Boosts Earnings
The central driver of this economic shift is the integration of artificial intelligence into network infrastructure. For years, telecommunications equipment…
Indonesia’s Stock Rout Sparks Nationalist Response Amid MSCI Downgrade Threat
3 days ago
Indonesia’s Stock Rout Sparks Nationalist Response Amid MSCI Downgrade Threat
The immediate trigger for the government’s defensive posture is a warning from MSCI, the global index provider, which has indicated…
Severe Weather Disrupts Northeast Air Traffic, Stranding Air Canada Passengers at Major Hubs
3 days ago
Severe Weather Disrupts Northeast Air Traffic, Stranding Air Canada Passengers at Major Hubs
The current weather pattern, characterized by a strong line of storms stretching from the Mid-Mississippi Valley through the Mid-Atlantic and…
French 10-year bond yield tops 5% for first time in 24 years
3 days ago
French 10-year bond yield tops 5% for first time in 24 years
The surge was driven by a combination of political gridlock and social instability. The French government has yet to pass…
US Stock Futures Climb on SpaceX Earnings, AI Sustainability Debate
3 days ago
US Stock Futures Climb on SpaceX Earnings, AI Sustainability Debate
US stock futures advanced on Wednesday, lifting investor confidence after SpaceX reported strong quarterly earnings. The performance helped ease market…
Amazon Australia hikes Prime fee to AU$12.99, citing expanded service scope
3 days ago
Amazon Australia hikes Prime fee to AU$12.99, citing expanded service scope
The annual subscription price also sees an upward revision, moving from AU$79 to AU$99. While one source describes this as…
Jio Platforms’ $3.2bn IPO Becomes India’s Largest Share Sale, Oversubscribed in Hours
3 days ago
Jio Platforms’ $3.2bn IPO Becomes India’s Largest Share Sale, Oversubscribed in Hours
The successful launch marks the second mega IPO in India in a single month, following the National Stock Exchange’s $2.4bn…
SpaceX Shares Jump 4.9% on AI Computing Demand and Merger Speculation
4 days ago
SpaceX Shares Jump 4.9% on AI Computing Demand and Merger Speculation
The price appreciation came amidst growing speculation about a potential corporate deal involving Tesla. Barclays analysts suggested last week that…
Musk Floats SpaceX-Tesla Merger, Citing AI Synergies and Control Gains
4 days ago
Musk Floats SpaceX-Tesla Merger, Citing AI Synergies and Control Gains
Musk emphasized that the primary driver for such a merger is the pursuit of "superintelligence." "There’s lots to be gained…