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The Latest Breaking News from Economy

Economists stress inflation warning for Thai economy

Escalating inflation poses a significant risk to the Thai economy, especially if the US-Iran war drags on until the second half of the year, as domestic consumption remains fragile and small businesses in provincial markets face a liquidity crunch, say economists.

Bangkok Post

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Association rejigs telecom for AI economy

The Telecommunications Association of Thailand (TCT) wants to position the sector as digital infrastructure forming part of Thailand's artificial intelligence (AI)-driven digital economy.

Bangkok Post

The Fed is dusting off a 60-year-old economic theory to explain why AI's entry-level job cuts could devastate corporate America

Kenneth Arrow argued that experience-based knowledge ripples through the entire economy. Automating entry-level jobs doesn't just hurt young workers, it could hollow out the companies doing the cutting.

Fortune

US stocks slip after oil prices rise and Nvidia's latest profit report gets a yawn

The U.S. stock market is slipping following a rebound for oil prices and mixed reports on the U.S. economy

AAP

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Iran war squeezes Europe’s economy as growth slumps, prices surge

Europe’s economy is slowing sharply as the Iran war drives up energy costs, deepening pressure on households and challenging policy makers. Fresh data for May showed euro zone business activity contracted at its fastest pace in more than two years while inflation pressures intensified, raising fears of a prolonged cost-of-living…

France 24

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Euronews

'Historic' UK trade deal with Gulf states set to add billions to British economy

The deal is the first of its kind between the GCC and a G7 country, and will scrap tariffs on billions of euros worth of British exports.

AAP

US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn

The U.S. stock market is drifting following a rebound for oil prices and mixed reports on the U.S. economy

AAP

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US stocks slip after oil prices rise and Nvidia gets a yawn to its latest blowout profit report

The U.S. stock market is slipping following a rebound for oil prices and mixed reports on the U.S. economy

AAP

Two‑day Global Prosperity Summit 2026 concludes successfully

HONG KONG, May 21, 2026 /PRNewswire/ -- The two‑day Global Prosperity Summit 2026 (GPS 2026) successfully concluded today following three fruitful panel discussions. The second day's agenda focused on digital finance, international trade and aerospace development, bringing together global leaders and experts to exchange insights on issues critical to Hong…

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US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy

International Business Times UK

UK Lands First G7 Gulf Trade Deal Worth £3.7B — Without a Human Rights Clause

The UK's landmark trade deal with the Gulf Cooperation Council eliminates £580M in tariffs, boosting the economy by £3.7B annually. Explore the benefits for British businesses and workers.

Barchart

Stocks Slip Before the Open as Oil Rises on U.S.-Iran Peace Deal Uncertainty, PMI Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.40%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.55% this morning as oil prices and bond yields climbed, with investors watching to see whether hopes for a peace deal in the Middle East will turn into tangible progress.

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