Market fire in Indonesia kills 11, including six children
A massive fire at a market in Babuda, Central Papua killed 11 people including six children, destroying around 40 homes and shops.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Cobertura (9527 artículos)
Diesel prices emerge as key inflation wildcard for Fed rate-cut hopes
Diesel fuel prices are becoming a significant obstacle to US inflation decline, potentially complicating Federal Reserve decisions on interest rate reductions despite broader disinflationary trends.
Design leaders: AI will be the intern, not the replacement
Industry leaders argue AI will enhance designer work rather than replace it, with design sector employment growing 15% despite rapid AI adoption. The Design Council reports design economy expanded 40% since 2019, outpacing overall economic growth.
SSS launches digital micro-loans via UnionDigital Bank for OFWs and members
SSS members can now access P1,000-P20,000 short-term loans through UnionDigital Bank's mobile app at 8% annual interest, targeting OFWs and those excluded from conventional credit channels.
PH rice stocks tumble 6.3% as inflation surges to 19.4%
Philippine rice inventories fell 6.3% year-over-year to 2.18 million metric tons in August, while rice inflation accelerated to 19.4%, pressuring household food budgets.
South Africa's Energy Transition Reaches Critical Inflection Point as Private Investment Surges
South Africa's energy system is transitioning beyond its power crisis as private clean-power investment surges, but grid capacity constraints threaten to limit economic growth potential.
Atlas Copco Positioned as AI Infrastructure Play Within Industrial Sector
Analyst rates Atlas Copco (ATLKY) a Buy, citing the company's positioning to benefit from surging semiconductor industry demand driven by AI infrastructure growth.
Taizhou construction steel prices snapshot: September 7, 2026
MySteel reports construction steel pricing data for Taizhou as of September 7, 2026, covering wire rod and rebar products from major Chinese mills including Shagang, Yonggang, and Zenith Steel.
Southern Africa's agricultural growth hinges on dismantling trade barriers, economist argues
Agricultural economist argues Southern Africa's farming sector needs easier regional trade to drive growth, but import restrictions and phytosanitary disputes between countries undermine SADC's free trade commitments.
Indian Markets Poised for Weak Open as Oil Surge, Rate Hike Bets Offset Asian Rally
Indian benchmark indices face a weak opening Monday as crude oil climbs above $96 and Fed rate hike expectations rise, though Asian rallies and domestic institutional buying provide support.
Nifty Breaks 24,000 Support; Analysts Suggest Market-Neutral Trades Amid Volatility
India's Nifty index fell for the fourth consecutive week, breaching the 24,000 support level at 23,897.7. Analysts recommend market-neutral strategies and identify specific stocks for potential gains amid expected volatility.
Gold retreats as rate-hike expectations weigh; inflation data awaited
Gold prices slip as markets price in potential rate hikes, with upcoming inflation data expected to influence near-term precious metals trading.
Bay of Plenty unemployment falls but remains above national average amid cost-of-living pressures
Bay of Plenty's unemployment rate fell to 5.8% from 4.9%, driven by more people actively seeking work amid rising living costs rather than job losses. The rate remains higher than the national average despite employment gains.
China injects $54bn into state banks and insurers to combat economic slowdown
China is injecting $54 billion into state banks and insurers to boost economic growth amid concerns over sluggish expansion. The capital injection aims to strengthen the financial sector's ability to support broader economic recovery.
China injects $54bn into state banks and insurers to shore up slowing economy
China is pumping $53.6 billion into eight state-owned banks and insurers to stabilize its financial system amid slowing economic growth, trade tensions, and demographic challenges.
EarFun Launches Wave Pro X: Dual-Driver Headphones With 90-Hour Battery at $129.99
EarFun released the Wave Pro X over-ear headphones featuring dual-coaxial drivers, adaptive noise cancellation, and 90-hour battery life at $129.99, positioning itself in the competitive mid-priced wireless audio market.
Treasury yields test 4.8% as fiscal risks ripple across markets
U.S. Treasury yields are testing the 4.8% level as fiscal risks threaten broader market spillover effects. Rising global bond rates are creating ripple effects across asset classes.
Japan Sold Treasuries to Fund Record Yen Intervention in August
Japan sold U.S. Treasury holdings to fund record currency intervention in August, resulting in the largest-ever monthly drop in foreign reserves to $1.208 trillion.
Samsung's 48-hour secret sale offers up to 50% off watches, TVs, phones
Samsung is running a limited 48-hour promotional sale offering discounts up to 50% on Galaxy devices including smartphones, tablets, watches and TVs using code SECRETSEP at checkout.
Dólar se congela en 683 pesos mientras euro cede en cierre del mercado informal cubano
El dólar cierra sin variaciones en 683 pesos cubanos mientras el euro retrocede dos pesos a 775 CUP en el mercado informal de Cuba. La brecha con el tipo oficial se mantiene significativa.
Dollar Underwhelms Despite Fed Rate Hike Expectations
The U.S. dollar showed minimal gains despite increased market expectations for Federal Reserve interest rate hikes, suggesting other factors are limiting currency strength.
Asia Tech Shares Rally as Oil Prices Rise, Other Markets Show Caution
Asian technology shares rallied while other sectors showed hesitation as crude oil prices rose, reflecting divergent market sentiment across regions and asset classes.
Connecticut School Honors 9/11 Victim Through Education Legacy
The Adam J. Lewis Academy in Bridgeport, Connecticut honors principal Patty Lewis' husband, who died in the Sept. 11 attacks, transforming personal tragedy into an educational institution 25 years later.
Japan's Foreign Reserves Hit Record Drop After Massive Yen Intervention
Japan's foreign reserves fell by a record amount in August following unprecedented yen-support intervention. The decline reflects the central bank's efforts to stabilize the currency amid market volatility.