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ARTIFICIAL INTELLIGENCE ECONOMY
US, India must deepen cooperation on AI, semiconductors for shared security: Gina RaimondoShe recalled that during an earlier meeting with Prime Minister Narendra Modi, their conversation centred on AI and the potential for India...
Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culpritsThe IMF has flagged three risks to global financial stability: an AI-driven market correction, rising sovereign bond yields and cyberattack...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
IMF sounds alarm on mounting fiscal strains as major economies grapple with high debtThe IMF has urged major economies to rein in fiscal deficits and rebuild financial buffers as high public debt and rising borrowing costs l...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
- Singapore's President warns of AI's risk to employment for fresh graduates
During the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking jo...
DBS Chief sees overseas confidence in India despite capital outflow concernsDBS Bank CEO Tan Su Shan emphasized the strong demand for FCNR(B) deposits as investor confidence in India. She highlighted India's potenti...
Most trustworthy AI system demands least inherent model trust: Microsoft CEO Satya NadellaThe most trustworthy Super Intelligence system will not be the one powered by the model users trust the most, but rather the system that al...
DBS CEO cites FCNR(B) success as proof of global faith in India, calls for more FDIDBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She empha...
Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
Lawmakers raise alarm at Google plan to acquire Spirit Airlines data for AI modelsMore than 120 US lawmakers raised concerns about Google's deal to acquire Spirit Airlines' internal data for artificial intelligence. The d...
Donald Trump gives 'national treasure' Elon Musk top US medal after riftDonald Trump presented Elon Musk with the top US science medal on Thursday, as the rocket tycoon fully returned to the president's orbit af...
Growth hinges on local reforms, not protectionism: Indermit GillIndia holds a unique opportunity to enhance its economic growth but must address internal challenges effectively. Rapid reform and the effi...
Spy chief Jay Clayton, the Trump loyalist tech bosses trust on AIThe 60-year-old lawyer, who will keep his post as director of national intelligence, is unlikely to question the central place of artificia...
Central Asia's biggest state holds month-long initiative to promote AI & digital techKazakhstan is hosting AI MONTH to emphasize the importance of artificial intelligence in digitalization. The AI & Digital Bridge 2026 forum...
US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...