economy

Economy and the area of production, distribution, trade, and consumption of goods and services.

Oil Prices Tumble Over 2% as Demand Concerns Outweigh Middle East Supply Risks
Oil settled down more than 2% on Thursday, reversing course after a week of gains, as investors focused on signs of weaker global demand and a sharp build in US crude inventories.
By Mark Lim 2 months ago in Journal
Hope on the Horizon: Goolsbee Sees 'Golden Path' as Inflation Data Improves
Federal Reserve Bank President Austan Goolsbee on Thursday expressed cautious optimism about the latest U.S. inflation data, signaling a potential shift in the central bank's outlook as the effects of tariffs and the war in Iran begin to recede.
By Mark Lim 2 months ago in Journal
The Ringgit's Balancing Act: Why Malaysia's Currency Is Caught Between Politics and the Mighty Dollar
The ringgit is likely to remain under pressure in the near term, though economists expect the currency to remain broadly range-bound around current levels as domestic political uncertainty and external risks weigh on market sentiment.
By Mark Lim 2 months ago in Journal
The Provocative Reality Check
In 1982, American political scientist Chalmers Johnson coined a term: the developmental state. He gave it four conditions.
By Jin2 months ago in Journal
Turbulent Property Market Having Drastic Effect On Public Finances
Over a third of people selling their homes in England and Wales could have their asking price slashed at least once before any sale is finalised. That’s according to new data released by We Buy Any Home who commissioned a study which looked at the value of just under a million property sales between 2023 and 2025. The main finding of the study was just over a third of houses which were sold in 2025 had undergone at least one reduction compared to just over 8% in 2023.
By Ashish Prabhu2 months ago in Journal
RBA Holds Steady at 4.35%, Warns of Possible Hike If Inflation Rebounds
Australia's central bank held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as expected, but warned it might hike again if needed to control inflation.
By Mark Lim 2 months ago in Journal
Singapore GDP Surges 5.9% in Q2, Government Sharply Raises 2026 Forecast on AI Boom
Singapore's economy grew 5.9% in the second quarter of 2026 from a year earlier, according to government data released Tuesday, surpassing both the official advance estimate and market expectations. The robust performance in the first half of the year has prompted the Ministry of Trade and Industry (MTI) to sharply raise its full-year growth forecast.
By Mark Lim 2 months ago in Journal
Europe's Battery Blind Spot: How Dependency on Asia Is Costing the Continent Billions
Europe's automotive industry is facing a stark reality: its dependence, particularly on Chinese battery manufacturers, is increasing significantly. According to a recent analysis by Deloitte, 77 percent of battery cells for electric vehicles were manufactured in Asia last year (2024: 70%), while Europe's share remained unchanged at 13 percent. Furthermore, 98 percent of European production capacity is controlled by Asian companies (2024: 97%). Overall, global production capacity increased by 26 percent within a year to 920 gigawatt-hours.
By Mark Lim 2 months ago in Journal
Before You Apply for Another Work-From-Home Job
Before You Apply for Another Work-From-Home Job, Do These 10 Things Finding a legitimate work-from-home job shouldn't feel like trying to navigate a minefield.
By Timothy A Rowland3 months ago in Journal
The people who built the machine
I have always considered myself one of those people who believed that most people are essentially good. I’ve always tried to give people the benefit of the doubt because, despite everything, I still want to have faith in humanity.
By mark bradley (mark45xxx)3 months ago in Journal
She Smashed a Statue and Said "Watch Me." The Internet Watched Her Die.
Guangzhou, August 10, 2026, a clear day. A girl stopped breathing in an ICU. Her name was Jiang Xiaorou. She was 24. Tubes ran from her body. Around her, the monitors traced flat, unbroken lines.
By Jin3 months ago in Journal
7 Red Flags That Scream “This Job Is a Scam”
Working from home sounds like the perfect solution. No commute. No office politics. More flexibility. And, depending on the job, the possibility of earning a decent income from the comfort of your own home.
By Timothy A Rowland3 months ago in Journal