The GDP value of AI is smaller than it might appear given that a lot of high-tech equipment is imported, according to a ...

Learn about market failure in economics, where supply and demand imbalances lead to inefficient distribution, its types, and causes.

Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes in transforming economic theory.

In Japan, phrases like "sustainable society" and "sustainable development goals (SDGs)" have become buzzwords in recent years. With the numerous challenges facing modern-day societies, which include ...

This first appeared in the Planet Money newsletter. You can sign up here. Last week, news spread that a Chinese AI company, DeepSeek, had built a cutting-edge chatbot at a fraction of the cost of its ...

On recent sunny but cold winter morning, inside the Dajixiang, also known as Daji Alley, a commercial complex in Beijing's Xicheng District, a fragrance shop named "Song Chao" drew scores of costumers ...

Multiple regions across China have rolled out consumption campaigns at the end of the year, featuring diverse promotions and immersive experiences across retail, culture and tourism, sports and ...

Gasoline consumption in China has declined in recent months due to rising electric vehicle sales, sluggish economic growth, and a declining population. China's gasoline consumption averaged 3.2 ...

BENGALURU (Reuters) -Thailand's economic growth likely slowed sharply last quarter as weak household spending and ongoing domestic uncertainty offset gains from exports, a Reuters poll of economists ...