Global economy stories

Ransomware, a $10.5tn cybercrime industry by 2025, uses a professional economic model driving global attacks, with governments moving to curb payments.

Ransomware has evolved into a profit-centric business, driving cybercrime costs to USD $10.5 trillion and reshaping global cybersecurity risks and responses.

Manufacturers face supply chain pressures and skills shortages but embrace AI and digital tech to boost efficiency and resilience globally.

Enterprises prioritising digital sovereignty over AI and data achieve up to five times higher ROI, outperforming peers with secure, scalable AI platforms, says study.

Global business hotel bookings fell 5.35% in H1 2025, led by a 10.65% US decline amid tariff uncertainty and reduced advance planning.

Inefficient contract management costs the global economy AUD $3.13 trillion annually, hindering productivity despite advances in digital tools and AI adoption.

Stripe unveils AI-powered payments model and stablecoin accounts, enhancing fraud detection and global money management in 101 countries.

Tata Consultancy Services climbs to 45th in Kantar BrandZ 2025 report, hitting a brand value of USD $57.3bn with 28% annual growth.

OpenAI's forum revealed how reasoning AI, like the new O-series models, is set to transform global economics, work, and international security strategies.

EY has launched the EY.ai Agentic Platform with NVIDIA, aiming to enhance tax, risk, and finance sectors through AI-driven solutions.

Perforce's 2025 State of Software Report reveals automotive developers face rising AI integration and safety challenges, with 50% citing the global economy as a key issue.

March saw a dramatic 20% drop in global crypto market cap, driven by trade tensions and a major exchange hack, with stablecoins hitting USD $224 billion.

As International Women's Day 2025 arrives, leaders are urged to build an equitable AI future, valuing inclusion over speed in technological growth.

Singapore's 2025 Budget launches extensive measures to boost SME competitiveness, featuring a USD $3 billion productivity fund and AI integration support.

A study by Modulr reveals that 75% of UK accountants are facing rising demand for advisory services, while inefficiencies in payment processes hinder productivity.

The rise of artificial intelligence is reshaping procurement and cybersecurity, as firms look to harness its potential while safeguarding critical data.

New Zealand stands on the brink of becoming a global tech leader, but it must cultivate more sustainable start-ups rather than focusing solely on unicorns.

Adrian Przelozny forecasts a transformative 2025 for cryptocurrency, buoyed by pro-crypto US policies and growing institutional investment.

Zendesk has appointed Mitch Young as Senior Vice President for Asia Pacific, tasked with driving the company's growth in key markets like Australia and India.

Financial crime is set to cost global economies USD $485.6 billion in 2023, prompting calls for Corporate Digital Identity to enhance fraud prevention.