Every story in this issue with a short summary, so you can decide what to read before leaving the site. Summaries are written by AI (Claude) only from each publisher's own description and checked by Jev for anything not in that description. They are not full translations. Follow "Read the original" for the full story.
The Asian Banker's weekly brief says the IMF has upgraded its growth outlook. Oil-driven inflation, higher yields and a sell-off in AI shares are straining markets despite the upgrade.
Read the original →Anthropic says AI will drive 47% U.S. economic expansion by 2030. Anthropic's Jack Clark highlights AI's potential to revolutionize scientific research and create new industries. He also warns of risks of misuse.
Read the original →Quintus Sliep of Worldwide Staffing says AI and automation are reshaping work across industries, from warehousing and manufacturing to recruitment, administration and customer service. He says investing in new technology does not automatically boost productivity.
Read the original →More and more companies are handing the first stages of hiring to AI, which screens CVs, books interviews and asks questions. Hiring is speeding up, and the report asks how much is done by machines and when humans still matter.
Read the original →Google is rolling out Universal Cart, its AI shopping tool, in the US ahead of the holiday season. Universal Music Group is launching layoffs and an executive shake-up across the US and UK. Apple and Meta are teaming up on an open AI model built for Mac.
Read the original →AI agents are taking over offices and factory floors, working 24/7 without desks or vacations. NTT Data says their deployment is far more than an IT project. It recommends that companies build their AI workforce according to the traditional HR model.
Read the original →Five senior executives are leaving as the software company reshapes its organization and seeks to cut management layers. The restructuring comes as monday.com tries to convince investors that its AI strategy can reverse a 37% share-price decline this year.
Read the original →LS Electric has signed a long-term supply agreement worth $125.23 million (about 169 billion won) with a U.S. Big Tech company.
Read the original →China is moving to tighten oversight of technology transfers that support its companies.
Read the original →Emerald Book, in a piece published October 18, 2026, says the IMF is warning that a synchronized global tightening cycle is colliding with a historic AI capital bubble.
Read the original →China's National Bureau of Statistics reported on the 19th that July-September GDP rose 4.5% from a year earlier. That is up from 4.3% in April-June but below 5% in January-March. Exports have helped offset weak domestic consumption to some extent, while global trade friction and uncertainty over AI investment cloud the outlook.
Read the original →Constellation, the largest nuclear power operator in the US, plans to increase output at 11 existing reactors by nearly 1 gigawatt in total. The uprates are seen as a way to add clean power quickly for data centers. The open question is how much capacity they can actually add.
Read the original →China's National Bureau of Statistics announced on the 19th that third-quarter (July-September) gross domestic product rose 4.5% in real terms from a year earlier, excluding price changes.
Read the original →BOJ Governor Kazuo Ueda says underlying inflation is nearing 2%. AI demand, a tight labor market, and Middle East-driven raw material costs are adding pressure. His remarks come ahead of the central bank's October 30 policy meeting.
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