Economic news

General Motors remained the top US auto seller during the third quarter despite a dip in sales, but ​Toyota Motor continued chipping away...

The Indian rupee dropped to its weakest level in two months as global bond yields surged to ​decadal highs and oil prices jumped, deepening...

Global bonds were engulfed in another sell-off on Thursday, squeezing already pressured government finances, as borrowing costs ‌from the US...

Only 13% of companies were on track with their AI initiatives, as regulatory ​hurdles and integration with legacy IT systems ‌slowed...

Factory growth in the euro zone continued its upward march in September, hitting its fastest rate in more than four years, as resilient demand...

Germany's manufacturing sector sustained its upturn in September as production levels and new ​orders once again registered strong growth...

Round-up of South Korean financial markets: ​South Korean shares recouped early losses to end nearly 2% higher on ‌Thursday, led by gains...

Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a ​supportive macroeconomic backdrop and a...

Asian technology stocks rose on Thursday boosted by blockbuster earnings from ​AI chipmaker Micron, although US bonds struggled...

Factory activity across Asia expanded in September thanks to the global ‌AI boom, private surveys showed on Thursday, offering some relief to...

The US economy grew at a solid clip in the second quarter, driven by robust consumer spending and business investment related to the buildout of AI...

Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a...

Huawei Technologies [RIC:RIC:HWT.UL] unveiled its Mate 90 smartphone series on Thursday, betting on ​its in-house operating system and redesigned...

US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely...

BMW set out a restructuring plan on Wednesday centred on ‌AI, management cuts and two new model launches as the German luxury...

The US securities regulator proposed new regulations on Wednesday aimed at expanding access to private assets that have traditionally...

Ford CEO ​Jim Farley said a supplier issue that ‌affected F-150 pickup-truck output in recent days has been resolved, but the snag has...

US Transportation Secretary Sean Duffy said Wednesday he does not ​currently see any safety concern stemming from a software ‌issue involving...

General Mills on Wednesday appointed Chief Operating ​Officer Dana McNabb as its CEO, leaning on an insider to steer the ‌company through...

Hormel Foods ​on Wednesday said it would buy ‌family-owned chicken processor Brakebush Brothers for $1.06 billion, as the Skippy peanut...

German ​inflation accelerated slightly more than expected ‌in September due to the energy price shock of the Iran war, following ​the trend in...

State Bank of India, the country's largest lender, led the demand for Reliance Industries' 130-billion-rupee ($1.35 ​billion)...

The Indian rupee was among the worst performers in Asia this quarter and over the last 30 days, hit by worries over ​elevated crude prices and...

Gold prices edged higher ​on Wednesday but remained on track for a monthly decline as prospects of higher interest ‌rates dented sentiment,...

Sterling hit ​a 6-week high versus the euro on Wednesday after data showed the UK economy grew faster than ‌previously expected in...

London's FTSE 100 ​rose on Wednesday as investors assessed stronger-than-expected GDP data, and was ‌on course for a monthly loss as...

Oil prices rose on Wednesday and were on track for a big monthly ‌gain as US-Iran talks aimed at ending their war stalled and tight...

Private-sector members of Japan's key economic advisory panel reiterated the need for close coordination on monetary policy between the...

Singapore state investor Temasek said on Wednesday it planned to open offices in Riyadh ​and Abu Dhabi in the first half of 2027, ‌subject to...

India's monthly equity derivatives expiry on Tuesday signalled a risk-off turn, marked by broad unwinding of bullish positions, a fresh buildup...

Global bonds wobbled on Wednesday and were set for their worst month in years, hit by a toxic mix of deteriorating government finances, a ​glut of...

US stocks ended the session slightly lower on Tuesday, as government bond yields continued their ascent ahead of ​inflation and labor market data,...

Saint Laurent creative director Anthony Vaccarello unveiled a head-to-toe gold collection of ​slinky dresses and textured tailoring at Paris...

As a US ban on many Canadian alcohol ​imports takes effect on Tuesday, John Cote had hoped to boost domestic sales of his Black Fox artisanal...

China will start collecting an additional 55% tariff on Brazil's beef shipments ​on October 1 after the South American country reached its...

The European Investment Bank and BNP Paribas have signed an agreement to mobilise €700 ​million in guarantees for European electricity...

Gold prices ​rose 1% on Tuesday but expectations of tighter monetary policy by the ‌Federal Reserve driven by rising concerns of inflation...

The South African rand was little changed on Tuesday ​as investors weighed lower oil prices, higher ‌gold prices and domestic economic data...

Unsecured lending to British households rose at the fastest annual pace since at least ​1993 in August, Bank of England data showed on Tuesday,...

Canada's economic growth was flat in July, data showed on Tuesday, in line with expectations and signaling a slower ​start to the third quarter...

The pound fell against the dollar on Tuesday, caught up in the global trend, but strengthened marginally against the ​euro as traders awaited a...

China unveiled measures on Tuesday ​designed to steer cheaper credit into a range of sectors including infrastructure and technology, as well as...