Economic news


Europe's STOXX 600 near 3-wk Low as Inflation Worries Weigh

Europe's STOXX 600 near 3-wk Low as Inflation Worries Weigh

European ​shares edged down to nearly a three-week low on Wednesday, as firmer oil prices and concerns over ‌rising inflation offset relief from easing bond yields after the U.S. Treasury announced more liquidity support for longer-dated debt. Euro zone bond yields slipped aft...


August 19, 2026
Gold Jumps Over 3% as US Treasury News Hurts Yields, Dollar
Gold Jumps Over 3% as US Treasury News Hurts Yields, Dollar

Gold surged over ‌3% to its highest in over two and a half months on Wednesday after a surprise liquidity support announcement by...

Euro Zone Yields Slip From Highs After US Treasury News
Euro Zone Yields Slip From Highs After US Treasury News

The pressure on euro zone government bonds eased on Wednesday, with yields slipping from multi-year highs after the U.S....

US 30-Year Treasury Yields Drop from Multi-Year Highs
US 30-Year Treasury Yields Drop from Multi-Year Highs

Yields on 30-year U.S. Treasuries fell sharply on Wednesday ​from around their highest level in 19 years, ‌after the Treasury Department...

Oil Hovers near Three-Week High on Uncertainty over Hormuz
Oil Hovers near Three-Week High on Uncertainty over Hormuz

Oil prices trimmed ​gains but kept near a three-week high hit earlier on Wednesday on uncertainty over shipping through the Strait ‌of...

US, India Fuel Exporters Profit From War Supply Fears
US, India Fuel Exporters Profit From War Supply Fears

Oil refiners in India and the U.S. are reaping a bonanza as wars in Iran and Ukraine have disrupted global fuel supplies,...

Charles Schwab to Expand India Center to 2,000 by 2027
Charles Schwab to Expand India Center to 2,000 by 2027

U.S. financial services firm Charles Schwab plans to expand the workforce at its newly opened ​India-based global capability centre to about 2,000...

Europe Corporate Outlook Gains Beyond Energy Profits
Europe Corporate Outlook Gains Beyond Energy Profits

A broadening corporate recovery beyond surging energy profits pushed Europe's blue-chip earnings forecasts higher for a ninth straight ​week,...

Lyntris, Holders Raise $298M in Downsized US IPO
Lyntris, Holders Raise $298M in Downsized US IPO

Lyntris and some of its existing stockholders raised $297.5 million in a downsized U.S. IPO after pricing below the marketed range and...

Hershey Eyes Health Market With Savory Halloween Snacks
Hershey Eyes Health Market With Savory Halloween Snacks

Halloween trick-or-treating could be less sugary than usual this year as ‌consumers look for healthier snacks and candy companies such as...

Dollar Softens as Bond Market Steadies ahead of Fed Minutes
Dollar Softens as Bond Market Steadies ahead of Fed Minutes

The U.S. dollar slipped against major peers on Wednesday as a ​selloff in Treasuries eased, with investors counting on minutes from the Federal...

FTSE 100 Slips after Inflation Report; Smith+Nephew Drops
FTSE 100 Slips after Inflation Report; Smith+Nephew Drops

London shares edged lower on Wednesday as investors assessed an in-line inflation report, while Smith+Nephew fell after ​announcing the departure...

Bond Selloff Slows, Oil Climbs Further
Bond Selloff Slows, Oil Climbs Further

Global bond yields stabilised on Wednesday near their highest levels in decades on fears of swelling sovereign debt, while oil futures gained ​for...

Samsung Hikes Chip Prices Up to 15% on Surge in Demand
Samsung Hikes Chip Prices Up to 15% on Surge in Demand

Samsung Electronics has raised prices for some advanced contract ​chipmaking services by up to 15% for new orders, two people familiar with...

Japan has Few Answers as Bond Rout Puts Fiscal Plans at Risk
Japan has Few Answers as Bond Rout Puts Fiscal Plans at Risk

Japan is running low on options to fight a bond rout that could push debt financing costs ​above government estimates, leaving Prime Minister Sanae...

Sterling Firm After UK Inflation Matches Expectations
Sterling Firm After UK Inflation Matches Expectations

The British pound clung to gains against the dollar early on Wednesday after data showed UK inflation in July ​picked up, as...

SK Hynix to Buy Back, Cancel $29B Worth of Treasury Shares
SK Hynix to Buy Back, Cancel $29B Worth of Treasury Shares

SK Hynix said on Wednesday it would buy back and ​cancel 40 trillion won ($28.61 billion) worth of treasury ‌shares and allocate more...

China Seen Holding Loan Rates Steady in Aug Despite Weakness
China Seen Holding Loan Rates Steady in Aug Despite Weakness

China is widely expected to leave benchmark lending rates steady for a 15th consecutive month in August, a Reuters survey showed, ​despite recent...

Tech Selloff Weighs Down Wall Street as Bond Yields Climb
Tech Selloff Weighs Down Wall Street as Bond Yields Climb

Wall Street's main indexes closed lower on Tuesday with semiconductors leading technology declines as Middle East uncertainty ​pushed bond...

Cerebras Launches Chip and System to Speed AI Chatbots
Cerebras Launches Chip and System to Speed AI Chatbots

Cerebras Systems announced on Tuesday a new version of its server hardware that includes its dinner-plate-sized chips that it says will ​speed...

Nvidia H200 Chips Reach China in Small Shipments, FT Reports
Nvidia H200 Chips Reach China in Small Shipments, FT Reports

Small batches of Nvidia's H200 chips, one ​of the company's most powerful AI ‌chips, have been allowed to enter mainland China,...

US Securities Regulator Proposes Long-Awaited Crypto Rules
US Securities Regulator Proposes Long-Awaited Crypto Rules

The U.S. Securities and Exchange Commission on Tuesday proposed a new regulatory framework for crypto assets, the first ‌major step under U.S....

August 18, 2026
FTSE 100 Steady as Energy Stocks Offset Bond Jitters
FTSE 100 Steady as Energy Stocks Offset Bond Jitters

The UK's ​FTSE 100 steadied on Tuesday after six straight sessions of declines as a ‌rise in healthcare and energy stocks offset broader...

Baidu CEO Vows to Return Ernie to AI Frontier After Miss
Baidu CEO Vows to Return Ernie to AI Frontier After Miss

Baidu, CEO Robin Li vowed on ‌Tuesday to bring the company's Ernie large language model back to the frontier of AI, after the Chinese tech...

Comcast Expands Xfinity Security to Deepen Broadband Ties
Comcast Expands Xfinity Security to Deepen Broadband Ties

Comcast is expanding its Xfinity home security offerings with a new platform that combines Wi-Fi-based protection ​with cybersecurity and...

Einride Sees Faster Growth, Adds 500 Tesla Semis to Fleet
Einride Sees Faster Growth, Adds 500 Tesla Semis to Fleet

Einride AB said it expects revenue growth rate to more than double in the second half of ​the year and announced a deal to add 500...

Goldman Sachs to Buy LCN Capital Partners for Up to $410M
Goldman Sachs to Buy LCN Capital Partners for Up to $410M

Goldman Sachs will buy commercial real estate investor LCN Capital Partners for as much as $410 million, the Wall Street ​bank said on...

Home Depot Steady on Repair Demand Amid Subdued Housing
Home Depot Steady on Repair Demand Amid Subdued Housing

Home Depot beat Wall Street estimates for second-quarter sales and ​profit on Tuesday, as strong demand from customers for repair and...

US 30-Year Yields Hit Highest Since 2007 on War, Oil Fears
US 30-Year Yields Hit Highest Since 2007 on War, Oil Fears

U.S. 30-year Treasury yields rose to their highest level since 2007 on Tuesday as stalled talks to end the U.S.-Iran ‌war and worries of an...

Oil Prices at near 3-Week High as US-Iran Peace Hopes Fade
Oil Prices at near 3-Week High as US-Iran Peace Hopes Fade

Oil prices traded slightly higher ​for a third session on Tuesday as prospects receded for a deal to end the Middle ‌East war, with Iran...

Pony.ai Plans to Deploy more than 4,000 Robotaxis Abroad
Pony.ai Plans to Deploy more than 4,000 Robotaxis Abroad

Chinese autonomous driving company Pony.ai has a pipeline of planned and potential overseas robotaxi ​deployments of more than 4,000 vehicles,...

German ZEW Investor Morale Beats Expectations in August
German ZEW Investor Morale Beats Expectations in August

German investor morale rose more than expected to 34.2 points in August, the ZEW economic ​research institute said on Tuesday, as positive...

Indian Shares Fall Further as Mideast Peace Hopes Fade
Indian Shares Fall Further as Mideast Peace Hopes Fade

Indian share benchmarks extended their losing streak on Tuesday, as fading hopes of an ​imminent end to the Iran war kept crude oil prices...

Brookfield Targets Australia's Reliance again with $2.9B Bid
Brookfield Targets Australia's Reliance again with $2.9B Bid

Global investment firm Brookfield is taking a fourth shot at buying ​Reliance Worldwide with an A$4.1 billion ($2.91 billion) bid,...

UK Labour Market Loses more Momentum in Second Quarter
UK Labour Market Loses more Momentum in Second Quarter

Britain's labour market cooled further in the second quarter, marked by slowing earnings growth in ‌the private sector and the smallest...

Sterling Dips after Data Points to Cooling UK Labour Market
Sterling Dips after Data Points to Cooling UK Labour Market

The pound fell slightly on Tuesday after data pointed to a slowing labour market as Britain's unemployment rate came in above...

Dollar Weakens as Rate Hike Bets Fade, Iran War in Focus
Dollar Weakens as Rate Hike Bets Fade, Iran War in Focus

The U.S. dollar rose slightly on Tuesday but remained near multi-month lows against its peers as ​traders reduced their bets on rate hikes,...

Bond Sell-Off Hits US, Japan Over Inflation, Fiscal Fears
Bond Sell-Off Hits US, Japan Over Inflation, Fiscal Fears

Long-term borrowing costs from the United States to Japan and Germany rose to their highest levels in decades on Tuesday, as renewed inflation...

Temasek-Backed Milky Mist Jumps 30% in Debut to Hit $1.5B
Temasek-Backed Milky Mist Jumps 30% in Debut to Hit $1.5B

Temasek-backed Milky Mist Dairy Food rose roughly 30% in its Indian ​trading debut on Tuesday as investors bet on growing demand for...

Bond Yields Rise, Oil Extends Gains as US-Iran Truce Ends
Bond Yields Rise, Oil Extends Gains as US-Iran Truce Ends

Bond ​yields climbed on Tuesday to their highest in decades, with oil prices rising for a third day ‌and stocks under pressure in Asian trade...

Gold Slips as Yields, Oil Rise; Focus Turns to Fed Minutes
Gold Slips as Yields, Oil Rise; Focus Turns to Fed Minutes

Gold fell ​on Tuesday, pressured by higher Treasury yields and oil prices, while ‌traders awaited minutes of the U.S. Federal Reserve's...

Japan 10-Yr Yield Hits 30-Year High on Inflation Worries
Japan 10-Yr Yield Hits 30-Year High on Inflation Worries

Japan's benchmark 10-year government bond yield climbed to a three-decade high on Tuesday as a stalemate in ​the Middle East conflict...

Wall Street Slips as Oil Prices Rise, Retail Results Awaited
Wall Street Slips as Oil Prices Rise, Retail Results Awaited

Wall Street's three major indexes finished lower on Monday as investors waited ‌for quarterly reports from large retailers to provide...


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