Economic news


Rupee may Drift to 96 on Oil and US Yields Drag

Rupee may Drift to 96 on Oil and US Yields Drag

The Indian rupee is poised to weaken towards 96 per U.S. dollar after a third consecutive night of U.S. strikes ​against Iran reinforced fears of the fragile ceasefire breaking down ‌and fuelled a renewed rise in oil prices. Hawkish comments from a Federal Reserve official sent U.S. yie...


July 14, 2026
Pound Marches Higher as Investors Focus on UK Politics
Pound Marches Higher as Investors Focus on UK Politics

The pound rose against the dollar on Tuesday as investors took profits after the U.S. currency's recent climb to more than one-year highs ahead...

India to Ban Forced Labour Imports amid US Probe
India to Ban Forced Labour Imports amid US Probe

India has prohibited the ​import of goods produced using forced ‌labour, the trade ministry said on Tuesday, in a move that could help avert...

London's FTSE Indexes Ease as Iran Conflict Rattles Markets
London's FTSE Indexes Ease as Iran Conflict Rattles Markets

FTSE 100 down 0.3%, FTSE 250 ​down 0.7% BP gains on stronger trading, refining margin outlook Investors await ‌U.S. inflation data, Warsh...

India Draws nearly $10B via RBI Drive to Support Rupee
India Draws nearly $10B via RBI Drive to Support Rupee

India ​has attracted roughly $10 billion in inflows through the Reserve Bank of India's special deposit programme for overseas Indians, two...

Inside South Korea's World-Beating Bear Market
Inside South Korea's World-Beating Bear Market

When South Korean President Lee Jae Myung set a 5,000-point target for the KOSPI last year, it looked wildly ambitious and needed a market that was...

German Retailers Warn of Worse Business as Costs Rise
German Retailers Warn of Worse Business as Costs Rise

German retailers are facing worsening business conditions as rising energy, labour and ​purchasing costs squeeze profits while sales remain...

CXMT Sets July 27 for Asia's Biggest IPO of 2026, Sources
CXMT Sets July 27 for Asia's Biggest IPO of 2026, Sources

China's ChangXin Memory Technologies (CXMT) is scheduled to list on July ​27 on the Shanghai Stock Exchange, two people familiar with the...

Samsung Explores Potential US Listing via ADRs, Reports
Samsung Explores Potential US Listing via ADRs, Reports

Samsung Electronics Co. is in ​the early stages of exploring a ‌potential offering of American Depositary Receipts (ADRs), Bloomberg News...

Gold Rises from Two-Week Low ahead of US Inflation Data
Gold Rises from Two-Week Low ahead of US Inflation Data

Gold rose on Tuesday after hitting a two-week ‌low earlier in the session, as markets awaited key U.S. inflation data, with escalating...

Oil Hits Four-Week High as US-Iran Conflict Escalates
Oil Hits Four-Week High as US-Iran Conflict Escalates

Oil prices rose on ‌Tuesday to their highest in four weeks, as the U.S. reimposed a naval blockade of Iran and renewed attacks between...

China Tells Banks not to re-Discount Bills below 0.5%
China Tells Banks not to re-Discount Bills below 0.5%

Chinese regulators have issued guidance to some banks barring them from conducting bill re-discount ​operations at rates below 0.5%, sources said...

HCLTech Slides; Unchanged Outlook Signals Demand Uncertainty
HCLTech Slides; Unchanged Outlook Signals Demand Uncertainty

Shares of India's HCL Technologies fell as much as 3.2% on Tuesday after analysts said the ​IT services firm's decision to maintain...

Asian Stocks Dip as Oil Rises on Trump Hormuz Threat
Asian Stocks Dip as Oil Rises on Trump Hormuz Threat

Stocks yoyoed between gains and losses and ​oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the U.S. was...

Dollar Steady before US Inflation Data; Yen under Pressure
Dollar Steady before US Inflation Data; Yen under Pressure

The dollar steadied on Tuesday ahead of ​U.S. inflation data, with Middle East tensions lifting oil prices while the yen was calm amid caution over...

Vault, Genesis Merger Creates $8.7B Australian Gold Miner
Vault, Genesis Merger Creates $8.7B Australian Gold Miner

July 14 (Reuters) - Genesis Minerals has agreed to acquire smaller peer Vault ‌Minerals in a deal that would create Australia's...

China's June Oil Imports Hit near 10-Year Low amid Iran War
China's June Oil Imports Hit near 10-Year Low amid Iran War

China's June crude imports slumped 41.3% to their lowest in almost a decade as refinery run rates hit a ten-year low ​due to weak domestic...

Wall St Ends Lower as Iran Tensions Dent Risk, Chips Drop
Wall St Ends Lower as Iran Tensions Dent Risk, Chips Drop

Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he ​would reinstate a blockade on Iranian...

Britons Buy Clothes, Fans and Booze amid the World Cup Heat
Britons Buy Clothes, Fans and Booze amid the World Cup Heat

A heatwave and the men's soccer World Cup drove up consumer spending in Britain ​in June, according to data published on Tuesday. Barclays...

UK Firms, Energy Sector Urge new PM to Slash Power Taxes
UK Firms, Energy Sector Urge new PM to Slash Power Taxes

Britain's new prime minister must slash energy levies paid by businesses to speed up economic ​growth, a leading employers group and an energy...

S.Korea to Raise Rates for 1st Time in over 3 yrs on July 16
S.Korea to Raise Rates for 1st Time in over 3 yrs on July 16

South Korea's central bank is expected to raise interest rates on Thursday for the first time in more than three years and deliver another...

July 13, 2026
FTSE 100 Flat; Energy Gains Offset Losses amid Iran Tension
FTSE 100 Flat; Energy Gains Offset Losses amid Iran Tension

UK's FTSE 100 ended flat on Monday as a ‌rally in oil prices boosted energy stocks, helping offset losses in financials and mining stocks...

Aditya Birla Renewables to Buy Shell's Sprng Energy
Aditya Birla Renewables to Buy Shell's Sprng Energy

Grasim Industries' renewables unit ​will buy Sprng Energy from British oil major Shell in ‌a deal worth $1.8 billion, including...

Bitcoin Sales Expose Faltering Crypto Hoarding Firms
Bitcoin Sales Expose Faltering Crypto Hoarding Firms

A ​move by Michael Saylor's bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a...

Oregon Drops Motion to Delay Paramount-Warner Bros Deal
Oregon Drops Motion to Delay Paramount-Warner Bros Deal

July 10 (Reuters) - The Oregon attorney general's office said on Friday it has withdrawn its court motion to delay...

Crypto Exchanges Sell Derivatives amid SpaceX Frenzy
Crypto Exchanges Sell Derivatives amid SpaceX Frenzy

Before SpaceX goes public, crypto exchanges are giving traders a way to make risky bets on the company's future share price. Billions of...

Brazil Coffee Faces El Niño Headwinds, Crops more Resilient
Brazil Coffee Faces El Niño Headwinds, Crops more Resilient

El Niño could cut Brazil's expected record harvest by up to a fifth, according to the Brazilian Coffee Industry Association (Abic), as...

Foreign Investors Selective as Tech Firms Follow SK Hynix
Foreign Investors Selective as Tech Firms Follow SK Hynix

South Korean chipmaker SK Hynix may have had a rousing $26.5 ​billion U.S. share sale and market debut last week, but that owed much to its...

US Health Watchdog Expects $5.56B in Recoveries and Savings
US Health Watchdog Expects $5.56B in Recoveries and Savings

The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected ​savings over six months and...

Pound Slips as Iran Strikes Push Up Oil Prices, Boost Dollar
Pound Slips as Iran Strikes Push Up Oil Prices, Boost Dollar

The pound fell slightly on Monday as currency markets wavered in response to renewed hostilities between the U.S. and Iran, which pushed...

Wall Street Banks Boost Digital Tools for Productivity
Wall Street Banks Boost Digital Tools for Productivity

Major banks are ramping up how they incorporate digital assistants in their daily operations, determining how such agents interact with human...

Europe's Helsing Raises $1.8B, Valued at $18B
Europe's Helsing Raises $1.8B, Valued at $18B

Helsing said on Monday it had raised $1.8 billion in ​a Series E funding round that values ‌the Munich-based firm at $18 billion, cementing...

Korean Air Q2 Profit Falls 34% Despite Record Revenue
Korean Air Q2 Profit Falls 34% Despite Record Revenue

Korean Air Lines reported a 34% drop in second-quarter operating profit ​on Monday, as surging fuel costs weighed ‌on earnings despite...

Oil Jumps over 3% as Strikes Threaten Hormuz Shipments
Oil Jumps over 3% as Strikes Threaten Hormuz Shipments

Oil prices surged more than ‌3% on Monday after renewed military strikes between the United States and Iran reignited concerns over energy...

Slowing China GDP Growth Raises Stimulus Expectations
Slowing China GDP Growth Raises Stimulus Expectations

China's economy likely slowed in the second quarter after a solid start to the year, as weak domestic demand offset the ‌boost from...

Japan Pension Pivot Seen as Slow Burn, not Fire Sale
Japan Pension Pivot Seen as Slow Burn, not Fire Sale

A pivot in Japan's massive retirement assets would likely manifest as a slow redirection of maturing debt rather than a fire sale that could...

Stellantis Q2 Shipments Rise 10% Led by North America
Stellantis Q2 Shipments Rise 10% Led by North America

Stellantis said on Monday preliminary second-quarter vehicle shipments rose 10% from a ​year earlier to nearly 1.6 million units, driven...

India Markets Regulator Tightens Staff Ethics Rules
India Markets Regulator Tightens Staff Ethics Rules

India's markets regulator has imposed a two-year cooling-off period for former officials, barring them ​from representing clients before it in...

China June Export Growth to Slow, AI Demand Stays Strong
China June Export Growth to Slow, AI Demand Stays Strong

China's exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new...

Nippon Paint Offers $8.6B for AkzoNobel Decorative Unit
Nippon Paint Offers $8.6B for AkzoNobel Decorative Unit

AkzoNobel has received multiple proposals from Nippon Paint to buy its decorative paints business valuing ​the business at €7.5...

TSMC Posts Record Revenue in Second Quarter on AI Demand
TSMC Posts Record Revenue in Second Quarter on AI Demand

TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year ​earlier to a record high on...

Gold Slides over 1% as Oil Surges on Hormuz Closure Fears
Gold Slides over 1% as Oil Surges on Hormuz Closure Fears

Gold prices slid ‌more than 1% on Monday as fears of a closure of the Strait of Hormuz drove oil prices sharply higher, reviving expectations...

Shares Skid as Gulf Conflict Sends Oil Surging
Shares Skid as Gulf Conflict Sends Oil Surging

Share markets sank in Asia on Monday as fighting intensified in the Gulf ​and Iran claimed to have closed the vital Strait of...


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