Economic news

Uber Technologies sued New York City to block enforcement of a ‌new law that it said would unconstitutionally force it to keep drivers it...

The dollar held steady on Wednesday as markets remained on edge over the latest clash between ​the U.S. and Iran, while awaiting closely watched...

Gold slid to a more than ‌two-month low on Wednesday as fresh fighting in the Middle East dimmed hopes of a resolution to the U.S.-Israeli war...

ING launched a new subscription-based banking model for clients ‌in the Netherlands on Wednesday, in a move aimed at diversifying income...

Sterling was broadly steady against the dollar on Wednesday, with investors closely monitoring the latest flare-up between the U.S. and Iran that...

Wang Chuanfu, chairman of BYD , on Tuesday said he expected the Chinese firm to become the world's largest automaker within five years, as he...

Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war ​began, and the finance...

U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products,...

Leveraged stock investments by South Korean retail investors have reached their limits set at local ​brokerage firms as the country's...

China's domestic car demand has declined more sharply ​than expected at the ‌start of the year and will likely remain under heavy pressure...

UK's main FTSE indexes hovered near ​three-week lows on Wednesday as investors eyed a fragile ceasefire in the ‌Middle East, while mulling...

SK Hynix plans to list its shares in ‌the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory...

Copper edged lower on Wednesday, as volatility in the Middle East conflict and macroeconomic concerns overcame price support from ​potential U.S....

China's producer prices rose for a third straight month in May to the ​highest since July 2022, while consumer prices stayed elevated as global...

Liu, a Hangzhou-based contractor at a large Chinese internet firm, says her employer began quietly firing contractors in March after it ordered...

The fuel shock hitting U.S. airlines is doing more than squeezing margins — it is widening a product gap that may take years to close, as...

Asian stocks tumbled and oil prices rose as Iran and the U.S. engaged in ​their biggest exchange of hostilities since a ceasefire was agreed in...

SoftBank Group's talks with ​potential creditors to ‌raise at least $6 billion from a ​margin loan ​backed by its OpenAI ⁠stake have...

The ​S&P 500 and Nasdaq indexes fell on Tuesday as a rebound in technology shares faded and as President Donald Trump said the U.S. ‌must...

OpenAI is in talks to lease a proposed 10-gigawatt data center campus ​on federal land in Ohio, in a deal ‌that could include financial...

Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower...

New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting ​the government's inflation‑focused mandate...

Starbucks is weighing options for its Japanese ​business, including a stake sale, Bloomberg ‌News reported on Tuesday. A stake sale...

U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the...

BP said on Tuesday that company veteran Gordon Birrell will lead its upstream unit and Richard ​Harding will serve as interim head of...

Gold edged higher on Tuesday, rebounding ‌from a more than two-month low in the previous session, as a weaker dollar and falling oil prices...

Britain's competition regulator said on Tuesday it has formally started its review of Paramount Skydance's planned $110 billion...

Mexico's annual inflation rate decelerated for a ​second month in a row in May, ‌official data showed on Tuesday, returning to the higher...

Persistent weakness in the yen and an expected hawkish shift for the Federal Reserve after a hot jobs report in the U.S. are expected to add...

India's sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 ​metric tons this year, as soaring...

Indonesia's central bank unexpectedly raised interest rates by 25 ‌basis points on Tuesday, in a rare off-cycle move to try to stabilise...

China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers ​across the country,...

Sterling rose against the dollar ​and hit a two-week high versus the euro on Tuesday as risk appetite improved ‌and the U.S. currency eased on...

GSK has agreed to ‌buy U.S.-listed cancer drug developer Nuvalent for $10.6 billion in its largest deal in more than a decade,...

Taiwan's exports rose much more than expected in May to ​its second-highest monthly figure by value, as the ‌island reaps the benefits of...

UK's blue-chip FTSE 100 slipped ​on Tuesday, weighed by shares of GSK after the healthcare company announced ‌plans to acquire...

The U.S. dollar edged lower on Tuesday, as investors weighed hopes for a ​deal to reopen the Strait of Hormuz against expectations of higher U.S....

SpaceX's $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked ​to Elon...

Asian stock markets rallied on Tuesday and oil prices fell ​back after Israel and Iran said they would halt attacks on each other for...

China's export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fuelling the global AI ​boom,...

The Bank of Japan will consider maintaining the current pace of bond purchases beyond next fiscal year, sources said, pausing a taper process that...

U.S. sneaker brand New Balance's India partner, Brandman Retail, plans to more than quintuple its store count by 2028 and introduce ​brands...