Economic news


Gold Inches Lower as Firmer Dollar, Higher Yields Weigh

Gold Inches Lower as Firmer Dollar, Higher Yields Weigh

Gold prices eased on Tuesday, pressured by ​a firmer US dollar and elevated Treasury yields, although losses were ‌limited by easing expectations of a Federal Reserve interest rate hike this month. Spot gold slipped 0.3% to $4,127.87 per ounce by 0620 GMT. US gold futures were little ch...


October 6, 2026
UK Shares Rise; Lower Oil, Easing Gilt Yields Lift Sentiment
UK Shares Rise; Lower Oil, Easing Gilt Yields Lift Sentiment

London's FTSE 100 advanced on Tuesday ​as a retreat in bond yields and softer oil prices calmed investors ‌following last week's...

French Bond Contagion Fears are Rattling the Euro
French Bond Contagion Fears are Rattling the Euro

A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader...

India Services PMI at 3-Mo High, but Qtr Weakest Since 2022
India Services PMI at 3-Mo High, but Qtr Weakest Since 2022

India's dominant services industry expanded at its fastest pace in three months in September on stronger ​demand for financial, consumer and...

German Industrial Orders Fall Sharply over Large Contracts
German Industrial Orders Fall Sharply over Large Contracts

Oct 6 (Reuters) - German industrial orders fell sharply in ​August as large-scale orders for aircraft, ships, ‌trains, and military vehicles...

Asian Shares Track Wall St Up as Treasury Yields Near Highs
Asian Shares Track Wall St Up as Treasury Yields Near Highs

Asian stocks gained on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with lower oil prices offering further support even...

German Industrial Orders Fall Sharply over Large Contracts
German Industrial Orders Fall Sharply over Large Contracts

German industrial orders fell sharply in ​August as large-scale orders for aircraft, ships, ‌trains, and military vehicles declined. New...

France's BPCE Buys 7% Stake in Spain's Sabadell, Eyes Ties
France's BPCE Buys 7% Stake in Spain's Sabadell, Eyes Ties

French ‌banking group BPCE has acquired a stake of around 7% in Spanish lender Sabadell through market ​purchases and financial...

Euro Struggles as it Faces Political, Fiscal Reckoning
Euro Struggles as it Faces Political, Fiscal Reckoning

The euro languished near a 17-month low on Tuesday, weighed down by political uncertainty ‌and fiscal concerns across the euro zone, while the...

Nasdaq Hits Record as Dollar, Yields Rise; Oil Prices Ease
Nasdaq Hits Record as Dollar, Yields Rise; Oil Prices Ease

Wall Street equities were buoyed by advances in mega-cap ​stocks on Monday, as Treasury yields held near multiyear highs, the dollar advanced...

Mynt Opens $844M Philippine IPO, Offers Shares via GCash
Mynt Opens $844M Philippine IPO, Offers Shares via GCash

MANILA/HONG KONG, Oct 6 (Reuters) - Philippine fintech firm Mynt began a 53 ​billion Philippine peso ($844.3 million) initial public offering...

October 5, 2026
Gold Steady as Stronger Dollar, High Yields Offset Fed Hikes
Gold Steady as Stronger Dollar, High Yields Offset Fed Hikes

Gold prices were steady on Monday, ‌as pressure from a stronger dollar and elevated US Treasury yields was offset by reduced expectations of a...

Intesa's Improved €35B MPS Bid Wins Top Investor's Backing
Intesa's Improved €35B MPS Bid Wins Top Investor's Backing

Italy's ​biggest bank Intesa Sanpaolo has claimed a major victory in its pursuit of Monte dei ‌Paschi di Siena (MPS) by securing...

S.African Fuel Prices to Jump this Week on Iran War Impact
S.African Fuel Prices to Jump this Week on Iran War Impact

South Africa's ​government said on Monday that the ‌regulated petrol pump price would rise by as much as 12% this week and the wholesale...

Alector Soars as Roche Licenses Parkinson's Drug for $1.27B
Alector Soars as Roche Licenses Parkinson's Drug for $1.27B

Swiss drugmaker Roche will pay up to $1.27 billion to license Alector's experimental treatment for ​Parkinson's disease, the US...

German Robot Firm RobCo Hits $1B Valuation, CEO Moves to US
German Robot Firm RobCo Hits $1B Valuation, CEO Moves to US

German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that ​its CEO Roman Holzl had relocated to ‌the United...

UK FTSE 100 Steadies After Worst Week Since Apr; Miners Gain
UK FTSE 100 Steadies After Worst Week Since Apr; Miners Gain

The UK's FTSE 100 ​rose on Monday, steadying after its steepest drop since April last ‌week, as mining shares led gains and oil prices...

Hong Kong Stocks Edge Up; AI Shares Offset Property Weakness
Hong Kong Stocks Edge Up; AI Shares Offset Property Weakness

Hong Kong stocks edged up in light trading on Monday, as optimism in ​AI-related stocks outweighed selling pressure in property shares. ** At...

UK Services Firms Suffer Surge in Costs, Raise Prices, PMI
UK Services Firms Suffer Surge in Costs, Raise Prices, PMI

LONDON, Oct 5 (Reuters) - British services firms reported stronger cost pressures last month as fuel prices surged due to the Middle East ​conflict...

Euro at 17-Month Low, Dollar near pre-Liberation Day Highs
Euro at 17-Month Low, Dollar near pre-Liberation Day Highs

The euro slid to a 17-month low against the dollar ​on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond...

Foxconn Q3 Revenue Soars on AI Demand, Beats Market Forecast
Foxconn Q3 Revenue Soars on AI Demand, Beats Market Forecast

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Monday a 47% jump in third-quarter ​revenue year-on-year that...

BT Steps in to Rescue Troubled Rival TalkTalk
BT Steps in to Rescue Troubled Rival TalkTalk

Britain's BT ‌Group acquired TalkTalk's consumer and wholesale businesses out of administration, it said on Monday, in a bid to...

Schneider to Buy US Software Firm PTC in $22.6B Deal
Schneider to Buy US Software Firm PTC in $22.6B Deal

France's Schneider Electric struck its ​biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal ‌valuing the US...

Takaichi Pledges Fiscal Discipline, Japan's Debt Bill Rises
Takaichi Pledges Fiscal Discipline, Japan's Debt Bill Rises

Japanese Prime Minister Sanae ​Takaichi on Monday pledged to "control" bond issuance and act swiftly against market turbulence, seeking...

India Seen Kicking Off Rate Hikes as Inflation Broadens
India Seen Kicking Off Rate Hikes as Inflation Broadens

Investors have loaded up on bets that the Reserve Bank of India will ​raise rates this week, warning that it risks falling behind the curve as...

Mideast Oil Exports Beat Pre-War Levels; Tanker Attacks Rise
Mideast Oil Exports Beat Pre-War Levels; Tanker Attacks Rise

Gulf oil exporters topped pre-war levels ​for about half of September, shipping data showed on Monday, though attacks on tankers and logistical...

Euro Pummelled by France's Debt Burden; Stocks Mixed
Euro Pummelled by France's Debt Burden; Stocks Mixed

Asian stocks made brisk gains on Monday as investors pared back expectations of a Federal Reserve rate hike this month, while the ​euro sank to a...

India IT Stocks Gain as Accenture Outlook Lifts Sentiment
India IT Stocks Gain as Accenture Outlook Lifts Sentiment

India's Nifty IT Index rose roughly 1.6% on Monday after ​IT services firm Accenture forecast stronger-than-expected annual revenue...

Bayer to Invest $2.2 Billion in new US Pharma Site
Bayer to Invest $2.2 Billion in new US Pharma Site

Bayer's pharmaceuticals unit on Friday unveiled plans to invest $2.2 billion in a new manufacturing ​site in New Albany, Ohio, part of a...

Gaw Capital Seeks HK Listing for Real Estate Debt Fund
Gaw Capital Seeks HK Listing for Real Estate Debt Fund

Gaw Capital plans to list a new Hong Kong fund that will ​invest in private loans backed by property ‌assets across Asia Pacific and the...

Saudi Cuts Nov Oil Prices to Asia to 6-Year Lows
Saudi Cuts Nov Oil Prices to Asia to 6-Year Lows

Saudi Arabia unexpectedly cut its oil prices for sale to Asia in ‌November to six-year lows while raising them for northwest Europe and the...

OPEC+ Agrees to Keep November Oil Output Targets Steady
OPEC+ Agrees to Keep November Oil Output Targets Steady

OPEC+ agreed to keep oil production ‌targets steady for November at a meeting on Sunday, the producer group said, in line with expectations...

October 2, 2026
US Sept Job Growth Misses Forecast, Labor Market Stable
US Sept Job Growth Misses Forecast, Labor Market Stable

US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost...

Gold Heads for Weekly Drop on Strong Dollar, High Yields
Gold Heads for Weekly Drop on Strong Dollar, High Yields

Gold prices ​fell on Friday, reversing earlier gains, as a stronger dollar and elevated US ‌Treasury yields weighed on the non-yielding metal,...

Global Bond Selloff Drives Up Mortgage Costs for UK Buyers
Global Bond Selloff Drives Up Mortgage Costs for UK Buyers

For five years, the interest ​rate on Richard Merrett's mortgage was locked at 1.14%, but with that ultra-cheap deal due to expire in early...

Stan Chartered Joins Banks Betting on Dec ECB Rate Hike
Stan Chartered Joins Banks Betting on Dec ECB Rate Hike

Standard Chartered expects the European Central Bank to raise its deposit rate by 25 ​basis points to 2.75% in December, reversing its...

Global Shares, Bonds Gain as Oil Drops, Jobs Data Misses
Global Shares, Bonds Gain as Oil Drops, Jobs Data Misses

Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data...

Oil Drops Over $3 on Talks Over Diesel, Crude Stock Releases
Oil Drops Over $3 on Talks Over Diesel, Crude Stock Releases

Oil prices fell more than $3 and European gasoil ​futures dropped over 4% on Friday after reports of talks in Europe on additional diesel and...

UK Sept Car Sales Rise 12% as EVs, Chinese Brands Gain
UK Sept Car Sales Rise 12% as EVs, Chinese Brands Gain

Britain's new car registrations rose 12% in September ‌from a year earlier to their highest level for the month since 2017, helped by...

Poland Fuel Cap May Ease Pressure on Central Bank to Tighten
Poland Fuel Cap May Ease Pressure on Central Bank to Tighten

A ​fuel price cap introduced following the Polish president's decision to approve a windfall tax ‌on energy firms will lower inflation...

Nuveen Buys Schroders, Creating $2.6T Investment Group
Nuveen Buys Schroders, Creating $2.6T Investment Group

U.S. asset manager Nuveen said ​on Thursday it ‌had completed its acquisition of British ​fund manager Schroders, ​creating a...

London Shares Recover as Bond Sell-Off Eases, Oil Slips
London Shares Recover as Bond Sell-Off Eases, Oil Slips

The UK's FTSE ​100 rebounded on Friday, as easing oil and bond yields ‌helped allay inflation concerns after a global bonds sell-off...

German Govt to Raise Forecasts Due to Strong H1, Source Says
German Govt to Raise Forecasts Due to Strong H1, Source Says

The main driver behind the German government's raised economic forecasts is an ​unexpectedly strong performance of the German economy in...


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