Economic news


Consumer Megadeals Make a Rare Comeback in the First Quarter

Consumer Megadeals Make a Rare Comeback in the First Quarter

Two blockbuster mergers involving U.S. food companies, struck within 24 hours, gatecrashed ​the ranks of the biggest global transactions of the first quarter, a feat not seen in the consumer sector in over a decade. The back-to-back announcements this ‌week - Sysco's $29 billio...


April 3, 2026
DeepSeek's V4 Model will Run on Huawei Chips, The Information Reports
DeepSeek's V4 Model will Run on Huawei Chips, The Information Reports

China's DeepSeek's new model called V4 will run on the latest chips designed by ​Huawei Technologies, U.S. digital news outlet The...

India's Dabur Forecasts Q4 Revenue Growth in Mid-Single-Digit Percentage
India's Dabur Forecasts Q4 Revenue Growth in Mid-Single-Digit Percentage

Indian consumer goods maker Dabur expects fourth-quarter operating profit to grow ​at a faster pace than revenue, which ‌is set to rise...

Car Site Edmunds Tests Chinese SUV, says it should Worry US Automakers
Car Site Edmunds Tests Chinese SUV, says it should Worry US Automakers

Popular car-shopping website Edmunds put a Chinese vehicle through a series of rigorous tests ​for the first time, and Editor-in-Chief Alistair...

World Food Price Rise Set to Continue if Iran War Lasts, FAO
World Food Price Rise Set to Continue if Iran War Lasts, FAO

World food prices climbed in March to their highest ‌level since September last year and could rise further if the Middle...

Samsung Elec Likely to Report Stupendous Surge in Quarterly Profit to Record Level
Samsung Elec Likely to Report Stupendous Surge in Quarterly Profit to Record Level

Samsung Electronics, benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating ​profit for...

BOJ Keeps Rate‑Hike Door Open Even, Iran War Squeezes Firms
BOJ Keeps Rate‑Hike Door Open Even, Iran War Squeezes Firms

The Bank of Japan will keep raising interest rates if its economic forecasts hold, ‌a senior central bank official said, reinforcing a...

Hyundai Motor Flags Export Disruptions, Middle East Conflict Hits Shipping
Hyundai Motor Flags Export Disruptions, Middle East Conflict Hits Shipping

Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through ‌the Middle East, were being...

UAE non-oil private sector growth slows to near 4-yr Low in Mar, PMI
UAE non-oil private sector growth slows to near 4-yr Low in Mar, PMI

The United Arab Emirates' non-oil private sector activity expanded at its weakest pace in nearly four years in March ​as the Middle East...

Russia's Services Sector Contracts for 1st Time in 6 mths, PMI
Russia's Services Sector Contracts for 1st Time in 6 mths, PMI

Russia's services sector contracted in March for the first time in six months as demand ​softened and new orders broadly stalled, a business...

Bangladesh Cuts Working Hours to Save Energy amid Middle East Crisis
Bangladesh Cuts Working Hours to Save Energy amid Middle East Crisis

Bangladesh has launched fresh measures to curb energy consumption, cutting office hours and trimming public spending as conflict ​in the Middle...

JERA's LNG Purchase Deal with US Commonwealth LNG Terminated, DOE Filing
JERA's LNG Purchase Deal with US Commonwealth LNG Terminated, DOE Filing

A long-term liquefied natural gas sales and purchase ​agreement entered into last year ‌between Japan's largest power generator, JERA, and...

US Employment Growth Likely Rebounded in March, War Casting Shadow over Labor Market
US Employment Growth Likely Rebounded in March, War Casting Shadow over Labor Market

Nonfarm payrolls forecast increasing 60,000 in March Economists say it will take time for the oil price shock to impact the labor market...

Tesla Eyes Japan's Top Imported-Car Spot as it Expands Store, Service Network
Tesla Eyes Japan's Top Imported-Car Spot as it Expands Store, Service Network

Tesla ​plans to expand in Japan to at least 60 stores as it seeks to become the ‌country's biggest imported car brand by as early as...

Wall St Ends Mixed, Worries Linger before Good Friday Break
Wall St Ends Mixed, Worries Linger before Good Friday Break

U.S. stocks ended ​slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled...

China Services Activity Growth Cools in March, Private PMI
China Services Activity Growth Cools in March, Private PMI

Growth in China's services activity slowed in March from February's 33-month high, as softer demand and a decline in overseas orders...

Japan's Services Growth Slows as Middle East War Dents Confidence, PMI
Japan's Services Growth Slows as Middle East War Dents Confidence, PMI

Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising ​uncertainty over the...

April 2, 2026
US Labor Market Remains Stable; Trade Deficit Widens in Feb
US Labor Market Remains Stable; Trade Deficit Widens in Feb

New applications for U.S. unemployment benefits unexpectedly fell last week amid low layoffs, suggesting labor market conditions remained calm in...

Starbucks Expands Weekly Pay, Adds more Tips and Bonuses for US Baristas
Starbucks Expands Weekly Pay, Adds more Tips and Bonuses for US Baristas

Starbucks will move to weekly pay for all U.S. store workers and roll out a program that adds bonuses ​and expands tips, it said on Thursday,...

US Fixed 30-Year Mortgage Rate Rises to 6.46% amid Iran War
US Fixed 30-Year Mortgage Rate Rises to 6.46% amid Iran War

The average rate on the most popular ​home-loan rate rose to its highest since early September, ‌as the Iran war pushes up oil prices and fans...

Tesla Deliveries Mark Weakest Quarter in Year, Inventory Swells
Tesla Deliveries Mark Weakest Quarter in Year, Inventory Swells

Tesla kicked off 2026 ​with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and...

Ford Q1 US Auto Sales Fall, Affordability Concerns Weigh on Demand
Ford Q1 US Auto Sales Fall, Affordability Concerns Weigh on Demand

Ford Motor reported a near 9% drop in first-quarter U.S. sales ​on Thursday, as persistent affordability pressures prompt consumers to rethink...

CAD Falls, Fading Hope of Quick End to War Boosts Greenback
CAD Falls, Fading Hope of Quick End to War Boosts Greenback

The Canadian dollar weakened against its U.S. counterpart on ‌Thursday as optimism faded that the war in the Middle East might end...

BP Names Carol Howle as Deputy CEO, to Oversee Portfolio Review, Strategy
BP Names Carol Howle as Deputy CEO, to Oversee Portfolio Review, Strategy

BP named Carol Howle as deputy chief ​executive on Thursday and said she would oversee the ‌company's ongoing portfolio review and...

Canada's Feb Trade Deficit Surges to a 6-mth High on Gold Imports
Canada's Feb Trade Deficit Surges to a 6-mth High on Gold Imports

Canada's merchandise trade ​deficit came in much wider than expected in February, data showed on Thursday, as a surge in gold ‌purchases...

Gold Drops on Stronger USD, Rising Bets on Higher Interest Rates
Gold Drops on Stronger USD, Rising Bets on Higher Interest Rates

Gold prices fell on Thursday as the U.S. dollar and ‌oil prices rose after President Donald Trump said the U.S. would continue attacks on...

UK Stocks Fall as Optimism over Quick Middle East Ceasefire Fades
UK Stocks Fall as Optimism over Quick Middle East Ceasefire Fades

London's ​main indexes fell on Thursday, snapping three straight days of ‌gains, as market sentiment weakened after U.S. President Donald...

UK Firms Report Biggest Jump in Price Expectations in nearly 2 yrs, BoE Survey
UK Firms Report Biggest Jump in Price Expectations in nearly 2 yrs, BoE Survey

British companies expect to raise prices more quickly in the coming 12 months as they respond to a surge in energy prices ​due to the Iran...

Indonesia says Stock Market Reform Drive Completed after Feb's Selloffs
Indonesia says Stock Market Reform Drive Completed after Feb's Selloffs

Indonesia has completed key stock market reforms ahead of a self-imposed ‌deadline linked to MSCI's May index review, a senior official...

GBP Slides as Trump Vows more Strikes on Iran, Driving Up USD
GBP Slides as Trump Vows more Strikes on Iran, Driving Up USD

The pound fell sharply on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran and gave little...

Malaysia Airlines Parent's Earnings Rise in 2025, Middle East Conflict Clouds Outlook
Malaysia Airlines Parent's Earnings Rise in 2025, Middle East Conflict Clouds Outlook

Malaysia Aviation Group (MAG), the ‌operator of national carrier Malaysia Airlines, said it more than doubled its annual earnings in 2025, but...

Light at Last for Hong Kong's Central Office Market after 7-yr Slump
Light at Last for Hong Kong's Central Office Market after 7-yr Slump

Hong Kong's Grade-A office market in the city's financial core is finally hitting a floor after nearly seven ​years of decline, buoyed by a...

Dollar Gains as Trump Vows more Strikes on Iran
Dollar Gains as Trump Vows more Strikes on Iran

The ​dollar advanced against major currencies on Thursday, reversing two days of losses, as U.S. President Donald Trump's ‌address on Iran...

Stocks Sink, Oil Leaps above $100, Trump Vows to Keep Hitting Iran
Stocks Sink, Oil Leaps above $100, Trump Vows to Keep Hitting Iran

Markets recoiled on Thursday as war jitters over Iran deepened, with stocks sliding, oil ​surging well over $100 per barrel and the dollar firming...

Oil Jumps over 5% on Trump Says U.S. to Keep Up Attacks on Iran
Oil Jumps over 5% on Trump Says U.S. to Keep Up Attacks on Iran

Oil prices climbed more than $5 on Thursday, as President Donald Trump said the United States would keep ​up attacks on Iran without committing to...

Wall Street Ends Higher on Speculation about End to Iran War
Wall Street Ends Higher on Speculation about End to Iran War

Wall Street ended higher on Wednesday, with strong gains in Alphabet and other heavyweights, after U.S. President Donald Trump suggested ‌an...

S.Korea Mar Inflation Undershoots Forecasts, Risks Skewed Higher
S.Korea Mar Inflation Undershoots Forecasts, Risks Skewed Higher

South Korea's ‌inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists...

India Cbank's Fresh FX Curbs Trap Banks in Trades Once Seen Low Risk
India Cbank's Fresh FX Curbs Trap Banks in Trades Once Seen Low Risk

Indian banks are set to face heightened uncertainty on Thursday ​after the central bank's curbs on corporate activity made it costlier for...

KKR Caps Redemptions at One of its Private Credit Funds
KKR Caps Redemptions at One of its Private Credit Funds

KKR's non-traded business development company, KKR FS Income Trust, limited redemptions after requests ​for withdrawals surged, according...

Australian Job Vacancies Rise 2.7% in February Quarter
Australian Job Vacancies Rise 2.7% in February Quarter

Job vacancies in Australia rebounded to their highest in ​more than a year in ‌the February quarter, data showed on Thursday, led by gains in...

April 1, 2026
US Retail Sales Strong in Feb; Rising Gasoline Prices will Hurt Spending
US Retail Sales Strong in Feb; Rising Gasoline Prices will Hurt Spending

U.S. retail sales increased by the most in seven months in February as motor vehicle purchases rebounded and temperatures warmed up, but surging...

UK Equities Surge nearly 2% as Trump says US may Exit Iran War Soon
UK Equities Surge nearly 2% as Trump says US may Exit Iran War Soon

London's main indexes closed higher on Wednesday after U.S. President Donald Trump signalled that the Iran war could end soon, prompting...

UK's Starmer Calls for Closer Europe Ties, Iran War Strains US Relations
UK's Starmer Calls for Closer Europe Ties, Iran War Strains US Relations

Prime Minister Keir Starmer said on Wednesday that the global instability caused ‌by the Iran war means Britain should pivot to focusing on...


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