Economic news


Gold Rally Takes a Breather ahead of US Inflation Data

Gold Rally Takes a Breather ahead of US Inflation Data

Gold prices eased on Wednesday, on track to snap ‌a three-session winning streak, with focus shifting to U.S. inflation data due later today for signals on the Federal Reserve's outlook on interest rates. Spot gold fell 0.6% to $4,630.72 per ounce by 0745 ​GMT, after prices climbed ...


August 26, 2026
US Inflation Remains Elevated, GDP Growth Outlook Brightens
US Inflation Remains Elevated, GDP Growth Outlook Brightens

Annual U.S. inflation held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the unexpected pause in...

DAZN to Buy EverPass Media to Expand in US Venues
DAZN to Buy EverPass Media to Expand in US Venues

DAZN said on Wednesday it has agreed to acquire EverPass Media that will combine ​DAZN's sports content with EverPass' U.S. streaming...

Gaja Alternative Asset Valued at $251.5M in Trading Debut
Gaja Alternative Asset Valued at $251.5M in Trading Debut

Gaja Alternative Asset Management, India's first listed alternative asset management company, closed 5.4% higher at 168.67 rupees in its...

Airbus Workers in Spain Resume Strike After Rejecting Offer
Airbus Workers in Spain Resume Strike After Rejecting Offer

Thousands of Airbus workers in Spain have resumed strike action this week after rejecting the company's latest pay offer and mediation...

FTSE 100 Flat ahead of US Inflation Data and Nvidia Results
FTSE 100 Flat ahead of US Inflation Data and Nvidia Results

London's FTSE 100 was muted on Wednesday as a slide in oil prices pressured energy stocks and offset broader gains, while investors awaited key...

Sterling Dips, Currency Markets Look to the U.S. for Cues
Sterling Dips, Currency Markets Look to the U.S. for Cues

The pound dipped from its recent high against the dollar and also slid versus the euro on Wednesday, ​but with little in the way of major news...

UK Retail Sales Weaken in August, CBI Says
UK Retail Sales Weaken in August, CBI Says

British retail sales weakened in August after their strongest performance in six months ​in July, although stores expect a recovery ‌in...

Aramco Offers More Oil Outside Hormuz, Some to China
Aramco Offers More Oil Outside Hormuz, Some to China

Saudi Aramco has offered more oil for loading outside the Strait of Hormuz in September, four sources with knowledge of the matter said on...

Lynas Expands Footprint, Eyes New Rare Earths Deals
Lynas Expands Footprint, Eyes New Rare Earths Deals

Australia's Lynas Rare Earths <LYC.AX> said it planned to grow its global supply chain on Wednesday, with discussions ‌to secure new...

S.Korea Chip Fund to Back Growth, Not Welfare: Official
S.Korea Chip Fund to Back Growth, Not Welfare: Official

A new South Korean fund fuelled by record tax windfalls from a semiconductor boom ‌would finance projects over a three- to four-year period,...

Hyundai Lifts Margin Target, Expands US Hybrid Lineup
Hyundai Lifts Margin Target, Expands US Hybrid Lineup

Hyundai Motor said on Wednesday it would launch or refresh more than 100 vehicles globally by 2030 and expand its ‌U.S. hybrid lineup, as...

Dollar Steady ahead of US Data; Aussie Gains on Rate Bets
Dollar Steady ahead of US Data; Aussie Gains on Rate Bets

The dollar made tepid gains but remained range-bound in Asian trading on Wednesday, with investors awaiting ​U.S. inflation data later that will...

FleetPartners Gets $582M Bid as Sumitomo Group Joins Race
FleetPartners Gets $582M Bid as Sumitomo Group Joins Race

FleetPartners said on Wednesday it had received an A$813.1 million ($582.3 million) offer from a consortium led by Japan's Sumitomo Corp,...

Oil Falls $2 on Iran-Oman Talks to Reopen Strait of Hormuz
Oil Falls $2 on Iran-Oman Talks to Reopen Strait of Hormuz

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman ‌revived hopes that the Strait of Hormuz could reopen and...

Asian Stocks Gain before Nvidia, Oil Slips on Hormuz Hopes
Asian Stocks Gain before Nvidia, Oil Slips on Hormuz Hopes

Asian stocks rose on Wednesday as a drop in oil ​prices dragged bond yields lower on hopes that the critical Strait of Hormuz may reopen soon,...

Wall Street Ends Higher; Tech Rebounds before Nvidia Results
Wall Street Ends Higher; Tech Rebounds before Nvidia Results

Wall Street's ​main indexes closed higher on Tuesday, as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's...

BOJ to Speed Tightening, Raise Rate to 1.25% in Sept
BOJ to Speed Tightening, Raise Rate to 1.25% in Sept

The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said ​in a...

Japan Eyes Blockchain for Instant Stock, Bond Settlement
Japan Eyes Blockchain for Instant Stock, Bond Settlement

Japan is preparing to set up a payment infrastructure to enable instantaneous settlement of ​transactions in stocks and Japanese government bonds...

Japan's Corporate Services Inflation Accelerates in July
Japan's Corporate Services Inflation Accelerates in July

A key gauge of Japan's service-sector inflation rose 3.6% in ​July from a year earlier, data ‌showed on Wednesday, reinforcing the central...

August 25, 2026
BNP Paribas Receives Saudi Regional Headquarters Licence
BNP Paribas Receives Saudi Regional Headquarters Licence

BNP Paribas has received a regional ​headquarters licence in Saudi Arabia, ‌Saudi state news agency SPA reported on Tuesday, as...

Apple Launches Faster Mac Mini, Mac Studio to Tap AI Boom
Apple Launches Faster Mac Mini, Mac Studio to Tap AI Boom

Apple on Tuesday unveiled a more powerful Mac mini aimed at consumers looking to host AI agents remotely, marking what is likely the final...

New US Single-Family Home Sales Slide in July
New US Single-Family Home Sales Slide in July

Sales of new U.S. single-family homes tumbled in July as high mortgage rates and prices weighed on the market and continued to sideline potential...

Alibaba Chair Buys another 720,000 Company HK Shares
Alibaba Chair Buys another 720,000 Company HK Shares

BEIJING, Aug 25 (Reuters) - Alibaba chairman ​Joe Tsai purchased another 720,000 ‌Hong Kong-listed shares of the company on Tuesday, two...

FTSE Indexes Climb as Housing Plan Boosts Builders
FTSE Indexes Climb as Housing Plan Boosts Builders

The main UK stock indexes climbed on Tuesday, as housebuilders were lifted by the British government's plans to spend £10 billion on...

Sterling Near 6-Month High on BoE Rate Hike Bets
Sterling Near 6-Month High on BoE Rate Hike Bets

The pound ​held its ground near a six-month high versus the dollar on Tuesday, ‌underpinned by expectations for interest rate hikes by the...

Nvidia Shares Set for $280 bln Price Swing after Earnings
Nvidia Shares Set for $280 bln Price Swing after Earnings

Options traders are pricing in a $280 billion swing in Nvidia's market value after the company reports second-quarter ​earnings on...

US Leveraged Single-Stock ETF Boom may be Cooling
US Leveraged Single-Stock ETF Boom may be Cooling

Red-hot demand for high-risk leveraged and inverse single-stock ETFs may be starting to cool. The increasingly volatile bull market ​has...

Melrose Shares Rise on Garden Grove Plant Reopen Timeline
Melrose Shares Rise on Garden Grove Plant Reopen Timeline

Shares of Melrose Industries rose 8% on Tuesday after the GKN Aerospace owner ​said it was targeting September 28 to ‌resume full...

Unitree's Post-Listing Slump Sparks Bubble Fears
Unitree's Post-Listing Slump Sparks Bubble Fears

A roughly 45% slump in the shares of Unitree, China's best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut...

Enflame Sets Subscription Date for $900M Shanghai IPO
Enflame Sets Subscription Date for $900M Shanghai IPO

Enflame Technology , one of China's leading AI chipmakers, will open share subscriptions on September 2 for its 6 billion yuan ($892.21...

Japan Bond ETFs Draw Record $1.5B Inflows, Morningstar Says
Japan Bond ETFs Draw Record $1.5B Inflows, Morningstar Says

Japanese bond exchange traded funds have attracted a record $1.5 billion ​in net inflows in the ‌year to date, Morningstar data showed on...

Lego Sales Rise as World Cup Products Draw new Customers
Lego Sales Rise as World Cup Products Draw new Customers

Lego sales jumped 21% in the first half as ‌soccer World Cup and Formula 1 sets attracted new customers, the Danish toy brand said on...

Stablecoin Card Spend to Hit $50B/Yr by 2028: RedotPay
Stablecoin Card Spend to Hit $50B/Yr by 2028: RedotPay

Global stablecoin card spending is expected to quadruple to $50 billion a year by ​2028, stablecoin payments company RedotPay said on...

Japan Inc Seeks new Hedges for a Long Era of Yen Weakness
Japan Inc Seeks new Hedges for a Long Era of Yen Weakness

Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets south of Tokyo, imports that have more...

Gold Steadies after Hitting over 3-Month Peak, US Data Looms
Gold Steadies after Hitting over 3-Month Peak, US Data Looms

Gold held ​steady after hitting its highest in more than three months on Tuesday, ‌as investor focus shifted to upcoming U.S. inflation data...

Oil Extends Fall as Market Shrugs Off US Iran Sanctions
Oil Extends Fall as Market Shrugs Off US Iran Sanctions

Oil prices fell further on Tuesday after settling down more ​than 2% in the previous session, with investors brushing off the impact of the latest...

Shares Drift ahead of Nvidia Earnings; Oil Wobbles
Shares Drift ahead of Nvidia Earnings; Oil Wobbles

Asia shares were rangebound on Tuesday while oil prices held to losses, after threats from the U.S. for an "economic ​D-Day" of sanctions...

Bitcoin Surges Past $80K on Weak Dollar, Debasement Risk
Bitcoin Surges Past $80K on Weak Dollar, Debasement Risk

Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by ​Treasury...

Woodside Scraps Clean Energy Target, Posts 7% H1 Profit Rise
Woodside Scraps Clean Energy Target, Posts 7% H1 Profit Rise

Woodside Energy on Tuesday abandoned a longer-term emissions target and $5 billion in planned clean energy spending by ‌2030 to focus on...

Gold Fields H1 Profit Jumps 81%, Boosts Dividend
Gold Fields H1 Profit Jumps 81%, Boosts Dividend

South Africa's Gold Fields ​said on Tuesday its half-year profit ‌rose 81%, driven by higher gold prices, output and sales. The...

S&P 500, Nasdaq Slip on Tech Losses and Iran Risks
S&P 500, Nasdaq Slip on Tech Losses and Iran Risks

The S&P 500 and Nasdaq ended lower on Monday, pulled down by technology stocks, as investors weighed fresh U.S. economic pressure against Iran...

India Shares Subdued on Mideast Tensions, Nifty Expiry
India Shares Subdued on Mideast Tensions, Nifty Expiry

Indian shares edged lower on Tuesday as higher oil prices due to Middle East ​tensions weighed, while investors awaited the monthly expiry of Nifty...


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