Economic news


Asian Stocks in Sober Mood as Oil Rises on Middle East Truce Doubts

Asian Stocks in Sober Mood as Oil Rises on Middle East Truce Doubts

Asian share markets were in a sober mood on Thursday as cracks ​quickly began to appear in the fragile Gulf truce, nudging oil prices back up and reminding investors the inflationary fallout would ‌last a long time yet. Crucially, there was scant sign that the Strait...


April 9, 2026
US Labor Market Holds Steady; Inflation Firmer Before Iran War
US Labor Market Holds Steady; Inflation Firmer Before Iran War

New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially...

Swiss-Based Terra Quantum Plans to List on Nasdaq via SPAC at $3.25B Valuation
Swiss-Based Terra Quantum Plans to List on Nasdaq via SPAC at $3.25B Valuation

Terra Quantum said on Thursday it plans to list on ​Nasdaq this year through a merger with a U.S. special purpose acquisition company (SPAC)...

Carlyle's Private Credit Flagship Fund Latest Target of Investor Exodus
Carlyle's Private Credit Flagship Fund Latest Target of Investor Exodus

Investors have asked to pull more than 15% ‌of their assets from Carlyle's flagship private credit interval fund, the group said in a...

Unilever to Buy Supplements Brand Grüns, Boosting Wellbeing Focus Post Food Spin-Off
Unilever to Buy Supplements Brand Grüns, Boosting Wellbeing Focus Post Food Spin-Off

Unilever said on Thursday it will ​buy U.S.-based nutritional supplements brand Grüns ‌for an undisclosed amount, as the British...

US Property Purchases in Spain Rise, Americans Seek High-End Homes
US Property Purchases in Spain Rise, Americans Seek High-End Homes

Home purchases in Spain by ​U.S. citizens rose 3% last year, even as total foreign purchases dipped, with real estate agents citing concerns over...

US Fourth-Quarter GDP Growth Revised Lower to a 0.5% Rate
US Fourth-Quarter GDP Growth Revised Lower to a 0.5% Rate

U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory...

Intel and Google to Double Down on AI CPUs with Expanded Partnership
Intel and Google to Double Down on AI CPUs with Expanded Partnership

Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop...

US PCE Inflation Picks Up in Feb; Consumer Spending Solid
US PCE Inflation Picks Up in Feb; Consumer Spending Solid

U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to...

GBP Ticks Higher, Remains Driven by Middle East Developments
GBP Ticks Higher, Remains Driven by Middle East Developments

The pound inched higher on the dollar on Thursday and held onto the bulk of U.S.-Iran ceasefire-inspired gains the previous session,...

Uniqlo-Owner Fast Retailing Flags Record Year after Strong Quarter
Uniqlo-Owner Fast Retailing Flags Record Year after Strong Quarter

The Japanese owner of clothing brand Uniqlo raised its full-year forecast on Thursday, flagging another record year, as international growth...

Stellantis Q1 Vehicle Output in Italy Up 9.5%, Union Says
Stellantis Q1 Vehicle Output in Italy Up 9.5%, Union Says

Stellantis' output in Italy rose 9.5% in the first quarter to ​120,366 vehicles, the FIM Cisl trade union said ‌on Thursday, as the...

GAIL India to Borrow 50-60 bln Rupees in Financial Year 2027
GAIL India to Borrow 50-60 bln Rupees in Financial Year 2027

India's largest gas distributor GAIL (India) plans to borrow 50-60 billion rupees ​in fiscal 2027 to fund expansion, and has bought three...

UK Stocks Pull Back after Rally on Middle East Ceasefire Doubts
UK Stocks Pull Back after Rally on Middle East Ceasefire Doubts

The main ​UK stock indexes eased on Thursday after recording their ‌strongest session in months a day earlier, as oil prices rebounded on...

India to Grow at 6.6% in FY27, says WB; Кisks from West Asia Crisis Persist
India to Grow at 6.6% in FY27, says WB; Кisks from West Asia Crisis Persist

India's expected economic growth of 6.6% for fiscal 2027 could face significant ‌risks as the Iran war fans inflation worries,...

China's Car Exports Accelerate Despite Disruption from Mideast Crisis
China's Car Exports Accelerate Despite Disruption from Mideast Crisis

Car exports, an increasingly important source of growth for China's hyper-competitive auto sector, picked up ​pace in March despite shipment...

Japan's Consumer Mood Worsens as Iran War Clouds Chance for Apr Rate Hike
Japan's Consumer Mood Worsens as Iran War Clouds Chance for Apr Rate Hike

Japan's consumer confidence worsened in March at a pace unseen since the COVID-19 pandemic in 2020, a government survey ‌showed, swelling...

Portugal's TAP Profit Slumps 92% on One‑off Charge, says Bookings Solid
Portugal's TAP Profit Slumps 92% on One‑off Charge, says Bookings Solid

Portugal's airline TAP said on Thursday its 2025 profit fell 92% due to a one-off fourth‑quarter charge which outweighed higher revenue from...

German Industrial Output Fall Points to Weak Quarter, Economists
German Industrial Output Fall Points to Weak Quarter, Economists

German industrial production fell unexpectedly in February, with economists saying the weakness pointed to ‌disappointing first quarter for...

China's Mar Bank Lending Seen Surging on Post-Holiday Rebound
China's Mar Bank Lending Seen Surging on Post-Holiday Rebound

Chinese banks likely extended significantly more new loans in March than in February, according to a Reuters poll on Thursday, driven by improved...

Gold Steady as Investors Eye US-Iran Ceasefire, Brace for Inflation Data
Gold Steady as Investors Eye US-Iran Ceasefire, Brace for Inflation Data

Gold prices were largely steady on Thursday ‌as investors remained cautious about the fragile U.S.-Iran ceasefire, with a key U.S. inflation...

USD Wobbles, Fragile US-Iran Ceasefire Keeps Markets on Edge
USD Wobbles, Fragile US-Iran Ceasefire Keeps Markets on Edge

The dollar remained on shaky footing ​on Thursday after broad losses, as investors anxiously assessed whether a fragile ceasefire between the...

Oil Rebounds as Fragile Gulf Ceasefire, Constrained Hormuz Keep Supply Risks Elevated
Oil Rebounds as Fragile Gulf Ceasefire, Constrained Hormuz Keep Supply Risks Elevated

Oil prices rose on Thursday as doubts over ​a fragile two-week Middle East ceasefire raised concerns that energy flows through the...

Foreign Investors Pour $18.65B into Japanese Stocks on Return after 3 wks
Foreign Investors Pour $18.65B into Japanese Stocks on Return after 3 wks

Japanese stocks witnessed a huge influx of foreign funds in the week through April 4, a turnaround from ​three successive weeks of selling, with...

Wall Street Ends Sharply Higher on US-Iran Ceasefire
Wall Street Ends Sharply Higher on US-Iran Ceasefire

U.S. stocks closed sharply higher on Wednesday after a last-minute, two-week ceasefire agreement between the United States and Iran lifted investor...

Singapore Expected to Tighten Monetary Policy, Energy Crisis Fans Inflation
Singapore Expected to Tighten Monetary Policy, Energy Crisis Fans Inflation

Singapore is poised to tighten monetary policy at a ​review next week, with the Middle East war driving up energy prices, stoking inflation and...

World Bank Trims Latin America Growth Estimate for 2026
World Bank Trims Latin America Growth Estimate for 2026

The World Bank trimmed its estimate for economic growth in Latin America and ​the Caribbean for 2026, citing the region's long-standing...

April 8, 2026
US Crude Stocks Rise,Gasoline and Distillate Inventories Fall, EIA
US Crude Stocks Rise,Gasoline and Distillate Inventories Fall, EIA

U.S. crude stocks rose while gasoline and distillate inventories fell ​last week, the Energy Information Administration said on...

Levi Strauss Shares Rise as Pricey Denim Sales Smooth over Tariff Hit
Levi Strauss Shares Rise as Pricey Denim Sales Smooth over Tariff Hit

Levi Strauss' shares jumped about 10% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years, with...

Airline and Travel Industries See no Immediate Relief from Iran Ceasefire
Airline and Travel Industries See no Immediate Relief from Iran Ceasefire

U.S. President Donald Trump's ​two-week ceasefire with Iran is unlikely to provide immediate relief to the global aviation industry as it reels...

Chinese Electric Truck Maker Windrose Makes 1st US Delivery
Chinese Electric Truck Maker Windrose Makes 1st US Delivery

Chinese electric truck startup Windrose said ​it had made the ‌first delivery of its long‑haul electric heavy truck in ​the United States,...

S.African Markets Rally, US-Iran Ceasefire Boosts Risk Appetit
S.African Markets Rally, US-Iran Ceasefire Boosts Risk Appetit

South Africa's rand, government bonds and stocks surged on ‌Wednesday, paring some of the losses amassed since the start of the Iran...

Pound Heads for Biggest Gain in 3 wks after US/Iran Ceasefire
Pound Heads for Biggest Gain in 3 wks after US/Iran Ceasefire

The pound headed for its biggest one-day gain in three weeks on Wednesday, after the United States and Iran agreed to a two-week...

India Raises HPCL Rajasthan Refinery Project Cost to $8.6B
India Raises HPCL Rajasthan Refinery Project Cost to $8.6B

India's cabinet approved an 84% increase in the project ​costs of HPCL Rajasthan Refinery Ltd (HRRL) to ‌794.59 billion rupees ($8.60...

Global Energy Shares Drop , Oil Plunges on US-Iran Ceasefire
Global Energy Shares Drop , Oil Plunges on US-Iran Ceasefire

U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the ​hefty war premium built into oil...

US Bank Profits to Rise on Deals, Iran War Fuels Outlook Uncertainty
US Bank Profits to Rise on Deals, Iran War Fuels Outlook Uncertainty

Large U.S. banks are set to post higher quarterly earnings on strong interest income and investment banking fees, analyst estimates show, though...

FTSE 100 Rallies to 1-mth High Following US-Iran Ceasefire Agreement
FTSE 100 Rallies to 1-mth High Following US-Iran Ceasefire Agreement

The UK's FTSE 100 rallied to ​one-month highs on Wednesday after an agreement between the United States ‌and Iran on a two-week ceasefire,...

Rupee Extends Rally, Forward Premiums Slump as Oil Dives on Ceasefire
Rupee Extends Rally, Forward Premiums Slump as Oil Dives on Ceasefire

The Indian rupee gained for the fourth consecutive session on Wednesday, while forward premiums declined as a plunge in oil prices after the...

Swiss Banks to Test Possible Uses for Swiss Franc Stablecoin
Swiss Banks to Test Possible Uses for Swiss Franc Stablecoin

Six Swiss banks have joined forces to test potential uses for a Swiss franc-pegged stablecoin ​in Switzerland, UBS said on Wednesday, as...

UK Builders Report Biggest Leap in Cost Inflation on Record, PMI
UK Builders Report Biggest Leap in Cost Inflation on Record, PMI

British construction firms reported the biggest rise in cost inflation from one month to the next on record in March ​and the Iran war also hit new...

Germany's Feb Industrial Orders Up, Albeit Far below Forecasts
Germany's Feb Industrial Orders Up, Albeit Far below Forecasts

German industrial orders climbed in February from a month earlier but fell ‌far short of expectations, underscoring less-than-robust business...

UK Builders Report Biggest Leap in Cost Inflation on Record, PMI
UK Builders Report Biggest Leap in Cost Inflation on Record, PMI

British construction firms reported the biggest rise in cost inflation from one month to the next on record in March ​and the Iran war also hit new...

SK Hynix Shares Jump 15% after Peer Samsung Projects Blowout Earnings
SK Hynix Shares Jump 15% after Peer Samsung Projects Blowout Earnings

Shares of South Korean ​chipmaker SK Hynix surged on Wednesday ‌after peer Samsung Electronics forecast market-beating...


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