Economic news


Asia Stocks Ride Tech Wave Higher, Oil Slips Again

Asia Stocks Ride Tech Wave Higher, Oil Slips Again

Asian shares were aiming for a sixth session of gains on Wednesday as consumer hunger for AI apps continued to buoy ​tech stocks, while oil prices fell further on reports of increased supply out of the Middle East. Sources told Reuters Saudi Arabia had restarted ‌operations at...


September 23, 2026
Gold Falls as Hawkish Fed Bets Lift Policy Tightening
Gold Falls as Hawkish Fed Bets Lift Policy Tightening

Gold prices fell in range-bound trade on Wednesday, pressured by a ‌stronger dollar and hawkish remarks from US Federal Reserve officials that...

Oil Holds near Two-Week Lows on Easing Supply Concerns
Oil Holds near Two-Week Lows on Easing Supply Concerns

Oil prices held near their lowest in ​more than two weeks on Wednesday, kept in check by improving Gulf crude supplies and growing hopes for...

India Business Activity Hits 3-Month High in Sept, PMI Shows
India Business Activity Hits 3-Month High in Sept, PMI Shows

India's business growth accelerated in September on stronger demand in both manufacturing and services, a ​preliminary survey showed, though...

India's Fast Investor Route Logs 164 Sign-Ups in 100 Days
India's Fast Investor Route Logs 164 Sign-Ups in 100 Days

India's new fast-track entry route for trusted foreign investors has drawn 164 registrations in just over 100 days, data ​from the Indian...

RBA Pressure on ASX Persists as Clearing Shortcomings Remain
RBA Pressure on ASX Persists as Clearing Shortcomings Remain

ASX's clearing and settlement facilities continue to fail to meet the central bank's expectations in "several important...

India’s Hero Motors Rebounds Post-Debut, Valued Over $400M
India’s Hero Motors Rebounds Post-Debut, Valued Over $400M

Shares of Hero Motors rose 6.5% on Wednesday after a subdued market debut, following the Indian auto ​parts maker's $104.2 million initial...

Royal Caribbean Buys $3B Stake in Resort Operator Sandals
Royal Caribbean Buys $3B Stake in Resort Operator Sandals

Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator ​Sandals Resorts International for...

China Surveys Broadcom Switch Use in State Data Centers, FT
China Surveys Broadcom Switch Use in State Data Centers, FT

Chinese authorities are examining the use of Broadcom’s hardware in state-backed data centres as ​part of a drive to boost domestic...

H&M Founding Family Builds Stake Amid Turnaround Struggles
H&M Founding Family Builds Stake Amid Turnaround Struggles

The billionaire family behind H&M is quietly ‌increasing its stake, fuelling speculation it could take the fast-fashion retailer...

CNN, CBS Oversight Board Will Be 'Toothless,' Experts Warn
CNN, CBS Oversight Board Will Be 'Toothless,' Experts Warn

David Ellison is set to take control of two of the biggest news organizations in the US after his Paramount Skydance completes its...

China Beauty Exporters Thrive Despite US Trade Dispute
China Beauty Exporters Thrive Despite US Trade Dispute

From pre-bleached straight hair wigs to wavy clipped extensions and blinged-out coffin-shaped nails, sales of Chinese-made beauty accessories ​are...

September 22, 2026
Banks, Telecoms Weigh on FTSE 100; Focus on US-Iran Talks
Banks, Telecoms Weigh on FTSE 100; Focus on US-Iran Talks

The UK's FTSE 100 edged lower on Tuesday as banks and telecoms stocks retreated, while investors awaited potential US-Iran talks ​after signs...

Oil Rises as Trump Sees Post-US Election Iran Peace Deal
Oil Rises as Trump Sees Post-US Election Iran Peace Deal

Oil prices rose on Tuesday as traders worried about global supplies after US President Donald Trump told ‌the United Nations General Assembly...

UK Borrowing Overshoot Darkens Backdrop for Healey's Budget
UK Borrowing Overshoot Darkens Backdrop for Healey's Budget

Britain's government borrowed more ​than expected in August, pushing the deficit for the financial year to date further above official...

EU Pharma Urges Faster Trials, More Funds to Match US, China
EU Pharma Urges Faster Trials, More Funds to Match US, China

European drugmakers called for ​beefed-up government spending on medicines, faster trials and IP protections as ‌they sounded warnings on...

Goldman Appoints Simon Lyons UK Investment Banking Co-Head
Goldman Appoints Simon Lyons UK Investment Banking Co-Head

Goldman Sachs has appointed Simon Lyons as co-head of UK investment banking, a spokesperson for the US bank confirmed. Lyons will ​join as a...

Kingfisher Raises Annual Profit Outlook after Strong H1
Kingfisher Raises Annual Profit Outlook after Strong H1

European home improvement retailer Kingfisher raised its full-year profit forecast on Tuesday after delivering a better-than-expected 9.9% increase...

Saudi Crude Oil Exports Hit 4-Month High in July, Data Shows
Saudi Crude Oil Exports Hit 4-Month High in July, Data Shows

Saudi Arabian crude oil exports in July rose by about 3.3% from June to 4.125 million barrels ​per day, the highest level since March, data from...

UK Factory Orders Hit Best Level Since July 2023, CBI Says
UK Factory Orders Hit Best Level Since July 2023, CBI Says

A gauge of British factory orders rose ​this month to reach its ‌highest level since July 2023, a Confederation of British Industry survey...

China’s Rise Hits German Manufacturers Hard, ECB Finds
China’s Rise Hits German Manufacturers Hard, ECB Finds

The industrial transformation of China is squeezing European firms out of global markets, particularly in ​machinery and transport equipment, with...

TUI Narrows 2026 Operating Profit Outlook
TUI Narrows 2026 Operating Profit Outlook

Germany's TUI narrowed its outlook for 2026 underlying operating earnings on Tuesday, saying war in the Middle East meant customers were...

PE, Foreign Investors Fuel Aussie M&A Activity in 2026
PE, Foreign Investors Fuel Aussie M&A Activity in 2026

Australian companies have attracted a wave of takeover interest from private equity firms and overseas investors so far in 2026, although only a...

EU Parcel Duty Boosts Sinsay Sales, LPP Finance Chief Says
EU Parcel Duty Boosts Sinsay Sales, LPP Finance Chief Says

Online sales growth at LPP's budget brand Sinsay has continued to ‌pick up pace since the second quarter ended in July, the Polish...

Corporate Bond Buyers Get Picky with Flood of AI Debt
Corporate Bond Buyers Get Picky with Flood of AI Debt

The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold by...

Rupee Swayed by Oil, Intervention Cues; Traders Cautious
Rupee Swayed by Oil, Intervention Cues; Traders Cautious

The Indian rupee swung between modest gains and losses before closing marginally higher on Tuesday, pushed around by ​volatility in oil prices,...

Sterling Steady after Report Says Iran May Reopen Hormuz
Sterling Steady after Report Says Iran May Reopen Hormuz

The British pound traded flat just off a two-month low against the dollar on Tuesday, as traders weighed a ​report that said Iran had offered to...

Taiwan August Export Orders Hit Record High on AI Demand
Taiwan August Export Orders Hit Record High on AI Demand

TAIPEI, Sept 22 (Reuters) - Taiwan export orders rose more than expected to a record monthly ​value in August, exceeding $100 billion for the first...

China’s Ligent Rises 4.6% in HK Debut on AI Demand
China’s Ligent Rises 4.6% in HK Debut on AI Demand

Shares of ​Chinese fibre-optic communications equipment maker Ligent Technologies ended 4.6% higher in their Hong Kong debut on ‌Tuesday,...

Gold Slips as Oil Gains and Fed Officials Signal Rate Hikes
Gold Slips as Oil Gains and Fed Officials Signal Rate Hikes

Gold prices fell on Tuesday ‌as a slight rise in oil prices and hawkish signals from Federal Reserve policymakers reinforced market...

S. Korea Confirms 1st Project Under $350B US Pact
S. Korea Confirms 1st Project Under $350B US Pact

South Korea confirmed its first project under a $350 billion US investment pact on Tuesday and said it is considering two others, moving ahead...

India’s NSE IPO Draws Over $10B as Traders Eye Modest Pop
India’s NSE IPO Draws Over $10B as Traders Eye Modest Pop

The National Stock Exchange of India's IPO drew more than $10 billion by the final ‌day of bidding on Monday, as investors look to tap...

NPS Seeks India Govt Bond Investment Licence, Sources Say
NPS Seeks India Govt Bond Investment Licence, Sources Say

South Korea's state-run pension fund, the world's third-largest, is seeking a licence to invest in Indian government securities under a...

Porsche’s Decline From Crown Jewel to Millstone for VW
Porsche’s Decline From Crown Jewel to Millstone for VW

Long Volkswagen's most reliable profit driver, luxury sports car maker Porsche has become its ​biggest problem, creating a road bump for...

Alibaba Shares Jump 5% on New AI Chip, Upgraded Model
Alibaba Shares Jump 5% on New AI Chip, Upgraded Model

Alibaba Group said on Tuesday it was developing an AI model up to ​four times larger than the company's flagship model and unveiled a...

China Tax Crackdown on Offshore Trusts May Hit Stocks, BofA
China Tax Crackdown on Offshore Trusts May Hit Stocks, BofA

China's new rule to chase income tax on offshore trusts, a popular structure adopted by many ​Hong Kong and US-listed Chinese companies'...

Nasdaq Hits Record High as Chipmakers Fuel Stock Gains
Nasdaq Hits Record High as Chipmakers Fuel Stock Gains

The Nasdaq hit a record closing ​high on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while falling oil prices and...

BoK to assess inflation, growth for rate hikes, board member
BoK to assess inflation, growth for rate hikes, board member

A board member of the Bank of Korea said ​on Tuesday the central bank ‌will determine the timing and pace of further interest rate hikes by...

Drug Developer ADARx Seeks $1.74 Billion Valuation in US IPO
Drug Developer ADARx Seeks $1.74 Billion Valuation in US IPO

ADARx Pharmaceuticals, which develops RNA-based drugs for rare diseases, said on Monday that it was targeting ​a valuation of up to $1.74 billion,...

September 21, 2026
Global Diesel Prices Hit Record Highs, Further Rises Likely
Global Diesel Prices Hit Record Highs, Further Rises Likely

Diesel prices have rallied in Europe and the United States to record highs as wars in Iran and Ukraine sharply ‌cut exports from some of the...

Gold Falls on Rising Odds of Fed Rate Hike, Stronger Dollar
Gold Falls on Rising Odds of Fed Rate Hike, Stronger Dollar

Gold prices ‌fell on Monday as expectations of further policy tightening by the US Federal Reserve this year and hawkish signals from...

AMD Joins $1Tn Club as Chipmakers Rally on AI-Driven Demand
AMD Joins $1Tn Club as Chipmakers Rally on AI-Driven Demand

Advanced Micro Devices soared past $1 trillion ‌in market capitalization for the first time on Monday, joining a small group of...

Oura Targets $15.62B US IPO Valuation, Setting Fall Listings
Oura Targets $15.62B US IPO Valuation, Setting Fall Listings

Oura is targeting a fully diluted valuation ‌of $15.62 billion in its US initial public offering as the smart ring maker kicked off its...


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