Economic news

Beijing-based startup Moonshot has confidentially filed for a Hong Kong initial public offering, said three people ‌with knowledge of the...

Global stocks and bonds rallied on Thursday, while the yen rose ahead of U.S. data and central ​banker comments that could reinforce investor...

China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics, flowers and...

Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk ​disrupting...

Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast, the country's largest carmaker, plans to expand into...

Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering ​on Wednesday, seeking to tap into the...

Japan's services sector expanded at its fastest pace in five months in August, as stronger domestic demand ​lifted business activity and new...

Elliott Investment Management has built a stake in Deutsche Telekom, a person with knowledge of ​the matter said on Wednesday. The exact size...

Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street ​expectations, as...

Broadcom on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech's appetite for AI...

Chinese AI chipmaker Shanghai Enflame Technology, backed ‌by Tencent, drew investor orders worth 6,109 times the shares available in the...

The Japanese yen gained sharply against the U.S. dollar on Wednesday after having retraced approximately half of the increases made following a...

U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by ​job losses in...

Southwest Airlines on Wednesday unveiled plans to open its first-ever airport lounges, as the carrier steps up efforts to attract...

Uber Technologies will lay off ​about 3,300 employees, or 10% of staff, in its largest cuts since the COVID-19 pandemic, to better navigate...

Mexican Economy Minister Marcelo Ebrard ​met U.S. Commerce Secretary Howard Lutnick ‌on Wednesday as Mexico pushed for progress on U.S....

Gold prices fell to their lowest ​in more than three weeks on Wednesday, pressured by a stronger dollar ‌as the biggest exchange of fire...

Tesla's China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, ​down sharply from the prior month, as...

The Swiss government on Wednesday named Christoph ​Ammann as the new president of ‌the Swiss National Bank's Bank Council, the body which...

London's mid-cap stocks slipped to nearly a one-month ​low on Wednesday, extending losses as UK's bond yields hit ​18-year highs on renewed...

Shares of online fast-fashion retailer Shein fell more than 5% on Wednesday, a day after ​a lacklustre debut session following a long-awaited...

British government bond yields hit fresh 18-year highs on Wednesday, tracking a broad global ​sell-off after the latest escalation of the Iran war...

Taiwanese companies are planning another $20 billion of investments in the U.S. driven by demand for AI applications, the island's economy...

The dollar hit a seven-week high on Wednesday as investors turned to ​the U.S. currency amid growing concerns about the economic impact of the...

BHP's Chief Commercial Officer Rag Udd will step down at the end of ​January to pursue an opportunity outside the company, according to ‌a...

Oil prices were little changed on Wednesday after climbing to more than one-month highs earlier in the session as traders weighed the risk of...

Asian stocks slumped on Wednesday after renewed U.S. airstrikes on Iran pushed oil prices ‌to a five-week high and drove the U.S....

China ​is expected to allow refiners to export steady volumes of refined fuel this month versus August, enabling ‌them to profit from higher...

Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the...

The licensing practices of U.S. cloud computing company Oracle ​are on the radar of EU antitrust ‌regulators, a person familiar with the...

U.S. stocks extended their slide on Tuesday, as the ​global bond selloff deepened and crude prices spiked amid fading hopes for a near-term...

South Korea's consumer inflation quickened in August due to low-base effects from the ​previous comparable period a year ago, data showed on...

India's economy is showing early signs that a long-awaited private investment revival is taking ​hold, broadening the growth engines and making...

OpenAI has determined ‌that one of its upcoming models is so capable it requires additional safety measures before it can be...

U.S. construction spending unexpectedly fell in July, hitting the lowest level in nearly three years as higher mortgage rates weighed on...

U.S. job openings increased in July amid a surge in manufacturing vacancies, but weak hiring suggested the labor market remained in a holding...

U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid...

The dollar strengthened on Tuesday as renewed ​U.S.-Iran hostilities fuelled inflation worries and sparked a global bond selloff, while...

Oil prices rose more than 2% on Tuesday as a resumption in fighting between the ‌United States and Iran in the Middle East renewed fears of...

Geothermal developer Fervo Energy said on Tuesday it had signed a deal to ​supply 396 megawatts of geothermal power ‌to Alphabet's...

Sterling slipped on ​Tuesday as investors returned from a long holiday weekend to a global bond selloff ‌that pushed British...

Sept 1 (Reuters) - Keurig Dr Pepper said on Tuesday it would sell its investment ​in Chobani back to the ‌yogurt maker for $925 million,...