Economic news

Silver smashed through the $75 mark for the first time on Friday, with gold and platinum also rising to all-time highs, as bets on U.S. rate cuts...

Japan's government on Friday proposed record spending for next fiscal year while curbing debt issuance, underscoring Prime Minister Sanae...

Platinum jumped to an all-time high on Friday, on track for its biggest annual rise ever, as supply constraints, an unexpected EU...

Asian stocks rose to their highest in six weeks on Friday and a blistering rally in precious metals showed no signs of tempering as investors...

Japan's government revised up its economic forecast for the fiscal year to next March and projected that growth would accelerate in the...

Taiwan's Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle model called Bria on...

The Chinese government would like to see companies reach solutions that comply with Chinese laws and regulations and balance the interests of all...

Russia has pushed back by "several years" a plan to reach an annual liquefied natural gas output target of 100 million tons, Deputy Prime...

Japan Iron and Steel Federation Chairman Tadashi Imai said on Thursday that China's planned export-licence requirement would not be effective...

Japanese Prime Minister Sanae Takaichi sought on Thursday to ease market concerns over her expansionary fiscal policy, saying the government's...

Paramount Skydance's latest offer to buy Warner Bros Discovery is still not good enough for prominent shareholder Harris Oakmark, the...

Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing...

Japan's Sapporo Holdings will sell its real estate business to a consortium led by private equity firms KKR and PAG for 477 billion...

Shipments of foreign-branded mobile phones, including Apple's iPhones, rose 128.4% in China in November from the same month last year,...

A ticket sold in Arkansas scored a $1.8 billion Powerball jackpot after Wednesday night's draw — one of the richest lottery prizes in...

U.S. stocks closed higher on Wednesday, as the Dow Industrials and S&P 500 registered record closing highs in a broad rally during a...

Oil settled marginally lower on Wednesday, and prices were on course for their steepest annual decline since 2020 as investors weighed U.S....

Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's Google, Groq said in a...

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, consistent with a low level of layoffs, but the...

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising...

Shares of Agios Pharmaceuticals jumped nearly 16% on Wednesday after the U.S. Food and Drug Administration approved the expanded use of its...

Packaged food makers and fast-food restaurants may be forced to overhaul more of their products next year as newly approved, appetite-suppressing...

The U.S. auto safety regulator said on Wednesday it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that...

The pound held around a three-month high against a broadly softer dollar and near its firmest in two months against the euro on Wednesday, although...

 Sanofi will buy U.S. vaccines company Dynavax Technologies for around $2.2 billion (1.9 billion euros), the French drugmaker said...

China's farmers are up to their ears in milk and Beijing's decision to apply tariffs on dairy imports from the European Union is expected...

The U.S. dollar was on the back foot on Wednesday and set for its biggest yearly fall since 2017, possibly with more to come, as investors wagered...

BP has agreed to sell a 65% stake in its Castrol lubricants business to U.S. investment firm Stonepeak for about $6 billion, a significant...

The FTSE 100 edged lower on Wednesday, with homebuilder gains countered by declines in healthcare amid a truncated Christmas Eve session. The...

Global shares steadied near record highs on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities, such as...

U.S. private equity firm Warburg Pincus and India's Bharti Enterprises will together purchase a 49% stake in appliance maker Haier India, the...

Oil prices rose slightly for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela...

South Korea's national pension fund has initiated a new round of strategic foreign exchange hedging operations on Wednesday, two sources...

Gold surged past $4,500-an-ounce for the first time on Wednesday, while silver and platinum also hit record highs, as investors piled into precious...

U.S. stocks rose on Tuesday and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth...

Global pharma giants Eli Lilly and Novo Nordisk are scrambling to cement their lead in India's booming obesity drug market before...

Vietnam's stock market recorded its highest opening on Wednesday, briefly extending this week's rally, with investors buoyed by signs...

Japan plans to issue new government bonds worth around $189 billion to fund a record-size budget for next fiscal year, a draft reviewed by Reuters...

Bank of Japan policymakers debated the need to continue raising interest rates to levels deemed neutral to the economy with some arguing doing so...

Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend...

The U.S. economy grew at its fastest pace in two years in the third quarter, fueled by robust consumer spending, though momentum appears to have...

The U.S. dollar fell on Tuesday in a holiday-shortened week, weighed down by expectations of more rate cuts next year, though it trimmed losses...