Economic news

Gold prices rose on Friday as the dollar softened and uncertainty around the U.S. government shutdown added to safe-haven demand, while Wall Street...

Greece agreed on Friday to import 700 million cubic metres of U.S. liquefied natural gas per year starting in 2030 in its first long-term deal with...

China's rare earth exports rose 9% in October from September, customs data showed on Friday, the first month-on-month increase after three...

The U.S. dollar was set to end the week roughly unchanged on Friday as investors sought to balance the Federal Reserve's hawkish tilt against...

The U.S. Labor Department on Friday will not publish its closely watched employment report for an unprecedented second straight month as the...

Oil prices rose on Friday but remained on track for a second consecutive weekly loss after three days of declines on worries about excess supply...

South Africa's TFG said on Friday it will tighten costs and close underperforming stores after erratic monthly sales and soft winter...

Shares in Novo Nordisk fell as much as 3% on Friday after the Danish drugmaker and U.S. rival Eli Lilly agreed with the U.S....

A sharp rise in Hungary's budget deficit, if coupled with higher inflation and currency market pressure, could threaten Hungary's credit...

UK stocks dipped on Friday, with IAG among the biggest drag, and were set to log losses for the week packed with earnings and a Bank of England...

Indian beauty retailer Nykaa's quarterly profit more than trebled on Friday, boosted by steady demand for makeup and skincare products as well...

Sterling was headed for its third straight weekly loss against the dollar and the euro on Friday as investors digested the Bank of England’s...

The Indian rupee dipped on Friday but held above its record low and ended slightly higher on the week as frequent interventions by the Reserve Bank...

Physical gold demand in India remained subdued this week as volatile prices deterred buyers from making purchases and prompted dealers to offer...

Taiwan's exports grew at their fastest clip in nearly 16 years in October, setting a record as booming demand for chips and artificial...

The South African rand was steady in early Friday trade, as investors worried about a correction in global stock markets following strong...

German exports rose more than expected in September as exports to the United States increased for the first time after five consecutive...

British house prices last month rose at the fastest pace since January, data from mortgage lender Halifax showed on Friday, adding to signs of...

The global private credit market currently has no systemic risks, while Asia offers the biggest growth opportunities, a senior Bain Capital private...

Tech-heavy stock markets were heading for their biggest weekly falls in seven months on Friday, as investors turned uneasy about how far the rally...

 U.S. stocks closed in negative territory on Thursday, with a resumption of Tuesday's tech selloff as investors contended with mounting...

U.S. holiday sales are expected to surpass $1 trillion for the first time, the National Retail Federation said on Thursday, though growth is...

The U.S. economy shed jobs in October amid losses in the government and retail sectors, while cost-cutting and the adoption of artificial...

Investors are counting on the Bank of England lowering borrowing costs in December after its tight vote to leave rates unchanged on Thursday ahead...

The U.S. jobless rate likely edged up in October to the highest in four years as the hiring rate for unemployed workers slowed and the rate of...

Most stock markets in the Gulf ended higher on Thursday, mirroring gains in Asian shares, as stronger-than-anticipated U.S. economic data lured...

Euro zone retail sales unexpectedly fell in September, challenging expectations for a consumption-led recovery and offsetting other mildly positive...

Sterling trimmed earlier gains on Thursday after the Bank of England kept rates unchanged but left signs it could cut rates next month...

The Czech National Bank (CNB) left interest rates steady on Thursday, as widely expected, keeping policy on hold for a fourth meeting in a row as...

Telecom Italia (TIM) would welcome any consolidation in the country's telecoms market, even if competitors should make the first move, the...

Eli Lilly said on Thursday its experimental obesity drug helped patients lose as much as 20.1% of their weight in a mid-stage trial. The...

UK's main stock indices were little changed on Thursday as sterling steadied near multi-month lows, with traders pausing for breath ahead...

Swiss stock exchange operator SIX said on Thursday it expects a 2025 net loss of about 300 million Swiss francs ($378.26 million), citing an...

Gold rose above the key $4,000 per ounce level on Thursday, supported by a retreat in the dollar, while a prolonged U.S. government shutdown raised...

The Indian rupee closed little changed on Thursday, wedged between persistent dollar demand from importers and positive cues from gains in Asian...

Indian textiles-to-chemicals firm Grasim Industries' stock fell as much as 6.5% on Thursday - its steepest in more than three years - as...

Nissan Motor swung back to an operating profit in the second quarter on Thursday, reporting its best quarterly result in more than a year due to...

Indian education technology platform PhysicsWallah set a price band of 103-109 rupees per share for its initial public offering, targeting a...

German utility Uniper has sold sizeable quantities of its future hydropower and nuclear output as part of its hedging strategy, the company...

Volvo Cars said on Thursday that it was targeting a long-term operating profit margin of over 8% in a strategy overhaul, deepening its...

India's dominant services sector saw its expansion falter to a five-month low in October, as competitive pressures and heavy rains dampened the...

MSCI will add four India-listed companies, including Fortis Healthcare and fintech firm Paytm, to Global Standard Indexes as part of its...