Economic news


China, Indonesia Shocks Upend Global Coal Market

China, Indonesia Shocks Upend Global Coal Market

A deadly mining accident in China's biggest coal-producing region and mounting ​policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could boost prices as liquefied natural ‌gas (LNG) supplies remain tight due to the U.S.-Israeli w...


June 16, 2026
Thyssenkrupp to Spin Off Materials Trading Division
Thyssenkrupp to Spin Off Materials Trading Division

Thyssenkrupp plans to ​spin off its materials trading division, ‌the German conglomerate said on Tuesday, in what marks the sale of its...

US Agency Removes Chinese Toy Drones from Import Ban List
US Agency Removes Chinese Toy Drones from Import Ban List

The U.S. Federal Communications Commission said on ​Tuesday it will allow new ‌models of Chinese toy drones to be imported into the ​United...

Olin to Buy Huntsman in $2.43B Deal amid Tough Market
Olin to Buy Huntsman in $2.43B Deal amid Tough Market

Olin said on Tuesday it will acquire Huntsman in an all-stock deal valued at about $2.43 billion, combining two U.S. chemical producers...

Spain antitrust watchdog probes banks over mortgages
Spain antitrust watchdog probes banks over mortgages

Spain's antitrust regulator said on Tuesday it was launching disciplinary proceedings against all six listed ​lenders in the country, including...

Italy Business Lobby Urges Fast Renewables Roll-Out
Italy Business Lobby Urges Fast Renewables Roll-Out

Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the...

German Auto Lobby Backs EU-US Trade Deal amid Tariffs
German Auto Lobby Backs EU-US Trade Deal amid Tariffs

The European Parliament's approval of Brussels' ​trade deal with the United States ‌is important for German auto makers seeking...

Equinor Scraps Renewable Energy Capacity Target
Equinor Scraps Renewable Energy Capacity Target

Norwegian oil and gas group Equinor has further ‌scaled back its renewable energy ambitions, dropping a 2030 installed capacity target...

Sterling Steady on US-Iran Deal as Focus Turns to BoE
Sterling Steady on US-Iran Deal as Focus Turns to BoE

Sterling held steady against the U.S. dollar on Tuesday as traders weighed the U.S.-Iran interim agreement to end the Middle East conflict and...

UK to Review Pension Transfer Rules after Unusual Deal
UK to Review Pension Transfer Rules after Unusual Deal

Britain will review defined benefit pension transfer rules after ​a novel deal saw an ‌asset manager take on a scheme's assets and...

FTSE 100 Rises on Financials, Industrials; Oil Slips
FTSE 100 Rises on Financials, Industrials; Oil Slips

London's FTSE 100 rose on Tuesday, with ​financials and industrials leading gains, as easing oil ​prices supported risk appetite. Oil prices...

RWI Cuts Germany Recovery Outlook on Energy Inflation
RWI Cuts Germany Recovery Outlook on Energy Inflation

BERLIN, June 16 (Reuters) - Germany's economy is expected to grow by 0.8% in both 2026 ​and 2027, as resilient industrial activity offsets only...

Rupee Gains as Markets Eye US-Iran Deal, Fed Guidance
Rupee Gains as Markets Eye US-Iran Deal, Fed Guidance

The Indian rupee rose for a third consecutive session on Tuesday as underlying sentiment remained ​supportive, while traders awaited details of the...

German Investor Morale Rebounds on Iran Peace Hopes
German Investor Morale Rebounds on Iran Peace Hopes

German investor morale rose unexpectedly ‌in June as financial market experts bet the Iran conflict was nearing an end and inflation...

Stocks Rise on SpaceX Tech Boom; Yen Flat after BOJ Hike
Stocks Rise on SpaceX Tech Boom; Yen Flat after BOJ Hike

Global stocks edged higher on Tuesday after a rally the day before on news ​of a U.S.-Iran peace deal, while the dollar held firm against the...

Dollar Drifts, Yen Finds no Relief after BOJ Hike
Dollar Drifts, Yen Finds no Relief after BOJ Hike

The dollar held near 10-day lows on Tuesday as a preliminary deal to end the Iran war buoyed ​risk appetite, while the...

Oil Drops to new 3-Month Low on US-Iran Peace Deal
Oil Drops to new 3-Month Low on US-Iran Peace Deal

Oil prices ​slid to fresh three-month lows on Tuesday as markets weighed prospects for a resumption of supplies through ‌the Strait of Hormuz...

Gold Gains as US-Iran Peace Deal Eases Rate Hike Concerns
Gold Gains as US-Iran Peace Deal Eases Rate Hike Concerns

Gold prices rose on Tuesday as ‌a preliminary U.S.-Iran peace agreement eased concerns of rate hike by the Federal Reserve, while investors...

Germany Formally Rejects UniCredit's Commerzbank Offer
Germany Formally Rejects UniCredit's Commerzbank Offer

Germany has officially rejected UniCredit's offer to buy Commerzbank, ​the country's finance agency said on Tuesday, citing a...

Bank of Japan Raises Interest Rates to 31-Year High
Bank of Japan Raises Interest Rates to 31-Year High

The Bank of Japan raised interest rates to a 31-year high on Tuesday, ​marking another landmark step in normalising monetary policy as it focused...

RBA Warns Rate Hikes Might not be Over after Holding Fire
RBA Warns Rate Hikes Might not be Over after Holding Fire

Australia's central bank held its cash rate steady at 4.35% on Tuesday, saying the economy was slowing in the face of tighter financial...

Nvidia to Raise $25B in First Corporate Bond Sale in 5 Years
Nvidia to Raise $25B in First Corporate Bond Sale in 5 Years

Nvidia said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps ​the debt market to increase liquidity for the first...

US-Iran Deal may not Bring Quick Relief for Auto Shops
US-Iran Deal may not Bring Quick Relief for Auto Shops

Tokyo shops report shortages of motor oil, paint thinner and diesel exhaust fluid Repairers may delay repainting vehicles, especially popular...

Wall St Rallies, Dow Hits Record on US-Iran Deal, Oil Slides
Wall St Rallies, Dow Hits Record on US-Iran Deal, Oil Slides

Wall Street rallied on Monday, with the Nasdaq climbing 3% and the Dow marking a record-high ​close after the United States and Iran struck a...

China May new Home Prices Fall Faster on Soft Demand
China May new Home Prices Fall Faster on Soft Demand

China's new home prices fell at a slightly faster pace in May, official data showed on Tuesday, ‌as the crisis-hit property sector...

China Economic Imbalance Deepens as Retail Sales Fall
China Economic Imbalance Deepens as Retail Sales Fall

China's economy showed increasing unevenness in May, with retail sales falling for the first time in over three years and investment slumping,...

Peru's Economy Beats Expectations, Up 3.7% in April
Peru's Economy Beats Expectations, Up 3.7% in April

Peru's economy expanded 3.73% in April from a year earlier, ​data from the government's INEI statistics agency ‌showed on Monday,...

June 15, 2026
India May Silver Imports Hit 3-Year Low on Curbs
India May Silver Imports Hit 3-Year Low on Curbs

India's silver imports plunged 87% in May from a year earlier to their lowest level in more than three ​years, government data showed on...

AmEx to Buy Tripadvisor's Restaurant Unit for $700M
AmEx to Buy Tripadvisor's Restaurant Unit for $700M

American Express will buy restaurant booking platform TheFork from ‌Tripadvisor in an all-cash deal worth $700 million, the...

Salesforce Deepens AI Automation Push with $3.6B Fin Buyout
Salesforce Deepens AI Automation Push with $3.6B Fin Buyout

Salesforce on Monday said it will buy autonomous AI agent platform ​Fin for about $3.6 billion, bolstering its Agentforce offering as...

RBI Tightens Rules to Curb Mis-Selling, Bans Dark Patterns
RBI Tightens Rules to Curb Mis-Selling, Bans Dark Patterns

The Reserve Bank of India on Monday issued rules to curb mis-selling of financial products by lenders, banning deceptive marketing tactics ​and...

IMF Chief sees no Global Slowdown Yet, but Risks are High
IMF Chief sees no Global Slowdown Yet, but Risks are High

The world economy is so far weathering the shock of the war in the Middle East despite a ​surge in commodity prices, higher inflation and strains...

Gold Gains more than 3% as US, Iran Reach Peace Deal
Gold Gains more than 3% as US, Iran Reach Peace Deal

Gold prices rose more than ​3% on Monday, climbing to an over one-week peak after Iran ‌and the U.S. agreed to halt their war, a move that...

US Homebuilder Sentiment Falls in June amid Rising Costs
US Homebuilder Sentiment Falls in June amid Rising Costs

U.S. homebuilder sentiment fell in June, weighed down by higher mortgage rates and costs for construction materials, a survey showed on...

Investors Choosier on Private Markets after Turbulence
Investors Choosier on Private Markets after Turbulence

ZURICH, June 15 (Reuters) - Institutional investors are looking more closely at private market investments after recent turbulence at firms such as...

India May Trade Gap Narrows; US Trade Talks in Focus
India May Trade Gap Narrows; US Trade Talks in Focus

India's merchandise trade deficit narrowed marginally in May as higher exports offset part of the import ‌bill, while firms navigated...

SNB to Keep Rates at 0% this Year and Next, Experts Say
SNB to Keep Rates at 0% this Year and Next, Experts Say

The Swiss National Bank will keep its key policy rate at 0% on June 18 and for the rest of the year, according to all ​the economists who responded...

America's RV Industry Feels Chill of War and High Gas Prices
America's RV Industry Feels Chill of War and High Gas Prices

Coley Brady in late March cut production from five days a week to four on most of the assembly lines at his sprawling complex of five recreational...

China Bonds Emerge as Safe Haven amid Iran War Reshuffle
China Bonds Emerge as Safe Haven amid Iran War Reshuffle

Global asset managers have been adding Chinese government bonds ​to their portfolios since the Iran war broke out, drawn not by yield but by their...

Oil Hits 3-Month Low as US, Iran Reach Peace Deal
Oil Hits 3-Month Low as US, Iran Reach Peace Deal

Oil prices ​slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they...

Renault, Thales Unveil Military Vehicle Partnership
Renault, Thales Unveil Military Vehicle Partnership

Renault Group said on Monday it has teamed up with defence technology company Thales to develop a military vehicle, deepening the French...

STOXX 600 Hits Record High on US-Iran Preliminary Peace Deal
STOXX 600 Hits Record High on US-Iran Preliminary Peace Deal

Europe's STOXX 600 hit a record ​high on Monday, boosted by a relief rally across most sectors after the United States and Iran...

India May WPI Hits 9.68% on Mideast War Fuel Surge
India May WPI Hits 9.68% on Mideast War Fuel Surge

India's wholesale price inflation rose to 9.68% year-on-year in May, government ‌data released on Monday showed, as the energy shock...


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