Economic news

Singapore's United Overseas Bank is selling its asset management business to a unit of Germany's Allianz for S$555 ​million ($434...

Engine maker Cummins India reported a marginal rise in quarterly profit on Wednesday, as strong ​domestic demand across its power generation,...

Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this ​year, but a shift in business investment...

Indonesia's annual economic growth in the second ​quarter came in at its slowest in three as household and public spending eased, official data...

The AI boom was widely expected to favour the new companies building the models. Recent earnings suggest it ‌is some of Europe's biggest,...

London's FTSE 100 rose on ‌Wednesday, driven by strong results from Glencore and Next as well as growing expectations for a U.S.-Iran...

British new car registrations rose nearly 12% in July, marking their best performance since ​2019 as battery electric vehicle (BEV) sales reached...

LONDON, Aug 5 (Reuters) - Britain's dominant services sector returned to growth last month as new orders picked up, according to a survey by...

The Reserve Bank of India left its benchmark repo ‌rate INREPO=ECI unchanged at 5.25% on Wednesday, as policymakers await clearer evidence on...

Germany's service sector contracted only marginally in July as demand picked up slightly and new business rose for the first time in five...

India's foreign exchange reserves rose to a near three-month high of $692.9 billion as of July 31, data from ​the Reserve Bank of India showed...

The Indian rupee rose to its highest level in a month on ​Wednesday, buoyed by lower oil prices and a weaker ‌dollar, while forward premiums...

Gold rose for a third straight session on Wednesday, hitting a one-month ‌peak on a softer dollar and lower oil prices, while investors...

BENGALURU, Aug 5 (Reuters) - Growth in India's dominant services sector slumped to its weakest pace in over four years in ​July as demand was...

Asian stock markets jumped on Wednesday as robust earnings and renewed appetite for tech propelled Wall Street to record highs, ​while hopes for...

Currency markets paused for breath on Wednesday as pressure on the Japanese yen ​eased following recent bouts of intervention and a forceful show...

India's markets regulator sees no flaws in the structure ​or design of the new stock closing auction ‌and is unlikely to immediately...

The S&P 500 and the Dow closed at record highs on Tuesday, powered by ​the latest batch of earnings from AI-related companies such as...

China has eased limits on refined fuel exports ​for a second month in August, giving ‌refiners temporary approval to ship 2.7 million metric...

Japan's real wages grew 1.6% in June from a year before, a ​sixth consecutive month of increases, government data ‌showed on Wednesday,...

NEW YORK, Aug 4 (Reuters) - Traders in the ​options market are braced for a swing of roughly $225 billion in the value of SpaceX shares...

Polymarket is seeking to raise funds at a valuation ​of more than $20 billion, Bloomberg News ‌reported on Tuesday, citing people familiar...

India's second-largest telecom operator Bharti Airtel posted a 37.3% rise in first quarter profit on Tuesday, driven by ​subscriber...

India's FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in ​quarterly profit on...

Chinese robot maker Unitree Technology is expected to be ​valued at more than 50 billion yuan ($7.4 billion) after ‌its planned Shanghai IPO,...

The pound was little changed on Tuesday as markets waited for further details on possible U.S.-Iran peace talks and traders were on alert...

European ​shares hit an all-time high on Tuesday, as gains in technology stocks and a ‌slate of corporate earnings updates helped shift focus...

European online fashion retailer Zalando on Tuesday forecast 2026 revenue and growth to land in the lower half of its previously guided range...

Bending Spoons has agreed to buy Airtable in an all-cash deal ​valuing the U.S. software firm at $1.285 ‌billion, the companies said on...

Aug 4 (Reuters) - German fashion group Hugo Boss reported second-quarter operating profit ahead ‌of expectations on Tuesday and confirmed...

London's FTSE 100 rose on Tuesday, buoyed by strong results from blue-chip company BP and a surge in metal miners as commodity prices...

The Indian rupee logged modest gains on Tuesday, supported by dollar sales by foreign banks, although gains ​were capped on account of importer...

HSBC Holdings reported a better-than-expected first-half profit and raised its net interest income target, driven by ‌revenue growth in...

Board members of South Korea's central bank said they would carefully determine the timing and pace of any ​further policy tightening, with...

Oil prices rose on Tuesday as a diplomatic ‌resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through...

Gold nudged higher on ​Tuesday as investors weighed mixed signals on potential U.S.-Iran talks and awaited ‌a series of U.S. labour market...

Asian markets were choppy on Tuesday as investors weighed whether strong U.S. corporate earnings would boost ‌AI-related stocks in the region,...

U.S. stocks kicked off ​August on a strong note to send the Dow Industrials to a closing record high, as signs of de-escalating U.S.-Iran tensions...

Londian Wason New Energy Tech is targeting a valuation of up to $1.7 billion ​in its U.S. initial public offering, the copper foil maker said...

Tyson Foods lowered its ​annual profit forecast on Monday, warning that losses in its beef business would widen as tight U.S. ‌cattle...

Visa said on Monday it would buy fraud intelligence provider BioCatch for $2.4 billion ​in cash, marking the card giant's latest effort to...

JPMorgan said on Monday it was planning to deploy more than $750 billion into ​housing through 2035, in a push to increase supply ‌and...