Economic news

U.S. mortgage rates will stay higher than previously forecast and decline only modestly over coming quarters, a Reuters poll of property experts...

The fate of the sharpest yen rally in 18 months rests on the Bank of Japan breaking free of its cautious rate-hiking path, though it risks a...

Benchmark 10-year U.S. Treasury yields climbed above 5% on Monday, the highest level since October ​2023 and a closely watched psychological...

Microsoft on Monday ‌unveiled a draft code of conduct for its in-house artificial intelligence that reflects growing industry concern...

Guangzhou Automobile Group signed a letter of intent with FAW ​Group, another Chinese automaker, it said on Monday, to ‌acquire part of...

ASML is looking at ways to produce more than 110 of ​its EUV chip-printing tools in 2028 ‌to meet AI-driven demand, JPMorgan analysts...

Anthropic CEO Dario Amodei called on AI companies to slow the pace at which they develop the technology, the latest in a series of...

Spirits company Sazerac announced on Monday that ​it completed the acquisition of Au ‌Vodka in a deal that a source familiar with the matter...

JPMorgan is set to launch its long-awaited "frontier" market local-currency government ​bond index by the end of September, giving...

China's new bank loans returned to positive territory in August but fell well short of analysts' forecasts after a record contraction...

India's annual retail inflation accelerated further in August as price pressures spread beyond food and transport, strengthening the...

Oil prices rose more than 3% ​on Monday after new strikes on Saudi Arabian energy infrastructure and attacks on ships in the ‌Middle East...

Bitcoin bulls are back after months of gloom, but a Federal Reserve rate decision this week will test that optimism, ​even as a key Senate vote on...

London's FTSE 100 index rose on Monday, as investors ​flocked to defensive sectors such as healthcare and consumer staples, with oil...

The pound fell to its lowest in more than a month on Monday as investors flocked towards the safe-haven dollar after oil prices jumped...

The Bank of England ​looks set to keep interest rates steady this week despite surging oil prices but is expected to slow the pace at...

Goldman Sachs on Monday turned more hawkish on the Bank of ​England, forecasting a 25-basis-point rate hike in November ‌2026 as inflation...

Shares in Euronext and Deutsche Boerse rose around 2% on Monday after CEO Boujnah said ​he was open to a tie-up with ‌its German...

Gold prices eased ​on Monday as a surge in oil prices fuelled inflation concerns, boosting ‌expectations that the U.S. Federal Reserve may...

The dollar firmed on Monday, with the yen's recent rally sputtering near a seven-month high as ​investors pondered possible rate hikes...

Share markets slid in Asia on Monday, dragged down by AI stocks, while supply concerns in the ​Middle East caused oil prices to spike...

Taiwan's central ‌bank is expected to hold its policy interest rate steady this week given moderating inflation, according to economists...

Wall Street ended higher on Friday as oil prices retreated and strong consumer ​price data reinforced expectations the Federal Reserve will raise...

S&P Dow ‌Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the...

  The ​dollar held near its highest levels of the past week on Friday after conflict in the Middle ‌East pushed up oil prices and bond...

Gold prices rose on Friday, but ​were headed for a weekly loss, as oil slipped from multi-month highs ‌and assuaged some inflationary...

Global oil supply and demand look set to fall further ‌than previously expected this year, the International Energy Agency said on Friday, as...

U.S. consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce...

A plan by Kioxia to list shares in the United States could put the Japanese chipmaker ​back into the global investment spotlight,...

Oil prices slipped on Friday but ‌remained on track to end the week above $100 a barrel for the first time since mid-May and U.S. diesel...

A selloff in global bond and equity markets took a breather on ​Friday as oil prices retreated from a four-month high, though the recent surge in...

Australian stocks ended Friday at ​a more than two-month low, as miners led by BHP lost on ‌weaker commodity prices, while a surge in oil...

Novartis investors are set to step up scrutiny of the Swiss group's dealmaking strategy after setbacks to drugs it acquired...

Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar ​Garcia Maceiras told Reuters, as the Zara...

A global bond selloff pushed U.S. 10-year Treasury yields near the closely watched 5% level on Friday ​as inflationary fears stemming...

U.S. stocks ended down on Thursday after producer price data for August ​and surging oil prices stoked worries the Federal Reserve will hike...

U.S. producer prices increased in August amid higher costs of goods, airline fares and hospital services, boosting the chances of an interest rate...

U.S. existing home sales dropped to a 14-month low in August as rising mortgage rates continued to suppress demand. Home sales fell 2.0% last...

Nervy markets were waiting ​for key U.S. inflation data on Thursday after the ECB lifted its interest rates for a second time this year and oil...

The number of Americans filing claims for unemployment benefits fell last week, suggesting that ​layoffs remained low and continued to ‌anchor...

AI's rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo ‌Hernandez de Cos said, with...

A Republican-led Senate subcommittee responsible for disaster-management oversight is examining OpenAI's response to the July Hugging Face...