Economic news


Shares Cautious, FX and Bonds Hold Breath Ahead of Warsh

Shares Cautious, FX and Bonds Hold Breath Ahead of Warsh

Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the world's most powerful central banker to speak on U.S. interest ​rates. Oil prices were headed for weekly losses as Iran and Oman had agreed on ...


August 28, 2026
Google Changes Spam Policy in EU to Avert Antitrust Fine
Google Changes Spam Policy in EU to Avert Antitrust Fine

Alphabet's Google on Friday said it had changed its spam policy, opens new tab in Europe to ​address EU concerns that could have...

Oil Flat, Set for Weekly Loss on Stalled US-Iran Talks
Oil Flat, Set for Weekly Loss on Stalled US-Iran Talks

Oil prices held steady on Friday but were on track for a weekly drop as traders weighed stagnant U.S.-Iran diplomatic talks against some crude...

Gold Inches Up Ahead of Warsh's Jackson Hole Speech
Gold Inches Up Ahead of Warsh's Jackson Hole Speech

Gold prices ticked up on Friday, with ​investors looking out for Federal Reserve Chair Kevin Warsh's remarks at the ‌Jackson Hole...

Dollar Heads for Weekly Gain as Warsh Remarks Awaited
Dollar Heads for Weekly Gain as Warsh Remarks Awaited

The U.S. dollar held firm near a one-week high against major peers ​on Friday, as investors stood on the sidelines ahead of Federal...

SK Hynix Sees Memory Deficit to 2030, Indiana Output in 2029
SK Hynix Sees Memory Deficit to 2030, Indiana Output in 2029

South ‌Korean chipmaker SK Hynix said on Thursday it plans to begin volume production of its next-generation HBM4E chips at its Indiana...

Tokyo Core Inflation Nears BOJ Target, Boosting Hike Odds
Tokyo Core Inflation Nears BOJ Target, Boosting Hike Odds

Annual core inflation in Tokyo accelerated in August for the third ‌straight month, data showed on Friday, a sign of broadening price...

August 27, 2026
Britain's FTSE 100 Slips as Banks, Energy Stocks Slide
Britain's FTSE 100 Slips as Banks, Energy Stocks Slide

London's FTSE 100 ‌slipped for a second straight session on Thursday as weakness in bank and energy stocks eclipsed gains in data and...

Dollar Flat after Data as Focus Shifts to Jackson Hole
Dollar Flat after Data as Focus Shifts to Jackson Hole

The dollar was little ​changed on Thursday after a round of economic data, while attention began to shift towards a speech by Federal ‌Reserve...

Shein's Hong Kong IPO Values Firm at $26.5B, Sources Say
Shein's Hong Kong IPO Values Firm at $26.5B, Sources Say

Online fast-fashion retailer Shein is set to price its Hong Kong initial public offering near the midpoint of its ​marketed range, raising...

Brazil's July Current Account Deficit Widens to 7-Year High
Brazil's July Current Account Deficit Widens to 7-Year High

Brazil's current account deficit widened far more than expected ​in July, central bank data showed on ‌Thursday, reaching its largest...

SNB's Martin Backs Tougher Capital Rules for UBS
SNB's Martin Backs Tougher Capital Rules for UBS

The Swiss National Bank on Wednesday repeated its backing for the government's banking reform proposals, as the debate on plans to ​make...

SK Hynix Breaks Ground on $4B Indiana AI Chip Plant
SK Hynix Breaks Ground on $4B Indiana AI Chip Plant

South Korean chipmaker SK Hynix on Thursday ‌held a groundbreaking ceremony for an advanced packaging and research facility in Indiana...

Meta's Social Deal Leaves Its Revenue Machine Unscathed
Meta's Social Deal Leaves Its Revenue Machine Unscathed

Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact. The social media giant...

Dollar Stores Beat Sales Estimates on Low-Cost Goods Demand
Dollar Stores Beat Sales Estimates on Low-Cost Goods Demand

Dollar General and Dollar Tree surpassed quarterly sales estimates on Thursday as lower-priced essentials drove consumers to their stores...

Visa, Mastercard Launch Syria Payments as US Lifts Sanctions
Visa, Mastercard Launch Syria Payments as US Lifts Sanctions

Visa and Mastercard carried out their first international card ​transactions in Syria on Wednesday, a major step in reconnecting the country with...

US Jobless Claims Dip; Goods Trade Deficit Widens in July
US Jobless Claims Dip; Goods Trade Deficit Widens in July

The number of Americans filing claims for unemployment benefits fell last week, suggesting that the labor market remains stable ​despite a surprise...

Best Buy Raises Annual Forecasts as AI Spurs Device Upgrades
Best Buy Raises Annual Forecasts as AI Spurs Device Upgrades

Best Buy raised its ​full-year sales and profit forecasts on Thursday, betting on an AI-fueled device upgrade ‌cycle and growth in newer...

China Launches Auto Quality Drive, Mandates Defect Recalls
China Launches Auto Quality Drive, Mandates Defect Recalls

Chinese regulators on Thursday ordered automakers to file proactive recall plans for any defects uncovered in self-audits, as part of ​a year-long...

Hormel Foods Cuts Annual Sales Forecast as Demand Slacks
Hormel Foods Cuts Annual Sales Forecast as Demand Slacks

Hormel Foods cut its annual sales forecast on Thursday, weighed down by declines in the retail segment and weak demand ​for private-label...

CNOOC Sees Potential for US-China Energy Cooperation
CNOOC Sees Potential for US-China Energy Cooperation

Chinese state-owned oil and gas major CNOOC sees potential for energy ​cooperation between China and the United States, its ‌CEO said on...

Rupee Dips as Importer Dollar Demand Overpowers Gains
Rupee Dips as Importer Dollar Demand Overpowers Gains

The Indian rupee declined, giving up tepid early gains on Thursday, as importer dollar demand picked ​up pace. The rupee ended at 95.54 per...

Dollar Tree Beats Revenue Forecast on Steady Demand
Dollar Tree Beats Revenue Forecast on Steady Demand

Discount retailer ​Dollar Tree beat Wall Street ‌estimates for second-quarter revenue on Thursday, buoyed by resilient demand ​for its...

Sterling Slips as Rate Hike Bets Fade Ahead of Jackson Hole
Sterling Slips as Rate Hike Bets Fade Ahead of Jackson Hole

Sterling eased to ​a one-week low against the dollar and the euro as investors pared expectations for ‌an interest rate hike by the Bank of...

French Telco Iliad's Core Profit Rises 2% on Italy Strength
French Telco Iliad's Core Profit Rises 2% on Italy Strength

French telecom operator Iliad posted a 2.2% rise ​in its half-year core profit on Thursday, buoyed by strong performance ‌in Italy. The...

Euro Zone Lending Growth Picks Up, ECB Says
Euro Zone Lending Growth Picks Up, ECB Says

Growth in bank lending ​to euro zone ‌companies and households accelerated in ​July, the first ​full month after ⁠the European Central...

Delivery Hero Lifts 2026 Outlook Amid Uber Buyout Bid
Delivery Hero Lifts 2026 Outlook Amid Uber Buyout Bid

Aug 27 (Reuters) - German online takeaway food company Delivery Hero, ‌subject to a takeover offer by U.S.-based rival Uber, lifted...

German Consumer Sentiment Rises into September, Survey Finds
German Consumer Sentiment Rises into September, Survey Finds

German consumer sentiment is set to increase going into September, with gains in economic and income expectations helping to counter...

Wall St Dip After Hot Inflation Data Ahead of Nvidia Results
Wall St Dip After Hot Inflation Data Ahead of Nvidia Results

Wall Street's main indexes closed slightly lower on Wednesday after a U.S. inflation reading ​came in hotter than expected, while many...

UK July Auto Output Drops on Weak Exports, Plant Shutdowns
UK July Auto Output Drops on Weak Exports, Plant Shutdowns

British vehicle production fell 11.6% year-on-year in July as weaker exports and earlier summer maintenance shutdowns at some plants weighed on...

VW CEO, Labor Boss Dig In Ahead of Key Board Meeting
VW CEO, Labor Boss Dig In Ahead of Key Board Meeting

Volkswagen's management and labour leaders ​dug in on Wednesday ahead of a crucial board meeting next week, with CEO Oliver Blume pushing...

Crypto Boss Faces UK-US Extradition Over Fraud
Crypto Boss Faces UK-US Extradition Over Fraud

The British-based chief executive of a cryptocurrency company who is wanted in the United States on charges of wire fraud and market manipulation...

August 26, 2026
US Inflation Remains Elevated, GDP Growth Outlook Brightens
US Inflation Remains Elevated, GDP Growth Outlook Brightens

Annual U.S. inflation held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the unexpected pause in...

Huawei, HP Sign Multi-Year Wi-Fi Patent Deal
Huawei, HP Sign Multi-Year Wi-Fi Patent Deal

China's ​Huawei Technologies (HWT.UL) said on Wednesday it had reached a multi-year cross-licence agreement with HP Inc, covering ‌patents...

Kohl's Sales Fall on Shoppers' Financial Pressures
Kohl's Sales Fall on Shoppers' Financial Pressures

Kohl's ​on Wednesday missed Wall Street estimates for second-quarter sales as muted spending on women's clothing and skincare products...

DAZN to Buy EverPass Media to Expand in US Venues
DAZN to Buy EverPass Media to Expand in US Venues

DAZN said on Wednesday it has agreed to acquire EverPass Media that will combine ​DAZN's sports content with EverPass' U.S. streaming...

China's MiniMax H1 Revenue Quadruples on AI Demand
China's MiniMax H1 Revenue Quadruples on AI Demand

Chinese AI startup MiniMax on Wednesday posted a nearly four-fold jump in first-half revenue as demand for its ​low-cost models and AI...

Gaja Alternative Asset Valued at $251.5M in Trading Debut
Gaja Alternative Asset Valued at $251.5M in Trading Debut

Gaja Alternative Asset Management, India's first listed alternative asset management company, closed 5.4% higher at 168.67 rupees in its...

S&P 500 to End 2026 Slightly High on Earnings Optimism
S&P 500 to End 2026 Slightly High on Earnings Optimism

The S&P 500 benchmark U.S. stock index will add to this year's already robust gains and end 2026 about 3% above current levels, reflecting...

Airbus Workers in Spain Resume Strike After Rejecting Offer
Airbus Workers in Spain Resume Strike After Rejecting Offer

Thousands of Airbus workers in Spain have resumed strike action this week after rejecting the company's latest pay offer and mediation...

FTSE 100 Flat ahead of US Inflation Data and Nvidia Results
FTSE 100 Flat ahead of US Inflation Data and Nvidia Results

London's FTSE 100 was muted on Wednesday as a slide in oil prices pressured energy stocks and offset broader gains, while investors awaited key...

Sterling Dips, Currency Markets Look to the U.S. for Cues
Sterling Dips, Currency Markets Look to the U.S. for Cues

The pound dipped from its recent high against the dollar and also slid versus the euro on Wednesday, ​but with little in the way of major news...

UK Retail Sales Weaken in August, CBI Says
UK Retail Sales Weaken in August, CBI Says

British retail sales weakened in August after their strongest performance in six months ​in July, although stores expect a recovery ‌in...


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