Economic news


Global Diesel Prices Hit Record Highs, Further Rises Likely

Global Diesel Prices Hit Record Highs, Further Rises Likely

Diesel prices have rallied in Europe and the United States to record highs as wars in Iran and Ukraine sharply ‌cut exports from some of the biggest producers such as Russia, Saudi Arabia and the United Arab Emirates, with little options to prevent further gains. Diesel futures in ...


September 21, 2026
Gold Falls on Rising Odds of Fed Rate Hike, Stronger Dollar
Gold Falls on Rising Odds of Fed Rate Hike, Stronger Dollar

Gold prices ‌fell on Monday as expectations of further policy tightening by the US Federal Reserve this year and hawkish signals from...

AMD Joins $1Tn Club as Chipmakers Rally on AI-Driven Demand
AMD Joins $1Tn Club as Chipmakers Rally on AI-Driven Demand

Advanced Micro Devices soared past $1 trillion ‌in market capitalization for the first time on Monday, joining a small group of...

Oura Targets $15.62B US IPO Valuation, Setting Fall Listings
Oura Targets $15.62B US IPO Valuation, Setting Fall Listings

Oura is targeting a fully diluted valuation ‌of $15.62 billion in its US initial public offering as the smart ring maker kicked off its...

LNG Buyers, Sellers Seek Supply Diversity Amid Iran War
LNG Buyers, Sellers Seek Supply Diversity Amid Iran War

LNG buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf ‌shipments, with importers seeking alternatives for...

ECB Opens Blockchain Link to Financial Markets
ECB Opens Blockchain Link to Financial Markets

The European Central Bank launched a new service on Monday linking its payment system to blockchain-based financial markets and said ​it would...

German Inflation to Stay High, Growth has Slowed, Bundesbank
German Inflation to Stay High, Growth has Slowed, Bundesbank

Inflation in Germany is set to remain elevated for some time due to higher energy costs linked to ​the Iran conflict and healthcare reforms due...

SoftBank Launches $11 bln Bonds to Fund OpenAI Investment
SoftBank Launches $11 bln Bonds to Fund OpenAI Investment

SoftBank Group Corp has launched the ​sale of $10 billion and €1 billion ($1.15 billion) denominated senior unsecured notes to ‌fund...

UK Indexes Climb as Banks Lead Ggains, Oil Prices Retreat
UK Indexes Climb as Banks Lead Ggains, Oil Prices Retreat

London shares climbed on ​Monday, with bank stocks leading gains, as risk appetite worldwide got ‌a lift after oil prices retreated on hopes...

Oil Falls to 11-Day Low on US-Iran Talks, Saudi Supply
Oil Falls to 11-Day Low on US-Iran Talks, Saudi Supply

Oil prices slid to their lowest in 11 days on Monday as investors ‌hoped for diplomatic progress on the Iran war due to this...

EU Gas Price Surge May Fuel Inflation Faster, ECB Finds
EU Gas Price Surge May Fuel Inflation Faster, ECB Finds

Natural gas price surges are likely to feed into euro zone inflation faster than in the past but will have a smaller impact on...

China Slows Humanoid Robot IPO Rush as Hype Outruns Reality
China Slows Humanoid Robot IPO Rush as Hype Outruns Reality

Chinese regulators are putting the brakes on a rush of humanoid-robot companies seeking listings, people familiar with the matter said, as they...

Yen Steadies as Intervention Threat Persists
Yen Steadies as Intervention Threat Persists

The Japanese yen steadied on Monday following a sharp drop last week that stirred intervention jitters, while investors...

Tech Lifts Share Markets in Asia as Oil Slips
Tech Lifts Share Markets in Asia as Oil Slips

Share markets rose in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more supply was finding its...

Indian Shares Inch Higher after Recent Slide
Indian Shares Inch Higher after Recent Slide

Indian shares edged higher on Monday, aided by bargain-buying following recent losses, while elevated ​crude prices and heightened primary market...

S&P 500, Nasdaq Advance, Turning Page on Tumultuous Week
S&P 500, Nasdaq Advance, Turning Page on Tumultuous Week

Wall Street closed a volatile week on a muted note ​on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed earlier gains...

French Debt Set for Record 120% of GDP in 2026, Ministry
French Debt Set for Record 120% of GDP in 2026, Ministry

France's debt is expected to reach a ​record high of 119.3% of output in 2026, ‌with a projected debt-to-GDP ratio of 121.7% in 2027, the...

UK House Prices Rise for First Time Since May, Rightmove
UK House Prices Rise for First Time Since May, Rightmove

British property sellers have increased the prices they want for their ​homes for the first time since May, ‌real estate website Rightmove...

Rupee Eyes Flows, Oil; Bonds Face Liquidity Drain
Rupee Eyes Flows, Oil; Bonds Face Liquidity Drain

The Indian rupee is expected to trade in a narrow range this week, supported by portfolio inflows and central bank intervention, though strong...

Yuan Hits Multi-Year High as PBOC Eases Curb Before Summit
Yuan Hits Multi-Year High as PBOC Eases Curb Before Summit

China's yuan strengthened to more than a 3-1/2-year high against the US dollar on Monday as the central bank softened its curb on currency...

September 18, 2026
Disney Names Karandeep Anand as Its First Tech Chief
Disney Names Karandeep Anand as Its First Tech Chief

Walt Disney on Friday named outsider Karandeep Anand its first chief technology officer, as ​AI and sweeping industry consolidation disrupt...

Europe's AI Firms Challenge US Calls for Slowdown
Europe's AI Firms Challenge US Calls for Slowdown

Europe's leading AI company ​Mistral and others have accused US rivals of using safety concerns to entrench their dominance, rejecting...

US Factory Output Falls in August as Costs Cloud Outlook
US Factory Output Falls in August as Costs Cloud Outlook

US factory production unexpectedly fell in August and higher oil prices and rising interest rates could offset some of the support from an...

BOJ Lifts Rates to 31-Yr High, Pivots to Inflation Fight
BOJ Lifts Rates to 31-Yr High, Pivots to Inflation Fight

The Bank of Japan raised interest rates to a 31-year high on Friday, with its governor ​signalling the central bank has entered a new phase focused...

Gold Extends Gains to Scale 1-Week High as Crude Prices Ease
Gold Extends Gains to Scale 1-Week High as Crude Prices Ease

Gold rose for a second ‌straight session on Friday to hit a one-week high, as oil prices fell, while investors kept a close watch on...

Oil Prices Set for Weekly Fall as Saudi Supply Fears Ease
Oil Prices Set for Weekly Fall as Saudi Supply Fears Ease

Oil prices fell on Friday, extending losses for a third straight session as ​easing concerns over Saudi supply disruptions outweighed anxiety about...

FTSE 100 Drops as Banks, Energy Weigh; Eyes Weekly Rise
FTSE 100 Drops as Banks, Energy Weigh; Eyes Weekly Rise

London's FTSE 100 pulled back from ​an over one-week high on Friday, dragged by banks and energy ‌stocks, but was set for gains in a week...

Five Countries Want Smaller Growth of next EU Budget, Spain Offers Ideas
Five Countries Want Smaller Growth of next EU Budget, Spain Offers Ideas

Germany, Denmark, Finland, the Netherlands and ‌Austria said on Friday the European Union's budget for 2028-2034 must be "several...

Jet Financiers Fret as Mideast War Drives Up Costs
Jet Financiers Fret as Mideast War Drives Up Costs

Soaring fuel and borrowing costs have overtaken aircraft shortages as the biggest concern for jet financiers, delegates at a major industry meeting...

China's January-August Fiscal Revenue Up 5.7% Year-on-Year
China's January-August Fiscal Revenue Up 5.7% Year-on-Year

China's fiscal revenue rose 5.7% in ​the first eight ‌months of 2026 from a year earlier, ​finance ministry data ​showed Friday, slightly...

British Consumers Defy Forecasts and Up Their Shopping Again
British Consumers Defy Forecasts and Up Their Shopping Again

British consumers unexpectedly increased their shopping in August, although they cut fuel ‌purchases after prices jumped following the...

Stocks, Bonds Dip as Central Banks Hike Rates
Stocks, Bonds Dip as Central Banks Hike Rates

Global shares and bonds dipped on Friday while Japan's well-telegraphed hike fell short of supporting the ​yen, as markets approached...

Sterling Ticks Up after UK Retail Sales Beat Expectations
Sterling Ticks Up after UK Retail Sales Beat Expectations

The pound rose slightly on Friday after figures showed UK retail sales unexpectedly rose in August, continuing a string of recent upbeat...

Indonesia Finance Minister Sees Policy Continuity, Deficit
Indonesia Finance Minister Sees Policy Continuity, Deficit

Indonesia's newly appointed finance minister, in his first press conference on Friday, emphasised fiscal policy continuity ‌by keeping the...

Rupee Breathes Easy; Focus Turns to RBI Central Bank Week
Rupee Breathes Easy; Focus Turns to RBI Central Bank Week

The Indian rupee traded modestly higher on Friday, steadied by portfolio inflows and lower oil prices, but was ​on track for a weekly decline as...

British Consumers Defy Forecasts and Up Their Shopping Again
British Consumers Defy Forecasts and Up Their Shopping Again

British consumers unexpectedly increased their shopping in August, although they cut fuel ‌purchases after prices jumped following the...

Yen Slumps after BOJ Hikes Rates as Expected
Yen Slumps after BOJ Hikes Rates as Expected

The yen sank against its major peers in Asian trading on Friday, after a widely-expected ‌rate hike by the Bank of Japan failed to halt the...

Tech Leads Wall St Higher as Oil Eases, Yields Dip
Tech Leads Wall St Higher as Oil Eases, Yields Dip

Wall Street bounced back on Thursday as easing oil prices, ​dropping US Treasury yields and solid labor data helped markets move beyond the Federal...

J.P.Morgan sees BoE Hiking Rates in February
J.P.Morgan sees BoE Hiking Rates in February

J.P.Morgan expects the Bank of England to raise interest rates by ​25 basis points in February, following the central bank's decision to...

UK Female Workers Still Get Lower Bonuses Than Men: Data
UK Female Workers Still Get Lower Bonuses Than Men: Data

Women in Britain continue to receive substantially lower bonus payments than ​men, according to human resources data firm...

September 17, 2026
BoE Halts Long-Dated Gilt Sales, Rewrites QE Unwind Plan
BoE Halts Long-Dated Gilt Sales, Rewrites QE Unwind Plan

The Bank of England paused sales of British government bonds for ‌the next six months and halted sales of long-dated gilts entirely as it set...

Dollar Eases After Fed Jump as Treasury Yields, Oil Retreat
Dollar Eases After Fed Jump as Treasury Yields, Oil Retreat

The US dollar eased on Thursday, a day after logging its biggest jump in three months after the Federal ‌Reserve hiked rates and signalled...

Gold Gains over 2% on Weaker Dollar, Easing Oil Prices
Gold Gains over 2% on Weaker Dollar, Easing Oil Prices

Gold gained more ​than 2% on Thursday, rebounding from the previous session’s near six-week low, supported ‌by easing oil prices and a...


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