Economic news

Italian oil contractor Saipem is ready to resume activities in Venezuela after the easing of U.S. sanctions as it expects demand emerging from...

Santander aims to hike its profit by over 40% in the next three years to above 20 billion euros, helped by growth in its U.S. and UK markets,...

Britain's FTSE 100 touched a fresh peak on Wednesday after lender HSBC lifted a key earnings target, while easing concerns about the impact of...

Private home prices in Hong Kong rose 0.5% in January, the eighth consecutive month of increase, strengthening signs of a housing recovery as...

Sportswear brand On Running has opened a factory in Busan, South Korea using robots to make running shoes and plans more robot factories in the...

Sterling edged up against the dollar and the euro on Wednesday, with investors keeping a close eye on interest-rate divergence and market...

British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it strives to recover from the impact...

The Indian rupee ended nearly flat on Wednesday as dollar demand spurred by maturing contracts in the non-deliverable forwards market blunted...

European shares rose to a high on Wednesday, underpinned by a rebound in financials after British bank HSBC raised a key lending target, while...

India's equity benchmarks closed marginally higher on Wednesday, as IT stocks clawed back some of the previous session's losses and as...

Gold prices rose on Wednesday, lifted by a softer dollar and heightened safe-haven demand amid uncertainty over U.S. tariffs and rising friction...

A bounceback by tech stocks around the world helped drive equity markets higher on Wednesday and set the scene for Nvidia's earnings report,...

The yen hovered near two‑week lows against the dollar on Wednesday after sliding the previous day on worries about a more dovish Bank of Japan and...

Onshore wind turbine manufacturer Nordex said it was targeting U.S. expansion after reporting on Wednesday better-than-expected 2025 core...

GSK on Wednesday agreed to pay $950 million in cash for Canadian biopharmaceutical company 35Pharma Inc, which is developing a medicine for...

HSBC Holdings lifted a key earnings target after its annual profit beat expectations, a decision which reflects that most of the bank's...

Diageo cut its annual sales and profit forecast for the second time in four months and slashed its dividend, as its first results under new...

Australia's Domino's Pizza Enterprises flagged a weak start to the second half of the year on Wednesday citing extreme weather in...

South Korea's LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419 million ($297.99 million), in Australian...

Oversea-Chinese Banking Corp (OCBC) on Wednesday said its fourth-quarter net profit rose 3%, as the new CEO of Singapore's second-largest...

A leading indicator of Japan's services sector prices rose 2.6% in January from a year earlier, data showed on Wednesday, a sign rising wages...

Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into...

U.S. aluminium company Alcoa Corp is looking to sell 10 of its closed or curtailed sites to the data centre industry, with the first sale set...

Global shares rose on Tuesday after losing ground in the prior session amid renewed focus on the economic impact of artificial intelligence and...

U.S. consumer confidence rebounded more than expected in February amid an improvement in households' perceptions of the labor market, a survey...

AES Corp said on Tuesday it has signed a 20-year agreement with Google to supply power to the U.S. tech giant's new data center...

Mexico's annual inflation rate hit 3.92% in the first half of February, official data showed on Tuesday, slightly above the 3.89% expected by...

The UK's FTSE 100 dipped on Tuesday, echoing a downbeat sentiment across global markets as investors grappled with tariff-related trade...

The pound was little changed on Tuesday after eking out modest gains in the last two sessions, as traders awaited testimony from Bank of England...

Japan said on Tuesday it had asked the United States to ensure its treatment under a new tariff regime would be as favourable as in an existing...

Finnish-headquartered IQM Quantum Computers is aiming to list its shares on the U.S. stock market via a merger with a special purpose acquisition...

The owner of most IKEA outlets worldwide said on Tuesday sports retailer Decathlon will open a store in one of its British locations as the budget...

Thailand's central bank chief said on Tuesday that fiscal and monetary policy should be deployed in tandem to lift economic growth toward 2.7%...

India will overhaul how it calculates real GDP growth under a revised national accounts series due to launch this week, the country's top...

Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they defied...

Indian textile maker Gokaldas Exports, a supplier to Walmart, sees pressure on its core earnings margins easing in fiscal 2027 as lower U.S....

French department store chain BHV plans to open Shein physical shops in five other French cities on February 25, the Chinese online fast-fashion...

Indonesian authorities have struggled to arrest a creeping loss of confidence in financial markets and recent policy responses appear to have even...

The mood among German exporters improved in February, a survey by the Ifo economic institute showed on Tuesday, but the latest changes to U.S....

Gold prices fell on Tuesday as investors booked profits after bullion rose more than 2% in the previous session, while pressure from a stronger...

The yen weakened on Tuesday as markets weighed the fallout on global trade from renewed turbulence over U.S. President Donald Trump's tariff...

Asian stocks stabilised after a wobbly start on Tuesday as a fresh AI-linked selloff on Wall Street rattled investors, with sentiment also hurt by...