Economic news


Asia Stocks Fall as Yen Surges, Iran Warns US of Retaliation

Asia Stocks Fall as Yen Surges, Iran Warns US of Retaliation

A surge in the yen and mixed economic data sent Asian stocks ​lower on Tuesday, while fresh Iranian threats in the Gulf drove commodity prices and Treasury bond yields higher. The yen jumped as ‌much as 1% to 152.89, its strongest level since February 18, as investors unwound an estimat...


September 8, 2026
Sterling Dips as Traders await Bailey's Remarks
Sterling Dips as Traders await Bailey's Remarks

The pound dipped against the dollar on Tuesday, as investors waited to hear from several Bank of England policymakers, including Governor Andrew...

Novartis Drug Setbacks Pressure Pipeline and CEO
Novartis Drug Setbacks Pressure Pipeline and CEO

Novartis said on Tuesday its experimental drug for a muscle-wasting disorder ​failed a late-stage study, the second major trial setback in...

Holtec Targets $10.2B US IPO Valuation as Fall Window Opens
Holtec Targets $10.2B US IPO Valuation as Fall Window Opens

Holtec is targeting a valuation of up to $10.2 billion in its U.S. initial public offering, ​the nuclear technology company said on Tuesday, as...

London Shares Inch Lower; Oil Rally Fuels Inflation Concerns
London Shares Inch Lower; Oil Rally Fuels Inflation Concerns

London's benchmark FTSE 100 was little changed ​on Tuesday as oil prices hit multi-week highs and dampened risk appetite ‌in a week packed...

Yen Climbs to Seven-Month High on Hawkish BOJ Bets
Yen Climbs to Seven-Month High on Hawkish BOJ Bets

The Japanese yen ​climbed to a near seven-month high on Tuesday, as growing expectations of a Bank of Japan rate hike next ‌week sent bearish...

Oil Hits Multi-Week Highs After Houthi Saudi Attacks
Oil Hits Multi-Week Highs After Houthi Saudi Attacks

Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis ‌attacked Saudi energy facilities and Tehran threatened the United States...

China's Exports Surge on High-Tech, AI Demand
China's Exports Surge on High-Tech, AI Demand

China's export growth quickened last month, buoyed by strong overseas ​appetite for high-tech and AI-related products, providing vital support...

Canada's Retaliatory Tariffs Take Effect as US Talks Stall
Canada's Retaliatory Tariffs Take Effect as US Talks Stall

Canada's retaliatory tariffs on U.S. goods took effect ​just after midnight on Tuesday as Prime Minister Mark Carney increased economic...

UK Retailers Aim for 100K Youth Jobs Over Next 3 Years
UK Retailers Aim for 100K Youth Jobs Over Next 3 Years

British retailers said on Tuesday that they would seek to create 100,000 jobs for young people not ​in employment or education by the time of next...

Nvidia-Backed Firmus, OpenAI Ink Malaysia Data Center Deal
Nvidia-Backed Firmus, OpenAI Ink Malaysia Data Center Deal

Sept 8 (Reuters) - Australia's Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity ​from two...

September 7, 2026
Huawei, Xiaomi Launch Foldables Ahead of Apple Event
Huawei, Xiaomi Launch Foldables Ahead of Apple Event

Huawei and Xiaomi launched new flagship foldable smartphones on Monday, ‌stepping up competition in China's premium handset market...

Tech Explores Argentina's Patagonia for Mega Data Centers
Tech Explores Argentina's Patagonia for Mega Data Centers

Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the...

TotalEnergies Cuts Papua LNG Stake, Hands Control to Exxon
TotalEnergies Cuts Papua LNG Stake, Hands Control to Exxon

TotalEnergies is cutting its stake in ‌Papua LNG and handing operatorship to ExxonMobil, the companies said on Monday, as pressure mounts...

UK's JLR to Cut Nearly 10% of Workforce in Turnaround
UK's JLR to Cut Nearly 10% of Workforce in Turnaround

Britain's Jaguar Land Rover said on ‌Monday it would cut nearly 10% of its workforce through voluntary redundancies over the next two...

Stocks Dented by Inflation Risk, Oil, Geopolitics
Stocks Dented by Inflation Risk, Oil, Geopolitics

Rising oil prices, conflict in the Middle ​East and political uncertainty in Europe kept investors on edge on Monday, leaving stocks to drift lower...

France's EDF in Talks to Buy So Energy to Expand in UK
France's EDF in Talks to Buy So Energy to Expand in UK

French state-owned electric utility EDF is ​in talks to acquire electricity supplier So ‌Energy, which is majority owned by Irish company ESB,...

Gold Eases as Strong US Jobs Data Boosts Fed Rate-Hike Bets
Gold Eases as Strong US Jobs Data Boosts Fed Rate-Hike Bets

Gold eased on Monday ‌after Friday's robust U.S. jobs report bolstered expectations for a Federal Reserve interest rate hike this month,...

French Wine Output among Lowest in 30 Years after Heatwaves
French Wine Output among Lowest in 30 Years after Heatwaves

France is likely to produce one ‌of the lowest amounts of wine in the last three decades, with champagne output set to halve this year, after...

Sterling Steadies on USD After Healey Speech, Tumbles on Yen
Sterling Steadies on USD After Healey Speech, Tumbles on Yen

The pound strengthened versus the dollar, held steady on the euro and dropped sharply against the Japanese yen on Monday, with British finance...

Audi Debuts New Compact EV in Bid to Boost European Sales
Audi Debuts New Compact EV in Bid to Boost European Sales

Premium German car brand Audi on Monday introduced a ‌new compact electric vehicle to boost its presence at the smaller end of the European...

Novo Nordisk: Semaglutide Cuts Child Obesity in Trial
Novo Nordisk: Semaglutide Cuts Child Obesity in Trial

Novo Nordisk said ​on Monday that in a late-stage trial, 40.4% ‌of children aged 6 to under 12 treated with semaglutide, the active...

German Industrial Output Falls Unexpectedly in July
German Industrial Output Falls Unexpectedly in July

German industrial production ​fell unexpectedly in July, dragged down by a sharp drop in car manufacturing, and economists do not expect the...

Taiwan's Wistron Launches $1.5B GDS Sale to Buy Materials
Taiwan's Wistron Launches $1.5B GDS Sale to Buy Materials

Nvidia supplier Wistron Corp ​has launched an offering of 25 million global depositary ‌shares, worth up to $1.48 billion, to fund...

Asian Paints Names Former JPM Exec Puri as Next Chairman
Asian Paints Names Former JPM Exec Puri as Next Chairman

India's Asian Paints on Monday named Leo ​Puri as its chairman-designate, effective January ‌23, 2027, after appointing him to its...

Rupee Ends Flat, Hemmed in by RBI Iintervention, Oil Pangs
Rupee Ends Flat, Hemmed in by RBI Iintervention, Oil Pangs

The Indian rupee traded in a narrow range on Monday, wedged between sustained market intervention by the ​Reserve Bank of India and a rise in oil...

London Stocks Flat as Oil, Rate-Hike Bets Weigh
London Stocks Flat as Oil, Rate-Hike Bets Weigh

London's benchmark FTSE 100 slipped as rising oil ​prices and prospects of an interest rate hike by the U.S. Federal ‌Reserve weighed on...

Australia's Santos Buys Extra 3.3% Stake in Papua LNG
Australia's Santos Buys Extra 3.3% Stake in Papua LNG

Sept 7 (Reuters) - Australia's Santos said on Monday it had acquired ​an additional 3.3% stake in the Papua ‌LNG project from...

Dollar Barely Gets Lift from Boost in Fed Hike Expectations
Dollar Barely Gets Lift from Boost in Fed Hike Expectations

The dollar wobbled on Monday despite a ​ramp-up in U.S. rate-hike bets, as tension in the Middle East heightened inflation risks...

UK House Prices Fall for First Time Since Nov 2023: Lloyds
UK House Prices Fall for First Time Since Nov 2023: Lloyds

British house prices recorded their first annual fall in nearly three years in August as ​some buyers have held back on purchases due to higher...

Oil Extends Gains on US and Iran Exchange Attacks on Ships
Oil Extends Gains on US and Iran Exchange Attacks on Ships

Oil prices ‌rose more than $1 a barrel on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz...

China's Export Growth Seen Accelerating in August: Poll
China's Export Growth Seen Accelerating in August: Poll

China's exports likely grew at a faster pace in August, ​a Reuters poll showed, indicating that the world's second-largest economy will...

Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets
Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets

Wall Street dipped ​on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest...

China Pauses Battery Storage Project Approvals, Cailianshe
China Pauses Battery Storage Project Approvals, Cailianshe

China, the world's largest manufacturer of batteries for energy storage, has temporarily suspended approvals ​for new factories, Chinese...

OPEC+ Keeps Oil Output Policy Unchanged for October
OPEC+ Keeps Oil Output Policy Unchanged for October

OPEC+ kept its oil output policy unchanged for ‌October at a meeting on Sunday, it said in a statement, as the producer group needs to agree...

Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack
Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack

Liquid Network, a Bitcoin-based payments and settlement ​network, said on Sunday ‌that about $320 million was withdrawn from its federation...

September 4, 2026
London Mid-Caps Set for Weekly Loss on Bond Jitters
London Mid-Caps Set for Weekly Loss on Bond Jitters

London's mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns over soaring government debt and...

Airbus Reaches Deal With Spanish Unions After Strikes
Airbus Reaches Deal With Spanish Unions After Strikes

Airbus has reached a preliminary deal with four unions in Spain, the company and Industry ​Minister Jordi Hereu said on Friday, representing a...

Milei Targets Israeli Investors in Falklands Oil Project
Milei Targets Israeli Investors in Falklands Oil Project

Argentine President Javier Milei's ​push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put...

India's NSE Eyes Sept IPO Listing After Clearance
India's NSE Eyes Sept IPO Listing After Clearance

India's National Stock ‌Exchange is targeting a listing in the week starting September 21, three sources familiar with the matter said,...

ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say
ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say

ByteDance has secured ​a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the...

Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics
Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics

The pound held steady on Friday, ahead ​of monthly U.S. employment data that could be key in setting the pace for the dollar ‌over the coming...

Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds
Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds

World shares pushed higher ahead of U.S. jobs data on Friday, while bond markets got some much-needed relief after a top Federal ​Reserve...


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