Economic news

The United States and the European Union have yet to decide whether to continue ​suspending or to reimpose tariffs on $11.5 billion of...

BHP workers at Port Hedland in Western Australia voted in favour of strike action, two unions said on Thursday, risking disruptions to iron...

High mortgage rates will keep turnover in U.S. residential housing subdued this year and next with very modest price rises, according to property...

Oil prices were nearly flat on Thursday as investors ​weighed the impact of supply disruptions from the war in the Middle East after President...

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance ​the build-out of AI...

U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict ​drove up...

The number of Americans filing claims for unemployment benefits increased marginally last week, pointing to continued labor market resilience in...

Global alcohol consumption is set to drop over the next ‌decade, despite population growth and rising demand in India, which is set to become...

The Indian rupee dropped against the U.S. dollar on Thursday, almost wiping out gains from the ​central bank's measures to attract dollar...

Pakistan's annual economic survey projected real ​GDP growth at 3.7% for the fiscal ‌year ending June 2026, according to the report...

Asics' Onitsuka Tiger, famed for its yellow and black sneakers, is embarking on a global expansion to capitalise on booming demand for its...

London's FTSE 100 ​index edged up on Thursday, supported by a recovery in financials ‌stocks, but gains were restrained by simmering...

Europe's markets ​firmed on Thursday as reports of ongoing peace talks between the U.S. and Iran nudged oil prices down ‌ahead of what is...

Gold prices rose on Thursday, rebounding from a ‌six-month low, as investors covered their short positions, though concerns around higher...

The World Bank said on Thursday that Indonesia's economic growth was expected to slow to 5% in 2026 as it comes under increasing fiscal strain...

Ahead of Thailand's February general election, politicians often came to court voters like 69-year-old rice farmer Chaon Taiupok in Ayutthaya,...

Shares in Hugo Boss rose about 7% on Thursday after Britain’s Frasers Group launched a $2.3 billion ​takeover offer for the German...

China's crackdown on cross-border investments is set to weigh on the lucrative businesses of banks, insurers and wealth managers in Hong Kong...

The European Central Bank is all but certain to raise interest rates on ​Thursday in the hope of nipping higher inflation in the bud before a surge...

The U.S. dollar wobbled on Thursday as new U.S. strikes in the Middle East undermined sentiment, ​while a surge in May U.S....

The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines ‌and with renewed tensions...

Asian stocks turned lower on Thursday after a ​tentative early rise, dragged by a Wall Street selloff sparked by a hot U.S. inflation reading and...

U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East...

Uber Technologies sued New York City to block enforcement of a ‌new law that it said would unconstitutionally force it to keep drivers it...

The dollar held steady on Wednesday as markets remained on edge over the latest clash between ​the U.S. and Iran, while awaiting closely watched...

Gold slid to a more than ‌two-month low on Wednesday as fresh fighting in the Middle East dimmed hopes of a resolution to the U.S.-Israeli war...

ING launched a new subscription-based banking model for clients ‌in the Netherlands on Wednesday, in a move aimed at diversifying income...

Sterling was broadly steady against the dollar on Wednesday, with investors closely monitoring the latest flare-up between the U.S. and Iran that...

Wang Chuanfu, chairman of BYD , on Tuesday said he expected the Chinese firm to become the world's largest automaker within five years, as he...

Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war ​began, and the finance...

U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products,...

Leveraged stock investments by South Korean retail investors have reached their limits set at local ​brokerage firms as the country's...

China's domestic car demand has declined more sharply ​than expected at the ‌start of the year and will likely remain under heavy pressure...

UK's main FTSE indexes hovered near ​three-week lows on Wednesday as investors eyed a fragile ceasefire in the ‌Middle East, while mulling...

SK Hynix plans to list its shares in ‌the U.S. as soon as August, said two sources familiar with the matter, as the South Korean memory...

Copper edged lower on Wednesday, as volatility in the Middle East conflict and macroeconomic concerns overcame price support from ​potential U.S....

China's producer prices rose for a third straight month in May to the ​highest since July 2022, while consumer prices stayed elevated as global...

Liu, a Hangzhou-based contractor at a large Chinese internet firm, says her employer began quietly firing contractors in March after it ordered...

The fuel shock hitting U.S. airlines is doing more than squeezing margins — it is widening a product gap that may take years to close, as...

Asian stocks tumbled and oil prices rose as Iran and the U.S. engaged in ​their biggest exchange of hostilities since a ceasefire was agreed in...

SoftBank Group's talks with ​potential creditors to ‌raise at least $6 billion from a ​margin loan ​backed by its OpenAI ⁠stake have...

The ​S&P 500 and Nasdaq indexes fell on Tuesday as a rebound in technology shares faded and as President Donald Trump said the U.S. ‌must...