Economic news

China announced a major crackdown on cross-border investment on Friday and said it would punish ​brokers it accused of illegally moving money to...

Korea Post is seeking to invest funds it manages in ‌AI data centres and multi-family houses in Europe and North America, as its postal...

Gold edged lower on Friday and was headed for a second consecutive weekly drop, as elevated oil prices fuelled fears of inflation and boosted...

The war in the Middle East is squeezing two pillars of Indian employment, forcing Gulf-based workers home and crushing demand for the country's...

Investment bank JPMorgan said on ​Friday that Turkey's central ‌bank was likely to hike its key ​interest rate to ​40% and could even ⁠do...

Global stocks rose, the U.S. dollar hovered around its highest levels in over six weeks and oil prices edged up, as a ​great deal of uncertainty...

Indonesia booked a current account ‌deficit of $4 billion in the first quarter of 2026, equal to 1.09% of gross domestic ​product, Bank...

Indonesia booked a current account ‌deficit of $4 billion in the first quarter of 2026, equal to 1.09% of gross domestic ​product, Bank...

A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets ​as the energy shock...

Wall Street's three main indexes closed slightly higher after Thursday's choppy session as oil prices lost ground, with some officials...

HONG KONG/SINGAPORE, May 22 (Reuters) - Chinese clean energy firm PCG Power is planning an ​initial public offering in Hong Kong and could...

China's powerful state planner ​said on Friday the government has never required ‌Chinese technology companies to reject foreign...

Japan's annual core inflation slowed to a four-year low ​in April due to the effect of subsidies on fuel and education, data showed on Friday,...

Gold prices fell 1% on Thursday as climbing oil ‌prices heightened inflation worries, boosting bets for U.S. rate hikes and lifting Treasury...

France ​faces mounting public finance risks as budget-tightening lags and ‌debt remains high, the International Monetary Fund said on...

Kontoor Brands said on Thursday it had agreed to sell its Lee denim ​brand for up to $1 billion to Authentic Brands Group, ‌as the...

Walmart stuck to its conservative annual sales and profit targets on Thursday, as ​rising fuel costs drive value‑seeking shoppers to its...

Investors buying into SpaceX's nearly $2 trillion IPO are making a high-stakes wager that CEO Elon Musk can turn a fast-growing...

UK's blue-chip shares fell on Thursday, pressured by downbeat ‌data and worries that the Middle East conflict could remain...

The pay deal reached between Samsung Electronics and its union is being hailed as a win for ​the company which gained key concessions and...

The pound was steady against the dollar on Thursday as broader currency markets focused on developments in the Iran war, while traders ​digested...

Stellantis set out a new 60 billion euro ($70 billion) business plan on Thursday that includes 60 new car models ​by 2030 - from combustion...

WASHINGTON, May 21 (Reuters) - A group of six Democratic senators have expressed serious concerns about planned foreign ownership interests,...

Captain Chris Welch of Kennebunk, Maine, is catching fewer lobsters this spring because spiking diesel prices have made it too costly to take out...

Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in ​May as a war-driven surge in living costs...

FRANKFURT, May 21 (Reuters) - Inflation in Germany is trending upwards and economic growth will likely ​be flat during the second quarter,...

British factory orders contracted this month at the fastest rate since September 2020 and ​expectations for selling prices surged, according to...

The euro zone's combined current ​account surplus narrowed ‌sharply in March on a big drop in ​the trade surplus, ​likely caused by higher...

British companies are suffering their most widespread drop in activity in over a year due to the economic fallout from the Iran war and political...

Samsung Electronics' shares surged on Thursday after it clinched ‌an 11th-hour deal with its South Korean union to avert a strike,...

France's private sector economy contracted in May at its sharpest pace in five-and-a-half years, reflecting an accelerated ​decline in services...

Oil prices edged ​higher on Thursday, as investors monitored peace talks between the United States and Iran, while supply tightness and...

Gazprom shares continued their slide on Thursday, pressured by the previous day's announcement that ​it would not pay a dividend on...

Germany's private sector activity contracted for a second consecutive month in May as the Iran war put the brakes on the country's economic...

Asian stocks surged on Thursday as some vessels resumed passage through the Strait ​of Hormuz, while forecast-beating results at Nvidia and a...

The U.S. dollar hovered below a six-week peak on Thursday after pulling back on hopes that Washington was nearing a deal with Tehran ​to...

Wall Street's main indexes rallied more than 1% on Wednesday, bouncing back from a three-day selloff with ​a boost in sentiment from technology...

Australian employment unexpectedly fell in April while the jobless rate jumped to the highest level since ‌late 2021, a possible sign the...

Australia plans to introduce biofuel blending mandates to incentivise local production and increase its energy security, a government spokesperson...

Target raised its annual sales growth forecast ​for the first time in two years, but cautioned a tough macro environment ahead, as the...

The case for a European Central Bank rate hike in June is nearly sealed but the bank is likely to be noncommittal about any further move, looking...

Oil prices lost more than 2% on Wednesday ​after U.S. President Donald Trump again asserted that the Iran war will end...