Economic news

The British pound ticked lower against the dollar on Monday, easing from a four-week rally and as investors braced for a wave of U.S....

China has opened applications for an 800 billion yuan ($119 billion) policy-based financing tool for local government projects to shore up slowing...

Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70% below its private-market peak four...

The U.S. ​dollar hovered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back ‌more long-dated...

Global stocks slipped on Monday and oil prices ​eased as investors awaited details of threatened U.S. sanctions on Iran, while...

China's Alibaba shares slumped ​in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount to fund its...

Gold prices hit their highest in ​more than three months on Monday as a subdued dollar lent ‌support, while focus shifted to key U.S....

Oil major Shell has drawn interest from potential bidders, including ExxonMobil and LyondellBasell, ​for its U.S. chemical assets that...

Southeast Asia's budget carriers are hoping the worst of the Middle ​East-driven fuel shock is behind them but face a difficult second half as...

Indian shares were little changed in early trade on Monday, extending the cautious undertone seen over the ​last two weeks, ahead of details about...

European shares advanced on Friday, as investors focused on signs of economic resilience, though the benchmark index ended ‌the week lower,...

Volkswagen CEO Oliver Blume warned on ‌Friday that the car sector's problems would only intensify in the coming years, arguing deep cost...

CCSH Corporation, the parent of Chinese flash-memory chipmaker Yangtze Memory Technologies Co, has taken a major step towards ‌a Shanghai...

Canada's retail sales rose 0.6% in June, beating an average analyst expectation of ​0.4%, as sales jumped at clothing and general merchandise...

Money markets are bracing for an increasingly hawkish European Central Bank, wagering that geopolitical tensions will complicate ​its inflation...

India's foreign exchange reserves climbed to $716.9 billion, their highest levels in about six months as ​of the week to August 14, data...

Gold was set to rise ​for a third consecutive week on Friday, scaling an over three-month high and breaching its ‌200-day moving average,...

China will revise measures for managing outbound investment to better ​protect investors' rights and assets and fend ‌off risks overseas,...

Ross Stores' shares surged nearly 9% in premarket trading on Friday, after the value retailer raised annual guidance and projected...

The British pound was on track for its fourth consecutive ‌weekly gain on Friday, helped by a feeble dollar and recent economic momentum that...

  The FTSE 100 was set to end a bumpy week on a subdued note, as investors weighed mixed economic data on Friday against a backdrop of...

India's ICICI Bank said on ​Friday its board approved doubling ‌the limit for overseas borrowings to $5 billion, as the country's...

 Britain's government recorded an unexpected budget deficit last month, a reminder of the financial constraints facing new finance...

Britain's services sector, the engine of its economy, perked up unexpectedly this month, according to a survey on Friday that added to signs of...

Oil prices ‌edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to...

The dollar slipped on Friday ​and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's ‌efforts to calm...

British retail sales fell back as expected in July after a surge in June when hot weather boosted demand for fans and air conditioners and...

Japan's core consumer inflation accelerated ​in July from a year earlier as firms passed on rising import costs from a weak yen ‌and the...

Indian appliances maker Atomberg Technologies has filed for an initial public offering comprising a fresh issue ​of shares worth up to 4.5 billion...

China's Ping An Insurance reported a better-than-expected rise of 36% year-on-year in first-half net profit, as ‌buoyant capital...

Most Asian share indices were heading for weekly falls on Friday as stress in global bond markets showed little sign of abating, while diplomatic...

India's private sector activity edged slightly higher in August from an over four-year low as a rebound in services ​growth offset the weakest...

Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing ​litigation over alleged harms linked to its...

Canada ‌and the United States are "very close" to agreeing a trade deal that could help reduce months of tariffs and...

Walmart on Thursday reported its slowest quarterly comparable sales growth in six years ​and warned shoppers were likely being squeezed by...

European shares inched lower on Thursday, as elevated oil prices kept inflation worries alive, while a recovery in global bonds after a U.S....

Deere, the world's largest farm equipment manufacturer, raised its full-year ‌net income forecast on Thursday and posted its first rise in...

Chinese exports of rare earth yttrium to the U.S. rose in July, Chinese customs data showed on Thursday, possibly giving ​some reprieve to U.S....

The ​U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars...

Britain's statistics office said on Thursday that the economy grew slightly faster in 2023 and 2024 than previously thought, making ​economic...

Even if artificial intelligence boosts productivity, it may not lower inflation, the International Monetary Fund's new chief...

A gauge of British factory orders rose this month to reach its highest level since November ​2024, adding to wider signs of resilience in ‌the...