Economic news


UK Public Inflation Expectations Ease Further in July:Survey

UK Public Inflation Expectations Ease Further in July:Survey

The British public's expectations for future inflation continued to fall in July, ​according to a survey from U.S. bank Citi ‌and pollsters YouGov that could help to reduce worries at the Bank of England about price pressures in the economy. Expectations for inflation ​in five or mo...


July 29, 2026
FTSE 100 Touches Fresh Record on Oil Lift; Eyes on Fed, BoE
FTSE 100 Touches Fresh Record on Oil Lift; Eyes on Fed, BoE

London's ‌FTSE 100 touched an intraday record high on Wednesday, driven by a surge in oil stocks following renewed conflict in the...

Oil Jumps 7% on Escalating Middle East Airstrikes
Oil Jumps 7% on Escalating Middle East Airstrikes

Oil prices climbed 7% on Wednesday as airstrikes ‌resumed in the Middle East, adding to worries about dwindling supply as U.S. government...

S. Korea to Cap Investment in Single-Stock Leveraged ETFs
S. Korea to Cap Investment in Single-Stock Leveraged ETFs

South Korea will introduce additional curbs on single-stock leveraged ​exchange-traded funds (ETFs), including a cap that could limit ‌an...

Hyperscaler Debt Binge Pushes Yields Up as Demand Cools
Hyperscaler Debt Binge Pushes Yields Up as Demand Cools

Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher...

Record S. Korea Stock Rout Deepens as SK Hynix Misses
Record S. Korea Stock Rout Deepens as SK Hynix Misses

South Korean stocks plunged for a second straight session on Wednesday as Asia's ​once-blazing AI rally morphed into a brutal market reckoning,...

India Says Oil Spike May Strain Fiscal, Current Accounts
India Says Oil Spike May Strain Fiscal, Current Accounts

Sustained high crude oil prices could pressure India's fiscal ​deficit and current account balance again, ‌a finance ministry report said...

Gold Ticks Higher as Markets Brace for Fed Decision
Gold Ticks Higher as Markets Brace for Fed Decision

Gold ​prices edged up on Wednesday, supported by some technical buying, as investors ‌hunkered down ahead of the Federal Reserve's...

Stocks Muted Ahead of Fed Decision and Tech Earnings
Stocks Muted Ahead of Fed Decision and Tech Earnings

Global shares struggled to push higher on Wednesday as modest gains ​in the U.S. did little to soothe investors spooked by a punishing selloff in...

Rupee Firms, Volatility Rises Ahead of Fed Decision
Rupee Firms, Volatility Rises Ahead of Fed Decision

The Indian rupee strengthened to a near three-week peak on Wednesday, supported by a rally in local ​stocks and traders trimming bearish positions...

StanChart Lifts Income Target as Wealth Boom Powers Profits
StanChart Lifts Income Target as Wealth Boom Powers Profits

Standard Chartered's push for fee income powered a forecast-beating first-half profit, with the bank lifting its full-year ‌income...

Colgate-Palmolive India Quarterly Profit Rises on Oral Care
Colgate-Palmolive India Quarterly Profit Rises on Oral Care

Colgate-Palmolive India reported a rise in quarterly profit on Wednesday, helped by healthy ​demand in its core oral care product...

Shared Beds, Tight Budgets: China Youth Feel Economic Pinch
Shared Beds, Tight Budgets: China Youth Feel Economic Pinch

Chinese sales agent Winnie Zeng has taken an unusual step to protect herself from an uncertain future: she now shares her rented bed with a...

HK Home Prices Rise for 13th Month in June as Pace Slows
HK Home Prices Rise for 13th Month in June as Pace Slows

Private home prices in Hong Kong rose for the ​13th consecutive month in June but ‌the rate slowed to 0.3%, data from the Rating and Valuation...

China Sets Overnight Reverse Repo Rate Steady at 1.25%
China Sets Overnight Reverse Repo Rate Steady at 1.25%

China's central bank conducted an overnight reverse repo operation on Wednesday by setting the borrowing ​cost at 1.25%, unchanged from the...

July 28, 2026
US Goods Trade Deficit Narrows, Still Set to Weigh on Q2 GDP
US Goods Trade Deficit Narrows, Still Set to Weigh on Q2 GDP

The U.S. trade deficit in goods narrowed in June amid a broad decline in imports, but the improvement was probably insufficient to prevent trade...

Gold Falls as Dollar Hovers Near 1-Month Peak; Fed in Focus
Gold Falls as Dollar Hovers Near 1-Month Peak; Fed in Focus

Gold fell on Tuesday, weighed down by a firm dollar that hovered near ‌a one-month high, while investors awaited this week's U.S. Federal...

US Consumer Confidence Eases in July
US Consumer Confidence Eases in July

U.S. consumer confidence ebbed in ​July and households' perceptions ‌of the labor market remained generally weak, a ​survey showed on...

Sterling Slips as Oil Slides, US Rate Hike Bets Grow
Sterling Slips as Oil Slides, US Rate Hike Bets Grow

Sterling fell to a more than three-week low against ‌a stronger dollar on Tuesday as lower oil prices eased inflation concerns, while...

Air Liquide Reaffirms Margin Targets as Backlog Mounts
Air Liquide Reaffirms Margin Targets as Backlog Mounts

French industrial gases group ​Air Liquide reaffirmed its margin targets on Tuesday after reporting first-half operating earnings broadly...

French Broadcaster Canal+ Signs over $1 Billion Cinema Deal
French Broadcaster Canal+ Signs over $1 Billion Cinema Deal

French broadcaster Canal+ said on Monday it has signed a five-year agreement to invest €980 million ($1.11 billion) ​in French and...

Rupee Holds 2-Week High as Oil Drops and Interventions Help
Rupee Holds 2-Week High as Oil Drops and Interventions Help

The Indian rupee strengthened on Tuesday to close at its strongest level in two weeks as a sharp ​retreat in oil prices and likely central bank...

Germany Likely Shows Resilience in Q2, Bundesbank Says
Germany Likely Shows Resilience in Q2, Bundesbank Says

The German economy likely grew modestly in the second quarter, despite headwinds from the war in the Middle East, as its vast industrial ​sector...

LVMH Fails to Reassure on Luxury Recovery, Shares Fall
LVMH Fails to Reassure on Luxury Recovery, Shares Fall

Shares in LVMH slipped 1.5% on Tuesday after the French ‌luxury giant's second-quarter results failed to reassure investors...

UK's FTSE Climbs as Consumer Earnings Offset Sector Drag
UK's FTSE Climbs as Consumer Earnings Offset Sector Drag

London's main FTSE indexes edged higher on Tuesday, supported by earnings-driven gains in consumer-focused stocks, including ​Unilever and Man...

UK's Burnham Sets Youth Training Plan as AI Reshapes Jobs
UK's Burnham Sets Youth Training Plan as AI Reshapes Jobs

Britain's new Prime Minister Andy Burnham on Tuesday outlined plans ‌to align technical education and training for young people...

Dollar Hovers near 4-Week Peak as Markets Mull Fed Hike Odds
Dollar Hovers near 4-Week Peak as Markets Mull Fed Hike Odds

The U.S. dollar steadied near a four-week ​high on Tuesday as traders assessed the possibility of a Federal Reserve interest rate hike this week,...

Frasers' Bid for Hugo Boss Turns Unconditional after EU Nod
Frasers' Bid for Hugo Boss Turns Unconditional after EU Nod

British retailer Frasers said on Tuesday that its takeover offer ​for German fashion house Hugo ‌Boss had become unconditional after...

Spain's Q2 Jobless Rate Drops to 9.87%, 18-Year Low
Spain's Q2 Jobless Rate Drops to 9.87%, 18-Year Low

Spain's unemployment rate fell back below 10% in the second quarter of 2026, reaching its lowest ​level since 2008 even as the ​labour force...

Oil Hits One-Week Low as Pause in Attacks Fuels Deal Hopes
Oil Hits One-Week Low as Pause in Attacks Fuels Deal Hopes

Oil prices extended losses on Tuesday, hitting their lowest levels in ‌more than a week as hopes for a resolution to the U.S.-Iran conflict...

Unilever India Profit Falls as High Costs Squeeze Margins
Unilever India Profit Falls as High Costs Squeeze Margins

Hindustan Unilever reported ​a 4% fall in quarterly profit on Tuesday as ‌higher raw material costs and expenses, partly linked to the...

J&J Reaches Sweeping Deal to End Decade of Talc Suits
J&J Reaches Sweeping Deal to End Decade of Talc Suits

Johnson & Johnson ​said on Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder...

Google Rivals Line Up Seeking Damages after Record $1B Fine
Google Rivals Line Up Seeking Damages after Record $1B Fine

A decades-long crackdown on Google's business practices in Europe is entering a costly new phase, as the loss of the first case brought...

AI Anxiety Sparks Tech Rout, Broad Selloff in Asian Markets
AI Anxiety Sparks Tech Rout, Broad Selloff in Asian Markets

Chip stocks tanked across Asia on Tuesday, rattled by the threat of Chinese competition and worries about who's paying for the AI boom, ​while...

India Growth to Slow as Investment, Oil Shock Weigh: Poll
India Growth to Slow as Investment, Oil Shock Weigh: Poll

India's economic growth is ​expected to slow sharply this fiscal year from last year's robust expansion and recover only modestly the...

Wall Street Ends Mixed as Investors Focus on Tech Earnings
Wall Street Ends Mixed as Investors Focus on Tech Earnings

Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for ​quarterly earnings, while also...

Irish Consumer Sentiment Slips in July Amid Cost Concerns
Irish Consumer Sentiment Slips in July Amid Cost Concerns

Irish consumer sentiment fell slightly in July ​on concerns about the ‌cost of living, a survey showed on Tuesday. The Credit Union...

UK Shop Prices Rise by Least since December, BRC says
UK Shop Prices Rise by Least since December, BRC says

Average prices at British retailers rose by an annual 0.9% this month, the ​smallest increase since December 2025, as the ‌men's soccer...

South Korea May Cap Leveraged ETF Retail Investments
South Korea May Cap Leveraged ETF Retail Investments

South ​Korea's top financial regulator said on Tuesday ‌that authorities would consider a cap on single-stock leveraged exchange-traded...

July 27, 2026
Apollo Global to Invest $1.5 Billion in Keppel Oil Rig Fund
Apollo Global to Invest $1.5 Billion in Keppel Oil Rig Fund

Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that ​will hold six operational oil...

Porsche to Cut 1 in 5 Jobs by 2035 Amid China, EV Slump
Porsche to Cut 1 in 5 Jobs by 2035 Amid China, EV Slump

German luxury carmaker Porsche will cut around one in five jobs by 2035, ​with 9,000 positions to be axed in total, as parent Volkswagen and...

Nvidia in Talks to Guarantee $250B OpenAI Data Center Deal
Nvidia in Talks to Guarantee $250B OpenAI Data Center Deal

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, the Wall...

Italy Machine Tool Sector Urges Tougher EU China Rules
Italy Machine Tool Sector Urges Tougher EU China Rules

The European Union must bolster trade defence measures against aggressive competition from Chinese ‌machine tool manufacturers or risk a...


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