Economic news


Gold Tops $4,500, Silver and Platinum Hit Records in Metal Markets Frenzy

Gold Tops $4,500, Silver and Platinum Hit Records in Metal Markets Frenzy

Gold surged past $4,500-an-ounce for the first time on Wednesday, while silver and platinum also hit record highs, as investors piled into precious metals to hedge against geopolitical and trade risks, and on expectations of further U.S. rate cuts in 2026. Spot gold was steady at $4,481.90 p...


December 24, 2025
Oil Rises for Sixth Session on US Data, Geopolitical Tension
Oil Rises for Sixth Session on US Data, Geopolitical Tension

Oil prices rose slightly for a sixth day on Wednesday, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela...

Japan Plans $189B new Debt Issuance in next Year's Budget, Draft Shows
Japan Plans $189B new Debt Issuance in next Year's Budget, Draft Shows

Japan plans to issue new government bonds worth around $189 billion to fund a record-size budget for next fiscal year, a draft reviewed by Reuters...

BOJ Debated Need to Keep Raising Rates, Oct Meeting Minutes Show
BOJ Debated Need to Keep Raising Rates, Oct Meeting Minutes Show

Bank of Japan policymakers debated the need to continue raising interest rates to levels deemed neutral to the economy with some arguing doing so...

December 23, 2025
Alphabet to Buy Clean Energy Developer Intersect in $4.75B Deal amid AI Push
Alphabet to Buy Clean Energy Developer Intersect in $4.75B Deal amid AI Push

Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend...

Robust Consumer Spending Boosts US Q3 Economic Growth
Robust Consumer Spending Boosts US Q3 Economic Growth

The U.S. economy grew at its fastest pace in two years in the third quarter, fueled by robust consumer spending, though momentum appears to have...

USD Falters as Markets Focus on Fed Easing over Growth Data
USD Falters as Markets Focus on Fed Easing over Growth Data

The U.S. dollar fell on Tuesday in a holiday-shortened week, weighed down by expectations of more rate cuts next year, though it trimmed losses...

Nestle Sells Remaining 40% Herta Stake to Casa Tarradellas, Ending Joint Venture
Nestle Sells Remaining 40% Herta Stake to Casa Tarradellas, Ending Joint Venture

Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa...

US Consumer Confidence Deteriorates in December
US Consumer Confidence Deteriorates in December

U.S. consumer confidence deteriorated in December amid deepening anxiety over jobs and income, consistent with economists' expectations for a...

US Manufacturing Production Unchanged in November
US Manufacturing Production Unchanged in November

S. factory production was unchanged in November after declining in October as motor vehicle output fell following the expiration of tax credits for...

US Core Capital Goods Orders, Shipments Increase in October
US Core Capital Goods Orders, Shipments Increase in October

New orders for key U.S.-manufactured capital goods increased in October and shipments of these goods rose solidly, suggesting business spending on...

China's LandSpace Completes 'Tutoring' Process ahead of Shanghai IPO
China's LandSpace Completes 'Tutoring' Process ahead of Shanghai IPO

China's leading private rocket firm LandSpace has completed the so-called "tutoring" process for a potential initial public offering,...

UK Softens Stance on Farm Tax after Months of Protests
UK Softens Stance on Farm Tax after Months of Protests

Britain's government said on Tuesday it would scale back its plan to raise more tax from farmers, following months of protests since the...

RBI Unveils Measures to Infuse $32B of Liquidity into Banking System
RBI Unveils Measures to Infuse $32B of Liquidity into Banking System

The Reserve Bank of India will infuse about $32 billion worth of rupee liquidity into the banking system over the next month via open market bond...

Oil Steadies as Market Weighs Geopolitical Risks against Bearish Fundamentals
Oil Steadies as Market Weighs Geopolitical Risks against Bearish Fundamentals

Oil prices were little changed on Tuesday as potential sales of Venezuelan crude seized by the United States were countered by heightened supply...

Visa, Mastercard Report 4% Growth in US Holiday Retail Sales
Visa, Mastercard Report 4% Growth in US Holiday Retail Sales

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade...

Gold Extends Record Run while Silver Joins Rally to new High
Gold Extends Record Run while Silver Joins Rally to new High

Gold touched a record high on Tuesday, just shy of breaching the $4,500 per-ounce threshold, as a weaker dollar and persistent geopolitical...

Rupee Ends Flat, Wedged between Importer Dollar Demand and Firmer Asia FX
Rupee Ends Flat, Wedged between Importer Dollar Demand and Firmer Asia FX

The rupee ended flat on Tuesday, hemmed in by persistent dollar demand from local corporates and the non-deliverable forwards market, which...

New Car Sales in Europe Rise for Fifth Month Helped by EVs
New Car Sales in Europe Rise for Fifth Month Helped by EVs

New car sales in Europe rose year-on-year in November for a fifth consecutive month, helped by an increase in EV registrations in markets including...

Taiwan Nov Export Orders Log Fastest Growth in nearly 5 yrs on Robust AI Demand
Taiwan Nov Export Orders Log Fastest Growth in nearly 5 yrs on Robust AI Demand

Taiwan's export orders in November grew at their fastest pace in nearly five years, riding the wave of ongoing demand for AI technology heading...

HTC Bets its Open AI Strategy to Drive Smartglasses Sales
HTC Bets its Open AI Strategy to Drive Smartglasses Sales

Taiwan’s HTC is betting its open platform strategy will allow it to build market share in the fast-growing smartglasses industry, as its...

Global Investors Turn to Chinese AI as Wall St Rears Bubble
Global Investors Turn to Chinese AI as Wall St Rears Bubble

Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking to diversify,...

Wall Street Advances with Broad Gains, Tech Gains Continue
Wall Street Advances with Broad Gains, Tech Gains Continue

U.S. stocks closed higher to kick off the holiday-shortened trading week on Monday, buoyed partly by a continued rebound by technology stocks in a...

Stocks, Precious Metals Rise; Yen on Intervention Watch
Stocks, Precious Metals Rise; Yen on Intervention Watch

Asia shares rose alongside precious metals on Tuesday as momentum buying from investors extended ahead of the festive holidays, with an advanced...

Bank of Korea Needs to Remain Wary of Financial Stability Risks, Board Member
Bank of Korea Needs to Remain Wary of Financial Stability Risks, Board Member

South Korea's central bank needs to remain wary of financial stability risks, such as heightened volatility in the won currency and upward...

Mexico Antitrust Commission to Revise Volaris-Viva Aerobus Tie-Up
Mexico Antitrust Commission to Revise Volaris-Viva Aerobus Tie-Up

Mexico's antitrust commission will revise a planned tie-up between low-cost airlines Viva Aerobus and Volaris, the country's President...

US Economic Growth Likely Remained Strong in Q3
US Economic Growth Likely Remained Strong in Q3

The U.S. economy likely grew at a brisk clip in the third quarter, driven by solid consumer spending and business investment, but momentum appears...

December 22, 2025
Coinbase Doubles Down on Prediction Markets with Deal for The Clearing Company
Coinbase Doubles Down on Prediction Markets with Deal for The Clearing Company

Dec 22 (Reuters) - Coinbase said on Monday it will buy prediction markets startup The Clearing Company, as the crypto exchange looks to expand...

Struggling Coty Names P&G Veteran, Interim CEO in Leadership Shake Up
Struggling Coty Names P&G Veteran, Interim CEO in Leadership Shake Up

Coty  on Monday named Procter & Gamble veteran Markus Strobel as chairman and interim CEO, handing him the reins from outgoing...

Instacart Ends AI-Driven Price Experiments after Criticism
Instacart Ends AI-Driven Price Experiments after Criticism

Instacart is ending price tests that resulted in different shoppers being shown different prices for groceries, the online retail platform said on...

Netflix Refinances Part of $59B Bridge Loan Tied to Warner Bros Deal
Netflix Refinances Part of $59B Bridge Loan Tied to Warner Bros Deal

Netflix has refinanced a part of its $59 billion bridge loan to support its potential acquisition of Warner Bros Discovery's film, TV...

Indian Cenbank Net Sold $11.88B in Oct to Arrest Rupee's Fall, Bulletin Shows
Indian Cenbank Net Sold $11.88B in Oct to Arrest Rupee's Fall, Bulletin Shows

The Reserve Bank of India sold a net $11.88 billion in the foreign exchange market in October, data released on Monday showed, reflecting the...

European Investment Banks Fail to Capitalise on Trump Tariff Turmoil
European Investment Banks Fail to Capitalise on Trump Tariff Turmoil

Wall Street banks strengthened their lead in European investment banking in 2025, as clients stayed loyal despite global market turmoil and...

Uber, Lyft Partner with Baidu for UK Robotaxi Trials next Year
Uber, Lyft Partner with Baidu for UK Robotaxi Trials next Year

Uber and Lyft said on Monday they were teaming up with Chinese tech giant Baidu to launch driverless taxi trials in the UK next...

Sterling Keeps Rising after BoE Raised Bar on Rate Cuts
Sterling Keeps Rising after BoE Raised Bar on Rate Cuts

The pound rose on Monday, building on gains made last week after the Bank of England delivered a widely expected rate cut, but suggested that the...

London Stocks Dip as GDP Data Confirms Slow Growth ahead of Holidays
London Stocks Dip as GDP Data Confirms Slow Growth ahead of Holidays

UK stocks edged lower on Monday after three straight days of gains at the start of a holiday-shortened week, as the latest data confirmed...

INR Snaps Winning Streak as Corporate, NDF USD Bids Erode Gains
INR Snaps Winning Streak as Corporate, NDF USD Bids Erode Gains

The Indian rupee fell on Monday, snapping a three-session winning streak as dollar demand from local firms and the non-deliverable forwards market...

LNG Tanker Kunpeng Loads Cargo from Russian Plant under Sanctions
LNG Tanker Kunpeng Loads Cargo from Russian Plant under Sanctions

A liquefied natural gas tanker has loaded a cargo from Russia's Portovaya LNG plant that is under Western sanctions over Moscow's war in...

Europe Tips Lower, Yen Friendless as Bonds Buckle
Europe Tips Lower, Yen Friendless as Bonds Buckle

World shares rose broadly while European markets opened lower on Monday diverging from tech-driven gains on Wall Street, while the yen floundered...

European Shares Slip as Investors Navigate Holiday-Shortened Week
European Shares Slip as Investors Navigate Holiday-Shortened Week

European shares traded slightly lower on Monday as technology and commodity stocks offset declines elsewhere, while investors opened a...

Yen Slides as Cautious BOJ Stance Dares Traders to Test Tokyo's Patience
Yen Slides as Cautious BOJ Stance Dares Traders to Test Tokyo's Patience

The yen languished near record lows against the euro and Swiss franc on Monday as the lack of hawkish signals from the Bank of...

Oil Rises as US Ramps Up Action Against Venezuela Tankers
Oil Rises as US Ramps Up Action Against Venezuela Tankers

Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising...

UK Consumers Feel Pinch from Tax Increases, Economy Slows
UK Consumers Feel Pinch from Tax Increases, Economy Slows

British households saved less in the July-to-September period of this year as they felt the hit from higher taxes but still increased their...


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