Economic news


German Investor Morale Rises more than Expected in Dec, ZEW Finds

German Investor Morale Rises more than Expected in Dec, ZEW Finds

German investor morale rose more than expected in December, the ZEW economic research institute said on Tuesday, as expectations about Germany's economic situation improve. The index rose to 45.8 points in December. Analysts polled by Reuters had expected a reading of 38.7, up only sligh...


December 16, 2025
European Economies End Year Resilient but Sluggish
European Economies End Year Resilient but Sluggish

Europe's leading economies closed off a turbulent year on weak momentum, according to new data on Tuesday, which showed scant signs of an...

Sterling Rises after UK Economic Data, US Figures in Focus
Sterling Rises after UK Economic Data, US Figures in Focus

Sterling rose against the euro and the dollar on Tuesday after recent losses, as UK data left expectations for a Bank of England rate cut unchanged...

UK Businesses Breathe Sigh of Relief on Reeves' Budget, PMIs
UK Businesses Breathe Sigh of Relief on Reeves' Budget, PMIs

British businesses appear to be emerging from months of worry about tax increases in finance minister Rachel Reeves' budget in late November, a...

UK's FTSE 100 Falls as Oil, Defence Stocks Weigh; Domestic Unemployment Climbs
UK's FTSE 100 Falls as Oil, Defence Stocks Weigh; Domestic Unemployment Climbs

London's FTSE 100 slipped on Tuesday, weighed by losses in energy and defence stocks, while investors assessed fresh jobs data that reinforced...

TotalEnergies to Sell Stake in Malaysian Gas Block to Thailand's PTTEP
TotalEnergies to Sell Stake in Malaysian Gas Block to Thailand's PTTEP

TotalEnergies has agreed to sell an indirect stake of almost 10% in a Malaysian offshore gas block to Thailand’s state-backed PTTEP for...

UK Jobs Market Slows Further as BoE Considers Rate Cut
UK Jobs Market Slows Further as BoE Considers Rate Cut

Britain's unemployment rate hit its highest since the start of 2021 and private sector pay growth was the weakest in nearly five years in the...

Hong Kong Unemployment Holds Steady at 3.8% in Sept-Nov
Hong Kong Unemployment Holds Steady at 3.8% in Sept-Nov

Hong Kong's seasonally adjusted unemployment rate held steady at 3.8% in September to November, as compared to the preceding three-month...

Bank of Korea Board Members Wary of FX Risks, Preserving Policy Room, Minutes Show
Bank of Korea Board Members Wary of FX Risks, Preserving Policy Room, Minutes Show

Most Bank of Korea board members were worried about a weaker won fueling financial instability and price pressure as they kept interest rates...

French Private Sector Growth Slows to Crawl in Dec, Flash PMIs
French Private Sector Growth Slows to Crawl in Dec, Flash PMIs

French private sector business growth slowed to a near halt in December, according to a monthly survey from S&P Global, which said ongoing...

Luxury Goods Company Kering and Ardian Finalise New York Property Deal
Luxury Goods Company Kering and Ardian Finalise New York Property Deal

Gucci owner Kering and private equity firm Ardian said on Tuesday they had completed a joint venture agreement for a New York property deal...

Oil Slips on Russia-Ukraine Peace Deal Talks, Weak China Data
Oil Slips on Russia-Ukraine Peace Deal Talks, Weak China Data

Oil prices fell on Tuesday, adding to the previous session's losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen,...

UK Jobs Market Shows more Signs of Slowing, BoE Considers Rate Cut
UK Jobs Market Shows more Signs of Slowing, BoE Considers Rate Cut

Britain's jobs market showed further signs of weakening in the run-up to last month's budget announcement by finance minister Rachel...

Gold Edges Down, Investors Turn Cautious ahead of Year-End US Data
Gold Edges Down, Investors Turn Cautious ahead of Year-End US Data

Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which could provide cues for Federal...

Japan's MUFG Appoints Junichi Hanzawa as New President
Japan's MUFG Appoints Junichi Hanzawa as New President

Mitsubishi UFJ Financial Group, Japan's largest bank, has appointed Junichi Hanzawa as its new president, succeeding Hironori Kamezawa, who...

Payments Firm PayPal Files for Bank Charter in Lending Push
Payments Firm PayPal Files for Bank Charter in Lending Push

Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly...

Wall St Closes Lower as Investors Position for Busy Week of Data
Wall St Closes Lower as Investors Position for Busy Week of Data

Wall Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve...

Delayed US Employment Reports Expected to Show Softening Labor Market
Delayed US Employment Reports Expected to Show Softening Labor Market

U.S. job growth likely rebounded in November following an anticipated decline in nonfarm payrolls in October because of federal government...

Stocks Struggle before Jobs Data, Central Bank Meetings
Stocks Struggle before Jobs Data, Central Bank Meetings

Asian equities tumbled while the dollar drifted near two-month lows on Tuesday, as investors adopted a cautious approach ahead of a slate of...

India's HDFC Bank Subsidiaries Get Nod to Buy Up to 9.5% Stake in IndusInd Bank
India's HDFC Bank Subsidiaries Get Nod to Buy Up to 9.5% Stake in IndusInd Bank

India's central bank has approved HDFC Bank's subsidiaries to acquire up to a 9.5% stake in smaller peer IndusInd Bank, the...

Japan's Manufacturing Sector Contracts at Slower Pace in Dec, PMI
Japan's Manufacturing Sector Contracts at Slower Pace in Dec, PMI

Japan's manufacturing activity contracted at a slower pace while the service sector lost some steam in December, private-sector surveys showed,...

December 15, 2025
HSBC's $13.6B Buyout Proposal Wins Hang Seng Bank Board Committee's Nod
HSBC's $13.6B Buyout Proposal Wins Hang Seng Bank Board Committee's Nod

Hong Kong's Hang Seng Bank said on Monday an independent board committee found HSBC's $13.6 billion take-private offer to be fair...

Tesla Shares Jump, Musk Confirms Driverless Robotaxi Testing
Tesla Shares Jump, Musk Confirms Driverless Robotaxi Testing

Tesla shares hit their highest in nearly a year on Monday after CEO Elon Musk said the electric-vehicle maker was testing its robotaxis...

Canada's Annual Inflation in November Holds at 2.2%
Canada's Annual Inflation in November Holds at 2.2%

Canada's annual inflation rate was 2.2% in November, unchanged from the previous month, and driven primarily by food prices rising at their...

US Homebuilder Sentiment Inches Up to 8-mth High December
US Homebuilder Sentiment Inches Up to 8-mth High December

U.S. homebuilder sentiment edged up to an eight-month high in December, but activity remained constrained by rising construction costs because of...

Airbus Delivered about 30 Jets in 1st-Half December, Sources
Airbus Delivered about 30 Jets in 1st-Half December, Sources

Airbus has delivered around 30 aircraft in the first half of December, releasing jets at a below-average speed for the month as some airlines...

Gold Gains 1% on Safe-Haven Demand, Softer USD ahead of US Data
Gold Gains 1% on Safe-Haven Demand, Softer USD ahead of US Data

Gold climbed 1% on Monday to hover near a seven-week high, supported by a weaker dollar, expectations of interest rate cuts and safe-haven buying...

Pakistan Cuts Key Rate by 50 bps to 10.5% in Surprise Move
Pakistan Cuts Key Rate by 50 bps to 10.5% in Surprise Move

Pakistan's central bank cut its key interest rate by 50 basis points to 10.5% on Monday, breaking a four-meeting hold in a surprise move it...

Sanofi Flags 2nd Delay to FDA Decision on Multiple Sclerosis Drug, Shares Fall
Sanofi Flags 2nd Delay to FDA Decision on Multiple Sclerosis Drug, Shares Fall

French drugmaker Sanofi on Monday flagged another delay to a U.S. regulatory decision for its experimental multiple sclerosis drug and...

Sterling Holds Steady ahead of BoE Decision this Week
Sterling Holds Steady ahead of BoE Decision this Week

The pound held steady on Monday ahead of a string of UK data that could help cement expectations for a Bank of England rate cut later in the...

Tariff Reduction Helps Swiss Govt to Lift Growth Forecast
Tariff Reduction Helps Swiss Govt to Lift Growth Forecast

The Swiss government raised its 2026 economic growth forecast on Monday, saying an agreement to lower U.S. import tariffs on its products meant its...

Euro Zone Industry Growth Picks Up, Boosting Resilience Narrative
Euro Zone Industry Growth Picks Up, Boosting Resilience Narrative

Euro zone industrial output growth accelerated in October, bolstering views that the bloc is picking up momentum as trade uncertainty is...

Sri Lankan Economy Grew 5.4% in Third Quarter of 2025
Sri Lankan Economy Grew 5.4% in Third Quarter of 2025

Sri Lanka's economy grew 5.4% year-on-year in the third quarter of 2025, official data showed on Monday, signaling a sustained recovery...

DBS Appointed as Singapore's Second Renminbi Clearing Bank
DBS Appointed as Singapore's Second Renminbi Clearing Bank

DBS Bank was appointed as the second renminbi (RMB) clearing bank in Singapore, one of 27 agreements signed during an annual bilateral meeting...

Copper Prices Rise on Short Covering, Ignoring Weak China Data for Now
Copper Prices Rise on Short Covering, Ignoring Weak China Data for Now

Copper prices rose on Monday as some traders rolled forward positions ahead of a contract expiry this week, helping the market to set aside weak...

London Stocks Climb as Investors Bet on BoE Rate Cut
London Stocks Climb as Investors Bet on BoE Rate Cut

UK stocks edged higher on Monday, starting the week on a positive note, with markets having almost fully priced in an interest rate cut by the Bank...

Wild Currency Swings Put Emerging Markets in the Spotlight
Wild Currency Swings Put Emerging Markets in the Spotlight

Trading in the Hungarian forint, long a niche emerging market currency, has more than doubled since U.S. President Donald Trump took office in...

Korea Zinc to Build $7.4 bln Smelter in US
Korea Zinc to Build $7.4 bln Smelter in US

Korea Zinc said on Monday that it plans to build a smelter to produce key metals and minerals in the United States in a project that would...

European Stocks Recover; ECB Decision, US Data in Focus
European Stocks Recover; ECB Decision, US Data in Focus

European shares edged higher on Monday, kicking off a week packed with central bank decisions and delayed U.S. economic data on a positive note, as...

Shares Stabilise ahead of Big Cenbank Decisions, Key Data
Shares Stabilise ahead of Big Cenbank Decisions, Key Data

European shares moved higher on Monday as Wall Street futures pointed to a recovery from last week's sell-off, but investor caution capped...

Crypto Exchange Hashkey Raises $206M in Hong Kong IPO, Source
Crypto Exchange Hashkey Raises $206M in Hong Kong IPO, Source

HashKey Holdings, Hong Kong's largest licensed crypto exchange, is set to raise about HK$1.6 billion ($206 million) after pricing its Hong Kong...

Oil Rises, Venezuelan Supply Disruptions Outweigh Surplus Concerns
Oil Rises, Venezuelan Supply Disruptions Outweigh Surplus Concerns

Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply worries and the impact of a...

Bank of England Heads for Close Vote on Likely Rate Cut
Bank of England Heads for Close Vote on Likely Rate Cut

The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view...


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