Economic news

Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of...

Global stocks headed for their strongest weekly gain since May on Friday, ahead of major ​U.S. jobs data, as investor optimism over robust earnings...

The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July,...

German energy company RWE said on Thursday that it had reached a $1.22 billion deal with the Trump administration to cancel three...

China's mainland tax authorities have begun ​levying taxes on insurance policy income earned offshore, according to four people with direct...

Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its...

Life Insurance Corporation of India reported a 23% increase in first-quarter profit on Thursday, helped by strong group business and margin...

China's Unitree has priced its Shanghai initial public ‌offering at 150.8 yuan ($22.34) per share, valuing the company at around 61...

China's mainland tax authorities have begun ​levying taxes on insurance policy income earned offshore, according to four people with direct...

Commerzbank has begun talks ​with UniCredit over a possible takeover by the Italian lender and is optimistic a deal can be agreed, the...

Gold climbed to a seven-week high on Thursday, extending ‌gains into a fourth session, as hopes surrounding the re-opening of the Strait of...

German industrial orders rose more than expected in June, but owed their jump to large-scale ‌orders and a downward revision of the previous...

Germany's Merck KGaA raised its 2026 core profit guidance and beat quarterly expectations on Thursday, helped by continued strong demand...

The UK's main stock indexes edged higher on Thursday, bucking the weakness in Asian markets, as strong earnings from companies, including...

Indian fashion retailer Trent posted a ​22% rise in quarterly profit on Thursday, as the expansion ‌of its Westside and Zudio chains...

The British pound was steady against both the ‌euro and the dollar on Thursday as investors awaited updates on a possible deal between Iran...

The downturn in Britain's construction industry eased in July as commercial building and housebuilding weakened less sharply and builders...

Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main...

China's state iron ore buyer has directed some steel mills to halt negotiations with Rio Tinto for shipments from September, two sources...

Currency markets drifted on Thursday with the Japanese yen retracing some intervention-led gains and the dollar pinned ​near a six-week low, as...

Oil prices rose on Thursday ‌as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via the...

DBS Group, Singapore's biggest bank, raised its full-year guidance after second-quarter net profit rose 9%, as it ‌leans on its wealth...

Asian shares reversed course on Thursday after the previous day's ​AI-fuelled rally, as fickle enthusiasm over AI spending turned cautious,...

A few years ago, when almost every bank research note seemed to focus on soaring U.S. tech stocks, veteran emerging market fund manager Carlos von...

EIJING, Aug 6 (Reuters) - China's export growth likely lost some steam last month after June's blistering surge, but remained robust, ​a...

Canadian oil and gas producer Gran Tierra Energy said on Wednesday ​it had agreed to sell ‌its Colombian and Ecuadorean oil operations to...

Shares in insurer Prudential fell as much as ‌13% on Wednesday after Caixin reported Chinese mainland tax authorities have started...

Singapore's United Overseas Bank is selling its asset management business to a unit of Germany's Allianz for S$555 ​million ($434...

Engine maker Cummins India reported a marginal rise in quarterly profit on Wednesday, as strong ​domestic demand across its power generation,...

Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this ​year, but a shift in business investment...

Indonesia's annual economic growth in the second ​quarter came in at its slowest in three as household and public spending eased, official data...

The AI boom was widely expected to favour the new companies building the models. Recent earnings suggest it ‌is some of Europe's biggest,...

London's FTSE 100 rose on ‌Wednesday, driven by strong results from Glencore and Next as well as growing expectations for a U.S.-Iran...

British new car registrations rose nearly 12% in July, marking their best performance since ​2019 as battery electric vehicle (BEV) sales reached...

LONDON, Aug 5 (Reuters) - Britain's dominant services sector returned to growth last month as new orders picked up, according to a survey by...

The Reserve Bank of India left its benchmark repo ‌rate INREPO=ECI unchanged at 5.25% on Wednesday, as policymakers await clearer evidence on...

Germany's service sector contracted only marginally in July as demand picked up slightly and new business rose for the first time in five...

India's foreign exchange reserves rose to a near three-month high of $692.9 billion as of July 31, data from ​the Reserve Bank of India showed...

The Indian rupee rose to its highest level in a month on ​Wednesday, buoyed by lower oil prices and a weaker ‌dollar, while forward premiums...

Gold rose for a third straight session on Wednesday, hitting a one-month ‌peak on a softer dollar and lower oil prices, while investors...

BENGALURU, Aug 5 (Reuters) - Growth in India's dominant services sector slumped to its weakest pace in over four years in ​July as demand was...

Asian stock markets jumped on Wednesday as robust earnings and renewed appetite for tech propelled Wall Street to record highs, ​while hopes for...