Economic news


Dollar Ticks Up on Iran Tensions, with US Data in Focus

Dollar Ticks Up on Iran Tensions, with US Data in Focus

The U.S. dollar ticked higher on Wednesday, ​underpinned by renewed Gulf tensions, with markets focused on upcoming U.S. economic data for signals on the Fed's policy ‌trajectory. Oil prices edged up after the United States and Yemen's Iran-aligned Houthis reported separate...


August 12, 2026
India's Inflation Hits 4.45%; RBI Rate Outlook Unchanged
India's Inflation Hits 4.45%; RBI Rate Outlook Unchanged

India's retail inflation accelerated in July, led by higher ​food prices, to a pace that is still unlikely to push the central bank to...

Global Stocks Hold Gains after in-Line US CPI
Global Stocks Hold Gains after in-Line US CPI

Global stocks held on to gains on Wednesday after U.S. inflation data came ​in as expected, while oil prices edged higher after a senior Iranian...

Hong Kong Tax-Cut Reform Excludes Prop Traders
Hong Kong Tax-Cut Reform Excludes Prop Traders

The Hong Kong government said on Wednesday that tax benefits for fund managers and family ​offices proposed in a bill being considered by the...

FTSE 100 Subdued Ahead of US CPI; Balfour Beatty Soars
FTSE 100 Subdued Ahead of US CPI; Balfour Beatty Soars

London's FTSE 100 was largely flat on Wednesday, as investors remained on the sidelines ahead of U.S. inflation data, while midcap stocks...

Bank of America Pledges $250B for US Infrastructure
Bank of America Pledges $250B for US Infrastructure

Bank of America said on Wednesday it plans ‌to deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects, a...

Norway Wealth Fund Posts Record $184B H1 2026 Profit
Norway Wealth Fund Posts Record $184B H1 2026 Profit

Norway's $2.3 trillion ‌sovereign wealth fund, the world's largest, posted a record profit of 1.75 trillion Norwegian crowns ($184.3...

Oil Rises after Attacks on Ships in Hormuz, Bab el-Mandeb
Oil Rises after Attacks on Ships in Hormuz, Bab el-Mandeb

Oil prices rose on ‌Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies, while industry data...

ABN Amro Lifts Annual Outlook on Higher Central Bank Rates
ABN Amro Lifts Annual Outlook on Higher Central Bank Rates

ABN Amro lifted the guidance for its commercial net interest income after beating quarterly expectations on Wednesday, joining other major Benelux...

Nigeria's EV Ambitions Clash with Weak Power Supply
Nigeria's EV Ambitions Clash with Weak Power Supply

Nigeria approved tax waivers for nearly 4,000 electric vehicles in the first ​half of this year, government data showed, as authorities push to...

Oil and Gold Rise on Geopolitical Risks Ahead of CPI
Oil and Gold Rise on Geopolitical Risks Ahead of CPI

Oil and gold prices climbed on Wednesday as geopolitical tensions ratcheted up ahead of key U.S. inflation data. The...

Japan Fund Managers Chase Retail Cash as JGB Yields Surge
Japan Fund Managers Chase Retail Cash as JGB Yields Surge

After years of paying investors almost nothing, Japanese government bonds are suddenly ​worth owning again, and domestic asset managers are...

Wall Street Ends Down as US-Iran Peace Optimism Fades
Wall Street Ends Down as US-Iran Peace Optimism Fades

Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential ​deal to bring...

Australia Sets Minimum Pay, Insurance Rules for Gig Workers
Australia Sets Minimum Pay, Insurance Rules for Gig Workers

Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the...

Canada, US Hold Trade Talks as Tariff Deadline Nears
Canada, US Hold Trade Talks as Tariff Deadline Nears

Canada's minister in charge of U.S. trade relations, Dominic ​LeBlanc, met with U.S. trade officials on Tuesday for ‌the third time in as...

US Treasury Yields Seen Lower, but Conviction Wavers
US Treasury Yields Seen Lower, but Conviction Wavers

U.S. Treasury yields will decline over the coming year, said bond strategists in a Reuters poll who clung to expectations that markets will...

August 11, 2026
US Fuel Exports to Cuba Spur Chaotic Black Market
US Fuel Exports to Cuba Spur Chaotic Black Market

Gasoline at $38 a gallon sold from cramped apartments. Diesel hawked on Instagram by a celebrity model to a reggaeton soundtrack. Six decades after...

Bumble Eases Women-First Rule to Boost Engagement
Bumble Eases Women-First Rule to Boost Engagement

Bumble on Tuesday said it would now allow either person in a match to send ​the first message, dropping the women-first messaging ‌rule...

Boeing Jet Deliveries Drop 17% in July
Boeing Jet Deliveries Drop 17% in July

Boeing said Tuesday that it delivered 53 jets in July, five more than a ​year earlier, but a sharp drop from ‌the 64 jets it handed over...

Disney Wins Global Streaming Rights for Formula E Races
Disney Wins Global Streaming Rights for Formula E Races

Disney said on Tuesday it had signed a multi-year deal to stream all-electric Formula E ​races globally across 144 territories on Disney+,...

River AI Raises $1.1 Billion to Expand Custom AI Tools
River AI Raises $1.1 Billion to Expand Custom AI Tools

Startup River AI, founded by xAI co-founder Igor Babuschkin, said on Tuesday it ​has raised $1.1 billion, looking to expand tools ‌that help...

Nvidia, Wall St Giants Eye $500B for AI Buildout
Nvidia, Wall St Giants Eye $500B for AI Buildout

Nvidia said on Monday it has partnered with six ​major financial institutions to launch compute financing platforms aimed at ‌raising...

Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes
Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes

Oil prices rose more than 2% on Tuesday to their highest in more than a week ‌as ongoing disruption to Middle East energy flows and fading...

US Small Business Sentiment Hits 11-Month High in July
US Small Business Sentiment Hits 11-Month High in July

U.S. ​small-business sentiment increased to an 11-month high in July amid a surge in the share ‌of owners reporting plans to boost hiring,...

US-Iran Standoff Sends Oil Up, Dents Stocks
US-Iran Standoff Sends Oil Up, Dents Stocks

Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal ​and the reopening of the Strait of Hormuz hit an...

Yen Slips as Intervention Fades; Aussie Steady After RBA
Yen Slips as Intervention Fades; Aussie Steady After RBA

The yen hovered close to the key 160-per-dollar ‌level on Tuesday, as the impact of U.S.-Japan intervention continued to fade, while the...

Taiwan, South Korea Drive Asian Outflows on AI Worries
Taiwan, South Korea Drive Asian Outflows on AI Worries

Foreign investors sold Asian equities on a net basis for a ninth consecutive month in July, with heavy ​selling in Taiwan and South Korea as...

RBA Holds Rates, Warns Further Hike 'Quite Possible'
RBA Holds Rates, Warns Further Hike 'Quite Possible'

Australia's central bank ​held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as...

Samsung SDI to Buy Out GM's Stake in Battery Joint Venture
Samsung SDI to Buy Out GM's Stake in Battery Joint Venture

South Korean battery maker Samsung SDI said on Tuesday it will end its joint ​venture agreement with General Motors in Indiana and...

Wall Street Ends Down as Expectations of Hormuz Deal Fade
Wall Street Ends Down as Expectations of Hormuz Deal Fade

The Nasdaq and S&P 500 closed lower on Monday, with declines in Intel and other chipmakers, as ​investors became less confident about a deal to...

Archer to Buy Boeing's Wisk, 2 Units for 20% Equity Stake
Archer to Buy Boeing's Wisk, 2 Units for 20% Equity Stake

Archer Aviation said on Monday it would acquire Boeing's electric aircraft firm Wisk ​Aero and two other units, in a deal that will give...

Embraer Shares Surge on Record Q2 Revenue, Raised Guidance
Embraer Shares Surge on Record Q2 Revenue, Raised Guidance

Brazilian planemaker Embraer reported record second-quarter revenue of 11.34 billion reais ($2.23 billion) ​on Monday, up 10% from a year...

August 10, 2026
FTSE 100 Eases as Imperial Brands Drops on Job Cut Report
FTSE 100 Eases as Imperial Brands Drops on Job Cut Report

London's stock indexes eased on Monday, taking a breather after last week's ‌gains, with shares of Imperial Brands dropping on a...

Crypto Bill Faces Long Odds after Senate Punts Vote to Sept
Crypto Bill Faces Long Odds after Senate Punts Vote to Sept

The chances that the U.S. crypto industry will win once-in-a-generation digital asset legislation are dimming, despite Senate Republicans promising...

Vodafone Idea Narrows Quarterly Loss on Higher ARPU
Vodafone Idea Narrows Quarterly Loss on Higher ARPU

Vodafone Idea, India's third-largest telecom operator, reported a narrower first-quarter loss on Monday, driven by higher average revenue per...

UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say
UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say

Britain's labour market showed tentative signs of stabilisation in July, when Andy Burnham ​became prime minister, as recruiters stopped...

Shein Sticks to China as Vietnam Warehouse Venture Fails
Shein Sticks to China as Vietnam Warehouse Venture Fails

Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21...

GameStop Weighing Withdrawal of eBay Bid, Bloomberg News
GameStop Weighing Withdrawal of eBay Bid, Bloomberg News

GameStop CEO Ryan Cohen is considering withdrawing the videogame retailer's $56 billion bid for eBay and may instead pursue a...

Bristol Myers to Build $2.3B Manufacturing Site in Houston
Bristol Myers to Build $2.3B Manufacturing Site in Houston

Drugmaker Bristol Myers Squibb on Monday said it will spend about $2.3 billion to build a new manufacturing facility ​in Houston, Texas, part...

Meta Launches New AI Model as Zuckerberg Backs Open-Weight
Meta Launches New AI Model as Zuckerberg Backs Open-Weight

Meta Platforms CEO Mark Zuckerberg called for lower U.S. barriers for open-source AI to better compete with Chinese rivals as the social media...

Zee's Quarterly Profit Drops on Weak Ads, High Costs
Zee's Quarterly Profit Drops on Weak Ads, High Costs

India's Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and ​higher...

Beyonce Buys out LVMH's Stake in SirDavis Whisky
Beyonce Buys out LVMH's Stake in SirDavis Whisky

American pop star Beyonce has ​acquired full control ‌of the SirDavis whisky brand after French ​luxury goods group ​LVMH sold its stake...

Sterling Little Changed near over Three-Week High
Sterling Little Changed near over Three-Week High

The British pound was little changed against both ‌the dollar and euro on Monday as markets awaited growth data later in the week and updates...


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