Economic news

South Africa's rand firmed against a weaker dollar on Friday, helped by higher gold prices as concerns over the United States' fiscal...

Britain's FTSE 100 was flat on Friday, despite momentarily scaling to an all-time intraday high, as defence stocks weighed ahead of crucial...

Taiwan's economy is expected to grow faster in 2025 than previously forecast due to strong tech demand but will likely slow next year, the...

Hong Kong's economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments...

Sterling rose against a weakening dollar on Friday and was set to end the week higher after upbeat economic data and a hawkish rate cut...

Air Canada expects to cancel the majority of its estimated 700 daily flights on Friday, ahead of a planned Saturday strike by unionized flight...

Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after hotter-than-expected U.S. inflation data...

Shares in Danish jewellery maker Pandora plummeted on Friday after the company flagged weakening sales in its key European markets, only...

Global stocks traded near record highs on Friday as investors awaited key talks between Donald Trump and Vladimir Putin over Ukraine in...

Oil prices fell on Friday as concerning economic data from the U.S. and China, the world's two largest oil users, increased worries about fuel...

Finnish utility Fortum on Friday posted a bigger than expected drop in second-quarter profit amid a decline in electricity generation from its...

Shein's British business made 2.05 billion pounds ($2.77 billion) in sales in 2024, a 32.3% increase from the previous year, a filing by the...

Thailand's economic growth likely slowed in the second quarter as weak household consumption offset gains from strong exports, according to a...

Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed and taxes lowered by Diwali, the Hindu...

Bond traders in China are facing their toughest conditions in at least a decade, as low interest rates and meagre price swings push fund managers...

Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after...

China's factory output growth slumped to an eight-month low in July, while retail sales slowed sharply, raising pressure on policymakers to...

China's new home prices fell again in July, dropping 0.3% on month, but declines eased slightly in major cities as more local governments...

China's industrial output grew 5.7% year-on-year in July, slowing from the 6.8% rise in June and missing forecasts, while retail sales also...

Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first...

Toyota plans to introduce three fully-electric models in South Africa in 2026, a senior executive said on Thursday, entering a nascent EV...

The South African rand weakened on Thursday after a bigger-than-expected increase in U.S. producer prices reduced the odds of a super-sized...

Valentino CEO Jacopo Venturini has stepped down, the Italian luxury house said on Thursday, leaving the Mayhoola- and Kering-backed business...

The Indian rupee declined on Thursday with traders treading lightly ahead of the Trump-Putin summit, although S&P’s upgrade offered a...

Birkenstock beat third-quarter profit expectations on Thursday on strong demand for its clogs and shoes at full price, and said it was well...

Chinese e-commerce giant JD.com beat market estimates for quarterly revenue on Thursday, signaling resilient consumer spending on its platform...

The U.S. dollar snapped a two-day losing streak on Thursday as data showed U.S. producer prices increased more than expected in July amid a surge...

Ulta will wrap up its mini-store partnership in Target stores after the current contract ends in August 2026, the companies said on...

The number of Americans filing new applications for jobless benefits fell last week amid low layoffs, but a reluctance by businesses to boost...

The number of Americans filing new applications for jobless benefits fell last week amid low layoffs, but a reluctance by businesses to boost...

Major data center developer and operator Equinix has entered into several advanced nuclear electricity deals, including power purchase...

Foxconn on Thursday forecast a significant rise in third-quarter revenue as the world's biggest iPhone maker said it had for the first time...

Gold prices edged down on Thursday due to a slight uptick in the U.S. dollar index, although expectations of a Federal Reserve interest rate cut in...

Carlsberg missed half-year profit and volume forecasts on Thursday and warned it did not expect the consumer environment to improve in the...

Norway's central bank kept its policy interest rate on hold at 4.25% on Thursday, as unanimously predicted by analysts in a Reuters poll, and...

The pound rose to a fresh three-week high against the dollar on Thursday even as the greenback advanced against other major currencies, after UK...

British goods exports to the United States fell to their lowest level in more than three years in June, according to official data published on...

Switzerland's gold industry on Thursday voiced scepticism about a proposal by the boss of watchmaker Swatch to introduce a levy on gold...

Euro zone industrial output dipped more than expected in June even as overall economic growth held up in the second quarter, challenging views that...

Shares of JSW Cement debuted 4% higher on Thursday valuing the firm at $2.38 billion as investors looked past broader market jitters to back...

South Korea will extend operating hours for transaction settlement systems at the central bank and the securities depository starting April 2026,...

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from...