Economic news

Alphabet's first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending ​strains one of...

Harley-Davidson reported lower second-quarter profit and revenue but raised its annual forecast on Thursday, as the ​legacy motorbike maker...

Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm's mid-June...

European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial...

Britain's FTSE 100 was little changed on Thursday as weakness in precious metal miners offset gains in energy shares after ​higher oil prices,...

July 23 (Reuters) - Shares of Dr Reddy's Laboratories fell as much as 6.9% on Thursday after many brokerages cut their earnings forecasts...

British manufacturing orders continued to deteriorate in July at the joint-fastest ​rate since September 2020, during the ‌COVID-19 pandemic,...

Gold retreated on Thursday, as the intensifying Middle East ‌conflict drove up oil prices and supported investor concerns that inflationary...

The ​dollar edged lower against the euro ahead of the European Central Bank's policy meeting on Thursday and reached a fresh ‌40-year high...

Chipmaker CXMT's high-profile debut next week will mark a major milestone for China's state-led funding model, highlighting how government...

French business confidence ​rose to a four-month high in July despite a new flare-up ‌in the U.S.-Israeli war on Iran and record heatwaves at...

Indian multiplex operator PVR INOX on Thursday posted a first-quarter profit, helped by strong demand for films across ​languages, higher...

Asian wealthy families and fund managers are increasingly moving beyond sponsorships and charity-linked sporting events to invest directly in...

The euro rose towards a one-week high on Thursday ahead of a European Central Bank policy decision, with ‌officials expected to keep...

Malaysian and Hong Kong securities regulators signed a memorandum of understanding on Thursday aimed ​at facilitating dual initial public offering...

Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in ​the...

The Bank of Japan will raise its interest rate again by end-December and possibly as soon as October, according to a majority of economists in a...

South Korea's economy ‌grew faster than expectations in the second quarter, driven by a semiconductor export boom that offset a decline in...

Australian employment surged past all ​expectations in June, data showed on Thursday, in a sign of economic resilience that had markets...

U.S. hyperscalers are starting to show returns on their artificial intelligence investments, but the rising cost of the ​buildout is taking a bite...

Elevator maker Otis Worldwide on Wednesday cut its annual adjusted profit forecast on the back of increased costs, especially tied ​to labor,...

Porsche's supervisory board gave its blessing to the next round of restructuring measures on Wednesday, a company spokesperson said, ​with...

India's Eternal expects its grocery delivery unit Blinkit's profitability to hit the higher end of its previous forecast ​range, the...

Samsung Electronics on Wednesday ​unveiled a passport-sized foldable phone and raised prices of two updated foldable models, ‌as it grapples...

U.S. warehousing giant ​Prologis on Wednesday made what it called its best and final proposal to buy British ‌rival Segro for about...

Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares...

The Indian rupee fell to a two-month low on Wednesday as oil prices climbed on mounting ​fears of supply disruptions through key Middle East...

London's FTSE 100 edged up on Wednesday, supported by gains in precious metal ​miners and energy shares, while investors monitored escalating...

Early indicators of hiring demand are showing signs of improvement, Randstad executives said on Wednesday, suggesting ​a labour-market downturn...

British inflation cooled by more than expected last month as a brief de-escalation in the Iran ‌war reduced fuel prices, but the...

Indonesia's central bank kept policy rates ​unchanged on Wednesday, defying market expectations of another rate hike following back-to-back...

India's edible oil imports are set to climb between July and October as slower soybean and rapeseed crushing erodes domestic supplies, ahead of...

Spain's Santander ‌on Wednesday reaffirmed its mid-term and 2026 goals after second-quarter net profit rose due to a solid...

China's fiscal revenue rose 4.7% in the first half of 2026 from a year earlier, ​the finance ministry said on Wednesday, an acceleration from...

Chinese ​optical parts maker Zhongji Innolight is seeking to raise up to HK$55.05 billion ($7 billion) in a Hong Kong listing, in what would...

Indonesia's central bank kept policy rates unchanged on ​Wednesday, defying market expectations of ‌another rate hike following...

Dulux paint ​maker Akzo Nobel reported 5% organic growth in second-quarter core ‌profit on Wednesday, beating market expectations as...

Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after U.S. forces struck...

Stocks made lumpy gains on ​Wednesday as the boost from a strong Wall Street session was capped by caution ahead of earnings reports from Big...

Private equity firms seeking to buy European insurers must show they ​can support policyholders for the long term rather than pursuing a quick...

The yen was pinned near an almost four-decade low on Wednesday as rising oil prices and U.S. Treasury ​yields hoisted the dollar and left traders...

Gold rose to a two-week high ‌on Wednesday on technical buying as investors assessed the widening Middle East conflict and awaited the U.S....