Economic news


Partners Group Client Demand Beats Views after June Turmoil

Partners Group Client Demand Beats Views after June Turmoil

Swiss asset manager Partners Group ​beat expectations on new client demand on Wednesday, shoring up investor confidence in the private equity industry ‌weeks after it capped withdrawals from an open-ended fund and sent its shares plunging. The company posted inflows of $16 billion ...


July 15, 2026
J&J Medtech Miss Overshadows Earnings Beat
J&J Medtech Miss Overshadows Earnings Beat

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second-quarter, even as strong ‌sales of...

Busiest US Container Port Sets Cargo Record in June
Busiest US Container Port Sets Cargo Record in June

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it ​set a June cargo record as shippers ranging from ‌retailers...

BlackRock Assets Hit Record $15Tn on Markets, ETF Inflows
BlackRock Assets Hit Record $15Tn on Markets, ETF Inflows

BlackRock's second-quarter profit outpaced Wall Street estimates on Wednesday as a ‌stock market rally lifted the value of client...

Apple Intelligence Registered with China's Regulator
Apple Intelligence Registered with China's Regulator

China's cyberspace regulator said on Wednesday ‌that Apple's on-device generative AI service, Apple Intelligence, has been registered...

ICICI Pru Life Rises as Profit, new Business Margin Grow
ICICI Pru Life Rises as Profit, new Business Margin Grow

India's ICICI Prudential Life Insurance posted a 27.8% rise in first-quarter profit on Wednesday, ​helped by strong growth in new business...

PNC Posts Record Revenue on Market Windfall, FirstBank Buy
PNC Posts Record Revenue on Market Windfall, FirstBank Buy

U.S. bank PNC Financial reported record quarterly revenue on Wednesday, boosted by robust capital markets activity and its acquisition of...

UK's FTSE 100 Slips on Middle East Tensions, Miners Drag
UK's FTSE 100 Slips on Middle East Tensions, Miners Drag

London's FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East, while losses in precious...

Sterling Steadies near One-Year High Against Euro
Sterling Steadies near One-Year High Against Euro

The British pound steadied against ​the dollar and held near its strongest level in over a year ‌versus the euro on Wednesday, supported by...

SpaceX Slide Risks Turning Blockbuster IPO into Market Test
SpaceX Slide Risks Turning Blockbuster IPO into Market Test

SpaceX's slip close to its initial public offering price risks turning a marquee stock-market debut into a ​confidence test, potentially...

Rupee Flat as Oil, Merchant Bids Offset Modest Inflows
Rupee Flat as Oil, Merchant Bids Offset Modest Inflows

The Indian rupee on Wednesday hovered around its over one-month low before ending nearly flat, wedged between modest ​portfolio inflows and dollar...

Gold Falls as Mideast Risks cloud Rate, Inflation Outlook
Gold Falls as Mideast Risks cloud Rate, Inflation Outlook

  Gold prices slipped ​on Wednesday as escalating tensions in the Middle East continued ‌to stoke inflation concerns, reinforcing...

Spain's Final 12-mth EU-Harmonised Inflation at 3.6% in June
Spain's Final 12-mth EU-Harmonised Inflation at 3.6% in June

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% ​in June, unchanged from ‌the period through May, final data...

China Q2 GDP Growth Cools to 3-1/2-Year Low as Gaps Widen
China Q2 GDP Growth Cools to 3-1/2-Year Low as Gaps Widen

China's economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption ​clouding strong...

Japan Manufacturers Stay Upbeat on Chip Demand, Services Hit by Costs
Japan Manufacturers Stay Upbeat on Chip Demand, Services Hit by Costs

Japanese manufacturers' ​sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence ‌among...

Cartier-Owner Richemont Sales Lift on Jewellery Boom
Cartier-Owner Richemont Sales Lift on Jewellery Boom

Cartier brand owner ‌Richemont reported better-than-expected results for its first quarter on Wednesday, helped by booming demand for its...

Oil Prices Rise as Hostilities Worsen in the Middle East
Oil Prices Rise as Hostilities Worsen in the Middle East

Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on...

China New Home Prices Fall Slower, but Recovery Doubtful
China New Home Prices Fall Slower, but Recovery Doubtful

China's new home prices contracted ‌at a slower pace in June, but the modest improvement is unlikely to result in a broad recovery as...

Stocks Gain as US Inflation Cools; ASML Tops Forecast
Stocks Gain as US Inflation Cools; ASML Tops Forecast

SINGAPORE, July 15 (Reuters) - Stocks rose and bonds steadied on Wednesday after a surprise slowdown in U.S. inflation scaled back expectations for...

Dollar Struggles after Softer Inflation Blunts Fed Hike Bets
Dollar Struggles after Softer Inflation Blunts Fed Hike Bets

The dollar drooped on Wednesday after tumbling from a ​two-week high, as softer-than-expected inflation data curbed bets on a near-term Federal...

S&P 500, Nasdaq Rise on Cool Inflation, Bank Beats
S&P 500, Nasdaq Rise on Cool Inflation, Bank Beats

The S&P 500 and ​the Nasdaq advanced on Tuesday as solid big bank results and a cooler-than-expected inflation report boosted risk appetite...

China Q2 Growth Likely to Slow; Stimulus to Stay Calibrated
China Q2 Growth Likely to Slow; Stimulus to Stay Calibrated

China's economy likely cooled in the ​second quarter, with growth drifting toward the lower end of Beijing's annual target as an entrenched...

SK Hynix Surges 13% on AI Hopes as US Tech Stocks Climb
SK Hynix Surges 13% on AI Hopes as US Tech Stocks Climb

Shares in SK Hynix jumped nearly 13% in Seoul ​on Wednesday, tracking gains in U.S. tech stocks after softer-than-expected U.S. inflation...

US Consumer Inflation Moderates, but Mideast Risks Remain
US Consumer Inflation Moderates, but Mideast Risks Remain

U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial...

July 14, 2026
Citi Results Beat Wall St Views on Banking, Trading
Citi Results Beat Wall St Views on Banking, Trading

Citigroup (C.N), opens new tab beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a...

BP Sees Q2 Energy Price Boost but Flags $1B Impairment
BP Sees Q2 Energy Price Boost but Flags $1B Impairment

BP expects stronger oil and gas prices, robust oil trading and higher refining margins to lift ‌second-quarter earnings, the British...

South African Rand Gains as US Inflation Weighs on Dollar
South African Rand Gains as US Inflation Weighs on Dollar

The South African rand gained on Tuesday against ​a weaker dollar after U.S. consumer ‌inflation slowed more than expected in June, ruling out...

Most Gulf Bourses Retreat on US-Iran Hostilities
Most Gulf Bourses Retreat on US-Iran Hostilities

Most Gulf equity markets closed lower on Tuesday after Washington reinstated its naval blockade against Iran and both nations intensified attacks...

Pound Marches Higher as Investors Focus on UK Politics
Pound Marches Higher as Investors Focus on UK Politics

The pound rose against the dollar on Tuesday as investors took profits after the U.S. currency's recent climb to more than one-year highs ahead...

India to Ban Forced Labour Imports amid US Probe
India to Ban Forced Labour Imports amid US Probe

India has prohibited the ​import of goods produced using forced ‌labour, the trade ministry said on Tuesday, in a move that could help avert...

London's FTSE Indexes Ease as Iran Conflict Rattles Markets
London's FTSE Indexes Ease as Iran Conflict Rattles Markets

FTSE 100 down 0.3%, FTSE 250 ​down 0.7% BP gains on stronger trading, refining margin outlook Investors await ‌U.S. inflation data, Warsh...

India Draws nearly $10B via RBI Drive to Support Rupee
India Draws nearly $10B via RBI Drive to Support Rupee

India ​has attracted roughly $10 billion in inflows through the Reserve Bank of India's special deposit programme for overseas Indians, two...

US Small-Business Sentiment Up in June Despite Inflation
US Small-Business Sentiment Up in June Despite Inflation

U.S. small-business sentiment increased in June, but the share of owners reporting that inflation ​was their "single most important"...

Inside South Korea's World-Beating Bear Market
Inside South Korea's World-Beating Bear Market

When South Korean President Lee Jae Myung set a 5,000-point target for the KOSPI last year, it looked wildly ambitious and needed a market that was...

German Retailers Warn of Worse Business as Costs Rise
German Retailers Warn of Worse Business as Costs Rise

German retailers are facing worsening business conditions as rising energy, labour and ​purchasing costs squeeze profits while sales remain...

CXMT Sets July 27 for Asia's Biggest IPO of 2026, Sources
CXMT Sets July 27 for Asia's Biggest IPO of 2026, Sources

China's ChangXin Memory Technologies (CXMT) is scheduled to list on July ​27 on the Shanghai Stock Exchange, two people familiar with the...

Samsung Explores Potential US Listing via ADRs, Reports
Samsung Explores Potential US Listing via ADRs, Reports

Samsung Electronics Co. is in ​the early stages of exploring a ‌potential offering of American Depositary Receipts (ADRs), Bloomberg News...

Gold Rises from Two-Week Low ahead of US Inflation Data
Gold Rises from Two-Week Low ahead of US Inflation Data

Gold rose on Tuesday after hitting a two-week ‌low earlier in the session, as markets awaited key U.S. inflation data, with escalating...

Oil Hits Four-Week High as US-Iran Conflict Escalates
Oil Hits Four-Week High as US-Iran Conflict Escalates

Oil prices rose on ‌Tuesday to their highest in four weeks, as the U.S. reimposed a naval blockade of Iran and renewed attacks between...

China Tells Banks not to re-Discount Bills below 0.5%
China Tells Banks not to re-Discount Bills below 0.5%

Chinese regulators have issued guidance to some banks barring them from conducting bill re-discount ​operations at rates below 0.5%, sources said...

HCLTech Slides; Unchanged Outlook Signals Demand Uncertainty
HCLTech Slides; Unchanged Outlook Signals Demand Uncertainty

Shares of India's HCL Technologies fell as much as 3.2% on Tuesday after analysts said the ​IT services firm's decision to maintain...

Asian Stocks Dip as Oil Rises on Trump Hormuz Threat
Asian Stocks Dip as Oil Rises on Trump Hormuz Threat

Stocks yoyoed between gains and losses and ​oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the U.S. was...

Dollar Steady before US Inflation Data; Yen under Pressure
Dollar Steady before US Inflation Data; Yen under Pressure

The dollar steadied on Tuesday ahead of ​U.S. inflation data, with Middle East tensions lifting oil prices while the yen was calm amid caution over...


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