Economic news


Boeing's Wisk Sale Unlikely to Start New Divestment Round

Boeing's Wisk Sale Unlikely to Start New Divestment Round

Boeing's announcement this ​week that it is selling Wisk Aero is less a signal of a broader breakup than an ‌effort to shed a struggling, non-core air taxi business that had become a distraction from the aerospace giant's turnaround efforts, analysts said. Boeing CEO Kelly ...


August 14, 2026
US Business Inventories Unchanged in June
US Business Inventories Unchanged in June

U.S. business inventories were unchanged in June as an increase in stocks at wholesalers was offset by a ​decline at retailers, reflecting strong...

US Consumer Sentiment Deteriorates in August
US Consumer Sentiment Deteriorates in August

U.S. consumer sentiment slumped in early August amid worries about the ​rising cost of living because of the ‌conflict in the Middle East, a...

US Diversified Energy in Early Talks to Buy Birch Resources
US Diversified Energy in Early Talks to Buy Birch Resources

U.S.-based Diversified Energy said on Friday it is in early discussions to acquire privately held Birch Resources, ​as it looks to further...

China July Bank Loans Suffer Record Drop as Demand Fails
China July Bank Loans Suffer Record Drop as Demand Fails

China's new yuan loans posted a record contraction in July, missing forecasts as seasonal factors and weak household credit ‌demand...

FTSE 100 Set for First Weekly Drop in Five as Miners Retreat
FTSE 100 Set for First Weekly Drop in Five as Miners Retreat

London's FTSE 100 was on track for its first weekly setback in five on Friday, as miners retreated alongside a dip in copper prices, though...

Pound Eyes Weekly Rise After Better-Than-Expected GDP Data
Pound Eyes Weekly Rise After Better-Than-Expected GDP Data

Sterling was set for a weekly rise against both the dollar and the euro on Friday, helped by this ​week's better than expected GDP data as well...

Chinese Chipmaker SMIC Increases Prices on Strong AI Demand
Chinese Chipmaker SMIC Increases Prices on Strong AI Demand

China's top foundry, ​Semiconductor Manufacturing International Corp, said on Friday that AI-related demand would continue to underpin orders...

Tata Motors PV Shares Fall on Profit Plunge, Margin Warning
Tata Motors PV Shares Fall on Profit Plunge, Margin Warning

Shares of India's Tata Motors Passenger Vehicles fell as much as 6% on Friday ​after the automaker posted an 80% plunge in...

China's Unitree Powers Up for Stellar Shanghai Debut
China's Unitree Powers Up for Stellar Shanghai Debut

China's Unitree, the country's most high-profile humanoid robot maker, is widely expected ​to have an explosive stock market debut in...

Chinese Auto Sales Boom Globally, Slow Down at Home
Chinese Auto Sales Boom Globally, Slow Down at Home

China's car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-established automakers...

Gold Set for Weekly Loss as Inflation Rally Unwinds
Gold Set for Weekly Loss as Inflation Rally Unwinds

Gold prices slipped on Friday and were headed for ‌a weekly loss as investors locked in profits a day after bullion was propelled to its...

AI-Driven Bond Yield Surge Threatens Markets and Growth
AI-Driven Bond Yield Surge Threatens Markets and Growth

Market gauges of inflation-adjusted borrowing costs have shot to their highest in more than a decade across major economies as AI companies and...

Oil Rises after US Threatens Indefinite Blockade of Iran
Oil Rises after US Threatens Indefinite Blockade of Iran

Oil prices gained on Friday after the United States threatened an indefinite naval blockade of Iran, reviving ​concerns about supply of crude after...

BOJ Eyes September Rate Hike, Faster Tightening, Sources Say
BOJ Eyes September Rate Hike, Faster Tightening, Sources Say

The Bank of Japan is set to raise interest rates as soon as ‌September and is considering hiking more aggressively thereafter from the current...

Yen's Weekly Loss Puts more Intervention on Traders' Radar
Yen's Weekly Loss Puts more Intervention on Traders' Radar

The yen headed for its biggest weekly loss in about a month on Friday as the impact of U.S. and Japanese intervention faded, leaving traders to...

Rupee Drifts as RBI Keeps Tight Leash; Premiums Slip
Rupee Drifts as RBI Keeps Tight Leash; Premiums Slip

The Indian rupee drifted on Friday, on course for a weekly decline kept modest by the central bank's frequent dollar-selling ​interventions...

Asian Stocks Set for Weekly Gains as Fed Hike Bets Fade
Asian Stocks Set for Weekly Gains as Fed Hike Bets Fade

Asian stocks rose on Friday, poised for their strongest week in two months as benign inflation data dented expectations ​of an imminent...

Russia's Share of India Oil Imports Hits Record in July
Russia's Share of India Oil Imports Hits Record in July

Indian dependence on Russia's crude surged to a record in July, with shipments from the country making up 50.83% of imports by ​the...

S&P 500 Notches Record-High Close as Rate-Hike Worries Ease
S&P 500 Notches Record-High Close as Rate-Hike Worries Ease

The S&P 500 notched a record-high close on Thursday, fueled by advances in ​Sandisk and other heavyweight technology stocks, as tame producer...

US Producer Prices Unchanged in July, Further Dimming Rate Hike Odds
US Producer Prices Unchanged in July, Further Dimming Rate Hike Odds

U.S. producer prices were unchanged in July as goods prices fell and the cost of services increased marginally, bolstering financial market...

Argentina Monthly Inflation Rises in July to 2.1%
Argentina Monthly Inflation Rises in July to 2.1%

Argentina's monthly inflation rate ​was 2.1% in July, slightly ‌above the level recorded in June, while the 12-month figure also slightly...

August 13, 2026
FTSE 100 Falls to Two-Week Low as Antofagasta Cuts Outlook
FTSE 100 Falls to Two-Week Low as Antofagasta Cuts Outlook

London's FTSE 100 fell to a more than two-week low ‌on Thursday after Antofagasta's downbeat copper production forecast...

US Producer Prices Unchanged in July; Labor Market Stable
US Producer Prices Unchanged in July; Labor Market Stable

U.S. producer prices were unchanged in July as goods prices fell and the cost of services increased marginally, bolstering financial market...

Frasers Buys Harvey Nichols, Warns of Tough Turnaround
Frasers Buys Harvey Nichols, Warns of Tough Turnaround

British retail tycoon Mike Ashley's ‌Frasers bought Harvey Nichols out of administration on Thursday, helping keep the struggling...

Europe Inc Heads for Best Earnings Season in Years
Europe Inc Heads for Best Earnings Season in Years

Second-quarter profit expectations for Europe's blue-chip companies have risen for an eighth consecutive week, putting the region on track ​for...

Gold Pares Losses as Steady US PPI Signals Fed Rate Hold
Gold Pares Losses as Steady US PPI Signals Fed Rate Hold

Gold pared losses on Thursday after falling nearly 1% ‌earlier in the session, as the U.S. producer price data matched expectations and...

AI Boom is Starting to Show in UK Economy's Performance
AI Boom is Starting to Show in UK Economy's Performance

Britain's economy is showing the clearest signs yet that it is benefitting from the global artificial intelligence boom, with data on Thursday...

Jubilant Sees Popeyes as 2nd Engine Alongside Domino's
Jubilant Sees Popeyes as 2nd Engine Alongside Domino's

India's Jubilant ​FoodWorks said on Thursday its Popeyes fried chicken chain is emerging as a ‌second growth engine, while efforts to...

India's Goods Trade Deficit Hits 6-Month High on Import Rise
India's Goods Trade Deficit Hits 6-Month High on Import Rise

India's merchandise trade deficit widened more than expected to a six-month high ‌of $31.98 billion in July, as the Middle East war...

Pound Holds Ground as Sun and Soccer Boost UK Confidence
Pound Holds Ground as Sun and Soccer Boost UK Confidence

The pound held steady on Thursday and remained on track for a third weekly gain as burgeoning confidence in the ​UK economy was reinforced by data...

ECB Set to Deliver Final Rate Hike in Shortest Cycle Since 2011
ECB Set to Deliver Final Rate Hike in Shortest Cycle Since 2011

The European Central Bank will raise interest rates once more next month, as high energy prices push inflation further from the bank's 2%...

Lenovo's Q1 Revenue Jumps 43% on AI Infrastructure Boom
Lenovo's Q1 Revenue Jumps 43% on AI Infrastructure Boom

China's Lenovo Group reported a 43% jump in quarterly revenue on Thursday, beating forecasts to drive shares ​up as much as 22%, as the...

Kiwimoore Plans Hong Kong IPO at $2B Valuation, Sources Say
Kiwimoore Plans Hong Kong IPO at $2B Valuation, Sources Say

Chinese chip designer Kiwimoore has confidentially filed ​for a Hong Kong initial public offering, ‌targeting a valuation of about $2 billion,...

CK Hutchison First-Half Underlying Profit Up 6.7%
CK Hutchison First-Half Underlying Profit Up 6.7%

Hong Kong ports-to-telecoms group CK ​Hutchison posted a 6.7% ‌rise in underlying profit in the first six months ​of 2026 on ​Thursday,...

Oil Slips on Weaker Demand Outlook and Higher US Stocks
Oil Slips on Weaker Demand Outlook and Higher US Stocks

Oil prices declined on Thursday as investors ‌assessed prospects for weaker global demand this year and higher U.S. crude stocks, while prices...

UK Economy Gains from Gulf Ceasefire, World Cup and Sunshine
UK Economy Gains from Gulf Ceasefire, World Cup and Sunshine

Britain's economy unexpectedly grew in June as companies enjoyed a respite from the ‌energy price surge caused by the Iran war, the...

Yen's Post-Intervention Gains Depend on BOJ Rate Bets
Yen's Post-Intervention Gains Depend on BOJ Rate Bets

Joint Japanese-U.S. efforts to shore up the battered yen two weeks ago ​have heightened market bets the Bank of Japan will need to hike rates...

MSCI to Drop GoTo from Indonesia Index Over Liquidity
MSCI to Drop GoTo from Indonesia Index Over Liquidity

Aug 13 (Reuters) - Indonesian ride-hailing giant GoTo Gojek Tokopedia will be removed from MSCI's Indonesia ​index at the end of this...

S. Korea Unveils Housing Supply and Young Buyer Support Plan
S. Korea Unveils Housing Supply and Young Buyer Support Plan

South Korea said on Thursday it would raise financial support for construction projects and ease regulations ​for young homebuyers as part of...

Thailand Q2 Growth Seen Slowing on Weak Consumption
Thailand Q2 Growth Seen Slowing on Weak Consumption

Thailand's economic growth likely slowed sharply in the second quarter, while the economy ‌contracted on a quarterly basis, a Reuters poll...

Asian Stocks Rise as US Data Dents September Fed Hike Bets
Asian Stocks Rise as US Data Dents September Fed Hike Bets

Asian stocks climbed on Thursday as tame U.S. inflation data cooled expectations of a Federal Reserve rate hike next month, ‌while oil slipped...

Dollar Treads Water as Fed Rate Hike Bets Fade on US CPI
Dollar Treads Water as Fed Rate Hike Bets Fade on US CPI

The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight ‌spurred traders to pare back...


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