Economic news

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though unadjusted profit...

Spain's Sabadell said on Friday it ​had completed the sale of British ‌bank TSB to Santander for a total of around 3.3 billion...

Apple shares jumped 3.6% in early trading on Friday after the iPhone maker posted its strongest quarterly sales growth in more than four...

Colgate-Palmolive beat expectations for first-quarter sales and profit on Friday, helped by strong international demand for household staples...

Estee Lauder on Friday raised ‌its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a...

Chinese EV giant ​BYD's vehicle sales fell for an eighth straight month ‌in April, down 15.5% from a year earlier and extending its...

Oil prices steadied but remained on track ‌for weekly gains on Friday as efforts to halt the Iran war remained at an impasse, with...

Financial firms surveyed by the Bank of England ​last month did not expect ‌the central bank to raise interest rates this year, though they...

TheMR pound held near a 10-week high against the dollar on Friday as traders digested a week of central bank meetings in which the Bank ​of England...

Some ‌big Japanese trading houses forecast on Friday record annual profits as the U.S.-Israeli war on Iran keeps commodity prices...

British lenders approved the most mortgages in four months in March while consumer lending grew at the fastest ​annual rate in over two years,...

Reddit shares jumped 16% in premarket trading on Friday after an upbeat quarterly revenue forecast underscored growing returns from...

The European Central Bank ​may need to tighten policy, perhaps as soon as June, policymakers said on Friday, ‌warning that the inflation...

Gold prices fell in thin trading on Friday, and were set for a weekly decline, pressured by higher oil prices that have stoked inflation fears and...

The yen trimmed gains against the dollar on Friday, but was still ​poised for its strongest weekly rally in more than two months after Japanese...

The yen suddenly jumped against the dollar on Friday, a ​day after Tokyo authorities were widely believed to have intervened ‌to...

British house prices unexpectedly rose for a fourth month in a row ​in April, despite headwinds to consumer confidence from ‌conflict in the...

Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors ​into tech stocks, while...

South Korean exports rose for an 11th month in April, beating forecasts, as the global appetite for artificial intelligence infrastructure boosted...

U.S. stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest ​monthly gains in years as solid corporate earnings offset...

Mexico's economy contracted 0.8% in the first quarter from the previous three-month period, preliminary data showed on Thursday, an unexpected...

Mexico's Pemex reported a 45.99 billion peso ($2.6 billion) quarterly loss, as the state energy company failed to profit ​from a global oil...

Mexico's finance ministry on Thursday kept its 2026 economic growth forecast unchanged, maintaining a relatively upbeat stance even after...

Stellantis has a mutually rewarding partnership with China's Leapmotor which can be a model ​for future cooperation with other...

The pound gained versus a weaker dollar as the Bank of England left rates unchanged and maintained a ​cautious, wait‑and‑see approach to the...

The European Central Bank kept interest rates on hold on Thursday and warned that the war in Iran was ​fuelling an energy-led rise in euro zone...

Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war ​could escalate, sending oil prices soaring over 7%,...

Singapore's biggest bank DBS Group struck a more sanguine tone on its 2026 outlook on Thursday after beating ‌first-quarter earnings...

Financial markets are finding it harder to look past the rising economic costs of ​the Iran war as the continued closure of the Strait of...

French banks BNP Paribas, Societe Generale and Credit Agricole landed subdued trading results on Thursday, ​prompting...

Gold prices jumped on Thursday as the dollar eased and oil prices ticked ‌lower, with some analysts also pointing to an uptick in safe-haven...

London's FTSE 100 index ​rose on Thursday, with upbeat results from Rolls-Royce and Glencore aiding ‌the sentiment ahead of a Bank of...

Portugal's economy stagnated in the first ​quarter compared to the previous three-month period, when ‌it expanded 0.9%, official data...

Renewed risk aversion swept global equity and bond markets on Thursday and oil surged to a four-year high on ​worries that the Iran...

China's factory activity expanded for a second straight month in April, as manufacturers cranked up production ​to ship goods early to buyers...

Euro zone inflation surged further in April on soaring energy costs, Eurostat data showed on Thursday, adding to the ​case for interest rate hikes,...

The euro zone economy saw faint growth in the first quarter, ​a preliminary estimate showed on Thursday, ‌offering the first snapshot of...

The Bank of Japan is projecting core inflation hovering around ​3%, well above its 2% target, for two years in a row under a risk scenario of...

The Middle East war has not slowed Asia's local currency bond markets, with Hong Kong and Australian dollar issuance hitting record highs so...

Japan's factory output unexpectedly fell in March as production ‌tumbled for a range of chemical and petroleum-based goods, data showed on...

Swiss-based seeds and agrochemicals company Syngenta Group on Thursday reported slightly higher ​sales and profit during its first quarter...

Major fund managers are heralding a sustained rally in mining and metals as money floods into the sector at the fastest pace in years, driven by...