Economic news

The Russian central bank cut its ​benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that analysts had...

Canada's retail sales grew by 0.5% in April from March to ​C$73.03 billion ($51.6 billion), slightly missing expectations, led primarily...

British government borrowing jumped much more sharply than expected in May as higher ‌inflation pushed up the cost of servicing index-linked...

The pound rose on Friday as traders digested a parliamentary by-election victory for Andy Burnham which clears a hurdle for him to potentially oust...

Europe's banking sector ​could boost lending by more than €2 trillion ($2.2 trillion) if regulators ‌were to simplify...

The Bank of England on Friday set out the scenario for this year’s stress test ​of private markets, modelling a severe global shock...

Global shares fell and oil prices got a boost on Friday ​after U.S. and Iranian negotiators called off peace talks, while the risk of official...

The South African rand weakened in early trade on Friday, pressured by ​a firmer dollar and hawkish signals from the ‌U.S. Federal...

MSCI has raised new concerns ​about Indonesia's investability, citing limited visibility in shareholdings and coordinated trading behaviour,...

The dollar strengthened in Asian trade on Friday, pinning the yen near a four-decade low as a peace deal between the U.S....

The Indian rupee edged lower on Friday, after a brief rise earlier in the session, tracking ​weakness in Asian peers as the dollar firmed on a...

India's Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly sales ​below Wall Street...

Gold prices were on track for a third consecutive ‌weekly fall, slipping more than 1% on Friday, as a stronger dollar and hawkish signals from...

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing inflation-linked...

Japan's annual core ‌inflation stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as...

German exports to Britain fell by around ​7% since 2016, according to ‌figures from the German Economic Institute (IW), underscoring the...

U.S. stock indexes rallied on Thursday, with the Nasdaq's 1.9% advance boosted by ​gains in semiconductor shares, while inflation fears eased...

British consumer confidence held steady in June but younger people turned more pessimistic ​about the economy and their personal financial...

J.P. Morgan on Thursday pushed back to November its forecast for ​the Bank of England's next interest rate increase, ‌after the central...

Shares of SpaceX dropped more than 6% on Thursday, as the post-IPO ​frenzy that briefly placed Elon Musk's rockets-to-AI firm among the...

Rising fuel prices driven by the Iran ​war are boosting demand for new and used electric vehicles across Europe, industry data shared...

The U.S. government signed a $725 million conditional ​loan commitment on Thursday with Energy Fuels to ‌boost domestic processing of...

Architect Labs said on Thursday it had raised $24 million in seed funding to build a company that ​will use artificial intelligence to speed and...

U.S. supermarket-chain operator Kroger stuck to its ‌annual forecasts on Thursday but warned of rising inflationary pressure in the back...

UK's main stock indexes retreated on ‌Thursday, pressured by miners and financials, after the Bank of England held steady on interest...

The Bank of England kept interest rates on ​hold at 3.75% in June, as it has since the start of the U.S.-Iran war, judging it would be premature to...

Accenture unveiled $4.18 billion in cybersecurity acquisitions on Thursday to push deeper into the booming sector, as a ​weak sales forecast sent...

Global stocks were torn on Thursday between concern about the rising chances of a U.S. rate hike this ‌year after the Federal Reserve's...

The Indian rupee ended higher against the U.S. dollar for a fifth consecutive session on Thursday, logging ​its longest winning streak in a year,...

Taiwan's central bank ‌on Thursday raised its growth outlook for the year thanks to the AI boom, while keeping its policy interest rate...

Investors from Indian state-owned lenders to Singapore's sovereign wealth fund and Canada's national pension manager are set to ​reap a...

Britain is "strongly minded" to nationalise British ​Steel, the government said ‌in a statement on Thursday, weeks after it...

India's National Stock Exchange (NSE) has filed draft papers for a long-awaited listing, making it one of two mega...

DSC Holdings, a Chinese company that provides ​operating systems and transaction services for used car ‌dealers, aims to raise up to $62...

Maserati ​on Thursday presented revamped versions of its GranTurismo, GranCabrio and Grecale models, ‌ahead of a key capital markets day in...

China is expected to keep benchmark lending rates unchanged for a 13th consecutive month in June, a Reuters survey showed, as a ​K-shaped...

The pound rose slightly on Thursday, recovering from a sharp drop to a two-month low the day before, after British ​employment data came in...

British wages grew faster than expected in the three months to April and unemployment ‌fell, according to official data which paint a somewhat...

Oil prices ​fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that ‌would end the Iran...

Gold climbed 1% on Thursday, recouping some losses from the previous session after Federal Reserve's hawkish signals, as a drop in oil prices...

Some major Asian stock ​gauges hit record highs and oil prices fell further on Thursday after the U.S. and Iranian presidents ‌boosted...

The S&P 500 and Nasdaq closed down by more than 1% on Wednesday, as traders bet that the ​Federal Reserve's next move would be a rate hike...