Economic news


Cinderella Metal Silver Loses Footing after Surge to Record High

Cinderella Metal Silver Loses Footing after Surge to Record High

Silver has been dubbed the Cinderella of precious metals, spending long periods overlooked before sweeping into the spotlight and disappearing in short order. In a market analysts say is beset by fairy tales, it is living up to that reputation. A small, volatile asset prone to squeeze attemp...


February 2, 2026
Post-Holiday Reordering Boosts US Manufacturing in January
Post-Holiday Reordering Boosts US Manufacturing in January

U.S. factory activity grew for the first time in a year in January as businesses placed new orders after the holiday season, but the improvement...

Vanguard Announces new Round of Sweeping Fund Fee Cuts
Vanguard Announces new Round of Sweeping Fund Fee Cuts

Vanguard, the world's second-largest asset manager and a pioneer of low-cost funds, said ​on Monday it is cutting fees on 53 of its index-based...

Devon, Coterra will Merge to Create $58 bln US Shale Giant
Devon, Coterra will Merge to Create $58 bln US Shale Giant

Oklahoma City-based Devon Energy and Houston's Coterra Energy are merging in an all-stock deal to become a large-cap producer with a...

Oracle Shares Gain as $50B Raise Eases Data-Center Funding Fears
Oracle Shares Gain as $50B Raise Eases Data-Center Funding Fears

Oracle shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over...

Tyson Foods Beats Quarterly Profit Estimates on Chicken Demand
Tyson Foods Beats Quarterly Profit Estimates on Chicken Demand

U.S. meatpacker Tyson Foods reported higher-than-expected quarterly earnings on Monday, as increased demand for its chicken products...

London's FTSE 100 rises as defensive plays outweigh slide in commodity-linked shares
London's FTSE 100 rises as defensive plays outweigh slide in commodity-linked shares

The UK's FTSE 100 edged higher on Monday, as investors piled into defensive pharma and consumer staples stocks amid a global selloff in energy...

Sterling Steady near $1.37 as Eyes Turn to BoE Announcement
Sterling Steady near $1.37 as Eyes Turn to BoE Announcement

The pound held steady against the dollar on Monday near a multi-year high hit last week as attention focused on a Bank of England policy...

Indian e-Scooter Maker Ather Energy's Quarterly Loss Narrows Sharply as Sales Jump
Indian e-Scooter Maker Ather Energy's Quarterly Loss Narrows Sharply as Sales Jump

Indian e-scooter manufacturer Ather Energy's quarterly loss more than halved from a year earlier, helped by a jump in sales during the...

Germany's manufacturing sector shows signs of recovery, PMI indicates
Germany's manufacturing sector shows signs of recovery, PMI indicates

Germany's manufacturing sector began 2026 on a positive note, with output returning to growth in January after a brief contraction in December,...

Indonesia, Faced with Prabowo Policies, 'Stock Frying,' Left Behind in Rush to Emerging Markets
Indonesia, Faced with Prabowo Policies, 'Stock Frying,' Left Behind in Rush to Emerging Markets

A stock market collapse is only the latest sign of trouble for Indonesia's capital markets, which are being excluded from a rush to emerging...

Euro Zone Firms see Deteriorating Profits, ECB Survey Shows
Euro Zone Firms see Deteriorating Profits, ECB Survey Shows

Euro zone firms expect revenues to keep rising this quarter but profitability is taking a hit, the European Central Bank's quarterly Survey on...

French Manufacturing Production Rises at Strongest Rate in Almost 4 yrs, PMI
French Manufacturing Production Rises at Strongest Rate in Almost 4 yrs, PMI

France's manufacturing sector expanded in January and had its fastest increase in production in almost four years, helped by plans to increase...

Russia's Pipeline Gas Exports to Europe Jump 10% in Jan on Year
Russia's Pipeline Gas Exports to Europe Jump 10% in Jan on Year

Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline rose 10.3% in January...

Philippine Economy to Rebound in 2026 with at Least 5% Growth, Minister
Philippine Economy to Rebound in 2026 with at Least 5% Growth, Minister

The Philippine economy will bounce back this year with growth of at least 5%, supported by sound fundamentals and a solid performance in its key...

UK House Prices Rise 1.0% in Year to January, Nationwide
UK House Prices Rise 1.0% in Year to January, Nationwide

British house prices rose by a stronger-than-expected 1.0% in the 12 months to January, after a blip at the end of 2025 linked to uncertainty...

S.Korea's factory activity expands at strongest pace in nearly 1-1/2 yrs, PMI
S.Korea's factory activity expands at strongest pace in nearly 1-1/2 yrs, PMI

South Korea's factory activity expanded at the strongest pace in almost 1-1/2 years in January, as export demand growth surged to a near...

India's Factory Growth Improves Slightly in January, PMI
India's Factory Growth Improves Slightly in January, PMI

India's manufacturing activity inched up in January as demand improved slightly but the gain wasn't strong enough to lift business optimism...

EV maker Polestar Secures $400 Million Equity Funding
EV maker Polestar Secures $400 Million Equity Funding

Electric vehicle maker Polestar said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special...

Europe's $955B Recovery Fund Struggles to Transform Economy
Europe's $955B Recovery Fund Struggles to Transform Economy

In olive groves and vineyards dotted across Spain, sensors and drones paid for by Europe's largest recovery fund since the post-war Marshall...

Julius Baer Profit Drops in 2025 amid Writedowns, Beats Expectations
Julius Baer Profit Drops in 2025 amid Writedowns, Beats Expectations

Swiss bank Julius Baer on Monday reported a net profit of 764 million Swiss francs ($988 million) for 2025, which beat analyst expectations...

Japan's Top Business Lobby Invites Activist Fund Elliott for Governance Talks
Japan's Top Business Lobby Invites Activist Fund Elliott for Governance Talks

Japan's biggest business lobby, Keidanren, has invited activist investor Elliott Investment Management ‌to a private meeting on March 5 to...

Slump in Commodities Rattles Global Markets
Slump in Commodities Rattles Global Markets

Commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals as the choice of Kevin Warsh as the next Fed...

China's Measures to Shore Up its Indebted Property Sector
China's Measures to Shore Up its Indebted Property Sector

China's property market, which at its peak once accounted for a quarter of the world's second-largest economy, has been struggling with a...

Asia's Factory Activity Expands on Solid Slobal Demand
Asia's Factory Activity Expands on Solid Slobal Demand

Asia's factory activity expanded in January as solid global demand lifted export orders, private-sector surveys showed on Monday, offering...

Alibaba to Spend $431M for Lunar New Year AI Push as Chatbot War Heats Up
Alibaba to Spend $431M for Lunar New Year AI Push as Chatbot War Heats Up

Alibaba said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar New Year holiday,...

Disney Board Close to Picking Parks Chief D'Amaro as Next CEO, Bloomberg News
Disney Board Close to Picking Parks Chief D'Amaro as Next CEO, Bloomberg News

The board of Walt Disney is close to promoting theme-park division chairman Josh D'Amaro to chief executive officer and will vote on...

Supply Snags, Political Turmoil Undercut Aviation Growth
Supply Snags, Political Turmoil Undercut Aviation Growth

Aviation leaders tackled barriers to growth and the impact of geopolitical tensions on the eve of the Singapore Airshow on Monday, while...

Combining SpaceX with xAI may be Simple for Musk Inc, Tesla isn't so Easy
Combining SpaceX with xAI may be Simple for Musk Inc, Tesla isn't so Easy

Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with...

Indonesia's January inflation highest in almost 3 years
Indonesia's January inflation highest in almost 3 years

Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released...

January 30, 2026
Global Equity Funds Attract Inflows for Third Week in Row
Global Equity Funds Attract Inflows for Third Week in Row

Global equity funds had a third straight week of inflows in the week to January 28 on upbeat earnings expectations, while ​safe-haven assets...

India Govt Sets Deadline for Financial Bids for IDBI, Sources
India Govt Sets Deadline for Financial Bids for IDBI, Sources

India's federal government has set a February 5 deadline for financial bids for IDBI Bank as it looks to divest a majority of its holding...

Canada's Economic Growth Stalled in Nov, could Contract in Q4
Canada's Economic Growth Stalled in Nov, could Contract in Q4

Canada's economic growth stalled in November as an expansion in services was ‌offset by weakness in goods-producing industries, data...

Imperial Oil Quarterly Profit Falls on Lower Production, Crude Prices
Imperial Oil Quarterly Profit Falls on Lower Production, Crude Prices

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, hurt by lower production and a drop in crude...

Caixabank sees HigherProfits and Margins as Spanish Economy Outperforms
Caixabank sees HigherProfits and Margins as Spanish Economy Outperforms

Caixabank on Friday said it expects lending income and profits to rise this year and next, driven by stronger loan growth as...

India’s BPCL Looks Overseas for Renewable Energy Acquisitions, Investments
India’s BPCL Looks Overseas for Renewable Energy Acquisitions, Investments

India's Bharat Petroleum Corp (BPCL) is scouting global opportunities, ranging from acquisitions to strategic investments in solar, wind...

UK's FTSE 100 Poised for Longest Monthly Winning Streak in over 12 Years
UK's FTSE 100 Poised for Longest Monthly Winning Streak in over 12 Years

Heavyweight banking stocks led London's FTSE 100 higher on Friday, putting the index on track for a seventh consecutive month of gains, while...

Aircraft Lessors Steer Steady Course as Risks Accumulate
Aircraft Lessors Steer Steady Course as Risks Accumulate

A transatlantic rift and jittery markets may be unnerving investors, but the aircraft leasing giants that own half the global fleet say...

Chevron Beats Q4 Profit Estimate, Eyes Venezuela Investment Opportunities
Chevron Beats Q4 Profit Estimate, Eyes Venezuela Investment Opportunities

Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on cutting costs and making its operations more...

Record Gold Prices Push Italian Jewellers to make Leaner Designs
Record Gold Prices Push Italian Jewellers to make Leaner Designs

In Italy's storied gold‑making hubs, jewellers are reworking their designs to trim gold content as they race to blunt the impact of record...

Euro Zone Economy Ends 2025 with Solid Growth Despite Low Exports, US Trade Strife
Euro Zone Economy Ends 2025 with Solid Growth Despite Low Exports, US Trade Strife

The euro zone economy grew quicker than expected last quarter as consumption and investments kicked into higher gear, offsetting low exports and...

Taiwan Economy Soars in Q4 on AI Demand, 2025 Expands at Fastest Rate in 15 yrs
Taiwan Economy Soars in Q4 on AI Demand, 2025 Expands at Fastest Rate in 15 yrs

Taiwan's tech-focused economy grew much more than expected in the fourth quarter, the government statistics agency said on Friday, thanks to...

Nestle India Profit Jumps 46% as Tax Cuts Boost Packaged Food Demand
Nestle India Profit Jumps 46% as Tax Cuts Boost Packaged Food Demand

Nestle India posted a 46% increase in quarterly profit on Friday, aided by higher demand for packaged food items, including Maggi noodles and...


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