Economic news

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

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...

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

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...

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...

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

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

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

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...

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

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

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...

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

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...

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

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

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

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

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

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

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

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

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

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

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...

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...

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

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...

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

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

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

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...

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

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

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

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

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