Economic news


Oil Prices Steady as Traders Weigh Supply Risks

Oil Prices Steady as Traders Weigh Supply Risks

Oil prices were little changed on Wednesday after climbing to more than one-month highs earlier in the session as traders weighed the risk of supply disruptions following overnight U.S. and Iranian strikes against signs that crude supplies continue to reach ​the market. Brent crude futures r...


September 2, 2026
Gold Hits 3-Week Low on Stronger Dollar, Inflation Risks
Gold Hits 3-Week Low on Stronger Dollar, Inflation Risks

Gold prices fell to their lowest ​in more than three weeks on Wednesday, pressured by a stronger dollar ‌as the biggest exchange of fire...

Tesla China EV Sales Extend Growth, but Momentum Fades
Tesla China EV Sales Extend Growth, but Momentum Fades

Tesla's China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, ​down sharply from the prior month, as...

Swiss Govt Names New SNB Bank Council President
Swiss Govt Names New SNB Bank Council President

The Swiss government on Wednesday named Christoph ​Ammann as the new president of ‌the Swiss National Bank's Bank Council, the body which...

UK's Midcaps Hit nearly a One-Month Low as Gilt Yields Surge
UK's Midcaps Hit nearly a One-Month Low as Gilt Yields Surge

London's mid-cap stocks slipped to nearly a one-month ​low on Wednesday, extending losses as UK's bond yields hit ​18-year highs on renewed...

Shein Shares Drop Over 5% on Day 2 of Hong Kong Trading
Shein Shares Drop Over 5% on Day 2 of Hong Kong Trading

Shares of online fast-fashion retailer Shein fell more than 5% on Wednesday, a day after ​a lacklustre debut session following a long-awaited...

UK Bond Yields Hit 18-Year High, Pressuring Healey
UK Bond Yields Hit 18-Year High, Pressuring Healey

British government bond yields hit fresh 18-year highs on Wednesday, tracking a broad global ​sell-off after the latest escalation of the Iran war...

Taiwan Says its Companies Plan to Invest another $20B in US
Taiwan Says its Companies Plan to Invest another $20B in US

Taiwanese companies are planning another $20 billion of investments in the U.S. driven by demand for AI applications, the island's economy...

Dollar Hits 7-Week High on Mideast War, Rate Path Focus
Dollar Hits 7-Week High on Mideast War, Rate Path Focus

The dollar hit a seven-week high on Wednesday as investors turned to ​the U.S. currency amid growing concerns about the economic impact of the...

BHP Top Ore Negotiator Udd to Step Down, Memo Shows
BHP Top Ore Negotiator Udd to Step Down, Memo Shows

BHP's Chief Commercial Officer Rag Udd will step down at the end of ​January to pursue an opportunity outside the company, according to ‌a...

Asian Markets Tumble as US-Iran Clashes Lift Oil, Yields
Asian Markets Tumble as US-Iran Clashes Lift Oil, Yields

Asian stocks slumped on Wednesday after renewed U.S. airstrikes on Iran pushed oil prices ‌to a five-week high and drove the U.S....

China Keeps Fuel Exports Stable as Controls Ease: Sources
China Keeps Fuel Exports Stable as Controls Ease: Sources

China ​is expected to allow refiners to export steady volumes of refined fuel this month versus August, enabling ‌them to profit from higher...

Bond Selloff Deepens on Inflation Risks and Oil Price Spike
Bond Selloff Deepens on Inflation Risks and Oil Price Spike

Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the...

Oracle EU Licensing Under Antitrust Scrutiny, Source Says
Oracle EU Licensing Under Antitrust Scrutiny, Source Says

The licensing practices of U.S. cloud computing company Oracle ​are on the radar of EU antitrust ‌regulators, a person familiar with the...

S.Korea Inflation Quickens on One-Offs, Misses Forecast
S.Korea Inflation Quickens on One-Offs, Misses Forecast

South Korea's consumer inflation quickened in August due to low-base effects from the ​previous comparable period a year ago, data showed on...

Private Sector Steps Up as India's Growth Engine Broadens
Private Sector Steps Up as India's Growth Engine Broadens

India's economy is showing early signs that a long-awaited private investment revival is taking ​hold, broadening the growth engines and making...

OpenAI to Add Stronger Safety Guardrails for Next AI Model
OpenAI to Add Stronger Safety Guardrails for Next AI Model

OpenAI has determined ‌that one of its upcoming models is so capable it requires additional safety measures before it can be...

September 1, 2026
US Construction Spending Drops to nearly 3-Year Low in July
US Construction Spending Drops to nearly 3-Year Low in July

U.S. construction spending unexpectedly fell in July, hitting the lowest level in nearly three years as higher mortgage rates weighed on...

US Job Openings Rise in July After Sharp Prior Month Cut
US Job Openings Rise in July After Sharp Prior Month Cut

U.S. job openings increased in July amid a surge in manufacturing vacancies, but weak hiring suggested the labor market remained in a holding...

US Factory Activity Slows in August; Input Prices Elevated
US Factory Activity Slows in August; Input Prices Elevated

U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid...

Dollar Gains, Yen Hits 160; Iran Tensions Fuel Bond Selloff
Dollar Gains, Yen Hits 160; Iran Tensions Fuel Bond Selloff

The dollar strengthened on Tuesday as renewed ​U.S.-Iran hostilities fuelled inflation worries and sparked a global bond selloff, while...

Oil Up more than 2% as US-Iran Strikes Fuel Supply Fears
Oil Up more than 2% as US-Iran Strikes Fuel Supply Fears

Oil prices rose more than 2% on Tuesday as a resumption in fighting between the ‌United States and Iran in the Middle East renewed fears of...

Fervo Deal with Google Drives 396-MW Geothermal Expansion
Fervo Deal with Google Drives 396-MW Geothermal Expansion

Geothermal developer Fervo Energy said on Tuesday it had signed a deal to ​supply 396 megawatts of geothermal power ‌to Alphabet's...

Pound Slips Despite Gilt Yield Jump as Investors Eye Dollar
Pound Slips Despite Gilt Yield Jump as Investors Eye Dollar

Sterling slipped on ​Tuesday as investors returned from a long holiday weekend to a global bond selloff ‌that pushed British...

Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million
Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million

Sept 1 (Reuters) - Keurig Dr Pepper said on Tuesday it would sell its investment ​in Chobani back to the ‌yogurt maker for $925 million,...

RBI Action, Dollar Inflows Lift Indian Rupee to 2-Month High
RBI Action, Dollar Inflows Lift Indian Rupee to 2-Month High

The Indian rupee surged to a two-month high against the U.S. dollar on Tuesday, powered by aggressive central ​bank intervention and supported by...

Factory Activity Bounced in August on Asian AI Expansion
Factory Activity Bounced in August on Asian AI Expansion

Global factory activity was humming ​last month as surging demand for AI hardware kept Asian factories busy while new orders in Europe...

Destry, First Female Indonesia Bank Chief, Raises Forecast
Destry, First Female Indonesia Bank Chief, Raises Forecast

Indonesia's parliament voted on Tuesday to appoint Destry Damayanti as the ​first woman to head the central bank, and she announced...

London Stocks Fall as Gilt Yields Rise; Reckitt Gains
London Stocks Fall as Gilt Yields Rise; Reckitt Gains

London's FTSE indexes fell on Tuesday as Middle East tensions pushed global bond yields higher on inflation concerns, while Reckitt Benckiser...

Gold Drops Over 1% as Yields Rise Ahead of US Jobs Data
Gold Drops Over 1% as Yields Rise Ahead of US Jobs Data

Gold fell ​more than 1% on Tuesday, pressured by elevated U.S. Treasury yields, while markets ‌awaited key U.S. labour market data for fresh...

Euro Zone Inflation Exceeds 3%, Cementing ECB Rate Hike
Euro Zone Inflation Exceeds 3%, Cementing ECB Rate Hike

Euro zone inflation rose back above 3% in August on higher energy costs, cementing an already ​solid case for another European Central Bank...

Indonesia Swings Back to Trade Surplus in July
Indonesia Swings Back to Trade Surplus in July

Indonesia posted its first trade surplus in three months in July as exports rose faster ‌than expected, although analysts warned that strong...

LSEG Plans Tokenised UK Shares in Payward Partnership
LSEG Plans Tokenised UK Shares in Payward Partnership

London Stock Exchange Group plans to launch tokenised UK shares to expand global access to London-listed shares, it said on Tuesday, and will...

India Preparing Rollout of Agentic Payments on UPI, Sources
India Preparing Rollout of Agentic Payments on UPI, Sources

India is ​preparing a framework that would let AI agents make small digital payments without approval for every ‌transaction, three sources...

UK Mortgage Approvals Fall to Lowest Since Jan 2024: BoE
UK Mortgage Approvals Fall to Lowest Since Jan 2024: BoE

British lenders approved the fewest mortgages for house purchase since ​January 2024 in July and consumer lending grew ‌more than expected,...

French Factory Growth Misses August Forecast: Final PMI
French Factory Growth Misses August Forecast: Final PMI

France's manufacturing sector grew in August, albeit slightly less than initially ​forecast, a survey by S&P Global ‌showed on...

Global Bond Rout Deepens as Japan Yield Hits Key Threshold
Global Bond Rout Deepens as Japan Yield Hits Key Threshold

Japan's benchmark 10-year bond yield struck the key 3% barrier for the first time ​since 1996 on Tuesday, amid a deepening global debt selloff...

Euro Zone Factory Growth Hits 4-Yr High in August: PMI
Euro Zone Factory Growth Hits 4-Yr High in August: PMI

Growth in the euro zone's manufacturing sector hit its fastest pace in more than four years in August, driven by the strongest rise in new...

Bond Selloff Deepens as Rising Energy Prices Fuel Inflation
Bond Selloff Deepens as Rising Energy Prices Fuel Inflation

Global bond yields hit major new highs on Tuesday as renewed fighting ​in the Middle East lifted oil prices and investors worried about...

German Factory Growth Quickens in August on Order Surge: PMI
German Factory Growth Quickens in August on Order Surge: PMI

BERLIN, Sept 1 (Reuters) - Germany's manufacturing sector accelerated in August, as a jump in new orders drove the strongest ​production growth...

Capri Global Taps Dollar Debt Market in Debut Issue
Capri Global Taps Dollar Debt Market in Debut Issue

India's Capri Global Capital has initiated the procedure to borrow in dollars in what would be its first ever foreign currency ​debt...

UK Finance Chief Targets Higher Defence Spending in Spring
UK Finance Chief Targets Higher Defence Spending in Spring

British finance minister John Healey told The Times newspaper he would set out a "clear path" ​to higher defence spending at the...

S. Korea Eyes Record $597B 2027 Budget to Boost AI Spending
S. Korea Eyes Record $597B 2027 Budget to Boost AI Spending

South Korea on Tuesday unveiled ‌its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821...


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