Economic news


Gold Eases on Strong Dollar, Oil; US Inflation Data Eyed

Gold Eases on Strong Dollar, Oil; US Inflation Data Eyed

Gold prices eased after touching ‌a one-week high on Monday, pressured by a firmer dollar and higher oil prices, while investors awaited US inflation data for clues on the Federal Reserve's interest-rate trajectory. Spot gold ​slipped 0.5% to $4,172.36 per ounce by 9:44 a.m. EDT (13...


October 12, 2026
India Sept Inflation Jumps to 5.54%, Backing Rate Hikes
India Sept Inflation Jumps to 5.54%, Backing Rate Hikes

India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6%...

India Sept Inflation Nears RBI Limit, Raising Hike Odds
India Sept Inflation Nears RBI Limit, Raising Hike Odds

India's retail inflation accelerated to ​a higher-than-expected 5.54% in September, data showed on Monday, nearing the central bank's...

Pound Treads Water as Dollar Holds Firm
Pound Treads Water as Dollar Holds Firm

The pound held steady against the dollar on Monday, ahead of public appearances by a number of Bank of England officials, while investor wariness...

UK Stocks Advance on Banking-Sector Strength
UK Stocks Advance on Banking-Sector Strength

Britain's ​FTSE 100 inched up on Thursday, with financial stocks providing ‌support ahead of key US inflation data and UK GDP figures this...

Tencent Eyes $4.5B Bond Sale amid AI Funding Push, Source
Tencent Eyes $4.5B Bond Sale amid AI Funding Push, Source

Tencent plans ‌to raise at least $4.5 billion through a sale of US dollar and offshore yuan bonds, a person with direct knowledge of the...

Oil Fluctuates on Trump's Russia Comments, Saudi Attacks
Oil Fluctuates on Trump's Russia Comments, Saudi Attacks

Oil prices oscillated on Monday ​as the market considered possible further supplies after US President Donald Trump hailed fresh Russian...

India FX Curbs Make Lenders Wary, Cool Rupee Hedges
India FX Curbs Make Lenders Wary, Cool Rupee Hedges

Banks turned cautious about offering forward dollar hedges to importers on Monday after the Reserve Bank of ‌India's latest forex measures...

Dollar Firms Near 18-Mth Highs on Mideast Unrest, Inflation
Dollar Firms Near 18-Mth Highs on Mideast Unrest, Inflation

The dollar traded around its highest in a ​year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of...

Shares Firm as Oil Retreats; Focus Turns to US CPI, Earnings
Shares Firm as Oil Retreats; Focus Turns to US CPI, Earnings

European shares and US futures edged higher on Monday after ​a choppy session in Asia as oil prices retreated, while investors...

Wall St Posts Weekly Gains With Earnings, Inflation on Tap
Wall St Posts Weekly Gains With Earnings, Inflation on Tap

Wall Street ended higher on Friday as investors shifted their focus to ​next week, with third-quarter earnings season set to start and inflation...

Stellantis Bets on Cheap Small EVs for Europe Comeback
Stellantis Bets on Cheap Small EVs for Europe Comeback

Stellantis heads into Paris Motor Show with a message it ​hopes customers, investors and dealers are ready to hear: after years of sliding...

October 9, 2026
Sterling Ticks Higher as Dollar Dips on Lower Oil Prices
Sterling Ticks Higher as Dollar Dips on Lower Oil Prices

The pound rose on Friday as the dollar dipped on the back of falling oil prices, ​with Britain's currency set to end the week little changed...

India's TCS Rises as Margins Steady Despite AI Investments
India's TCS Rises as Margins Steady Despite AI Investments

Shares of Tata Consultancy Services logged their biggest percentage rise in six weeks on Friday after the largest Indian IT services company...

India Rupee Falls Weekly Despite Hike Amid Adverse Flows
India Rupee Falls Weekly Despite Hike Amid Adverse Flows

The Indian rupee ended flat on Friday but declined in a week in which the Reserve Bank ​of India delivered its first rate hike in nearly four years...

AI-Related Companies to Drive most Q3 US Earnings Gains
AI-Related Companies to Drive most Q3 US Earnings Gains

US companies are likely to deliver another earnings surge for the third quarter, and like the rally in the stock market, AI-related players are...

London Stocks Set for Weekly Gain as Oil, Yields Retreat
London Stocks Set for Weekly Gain as Oil, Yields Retreat

London shares rose on ​Friday as easing oil prices and a retreat in gilt yields ‌lifted sentiment, putting the main UK indexes on track to end...

Gold Adds over 1% on Easing Oil Prices, Softer Dollar
Gold Adds over 1% on Easing Oil Prices, Softer Dollar

Gold advanced more than 1% on Friday on a combination ‌of cooling oil prices and a softer US dollar, with markets weighing the likelihood of...

China to Resume Oct Fuel Exports After Holiday, Sources Say
China to Resume Oct Fuel Exports After Holiday, Sources Say

China ​is set to resume October refined fuel exports after a brief halt during its Golden Week holiday, four traders ‌familiar with...

South African Rand Set to Snap Four-Week Losing Streak
South African Rand Set to Snap Four-Week Losing Streak

JOHANNESBURG, Oct 9 (Reuters) - The South African rand was on track to end the week stronger on Friday, snapping ​a four-week losing streak,...

European Majors' Strong Q3 Earnings Growth to Continue
European Majors' Strong Q3 Earnings Growth to Continue

Major European companies are expected to report substantially higher third-quarter earnings, the latest LSEG I/B/E/S data showed on Thursday,...

China Tax Crackdown Weighs on Luxury as US Spending Falters
China Tax Crackdown Weighs on Luxury as US Spending Falters

China's ​tax crackdown on wealthy individuals has become the latest headache for luxury brands, already grappling with the fallout from the...

30 Years After IMF Rescue, Thailand Faces New Economic Test
30 Years After IMF Rescue, Thailand Faces New Economic Test

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial...

Soaring Freight Rates Threaten Asia's Appetite for US Crude
Soaring Freight Rates Threaten Asia's Appetite for US Crude

Tanker freight rates soaring to record highs are putting US crude oil out of reach for Asian refiners, pushing them to ​seek alternatives from the...

S&P 500, Nasdaq Fall as Oil Jumps, Chip Stocks Weigh
S&P 500, Nasdaq Fall as Oil Jumps, Chip Stocks Weigh

US stocks dipped on Thursday as crude prices surged on ​a spike in Middle East tensions and a cut in US output that stoked inflation and rate-hike...

Airbus Confirms 72 jet Deliveries in September
Airbus Confirms 72 jet Deliveries in September

Airbus delivered 72 planes in September, the ​planemaker said on Thursday, bringing ‌nine-month deliveries to 547 aircraft, up 8% from the...

Japan Annual Household Spending Drops for 9th Month
Japan Annual Household Spending Drops for 9th Month

Japanese household spending ​fell less than expected in ‌August from a year earlier, government data showed on Friday, ​for a ninth straight...

October 8, 2026
Revolut Favors US Primary Listing for Potential IPO, CEO
Revolut Favors US Primary Listing for Potential IPO, CEO

Revolut would favor a primary listing in ​the United States if the digital bank decides ‌to pursue an initial pubic offering in the future,...

US Jobless Claims Hover Near 57-Year Low for 4th Week
US Jobless Claims Hover Near 57-Year Low for 4th Week

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp...

India's TCS Posts Weakest Q3 Growth in 3 Years
India's TCS Posts Weakest Q3 Growth in 3 Years

Tata Consultancy Services reported its weakest September-quarter sequential revenue growth ‌in three years, signaling continued pressure...

FTSE 100 Slips as Bond Yields Hit Multi-Decade Highs
FTSE 100 Slips as Bond Yields Hit Multi-Decade Highs

London stocks slipped on Thursday as surging oil prices and a global bond rout brought inflation worries back ​to the forefront, but sharp gains in...

German Government Raises Growth Forecasts for 2026 and 2027
German Government Raises Growth Forecasts for 2026 and 2027

The German government ​has raised its economic growth forecasts for this year and next, as the Iran war is not hurting the economy ‌as much as...

PepsiCo Cuts Forecast, Deepens Cost Cuts; NA Recovery Drags
PepsiCo Cuts Forecast, Deepens Cost Cuts; NA Recovery Drags

PepsiCo warned on ​Thursday that growth and margin recovery in its key North American market was taking longer than planned and said ‌it...

Poll: ECB to Hike in Dec as Inflation Doubles 2% Target
Poll: ECB to Hike in Dec as Inflation Doubles 2% Target

The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 ​basis points in December as inflation...

Samsung Flags Record $80B Profit on AI Boom in Q3
Samsung Flags Record $80B Profit on AI Boom in Q3

Samsung Electronics on Thursday projected its quarterly ​profit would top 100 trillion won, a world first for a technology company, estimating...

Hungary Plans Green Energy Push to Cut Costs, Imports
Hungary Plans Green Energy Push to Cut Costs, Imports

Hungarian Prime Minister Peter Magyar's government ‌plans a major drive into renewable energy to curb high import needs and lower...

US Bank Investors Focus on Rates, Deals in Q3 Earnings
US Bank Investors Focus on Rates, Deals in Q3 Earnings

Investors will scrutinize US quarterly bank earnings next week for signs that a recent spike in Treasury ​yields may curb dealmaking and lending...

Europe's Woes Give Dollar Bulls Fresh Reason to Press On
Europe's Woes Give Dollar Bulls Fresh Reason to Press On

The US dollar has surged to an 18-month high this fall, with the latest gains driven by uncertainty across the ​Atlantic that is emboldening some...

Taiwan Sept Exports Hit Record on AI Demand, US Leads
Taiwan Sept Exports Hit Record on AI Demand, US Leads

Taiwan's exports rose more than expected to ​a record monthly level for a second straight ‌month in September, lifted by demand for the...

Pfizer to Cut around 330 Jobs in Italy, Unions Say
Pfizer to Cut around 330 Jobs in Italy, Unions Say

Pfizer will cut around 330 jobs at ​its plant in Sicily, trade unions said on ‌Wednesday, making the US drugmaker the latest...

Thai Central Bank in No Rush to Raise Rates, Governor Says
Thai Central Bank in No Rush to Raise Rates, Governor Says

Thailand's central bank chief said on Thursday there is no rush to raise interest rates and ​monetary policy could not address structural...

Fast Retailing Posts 32% Profit Rise, Beats Forecasts
Fast Retailing Posts 32% Profit Rise, Beats Forecasts

Japan's Fast Retailing, owner of global clothing brand Uniqlo, booked its fifth consecutive record annual profit on Thursday, citing strong...

US, Russia Explore Gas Sales to Europe Amid War, Sources Say
US, Russia Explore Gas Sales to Europe Amid War, Sources Say

Top Russian and US officials, including US Special Envoy Jared Kushner, have held talks about bringing a US investor into the Nord Stream pipelines...


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