Economic news


Asian Stocks Rise as US Data Dents September Fed Hike Bets

Asian Stocks Rise as US Data Dents September Fed Hike Bets

Asian stocks climbed on Thursday as tame U.S. inflation data cooled expectations of a Federal Reserve rate hike next month, ‌while oil slipped as focus shifted to demand concerns from stalled U.S.-Iran peace efforts. MSCI's broadest index of Asia-Pacific shares outside Japan ro...


August 13, 2026
CK Hutchison First-Half Underlying Profit Up 6.7%
CK Hutchison First-Half Underlying Profit Up 6.7%

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 Slips on Weaker Demand Outlook and Higher US Stocks
Oil Slips on Weaker Demand Outlook and Higher US Stocks

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

UK Economy Gains from Gulf Ceasefire, World Cup and Sunshine
UK Economy Gains from Gulf Ceasefire, World Cup and Sunshine

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

Yen's Post-Intervention Gains Depend on BOJ Rate Bets
Yen's Post-Intervention Gains Depend on BOJ Rate Bets

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...

Dollar Treads Water as Fed Rate Hike Bets Fade on US CPI
Dollar Treads Water as Fed Rate Hike Bets Fade on US CPI

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

Firm RBI Move Holds Rupee Steady Despite Dollar Bids
Firm RBI Move Holds Rupee Steady Despite Dollar Bids

The Indian rupee was marginally down on Thursday, as the central bank continued to sell dollars to anchor the ​local currency in a narrow band...

Japan Wholesale Inflation Stays Hot, BOJ Sep Hike Odds Up
Japan Wholesale Inflation Stays Hot, BOJ Sep Hike Odds Up

Japan's annual wholesale ​inflation remained elevated in July, data showed on Thursday, highlighting broadening price pressures and reinforcing...

China's Central Bank Pledges Timely new Policy Rollout
China's Central Bank Pledges Timely new Policy Rollout

China's central bank said on Wednesday it would maintain an appropriately loose monetary stance and roll ​out practical, effective measures as...

Australia Central Banker says Rate Risks are Skewed Higher
Australia Central Banker says Rate Risks are Skewed Higher

A senior Australian central banker on Thursday warned of ‌the risk of further policy tightening, saying inflation threats remain on the upside...

UK Housing Market Remains Subdued, Landlords Cut Back, RICS
UK Housing Market Remains Subdued, Landlords Cut Back, RICS

Britain's housing market remained sluggish last month but there was a recovery ​in confidence about the sales outlook, ‌a survey from the...

Goldman Doubles Down on Active ETFs with $2.3 bln Neos Deal
Goldman Doubles Down on Active ETFs with $2.3 bln Neos Deal

Goldman Sachs will acquire exchange-traded funds provider Neos Investments for as much as $2.25 billion, as the ​investment bank looks to...

August 12, 2026
2026 Oil Shortfall to Deepen on Hormuz Delays, IEA Says
2026 Oil Shortfall to Deepen on Hormuz Delays, IEA Says

Global oil supply will fall by 4.3 million barrels per day, ‌or around 4%, this year, the International Energy Agency said on Wednesday, as...

India's Inflation Hits 4.45%; RBI Rate Outlook Unchanged
India's Inflation Hits 4.45%; RBI Rate Outlook Unchanged

India's retail inflation accelerated in July, led by higher ​food prices, to a pace that is still unlikely to push the central bank to...

Global Stocks Hold Gains after in-Line US CPI
Global Stocks Hold Gains after in-Line US CPI

Global stocks held on to gains on Wednesday after U.S. inflation data came ​in as expected, while oil prices edged higher after a senior Iranian...

Indian Rupee Nudges Up on RBI Action; Eye on CPI
Indian Rupee Nudges Up on RBI Action; Eye on CPI

The Indian rupee ended modestly higher, wedged between anxiety over the Middle East conflict and the impact of persistent ​central bank...

Hong Kong Tax-Cut Reform Excludes Prop Traders
Hong Kong Tax-Cut Reform Excludes Prop Traders

The Hong Kong government said on Wednesday that tax benefits for fund managers and family ​offices proposed in a bill being considered by the...

FTSE 100 Subdued Ahead of US CPI; Balfour Beatty Soars
FTSE 100 Subdued Ahead of US CPI; Balfour Beatty Soars

London's FTSE 100 was largely flat on Wednesday, as investors remained on the sidelines ahead of U.S. inflation data, while midcap stocks...

Bank of America Pledges $250B for US Infrastructure
Bank of America Pledges $250B for US Infrastructure

Bank of America said on Wednesday it plans ‌to deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects, a...

Norway Wealth Fund Posts Record $184B H1 2026 Profit
Norway Wealth Fund Posts Record $184B H1 2026 Profit

Norway's $2.3 trillion ‌sovereign wealth fund, the world's largest, posted a record profit of 1.75 trillion Norwegian crowns ($184.3...

Sterling at One-Month High vs Dollar before Economic Data
Sterling at One-Month High vs Dollar before Economic Data

Sterling hovered around its one-month high against the dollar on Wednesday as investors braced for a raft of British and U.S. economic ​data later...

RBI Likely Intervenes to Support Rupee, Traders Say
RBI Likely Intervenes to Support Rupee, Traders Say

The Reserve Bank of India likely ​intervened in the ‌foreign exchange market on Wednesday, six traders told Reuters, ​as lingering anxiety...

Oil Rises after Attacks on Ships in Hormuz, Bab el-Mandeb
Oil Rises after Attacks on Ships in Hormuz, Bab el-Mandeb

Oil prices rose on ‌Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies, while industry data...

Dollar Ticks Up on Iran Tensions, with US Data in Focus
Dollar Ticks Up on Iran Tensions, with US Data in Focus

The U.S. dollar ticked higher on Wednesday, ​underpinned by renewed Gulf tensions, with markets focused on upcoming U.S. economic data for signals...

ABN Amro Lifts Annual Outlook on Higher Central Bank Rates
ABN Amro Lifts Annual Outlook on Higher Central Bank Rates

ABN Amro lifted the guidance for its commercial net interest income after beating quarterly expectations on Wednesday, joining other major Benelux...

Nigeria's EV Ambitions Clash with Weak Power Supply
Nigeria's EV Ambitions Clash with Weak Power Supply

Nigeria approved tax waivers for nearly 4,000 electric vehicles in the first ​half of this year, government data showed, as authorities push to...

Oil and Gold Rise on Geopolitical Risks Ahead of CPI
Oil and Gold Rise on Geopolitical Risks Ahead of CPI

Oil and gold prices climbed on Wednesday as geopolitical tensions ratcheted up ahead of key U.S. inflation data. The...

Japan Fund Managers Chase Retail Cash as JGB Yields Surge
Japan Fund Managers Chase Retail Cash as JGB Yields Surge

After years of paying investors almost nothing, Japanese government bonds are suddenly ​worth owning again, and domestic asset managers are...

Wall Street Ends Down as US-Iran Peace Optimism Fades
Wall Street Ends Down as US-Iran Peace Optimism Fades

Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential ​deal to bring...

Australia Sets Minimum Pay, Insurance Rules for Gig Workers
Australia Sets Minimum Pay, Insurance Rules for Gig Workers

Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the...

Canada, US Hold Trade Talks as Tariff Deadline Nears
Canada, US Hold Trade Talks as Tariff Deadline Nears

Canada's minister in charge of U.S. trade relations, Dominic ​LeBlanc, met with U.S. trade officials on Tuesday for ‌the third time in as...

US Treasury Yields Seen Lower, but Conviction Wavers
US Treasury Yields Seen Lower, but Conviction Wavers

U.S. Treasury yields will decline over the coming year, said bond strategists in a Reuters poll who clung to expectations that markets will...

August 11, 2026
US Fuel Exports to Cuba Spur Chaotic Black Market
US Fuel Exports to Cuba Spur Chaotic Black Market

Gasoline at $38 a gallon sold from cramped apartments. Diesel hawked on Instagram by a celebrity model to a reggaeton soundtrack. Six decades after...

Bumble Eases Women-First Rule to Boost Engagement
Bumble Eases Women-First Rule to Boost Engagement

Bumble on Tuesday said it would now allow either person in a match to send ​the first message, dropping the women-first messaging ‌rule...

Boeing Jet Deliveries Drop 17% in July
Boeing Jet Deliveries Drop 17% in July

Boeing said Tuesday that it delivered 53 jets in July, five more than a ​year earlier, but a sharp drop from ‌the 64 jets it handed over...

Disney Wins Global Streaming Rights for Formula E Races
Disney Wins Global Streaming Rights for Formula E Races

Disney said on Tuesday it had signed a multi-year deal to stream all-electric Formula E ​races globally across 144 territories on Disney+,...

River AI Raises $1.1 Billion to Expand Custom AI Tools
River AI Raises $1.1 Billion to Expand Custom AI Tools

Startup River AI, founded by xAI co-founder Igor Babuschkin, said on Tuesday it ​has raised $1.1 billion, looking to expand tools ‌that help...

Nvidia, Wall St Giants Eye $500B for AI Buildout
Nvidia, Wall St Giants Eye $500B for AI Buildout

Nvidia said on Monday it has partnered with six ​major financial institutions to launch compute financing platforms aimed at ‌raising...

Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes
Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes

Oil prices rose more than 2% on Tuesday to their highest in more than a week ‌as ongoing disruption to Middle East energy flows and fading...

US Small Business Sentiment Hits 11-Month High in July
US Small Business Sentiment Hits 11-Month High in July

U.S. ​small-business sentiment increased to an 11-month high in July amid a surge in the share ‌of owners reporting plans to boost hiring,...

US-Iran Standoff Sends Oil Up, Dents Stocks
US-Iran Standoff Sends Oil Up, Dents Stocks

Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal ​and the reopening of the Strait of Hormuz hit an...

Yen Slips as Intervention Fades; Aussie Steady After RBA
Yen Slips as Intervention Fades; Aussie Steady After RBA

The yen hovered close to the key 160-per-dollar ‌level on Tuesday, as the impact of U.S.-Japan intervention continued to fade, while the...

Taiwan, South Korea Drive Asian Outflows on AI Worries
Taiwan, South Korea Drive Asian Outflows on AI Worries

Foreign investors sold Asian equities on a net basis for a ninth consecutive month in July, with heavy ​selling in Taiwan and South Korea as...


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