Economic news


US Job Openings Rise to 2-Year High, Hiring Still Struggling

US Job Openings Rise to 2-Year High, Hiring Still Struggling

U.S. job openings edged up to a two-year high in May, but subdued hiring soured consumers' perceptions of the labor market, with the share viewing employment as "hard to get" surging to nearly a 5-1/2-year high in June. Economists said ​the mixed reports on Tuesday suggested th...


July 1, 2026
London's FTSE 100 Inches Lower as Middle East Concerns Weigh
London's FTSE 100 Inches Lower as Middle East Concerns Weigh

The UK's blue-chip FTSE 100 slipped on Wednesday, with healthcare and energy shares leading declines, as investors monitored the ​latest...

General Mills Beats Estimates on High Prices, Steady Demand
General Mills Beats Estimates on High Prices, Steady Demand

General Mills posted better-than-expected fourth-quarter results on Wednesday, ‌helped by higher prices and resilient demand for pantry...

Kroger to Buy Giant Eagle in $1.65 Billion Deal
Kroger to Buy Giant Eagle in $1.65 Billion Deal

U.S. grocer Kroger said on Wednesday it would buy regional supermarket chain ​Giant Eagle in a $1.65 billion deal, strengthening its presence...

Gold Lingers Near 7-Month Low on Rate Hike Bets
Gold Lingers Near 7-Month Low on Rate Hike Bets

Gold steadied on ​Wednesday, but hovered near a seven-month low hit in the previous session ‌as rising U.S. Treasury yields and growing bets...

BYD's Sales Rise for Second Month, Buoyed by Exports
BYD's Sales Rise for Second Month, Buoyed by Exports

Chinese electric vehicle maker BYD posted a second consecutive month of global sales growth in June, as ​a surge in exports helped offset weak...

Nike Slips as China Woes Hold Off Turnaround Hopes
Nike Slips as China Woes Hold Off Turnaround Hopes

Nike shares slipped nearly 4% in premarket trading on Wednesday, as investors fretted over the slower-than-expected turnaround at the...

GBP Falls as USD Forges Higher ahead of Fed's Warsh Comments
GBP Falls as USD Forges Higher ahead of Fed's Warsh Comments

The pound fell for ​the first time in a week on Wednesday in the face of a robust dollar, which got ‌a lift from a rise in U.S. Treasury...

BDx Says Open to an IPO as AI Boom fFels Asia Expansion
BDx Says Open to an IPO as AI Boom fFels Asia Expansion

Singapore's BDx Data Centers said an initial public offering is among its options as it seeks capital to ​expand across Asia and make the most...

Rupee to Stay Weak Despite RBI Dollar Measures: Poll
Rupee to Stay Weak Despite RBI Dollar Measures: Poll

The Indian rupee will remain weak against the U.S. dollar over the coming months despite expectations that recent measures announced by the Reserve...

World Shares Ease, Yields Rise as Yen Hits 40-Year Low
World Shares Ease, Yields Rise as Yen Hits 40-Year Low

World shares started the third quarter cautiously on Wednesday ahead of ​key U.S. jobs data, as uncertainty over U.S.-Iran negotiations...

UK House Prices Flat in June, Outlook Brightens: Nationwide
UK House Prices Flat in June, Outlook Brightens: Nationwide

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are...

Indonesia Posts First Trade Deficit in Six Years
Indonesia Posts First Trade Deficit in Six Years

Indonesia posted a trade deficit of $1.61 billion in May, its ​first in six years, as exports unexpectedly fell due to lower commodity shipments,...

Asian Airlines' Europe Windfall Fades as Gulf Rivals Rebound
Asian Airlines' Europe Windfall Fades as Gulf Rivals Rebound

Asian airlines that gained passengers and charged higher fares on European routes ​after the start of the Iran conflict are...

Yen Sinks to 40-Year Low as Dollar Rally Gets Yield Boost
Yen Sinks to 40-Year Low as Dollar Rally Gets Yield Boost

The dollar hit a 40-year high against the yen on ​Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data...

Global Funds Revisit Indian Stocks; Oil, Rupee Risks Recede
Global Funds Revisit Indian Stocks; Oil, Rupee Risks Recede

Global fund managers are reassessing their retreat from Indian equities ​as a swift drop in oil prices to pre‑Iran war levels and measures to...

China Resale Home Prices Fall Faster in June, Private Survey
China Resale Home Prices Fall Faster in June, Private Survey

China's resale home prices fell at a ​faster pace in June, ‌a private survey showed on Wednesday, as the country's prolonged ​property...

S.Korea Factory Growth Slows as Export Demand Weakens: PMI
S.Korea Factory Growth Slows as Export Demand Weakens: PMI

South Korea's factory activity expanded in June for the seventh consecutive month, ​though at a slower pace than the ‌previous month on...

Japan Manufacturing Caps Best Quarter Since 2014: PMI
Japan Manufacturing Caps Best Quarter Since 2014: PMI

TOKYO, July 1 (Reuters) - Japan's manufacturing sector expanded in June, sealing its best quarterly performance since early 2014, as new orders...

S.Korea Exports Hit Record Growth Since 1978 on AI Chip Boom
S.Korea Exports Hit Record Growth Since 1978 on AI Chip Boom

South Korea's exports expanded at the strongest pace in ‌nearly half a century last month, smashing forecasts, on a surge in chip sales...

S&P 500, Nasdaq Hit Best Quarter Since 2020
S&P 500, Nasdaq Hit Best Quarter Since 2020

The S&P 500 and Nasdaq finished June on ​Tuesday with their biggest quarterly gains since 2020 as investors remained upbeat about economic and...

UK may Intervene in $110 Billion Paramount-WBD Deal
UK may Intervene in $110 Billion Paramount-WBD Deal

Britain said on Tuesday it could intervene in Paramount Skydance Corp's proposed takeover of Warner Bros Discovery, potentially...

Japan's Top Business Mood Hits 8-Year High, Backs BOJ Hikes
Japan's Top Business Mood Hits 8-Year High, Backs BOJ Hikes

Japanese business mood ​climbed to an eight-year high and corporate inflation expectations rose to record levels, a quarterly survey showed,...

June 30, 2026
Deutsche Bank Sells India Retail Business to Kotak Mahindra
Deutsche Bank Sells India Retail Business to Kotak Mahindra

Deutsche Bank said on Tuesday that ​Kotak Mahindra Bank would acquire its ‌retail banking and wealth management business in India,...

India's April-May Fiscal Deficit at 9.6% of Full-Year Target
India's April-May Fiscal Deficit at 9.6% of Full-Year Target

India's fiscal deficit in April-May was ​at 1.62 trillion rupees ($17.11 billion), ‌or 9.6% of the estimate for the financial year...

India Inflation may Stay Low as Commodity Prices Ease: Govt
India Inflation may Stay Low as Commodity Prices Ease: Govt

Inflation in India ​may remain relatively contained ‌in the coming months as global commodity prices ease, ​the monthly economic report...

Russian Economic Pessimism Hits 20-Year High: Gallup
Russian Economic Pessimism Hits 20-Year High: Gallup

Russians are more pessimistic about the state of their economy than at any time in the past 20 years, and a majority say living standards are...

BlackRock Cools on EM, Eyes Euro Government Debt
BlackRock Cools on EM, Eyes Euro Government Debt

The BlackRock Investment Institute (BII) said on Tuesday it had become less bullish on the ​outlook for emerging market stocks and hard-currency...

Canada GDP Rebounds with 0.5% Growth in Apr on Monthly Basis
Canada GDP Rebounds with 0.5% Growth in Apr on Monthly Basis

Canada's economy rebounded more than expected in April, data showed on Tuesday, following a slight contraction in the previous month, allaying...

Tokyo Keeps Powder Dry as 'Line in the Sand' on Yen Shifts
Tokyo Keeps Powder Dry as 'Line in the Sand' on Yen Shifts

The yen's break through a long-defended 162-per-dollar level to its weakest in four decades has reinforced expectations Japan may tolerate more...

GBP Snaps 3-Day Winning Streak vs USD, Holds Firm vs EUR
GBP Snaps 3-Day Winning Streak vs USD, Holds Firm vs EUR

The pound strengthened against the euro and dipped against the dollar on Tuesday as traders positioned for a likely Andy Burnham premiership in...

Rupee Logs 1st Quarterly Gain in 5 on Oil Drop, Salvo
Rupee Logs 1st Quarterly Gain in 5 on Oil Drop, Salvo

The Indian rupee logged its first quarter-on-quarter gain since March 2025, even though it slipped on Tuesday, thanks to ​a sharp retreat in oil...

StanChart Names new Europe and UK CEO
StanChart Names new Europe and UK CEO

Standard Chartered has appointed Margaret Harwood-Jones as its CEO for Europe and the UK, ​a newly created role overseeing both markets...

ECB's Inflation Fears Linger Despite Oil Price Retreat
ECB's Inflation Fears Linger Despite Oil Price Retreat

European Central Bank policymakers welcomed the recent drop in oil ‌prices on Tuesday but warned that energy costs remain high and the shock...

Tech Selloff Stirs Bubble Fears in US Stock Market
Tech Selloff Stirs Bubble Fears in US Stock Market

Soaring stock market valuations, dramatic swings in the market value of trillion-dollar companies, and periodic sharp...

Barclays Buys £750M Canary Wharf HQ Lease
Barclays Buys £750M Canary Wharf HQ Lease

Barclays has bought a 999-year lease for its ​global headquarters in Canary Wharf in London for £750 ‌million ($992.8 million),...

French Inflation Hits ECB Target in June as it Slows
French Inflation Hits ECB Target in June as it Slows

June 30 (Reuters) - French inflation slowed in ​June for the first time this year, ‌pulling back from a more than two-year high as energy...

UK Economy Grows as Expected before Iran War Impact, ONS
UK Economy Grows as Expected before Iran War Impact, ONS

Britain's economy grew robustly in the first quarter ‌of 2026, official data confirmed on Tuesday, but households were squeezed even...

Japan's Nikkei Clocks Best Quarter on Record on Tech Rebound
Japan's Nikkei Clocks Best Quarter on Record on Tech Rebound

Japan's Nikkei share average climbed ​on Tuesday, powered by a rebound in technology stocks ‌that have helped drive the...

Gold Faces Biggest Monthly Drop since 2008 on Fed
Gold Faces Biggest Monthly Drop since 2008 on Fed

Gold prices ‌slipped on Tuesday and were on track for their biggest monthly decline since October 2008, as uncertainty in the Middle East gave...

Oil to End June Down about 20% as Investors Focus on Doha
Oil to End June Down about 20% as Investors Focus on Doha

Oil prices dipped around 1% on Tuesday, reversing the previous ‌session's gains, and were poised for a monthly decline, with investors...

Ionic Digital Files for Nasdaq Direct Listing
Ionic Digital Files for Nasdaq Direct Listing

Bitcoin miner and AI infrastructure firm Ionic Digital filed on Monday to go public through a ​direct listing. The company was formed in...

Adani Ports Sells 49% Stake in Indian Port to MSC for $1.4B
Adani Ports Sells 49% Stake in Indian Port to MSC for $1.4B

India's Adani Ports and Special Economic ​Zone said on Tuesday that ‌Switzerland's MSC Group will acquire a 49% stake in its...


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