Economic news

The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost...

Hyatt Hotels expects to quintuple its India footprint over the next five years, its chief executive said on Friday, as the U.S. hotel operator...

An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say,...

Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots...

Britain is on track to issue the lowest amount of long-dated government debt in two decades in the next financial year as it scales back overall...

Indonesia's trade surplus is expected to have widened in January from a month earlier as double-digit growth in exports offset higher imports,...

South Korea's exports likely rose for a ninth straight month in February as a global boom in artificial intelligence investment drove a surge...

Mexico's Becle, the world's largest tequila maker, on Thursday posted a 12.8% drop in its fourth-quarter net profit compared to a year...

Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a robot...

The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady...

Google on Thursday unveiled a successor to its viral Nano Banana image generation model, touting faster performance as the search-engine behemoth...

Investment firm Carlyle expects at least $200 billion in inflows between now and the end of 2028, a faster pace than the previous three years,...

The rouble is set to tumble by nearly a quarter this year after the government, faced with falling energy revenues, announced plans to save more...

Britain's FTSE 100 hit a record high on Thursday, lifted by Rolls-Royce after the engine maker raised its annual forecasts, while sentiment was...

The British pound edged lower on Thursday ahead of a local election in Manchester that could offer an early read on Prime Minister Keir...

The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in...

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a...

European Central Bank President Christine Lagarde hinted again at serving out her term to complete projects including the digital euro, in a fresh...

WPP will combine its agencies into a single integrated company under new CEO Cindy Rose's turnaround plan, targeting a return to growth in...

Stellantis on Thursday reported a net loss of 20.1 billion euros ($23.8 billion) for the second half of 2025, after multi-billion euro...

Europe's benchmark index hit a record high on Thursday, driven by upbeat corporate earnings from the likes of Schneider and Indra, while...

Ocado will cut about 1,000 jobs as part of a cost-saving drive aimed at helping the British technology and online grocery group turn cash-flow...

Man Group shares fell on Thursday after the London- listed hedge fund posted a rise in assets under management by over a third to a new...

The European Central Bank expects food inflation, which is crucial for consumers' perception of price stability, to settle just above its 2%...

Gold prices edged up on Thursday as uncertainty over U.S. tariff policy boosted the metal's safe-haven appeal, while investors awaited further...

British power company Drax Group beat annual profit expectations on Thursday, helped by strong pellet production in North America, and said it...

Oil prices inched up on Thursday as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though...

India's markets regulator on Thursday rolled out tougher mutual fund rules, tightening category definitions and capping portfolio overlap to...

The Bank of Japan must focus on the risk of an inflation overshoot in guiding monetary policy, hawkish board member Hajime Takata said on Thursday,...

The yen clawed back strength against the U.S. dollar during the Asian trading session on Thursday, while better-than-expected earnings from Nvidia...

South Korea's central bank stood pat on interest rates on Thursday and signalled policy would stay unchanged for the next six months as a chip...

Indian shares inched higher in early trade on Thursday, led by IT stocks as robust Nvidia earnings buoyed Asian tech stocks and lifted sentiment,...

Oil prices held near seven-month highs on Wednesday as investors weighed up the threat to oil supply from potential military conflict between the...

Italian oil contractor Saipem is ready to resume activities in Venezuela after the easing of U.S. sanctions as it expects demand emerging from...

Santander aims to hike its profit by over 40% in the next three years to above 20 billion euros, helped by growth in its U.S. and UK markets,...

Britain's FTSE 100 touched a fresh peak on Wednesday after lender HSBC lifted a key earnings target, while easing concerns about the impact of...

Private home prices in Hong Kong rose 0.5% in January, the eighth consecutive month of increase, strengthening signs of a housing recovery as...

Sportswear brand On Running has opened a factory in Busan, South Korea using robots to make running shoes and plans more robot factories in the...

Sterling edged up against the dollar and the euro on Wednesday, with investors keeping a close eye on interest-rate divergence and market...

British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it strives to recover from the impact...

The Indian rupee ended nearly flat on Wednesday as dollar demand spurred by maturing contracts in the non-deliverable forwards market blunted...

European shares rose to a high on Wednesday, underpinned by a rebound in financials after British bank HSBC raised a key lending target, while...