Economic news

U.S. producer prices were unchanged in July as goods prices fell and the cost of services increased marginally, bolstering financial market...

British retail tycoon Mike Ashley's ‌Frasers bought Harvey Nichols out of administration on Thursday, helping keep the struggling...

Second-quarter profit expectations for Europe's blue-chip companies have risen for an eighth consecutive week, putting the region on track ​for...

Gold pared losses on Thursday after falling nearly 1% ‌earlier in the session, as the U.S. producer price data matched expectations and...

Britain's economy is showing the clearest signs yet that it is benefitting from the global artificial intelligence boom, with data on Thursday...

India's Jubilant ​FoodWorks said on Thursday its Popeyes fried chicken chain is emerging as a ‌second growth engine, while efforts to...

India's merchandise trade deficit widened more than expected to a six-month high ‌of $31.98 billion in July, as the Middle East war...

The pound held steady on Thursday and remained on track for a third weekly gain as burgeoning confidence in the ​UK economy was reinforced by data...

China's Lenovo Group reported a 43% jump in quarterly revenue on Thursday, beating forecasts to drive shares ​up as much as 22%, as the...

Chinese chip designer Kiwimoore has confidentially filed ​for a Hong Kong initial public offering, ‌targeting a valuation of about $2 billion,...

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

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

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...

Aug 13 (Reuters) - Indonesian ride-hailing giant GoTo Gojek Tokopedia will be removed from MSCI's Indonesia ​index at the end of this...

South Korea said on Thursday it would raise financial support for construction projects and ease regulations ​for young homebuyers as part of...

Thailand's economic growth likely slowed sharply in the second quarter, while the economy ‌contracted on a quarterly basis, a Reuters poll...

Asian stocks climbed on Thursday as tame U.S. inflation data cooled expectations of a Federal Reserve rate hike next month, ‌while oil slipped...

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

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...

The operator of Starbucks Korea posted an operating loss in the second ​quarter as sales fell after backlash over ‌a marketing campaign that...

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

The S&P 500 and the Nasdaq ended higher on ​Wednesday, lifted by upbeat quarterly results from CoreWeave and other AI infrastructure firms,...

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

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

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

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

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

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

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

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

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 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...

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

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

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

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