Economic news


Asia Stocks Attempt Rebound with Central Banks in Spotlight

Asia Stocks Attempt Rebound with Central Banks in Spotlight

Stocks climbed in Asian trading on Tuesday, ​pressing for a second day of gains as investors confronted a crowded central bank calendar and an unrelenting Middle East conflict. Markets ‌are on edge, trying to price in the economic damage from U.S. President Donald Trump's war w...


March 17, 2026
Gold Steady as Markets Track Iran Tensions, await Fed Decision
Gold Steady as Markets Track Iran Tensions, await Fed Decision

Gold prices held near steady on ​Tuesday, as market participants monitored the intensifying Iran conflict and ‌awaited the U.S. Federal...

Fans of Niche Japanese Crisps Brand Panic after Oil Shortage Halts Production
Fans of Niche Japanese Crisps Brand Panic after Oil Shortage Halts Production

Die-hard fans of a niche Japanese crisps brand ​took to the internet on Tuesday to lament a production ‌halt the snack maker Yamayoshi Seika...

Morocco CB Expects Stable Inflation as Holds Benchmark Rate at 2.25%
Morocco CB Expects Stable Inflation as Holds Benchmark Rate at 2.25%

Morocco's central bank kept its benchmark interest rate unchanged at 2.25% on Tuesday, saying inflation would ​remain moderate this year...

Oil Rises more than 1% after Renewed Iranian Attacks on UAE
Oil Rises more than 1% after Renewed Iranian Attacks on UAE

Oil prices rose by more than 1% on Tuesday, recovering some of the previous ​session's losses as Iranian attacks on the United Arab Emirates...

China's Fuel Export Ban to Further Tighten Asia Supply
China's Fuel Export Ban to Further Tighten Asia Supply

China's ban on exports of diesel, gasoline and jet fuel is poised to exacerbate fuel shortages and further boost prices for Asian industry ​and...

Ghana Weighs Local Bids for $1B Revival of Gold Fields' Damang Mine
Ghana Weighs Local Bids for $1B Revival of Gold Fields' Damang Mine

DAKAR, March 17 (Reuters) - Ghana is assessing three bids from local investors to take ‌over Gold Fields’ Damang gold mine, which...

Indonesia Holds Rates Steady, Signals Iran War Limits Room for Cuts
Indonesia Holds Rates Steady, Signals Iran War Limits Room for Cuts

Indonesia's central bank ‌kept its key interest rates unchanged on Tuesday and signalled little room for rate cuts ahead given the impact...

Nvidia Bets on AI Inference as Chip Revenue Opportunity Hits $1Tn
Nvidia Bets on AI Inference as Chip Revenue Opportunity Hits $1Tn

Nvidia said the revenue opportunity for its ​artificial intelligence chips may reach at least $1 trillion through 2027, as the company...

Rupee Stays on Defensive with Traders Glued to Oil Moves
Rupee Stays on Defensive with Traders Glued to Oil Moves

The Indian rupee was hemmed in a tight band on Tuesday as corporate dollar demand and ​worries over the hit from elevated energy prices were...

Asia Pivots to Coal, Middle East Conflict Chokes LNG Supply
Asia Pivots to Coal, Middle East Conflict Chokes LNG Supply

Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, ​industry officials say, as the U.S.-Israeli war...

Citigroup Cuts 12-mth BTC, ETH Targets as US Crypto Legislation Stalls
Citigroup Cuts 12-mth BTC, ETH Targets as US Crypto Legislation Stalls

Citigroup cut its 12-month forecast for bitcoin and ethereum, citing slow U.S. legislative progress that narrows the window for regulatory...

Iranian Oil Production and Exports Continue without Interruption, Official
Iranian Oil Production and Exports Continue without Interruption, Official

Iran's oil production and exports continue without ​interruption, a spokesperson for the ‌parliamentary energy commission said on Tuesday,...

US Dollar Firms on War Uncertainty; Aussie Wobbles after RBA
US Dollar Firms on War Uncertainty; Aussie Wobbles after RBA

The safe-haven U.S. dollar rose on Tuesday as the rapidly worsening ​war in the Middle East weighed on investor sentiment, while the...

Wall Street Ends Higher as Traders Return to AI Stocks
Wall Street Ends Higher as Traders Return to AI Stocks

Wall Street ended sharply higher on Monday, fueled by gains in AI-related stocks, with Meta Platforms climbing after a ​report that it is preparing...

US Govt Confirms Tesla and LG Energy Solution's $4.3B Battery Deal
US Govt Confirms Tesla and LG Energy Solution's $4.3B Battery Deal

The U.S. government on Monday said electric vehicle maker Tesla and South Korea's LG ​Energy Solution had signed a supply agreement...

Samsung Shares Rise after Nvidia's Huang Flags Tie-Up on new AI Chips
Samsung Shares Rise after Nvidia's Huang Flags Tie-Up on new AI Chips

Shares of Samsung Electronics rose as much ​as 5% on Tuesday after Nvidia CEO Jensen Huang said ‌the South Korean company was...

March 16, 2026
European Shares Snap 3-Day Losing Streak, Oil Prices Retreat
European Shares Snap 3-Day Losing Streak, Oil Prices Retreat

European shares rebounded after an early wobble on Monday as oil prices eased, ‌offering some relief to investors stung by the escalating...

US Manufacturing Output Increases; Homebuilder Sentiment Ticks Up
US Manufacturing Output Increases; Homebuilder Sentiment Ticks Up

U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imports, and the conflict in...

Banks Launch Sale of EA Buyout's $5.75 bln Cross-Border Loan
Banks Launch Sale of EA Buyout's $5.75 bln Cross-Border Loan

A JPMorgan-led group of banks on Monday began marketing to investors a $5.75 ​billion loan helping finance the leveraged buyout of ‌Electronic...

Bank of Russia to Cut Benchmark Rate by 50 bps amid Iran War Uncertainty, Analysts
Bank of Russia to Cut Benchmark Rate by 50 bps amid Iran War Uncertainty, Analysts

The Russian central bank is likely to cut its benchmark interest ​rate by 50 basis points to 15% at a meeting on March 20 as a ‌spike in...

ZAR Gains as Softer USD Offsets Reduced Fed Cut Hopes
ZAR Gains as Softer USD Offsets Reduced Fed Cut Hopes

The South African rand strengthened on Monday, ‌as a softer dollar helped offset fading hopes of a near-term interest rate cut by the ​U.S....

Jack Daniel's Maker Names Whirlpool Executive as new CFO
Jack Daniel's Maker Names Whirlpool Executive as new CFO

Jack Daniel's maker Brown-Forman on Monday named long-time Whirlpool executive Jim ​Peters as its new finance chief, effective ‌March...

Canada's Annual Inflation Rate Eases to 1.8% on Base Year Effect
Canada's Annual Inflation Rate Eases to 1.8% on Base Year Effect

Canada's ​annual inflation rate fell to 1.8% in February, driven by base year effects as prices ‌in the same period a year ago had risen...

UK Consumers Hit by Worries over War in Iran
UK Consumers Hit by Worries over War in Iran

British consumers have turned their least confident since the start of last year following ​the outbreak of war in the Middle East, financial...

Pound Edges Up as Investors Focus on Middle East and BoE
Pound Edges Up as Investors Focus on Middle East and BoE

The pound rose ​for the first time in a week on Monday, but uncertainty over the ‌longer-term impact on global growth and inflation from...

Pound is March's Surprise European Currency Outperformer, for Now
Pound is March's Surprise European Currency Outperformer, for Now

The pound is Europe's surprise currency market winner of the Iran war-induced market turmoil, supported by surging British short-term...

INR Averts Record Low on State-Run Banks' USD Sales; Oil Worries Persist
INR Averts Record Low on State-Run Banks' USD Sales; Oil Worries Persist

The Indian rupee was pinned near its all-time low on Monday, averting losses largely on the back ​of likely central bank intervention, via...

FTSE 100 Flat as Energy Gains Offset Broader Weakness
FTSE 100 Flat as Energy Gains Offset Broader Weakness

London's FTSE 100 was little changed on Monday, as gains ‌in energy shares offset weakness in other sectors amid Middle East tensions,...

UniCredit Launches Low-Premium Bid for Commerzbank in Effort to Secure Talks
UniCredit Launches Low-Premium Bid for Commerzbank in Effort to Secure Talks

UniCredit's Commerzbank tie-up plans have met with opposition UniCredit expects low take-up up of bid given small premium Aim of offer is to...

India's Trade Gap Shrinks before Middle East Turmoil Disrupts Commerce
India's Trade Gap Shrinks before Middle East Turmoil Disrupts Commerce

India's merchandise ‌trade deficit narrowed in February as imports eased from a month earlier, though economists have warned that the...

Stock Markets Cautious, Oil Gains on Hormuz Doubts; Traders await Cbanks
Stock Markets Cautious, Oil Gains on Hormuz Doubts; Traders await Cbanks

Investors were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, clouding an inflation outlook that should...

Dollar Pulls Back, Focus Turns to Busy Cenbank Week amid Mideast War
Dollar Pulls Back, Focus Turns to Busy Cenbank Week amid Mideast War

The dollar pulled back from 10-month peaks ​on Monday in a tentative start to a week that brings a slew of central bank meetings held under the...

Gold Falls as Inflation Fears Pressure Fed Rate-Cut Outlook
Gold Falls as Inflation Fears Pressure Fed Rate-Cut Outlook

Gold prices dipped on Monday, ‌pressured by concerns that surging oil costs could stoke inflation further and prompt a more hawkish policy...

Oil Rises, Attacks on Middle East Export Facilities Continue
Oil Rises, Attacks on Middle East Export Facilities Continue

Oil prices ‌rose on Monday as the U.S.-Israeli war on Iran continued to disrupt oil production and shipping in the Middle East, despite U.S....

Micron Plans 2nd Chip Facility at Newly Acquired Taiwan Site
Micron Plans 2nd Chip Facility at Newly Acquired Taiwan Site

U.S. memory chipmaker Micron Technology ​said on Monday it ‌plans to build a second manufacturing facility in ​Taiwan at the Tongluo site...

Foxconn's Profit Lags Estimates, it Forecasts Strong Revenue Growth
Foxconn's Profit Lags Estimates, it Forecasts Strong Revenue Growth

Taiwan's Foxconn, ​the world's largest contract electronics maker, said on Monday it expected strong revenue growth in the first quarter...

Bank of England to Play for Time, War Brings Inflation Heat
Bank of England to Play for Time, War Brings Inflation Heat

The Bank of England will choose its words even more carefully than usual this week ​alongside its expected decision to delay an interest rate cut...

Wall St Closes Lower, Posts Weekly Loss as War on Iran Fuels Inflation Worries
Wall St Closes Lower, Posts Weekly Loss as War on Iran Fuels Inflation Worries

U.S. stocks ended down on Friday, capping a week in ‌which erratic crude oil prices whipsawed equities, as investors gauged how the war in...

Energy Supply Worries to Keep INR, Bonds under Strain
Energy Supply Worries to Keep INR, Bonds under Strain

The Indian rupee and government bonds face another tough week as the Iran war disrupts global energy supplies and weakens investor demand for...

Warner Bros' Oscar Triumph Bittersweet Moment as Paramount Deal Looms
Warner Bros' Oscar Triumph Bittersweet Moment as Paramount Deal Looms

Warner Bros emerged as the biggest winner at the Academy Awards on Sunday, ​though the mood was clouded by its pending $110 billion sale to...

JD.com Launches Joybuy in Europe, Targeting Amazo
JD.com Launches Joybuy in Europe, Targeting Amazo

Chinese e‑commerce giant JD.com on Monday launched its ​Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium...

March 13, 2026
California Hit by much Higher Oil Prices as Iran War Stresses Refiners
California Hit by much Higher Oil Prices as Iran War Stresses Refiners

Fuel costs in California are soaring even more than in the rest of the U.S. due to several unique factors, with fallout from the war ​in...


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