Economic news

Volkswagen CEO Oliver Blume warned on ‌Friday that the car sector's problems would only intensify in the coming years, arguing deep cost...

CCSH Corporation, the parent of Chinese flash-memory chipmaker Yangtze Memory Technologies Co, has taken a major step towards ‌a Shanghai...

Canada's retail sales rose 0.6% in June, beating an average analyst expectation of ​0.4%, as sales jumped at clothing and general merchandise...

Money markets are bracing for an increasingly hawkish European Central Bank, wagering that geopolitical tensions will complicate ​its inflation...

India's foreign exchange reserves climbed to $716.9 billion, their highest levels in about six months as ​of the week to August 14, data...

Gold was set to rise ​for a third consecutive week on Friday, scaling an over three-month high and breaching its ‌200-day moving average,...

China will revise measures for managing outbound investment to better ​protect investors' rights and assets and fend ‌off risks overseas,...

Ross Stores' shares surged nearly 9% in premarket trading on Friday, after the value retailer raised annual guidance and projected...

The British pound was on track for its fourth consecutive ‌weekly gain on Friday, helped by a feeble dollar and recent economic momentum that...

  The FTSE 100 was set to end a bumpy week on a subdued note, as investors weighed mixed economic data on Friday against a backdrop of...

India's ICICI Bank said on ​Friday its board approved doubling ‌the limit for overseas borrowings to $5 billion, as the country's...

 Britain's government recorded an unexpected budget deficit last month, a reminder of the financial constraints facing new finance...

Britain's services sector, the engine of its economy, perked up unexpectedly this month, according to a survey on Friday that added to signs of...

Oil prices ‌edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to...

The dollar slipped on Friday ​and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's ‌efforts to calm...

British retail sales fell back as expected in July after a surge in June when hot weather boosted demand for fans and air conditioners and...

Japan's core consumer inflation accelerated ​in July from a year earlier as firms passed on rising import costs from a weak yen ‌and the...

Indian appliances maker Atomberg Technologies has filed for an initial public offering comprising a fresh issue ​of shares worth up to 4.5 billion...

China's Ping An Insurance reported a better-than-expected rise of 36% year-on-year in first-half net profit, as ‌buoyant capital...

Most Asian share indices were heading for weekly falls on Friday as stress in global bond markets showed little sign of abating, while diplomatic...

India's private sector activity edged slightly higher in August from an over four-year low as a rebound in services ​growth offset the weakest...

Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing ​litigation over alleged harms linked to its...

Canada ‌and the United States are "very close" to agreeing a trade deal that could help reduce months of tariffs and...

Walmart on Thursday reported its slowest quarterly comparable sales growth in six years ​and warned shoppers were likely being squeezed by...

European shares inched lower on Thursday, as elevated oil prices kept inflation worries alive, while a recovery in global bonds after a U.S....

Deere, the world's largest farm equipment manufacturer, raised its full-year ‌net income forecast on Thursday and posted its first rise in...

Chinese exports of rare earth yttrium to the U.S. rose in July, Chinese customs data showed on Thursday, possibly giving ​some reprieve to U.S....

The ​U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars...

Britain's statistics office said on Thursday that the economy grew slightly faster in 2023 and 2024 than previously thought, making ​economic...

Even if artificial intelligence boosts productivity, it may not lower inflation, the International Monetary Fund's new chief...

A gauge of British factory orders rose this month to reach its highest level since November ​2024, adding to wider signs of resilience in ‌the...

The UK's FTSE 100 slipped on Thursday, as JD Sports plunged after issuing a downbeat forecast, while a rebound in government bond yields put...

Depleted German rivers are disrupting the transport of goods across Europe's largest economy, ​hampering an already timid recovery, the...

The Indian rupee lumbered in a thin range on Thursday, with both positive and ​negative global cues having limited impact on the currency ‌as...

The British pound rose ​to a six-month high against a stuttering dollar on Thursday, a day after the U.S. ‌Treasury took a surprise measure to...

Gold fell on Thursday as ​investors booked profits after prices climbed to a more than two-month peak ‌on a surprise U.S. Treasury...

The CEO of Chinese humanoid robot unicorn Unitree said on ​Thursday the industry is edging towards a "ChatGPT moment" for robot...

German producer prices rose at their fastest pace in over three years ​in July, driven by higher costs for intermediate ‌goods and energy, the...

The U.S. dollar stood at three-month lows on Thursday after the Treasury ​Department moved to calm a bond market rout that had...

Oil ​prices climbed on Thursday on concerns the impasse in the U.S.-Israeli war against Iran ‌will continue to disrupt supply from...

Global bonds rebounded on Thursday after the U.S. Treasury stepped in to stem a rout in its debt ​market, soothing investor nerves and sending the...

India's securities regulator on Wednesday banned two firms from the market for allegedly manipulating trades on a newly launched ​closing-price...