Economic news


Japan 10-Yr Bond Yield Hits 3% for First Time in 30 Years

Japan 10-Yr Bond Yield Hits 3% for First Time in 30 Years

Japan's benchmark 10-year bond yield hit 3% on Tuesday for the first time since September 1996, pushed higher by investor concerns about ‌inflation, fiscal health and mounting pressure on the central bank to hike interest rates faster. With the Middle East crisis stoking inflation f...


September 1, 2026
Dollar Gains, Yen Hits 160; Iran Tensions Fuel Bond Selloff
Dollar Gains, Yen Hits 160; Iran Tensions Fuel Bond Selloff

The dollar strengthened on Tuesday as renewed ​U.S.-Iran hostilities fuelled inflation worries and sparked a global bond selloff, while...

Oil Up more than 2% as US-Iran Strikes Fuel Supply Fears
Oil Up more than 2% as US-Iran Strikes Fuel Supply Fears

Oil prices rose more than 2% on Tuesday as a resumption in fighting between the ‌United States and Iran in the Middle East renewed fears of...

Fervo Deal with Google Drives 396-MW Geothermal Expansion
Fervo Deal with Google Drives 396-MW Geothermal Expansion

Geothermal developer Fervo Energy said on Tuesday it had signed a deal to ​supply 396 megawatts of geothermal power ‌to Alphabet's...

Pound Slips Despite Gilt Yield Jump as Investors Eye Dollar
Pound Slips Despite Gilt Yield Jump as Investors Eye Dollar

Sterling slipped on ​Tuesday as investors returned from a long holiday weekend to a global bond selloff ‌that pushed British...

Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million
Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million

Sept 1 (Reuters) - Keurig Dr Pepper said on Tuesday it would sell its investment ​in Chobani back to the ‌yogurt maker for $925 million,...

RBI Action, Dollar Inflows Lift Indian Rupee to 2-Month High
RBI Action, Dollar Inflows Lift Indian Rupee to 2-Month High

The Indian rupee surged to a two-month high against the U.S. dollar on Tuesday, powered by aggressive central ​bank intervention and supported by...

Factory Activity Bounced in August on Asian AI Expansion
Factory Activity Bounced in August on Asian AI Expansion

Global factory activity was humming ​last month as surging demand for AI hardware kept Asian factories busy while new orders in Europe...

Destry, First Female Indonesia Bank Chief, Raises Forecast
Destry, First Female Indonesia Bank Chief, Raises Forecast

Indonesia's parliament voted on Tuesday to appoint Destry Damayanti as the ​first woman to head the central bank, and she announced...

London Stocks Fall as Gilt Yields Rise; Reckitt Gains
London Stocks Fall as Gilt Yields Rise; Reckitt Gains

London's FTSE indexes fell on Tuesday as Middle East tensions pushed global bond yields higher on inflation concerns, while Reckitt Benckiser...

Gold Drops Over 1% as Yields Rise Ahead of US Jobs Data
Gold Drops Over 1% as Yields Rise Ahead of US Jobs Data

Gold fell ​more than 1% on Tuesday, pressured by elevated U.S. Treasury yields, while markets ‌awaited key U.S. labour market data for fresh...

Euro Zone Inflation Exceeds 3%, Cementing ECB Rate Hike
Euro Zone Inflation Exceeds 3%, Cementing ECB Rate Hike

Euro zone inflation rose back above 3% in August on higher energy costs, cementing an already ​solid case for another European Central Bank...

Indonesia Swings Back to Trade Surplus in July
Indonesia Swings Back to Trade Surplus in July

Indonesia posted its first trade surplus in three months in July as exports rose faster ‌than expected, although analysts warned that strong...

LSEG Plans Tokenised UK Shares in Payward Partnership
LSEG Plans Tokenised UK Shares in Payward Partnership

London Stock Exchange Group plans to launch tokenised UK shares to expand global access to London-listed shares, it said on Tuesday, and will...

India Preparing Rollout of Agentic Payments on UPI, Sources
India Preparing Rollout of Agentic Payments on UPI, Sources

India is ​preparing a framework that would let AI agents make small digital payments without approval for every ‌transaction, three sources...

UK Mortgage Approvals Fall to Lowest Since Jan 2024: BoE
UK Mortgage Approvals Fall to Lowest Since Jan 2024: BoE

British lenders approved the fewest mortgages for house purchase since ​January 2024 in July and consumer lending grew ‌more than expected,...

Global Bond Rout Deepens as Japan Yield Hits Key Threshold
Global Bond Rout Deepens as Japan Yield Hits Key Threshold

Japan's benchmark 10-year bond yield struck the key 3% barrier for the first time ​since 1996 on Tuesday, amid a deepening global debt selloff...

Euro Zone Factory Growth Hits 4-Yr High in August: PMI
Euro Zone Factory Growth Hits 4-Yr High in August: PMI

Growth in the euro zone's manufacturing sector hit its fastest pace in more than four years in August, driven by the strongest rise in new...

Bond Selloff Deepens as Rising Energy Prices Fuel Inflation
Bond Selloff Deepens as Rising Energy Prices Fuel Inflation

Global bond yields hit major new highs on Tuesday as renewed fighting ​in the Middle East lifted oil prices and investors worried about...

German Factory Growth Quickens in August on Order Surge: PMI
German Factory Growth Quickens in August on Order Surge: PMI

BERLIN, Sept 1 (Reuters) - Germany's manufacturing sector accelerated in August, as a jump in new orders drove the strongest ​production growth...

Capri Global Taps Dollar Debt Market in Debut Issue
Capri Global Taps Dollar Debt Market in Debut Issue

India's Capri Global Capital has initiated the procedure to borrow in dollars in what would be its first ever foreign currency ​debt...

UK Finance Chief Targets Higher Defence Spending in Spring
UK Finance Chief Targets Higher Defence Spending in Spring

British finance minister John Healey told The Times newspaper he would set out a "clear path" ​to higher defence spending at the...

S. Korea Eyes Record $597B 2027 Budget to Boost AI Spending
S. Korea Eyes Record $597B 2027 Budget to Boost AI Spending

South Korea on Tuesday unveiled ‌its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821...

UK House Prices Rise in August Despite Headwinds, Data Shows
UK House Prices Rise in August Despite Headwinds, Data Shows

British house prices rose in August, according to data from mortgage lender Nationwide ​Building Society on Tuesday that suggested demand held up...

Wall Street Falls as Oil Jumps, but Logs Monthly Gains
Wall Street Falls as Oil Jumps, but Logs Monthly Gains

U.S. stocks weakened on Monday, with Wall Street turning the page on a volatile ​month as a war-related jump in crude prices revived inflation...

August 31, 2026
India’s ONGC to Invest $10.5B in Deepwater Exploration
India’s ONGC to Invest $10.5B in Deepwater Exploration

India's Oil and Natural Gas Corp aims to invest 1 trillion ​rupees ($10.51 billion) over five years to explore its local deepwater...

Gold Slips to near Two-Week Low on Fed Rate Hike Bets
Gold Slips to near Two-Week Low on Fed Rate Hike Bets

Gold fell on ‌Monday, hovering near a two-week low, as investors assessed growing expectations of a Federal Reserve rate hike following...

OpenAI's Ad Business Hits $1 bln Annualized Revenue Run Rate
OpenAI's Ad Business Hits $1 bln Annualized Revenue Run Rate

OpenAI on Monday said ChatGPT Ads, the company's advertising business, has reached $1 billion in annualized revenue run rate, ​as adoption...

Shein Prices Hong Kong IPO at Midpoint, Raises $1.74B
Shein Prices Hong Kong IPO at Midpoint, Raises $1.74B

Shein on Monday priced its ​initial public offering in Hong Kong ‌at the midpoint of its marketed range, raising HK$13.60 billion ($1.74...

Nvidia to Invest $3.5B in MediaTek, Expand Partnership
Nvidia to Invest $3.5B in MediaTek, Expand Partnership

Nvidia said on Monday it was investing $3.5 billion in Taiwan's MediaTek, the latest deal to widen its financial ties ​across the AI...

India Growth Forecasts as Investment Surges in April-June
India Growth Forecasts as Investment Surges in April-June

India's economy expanded 7.8% ​year-on-year in the April-June quarter, blowing past forecasts as an investment boom and manufacturing strength...

High Food Inflation May Curb Non-Food Spending in India
High Food Inflation May Curb Non-Food Spending in India

Higher food inflation ​could squeeze spending on non-food ‌discretionary items by absorbing a larger share of household disposable income, the...

India's GDP Grows Better-than-Expected at 7.8% in April-June
India's GDP Grows Better-than-Expected at 7.8% in April-June

India's economy grew 7.8% in the April-June quarter, government data showed on Monday, comfortably beating expectations as a surge in...

Huawei H1 Profit Drop Quickens to 36% on High Costs, R&D
Huawei H1 Profit Drop Quickens to 36% on High Costs, R&D

China's Huawei Technologies reported a 36% ‌plunge in first-half net profit on Monday as soaring input costs and heavier spending on...

MSCI Rejig Drives India Stock Volume Amid Auction Swings
MSCI Rejig Drives India Stock Volume Amid Auction Swings

A quarterly MSCI rebalancing, seen as the first major stress test for India's new stock closing pricing system, drove about $4.1 billion of...

China Reins In Yuan as Weak Domestic Demand Clouds Outlook
China Reins In Yuan as Weak Domestic Demand Clouds Outlook

China is slowing down a long rally in the yuan and is likely to keep further currency gains to a minimum this year, market participants say, as...

Shein Shares Fall more than 10% in Pre-Debut Trading
Shein Shares Fall more than 10% in Pre-Debut Trading

Shares of online fast-fashion retailer Shein slumped more ​than 10% in gray-market trading on Monday, ‌one day ahead of its Hong Kong...

Europe Stocks Edge Lower as Oil Jumps; Monthly Gain in Sight
Europe Stocks Edge Lower as Oil Jumps; Monthly Gain in Sight

European shares inched ​lower on Monday as fresh U.S.-Iran military strikes pushed oil prices and bond yields higher, while ‌the benchmark...

Dollar Slips on Fed Rate Outlook; Yen Hovers Near 160
Dollar Slips on Fed Rate Outlook; Yen Hovers Near 160

The dollar inched lower on Monday, but remained near a roughly two-week high, as markets ramped up bets on a rate hike ​after hawkish remarks from...

European Bankers Fear More Turbulence in U.S. Relations
European Bankers Fear More Turbulence in U.S. Relations

Europe's central bankers are leaving an annual getaway with their U.S. counterparts far from reassured that long-standing norms in global...

Oil Rises as US, Iran Resume Military Attacks
Oil Rises as US, Iran Resume Military Attacks

Oil prices were trading nearly 2% higher on Monday after the U.S. attacked ‌an Iranian island in the Strait of Hormuz and drew retaliation...

Shares Ease in Asia as Oil Climbs, Yields Stay High
Shares Ease in Asia as Oil Climbs, Yields Stay High

Share markets slipped in Asia on Monday as fresh fighting broke out between the U.S. and Iran, ​lifting oil prices, while bond yields...

Swiss Bankers Expect SNB to Hold Rates Through 2027
Swiss Bankers Expect SNB to Hold Rates Through 2027

Swiss bankers expect the Swiss National Bank to keep ​its key interest rate on ‌hold at 0% this year and into 2027, according to a survey by...


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