Economic news

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

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

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

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

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...

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

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

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

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...

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

Foreign direct investment in Germany rose by 50% in ​2025 compared with the previous year, helped ‌by a surge in inflows from Britain that...

Australian casino operator Star Entertainment reported a bigger-than-expected annual loss on Monday and warned that conditions would stay...

U.S. President Donald Trump ​is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan's...

Wall ​Street's main indexes ended lower on Friday, with investors turning cautious after Federal Reserve Chair Kevin Warsh reiterated the...

The U.S.-Taiwan relationship has "never been stronger" and Taiwan is helping to re-industrialise the United States with its tech...

China's three biggest state-owned airlines reported first-half losses for the seventh consecutive year, battered by surging jet fuel prices,...

Barclays expects the U.S. Federal Reserve to raise interest rates by 25 basis points ​in September and again in December after Chair Kevin...

U.S. employment grew slightly less than previously estimated in the 12 months through March, the government said on Friday, suggesting the modest...

Russian gas producer Gazprom's first-half profit reached 864 billion roubles ($10 billion) around 12% lower than a year ​ago, the company...

PayPal shares fell 12% in ​morning trading on Friday, after reports that a consortium of buyout firm Advent International and payment...

Aug 28 (Reuters) - Shares of French quantum-computing company Pasqal rose by as much as 73% ​in their Nasdaq debut on Friday before paring gains to...

Gap's shares jumped as much as 24.1% to a four-month ​high, after the apparel retailer named industry veteran Michael Francis as CEO of...

Canada's economy rebounded sharply ​in the second quarter after six months of virtually no growth, aided by a strong jump in exports and solid...

Blackstone has proposed to sell up ​to 25.03% of Indian real estate investment ‌trust Knowledge Realty Trust in an offer for sale,...

Institutional investors are increasing allocations to private credit in Asia. Granite Asia raised more than $500 million for a pan-Asian strategy...

U.S. equity funds recorded their largest weekly outflow in five months in the week to August 26, ​as investors reassessed the outlook for...

India's industrial output growth slowed to 6.7% year-on-year in July, data ​showed on Friday, as mining activity contracted, with...

Japanese authorities spent a ​record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to...

India's markets regulator approved billionaire Mukesh Ambani-owned Jio Platforms' $3.8 ​billion initial public offering on Friday,...

UK stocks edged higher on Friday as investors digested several corporate updates and awaited Federal Reserve Chair Kevin Warsh's speech at the...

Sterling was headed for its first weekly drop ​against the dollar in more than a month on Friday as expectations for a Bank ‌of England...

Alphabet's Google on Friday said it had changed its spam policy, opens new tab in Europe to ​address EU concerns that could have...

Oil prices held steady on Friday but were on track for a weekly drop as traders weighed stagnant U.S.-Iran diplomatic talks against some crude...

Gold prices ticked up on Friday, with ​investors looking out for Federal Reserve Chair Kevin Warsh's remarks at the ‌Jackson Hole...

The U.S. dollar held firm near a one-week high against major peers ​on Friday, as investors stood on the sidelines ahead of Federal...

The number of unemployed people in Germany rose slightly less ​than expected in August, labour office figures showed ‌on Friday. In...

China's factory activity is expected to have contracted for a second straight month in ​August, a Reuters poll showed on Friday, indicating...

Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the...

South Korean exports likely extended their robust growth in August to mark a 15th consecutive ​month of gains, driven by surging global demand...