Economic news


India May Silver Imports Hit 3-Year Low on Curbs

India May Silver Imports Hit 3-Year Low on Curbs

India's silver imports plunged 87% in May from a year earlier to their lowest level in more than three ​years, government data showed on Monday, after the world's largest ‌consumer of the metal tightened curbs on imports in nearly all forms. Lower imports by India, which meets m...


June 15, 2026
AmEx to Buy Tripadvisor's Restaurant Unit for $700M
AmEx to Buy Tripadvisor's Restaurant Unit for $700M

American Express will buy restaurant booking platform TheFork from ‌Tripadvisor in an all-cash deal worth $700 million, the...

Salesforce Deepens AI Automation Push with $3.6B Fin Buyout
Salesforce Deepens AI Automation Push with $3.6B Fin Buyout

Salesforce on Monday said it will buy autonomous AI agent platform ​Fin for about $3.6 billion, bolstering its Agentforce offering as...

RBI Tightens Rules to Curb Mis-Selling, Bans Dark Patterns
RBI Tightens Rules to Curb Mis-Selling, Bans Dark Patterns

The Reserve Bank of India on Monday issued rules to curb mis-selling of financial products by lenders, banning deceptive marketing tactics ​and...

IMF Chief sees no Global Slowdown Yet, but Risks are High
IMF Chief sees no Global Slowdown Yet, but Risks are High

The world economy is so far weathering the shock of the war in the Middle East despite a ​surge in commodity prices, higher inflation and strains...

Gold Gains more than 3% as US, Iran Reach Peace Deal
Gold Gains more than 3% as US, Iran Reach Peace Deal

Gold prices rose more than ​3% on Monday, climbing to an over one-week peak after Iran ‌and the U.S. agreed to halt their war, a move that...

US Homebuilder Sentiment Falls in June amid Rising Costs
US Homebuilder Sentiment Falls in June amid Rising Costs

U.S. homebuilder sentiment fell in June, weighed down by higher mortgage rates and costs for construction materials, a survey showed on...

Investors Choosier on Private Markets after Turbulence
Investors Choosier on Private Markets after Turbulence

ZURICH, June 15 (Reuters) - Institutional investors are looking more closely at private market investments after recent turbulence at firms such as...

India May Trade Gap Narrows; US Trade Talks in Focus
India May Trade Gap Narrows; US Trade Talks in Focus

India's merchandise trade deficit narrowed marginally in May as higher exports offset part of the import ‌bill, while firms navigated...

SNB to Keep Rates at 0% this Year and Next, Experts Say
SNB to Keep Rates at 0% this Year and Next, Experts Say

The Swiss National Bank will keep its key policy rate at 0% on June 18 and for the rest of the year, according to all ​the economists who responded...

America's RV Industry Feels Chill of War and High Gas Prices
America's RV Industry Feels Chill of War and High Gas Prices

Coley Brady in late March cut production from five days a week to four on most of the assembly lines at his sprawling complex of five recreational...

China Bonds Emerge as Safe Haven amid Iran War Reshuffle
China Bonds Emerge as Safe Haven amid Iran War Reshuffle

Global asset managers have been adding Chinese government bonds ​to their portfolios since the Iran war broke out, drawn not by yield but by their...

Oil Hits 3-Month Low as US, Iran Reach Peace Deal
Oil Hits 3-Month Low as US, Iran Reach Peace Deal

Oil prices ​slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they...

Renault, Thales Unveil Military Vehicle Partnership
Renault, Thales Unveil Military Vehicle Partnership

Renault Group said on Monday it has teamed up with defence technology company Thales to develop a military vehicle, deepening the French...

STOXX 600 Hits Record High on US-Iran Preliminary Peace Deal
STOXX 600 Hits Record High on US-Iran Preliminary Peace Deal

Europe's STOXX 600 hit a record ​high on Monday, boosted by a relief rally across most sectors after the United States and Iran...

India May WPI Hits 9.68% on Mideast War Fuel Surge
India May WPI Hits 9.68% on Mideast War Fuel Surge

India's wholesale price inflation rose to 9.68% year-on-year in May, government ‌data released on Monday showed, as the energy shock...

Starbucks Korea to Train Staff on History after Backlash
Starbucks Korea to Train Staff on History after Backlash

Starbucks ‌Korea will shut all stores in the country at 3 p.m. on June 22 for staff training on historical awareness and social sensitivity,...

Dollar Hits 10-Day Low as US, Iran Reach Peace Deal
Dollar Hits 10-Day Low as US, Iran Reach Peace Deal

The U.S. dollar weakened to a 10-day low against its major peers on Monday as a preliminary agreement to ​end the war between the U.S. and Iran...

INR, Bonds to Get Boost from Iran Peace Deal, Eye Fed Move
INR, Bonds to Get Boost from Iran Peace Deal, Eye Fed Move

MUMBAI, June 15 (Reuters) - The Indian rupee and bonds are set to get a lift this week, supported by a U.S.–Iran peace deal, while oil price...

Bank of England to Keep Rates on Hold after ECB Hike
Bank of England to Keep Rates on Hold after ECB Hike

The Bank of England looks set to keep interest ​rates at 3.75% on Thursday as Governor Andrew Bailey judges the central bank can take its time to...

Wall Street Ends Higher as SpaceX's Market Debut Dominates
Wall Street Ends Higher as SpaceX's Market Debut Dominates

U.S. stocks ended higher on Friday as investors held out ​hope for a peace deal between Iran and the United States and as SpaceX shares surged...

Anthropic Disables Top AI Models over US Foreign Ban
Anthropic Disables Top AI Models over US Foreign Ban

Anthropic said on Friday it will "abruptly ​disable" its most advanced AI models for all users after the U.S. government ordered it to...

Asia Hedge Funds Notch Triple-Digit Gains in AI-Led Rally
Asia Hedge Funds Notch Triple-Digit Gains in AI-Led Rally

Some Asia hedge funds delivered returns exceeding 100% in the first five ‌months of the year, riding on record highs in stock markets and...

Taiwan Likely to Hold Rates Steady amid Inflation Fears
Taiwan Likely to Hold Rates Steady amid Inflation Fears

Taiwan's central ‌bank is expected to hold its policy interest rate steady this week and keep it in place into 2027, according to...

UK Losing Jobs Abroad due to High Energy Costs, Firms Say
UK Losing Jobs Abroad due to High Energy Costs, Firms Say

Britain is losing manufacturing jobs abroad and risks the loss of major industries due to high energy costs, a manufacturing group ​and trade union...

June 12, 2026
German Spending Saves GDP from Falling, Bundesbank Says
German Spending Saves GDP from Falling, Bundesbank Says

Heavy government spending on defence and infrastructure will stop Germany from slipping into recession this year, as the war in...

Inflows Rise after BI's Surprise Rate Hike, Official Says
Inflows Rise after BI's Surprise Rate Hike, Official Says

Indonesia's central bank spokesperson said on Friday that ​foreign investors have responded positively to its ‌rare off-cycle interest...

Indonesia's Danantara Raises $1.5B in Debut Bond Sale
Indonesia's Danantara Raises $1.5B in Debut Bond Sale

A unit of Indonesia's sovereign wealth fund Danantara raised $1.5 billion in its debut U.S. dollar bond sale, drawing strong ‌global...

China May Loans Miss Forecasts as Property Slump Bites
China May Loans Miss Forecasts as Property Slump Bites

China's new bank lending rose less than expected in May after ​contracting the previous month, as a prolonged property downturn continued to...

India May Inflation Hits 3.93%, Stays below RBI Target
India May Inflation Hits 3.93%, Stays below RBI Target

India's retail ‌inflation rose to 3.93% in May, driven by higher food and fuel costs, government data showed on Friday, while risks...

Exail Shares Dive as Bond Clash Risks Higher Debt Costs
Exail Shares Dive as Bond Clash Risks Higher Debt Costs

Shares in Exail Technologies plunged 17% on Friday after the underwater drone maker flagged a €380 million gap in ​perceived bond and...

Rupee Rallies as Oil Slump Sparks Unwinding of Dollar Longs
Rupee Rallies as Oil Slump Sparks Unwinding of Dollar Longs

The Indian rupee surged against the dollar on Friday as growing expectations of a U.S.-Iran peace ​agreement sent oil prices sharply lower and...

UK Main Indexes Gain over 1% on Mideast Peace Hopes
UK Main Indexes Gain over 1% on Mideast Peace Hopes

Britain's shares edged higher on Friday after U.S. President Donald Trump said a peace agreement with Iran could be signed soon, ​while...

SpaceX Model Fuels China IPO Goals, but Tech Gap Stays
SpaceX Model Fuels China IPO Goals, but Tech Gap Stays

SpaceX's record $75 billion IPO is poised to supercharge Chinese space startups racing to fund the same technologies that ​have made...

UK Public Inflation Expectations Surged after Iran War, BoE
UK Public Inflation Expectations Surged after Iran War, BoE

The British public's expectations for inflation in ​the long term rose to a ‌record high last month after the U.S.-Israeli war on Iran...

Oil Falls to near 2-Month Lows as Trump Drops Iran Plan
Oil Falls to near 2-Month Lows as Trump Drops Iran Plan

Oil prices ​fell over 4% on Friday to their lowest in nearly two months after U.S. President Donald ‌Trump cancelled new strikes...

Gold Steadies, but Heads for Second Straight Weekly Loss
Gold Steadies, but Heads for Second Straight Weekly Loss

Gold steadied on Friday as oil fell on rising hopes for a peace ‌deal between Iran and the United States, but prices remained on track for a...

Dollar Steadies; Traders Weigh Prospects for Iran Ceasefire
Dollar Steadies; Traders Weigh Prospects for Iran Ceasefire

The dollar found its footing on Friday after sliding the previous day as traders waited for confirmation that a ceasefire deal in the...

Oil Slides on Gulf Peace Hopes, all Eyes on SpaceX Debut
Oil Slides on Gulf Peace Hopes, all Eyes on SpaceX Debut

Global stocks gained ​and oil tumbled on Friday as fresh hopes of a peace deal between Iran and the U.S. ‌fanned a rally, while...

Flutter's London Exit Deals another Blow to UK Markets
Flutter's London Exit Deals another Blow to UK Markets

FanDuel owner Flutter Entertainment said on Friday it would ‌delist from the London Stock Exchange in August while retaining its primary...

Indian Shares Advance as Oil Falls on Middle East Hopes
Indian Shares Advance as Oil Falls on Middle East Hopes

Indian shares advanced on Friday, tracking gains in other Asian markets, as oil prices fell after U.S. ​President Donald Trump cancelled plans to...

June 11, 2026
US, EU near Deadline on $11.5B Jet Dispute Tariffs
US, EU near Deadline on $11.5B Jet Dispute Tariffs

The United States and the European Union have yet to decide whether to continue ​suspending or to reimpose tariffs on $11.5 billion of...

BHP Workers Vote to Strike at Australian Iron Ore Hub
BHP Workers Vote to Strike at Australian Iron Ore Hub

BHP workers at Port Hedland in Western Australia voted in favour of strike action, two unions said on Thursday, risking disruptions to iron...


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