Economic news


UK Retail Discounter B&M’s Interim CFO Exits after Less Than 5 mths in Role

UK Retail Discounter B&M’s Interim CFO Exits after Less Than 5 mths in Role

British discount retailer B&M's interim ​CFO Helen Cowing has ‌exited the firm after less than 5 months in the role, ​the company said, and would ​be replaced by Peter Waterhouse, ⁠the firm's financial controller. Shares ​of the company fell 3.8% to 176 ​pence. Thi...


April 10, 2026
US Consumer Sentiment Dives to Record Low in Apr Amid Iran War
US Consumer Sentiment Dives to Record Low in Apr Amid Iran War

U.S. consumer sentiment plunged to a record low in early April and consumers anticipated a ​surge in inflation in the next 12 ‌months, a...

Oil Set for Largest Weekly Loss in 10 Months after Ceasefire
Oil Set for Largest Weekly Loss in 10 Months after Ceasefire

Oil prices were ‌poised for their biggest weekly declines since last June but remain elevated near $100 a barrel on concerns over supplies...

Gold Heads for Weekly Gain, US-Iran Truce in Focus
Gold Heads for Weekly Gain, US-Iran Truce in Focus

Gold prices inched up on Friday and headed for a weekly ‌gain as the U.S. dollar weakened following the U.S.-Iran truce, though market...

UK Stocks Set for Weekly Gains; Focus on U.S. Data, Peace Talks
UK Stocks Set for Weekly Gains; Focus on U.S. Data, Peace Talks

The main UK stock ​indexes rose on Friday, poised for weekly gains, as investors ‌awaited key U.S. inflation reading later in the day and...

INR Up for 2nd wk, Arbitrage Position Unwinding, US-Iran Truce Boost Sentiment
INR Up for 2nd wk, Arbitrage Position Unwinding, US-Iran Truce Boost Sentiment

The Indian rupee closed out a second consecutive week of gains against the dollar, a feat it last achieved ​six months ago, supported by flows from...

Taiwan March Exports Hit Record High Value, AI-Related Demand Remains Solid
Taiwan March Exports Hit Record High Value, AI-Related Demand Remains Solid

Taiwan's exports rose much more than expected in March, with demand remaining strong for ​artificial intelligence applications and other...

Porsche Deliveries Tumble Further in First Quarter
Porsche Deliveries Tumble Further in First Quarter

Porsche AG's deliveries slumped further in the first three months of 2026, with sharp ​declines in key markets China and the ‌United...

GBP Dips, Set for Biggest Weekly Rise since Jan on Iran Hopes
GBP Dips, Set for Biggest Weekly Rise since Jan on Iran Hopes

The pound fell slightly on Friday but was still set for its biggest weekly increase in three months after the U.S.-Iran ceasefire raised...

China Adds Fourth Set of Listing Standards for ChiNext Board
China Adds Fourth Set of Listing Standards for ChiNext Board

China's securities regulator on Friday added a ​fourth set of listing ‌standards for ChiNext, Shenzhen's startup board for growth...

TSMC's Q1 Revenue Surges, AI Interest Propels Sales Beyond Market Forecasts
TSMC's Q1 Revenue Surges, AI Interest Propels Sales Beyond Market Forecasts

TSMC, the world's largest contract chipmaker, on Friday reported a 35% surge in ​first-quarter revenue, beating market forecasts, thanks to...

Eni to Take Stake in Canada's Nouveau Monde Graphite in $70M inIestment
Eni to Take Stake in Canada's Nouveau Monde Graphite in $70M inIestment

Italy's Eni has agreed to acquire a minority stake in natural graphite producer Nouveau Monde ​Graphite for $70 million, giving it...

Asian Stocks Set for Best Week since 2022 ahead of U.S.-Iran Talks
Asian Stocks Set for Best Week since 2022 ahead of U.S.-Iran Talks

Asian stocks advanced on ​Friday, putting them on track for their best week in more than three years, as Israel sought talks with Lebanon, raising...

India Gold Demand Firms ahead of Festival; China Premiums Ease
India Gold Demand Firms ahead of Festival; China Premiums Ease

Gold demand in India picked up slightly this week ‌ahead of a key festival, although elevated prices weighed on sentiment, while premiums in...

China's Factories Snap Years-Long Deflation Spell on Iran War Price Shock
China's Factories Snap Years-Long Deflation Spell on Iran War Price Shock

China's factory-gate prices rose for the first time in more than three years ​in March, in an early sign that the war in Iran is feeding cost...

Wall St Ends Higher, Middle East Peace Talks Lift Sentiment
Wall St Ends Higher, Middle East Peace Talks Lift Sentiment

U.S. stocks advanced on Thursday, as ongoing negotiations toward a ‌peaceful resolution to the six-week Middle East conflict helped ease...

China Sees First Producer Inflation in over Three Years
China Sees First Producer Inflation in over Three Years

China's factory-gate prices in March turned positive for ​the first time in ‌more than three years, official data showed on Friday,...

Japan Rules Out Major Domestic Risks from Private Credit for Now
Japan Rules Out Major Domestic Risks from Private Credit for Now

Japanese Finance Minister Satsuki Katayama said on Friday private credit does not ​pose a major issue domestically at present but noted ‌risks...

Japan Wholesale Inflation Jumps, BOJ Vows Vigilance to Stagflation Risk
Japan Wholesale Inflation Jumps, BOJ Vows Vigilance to Stagflation Risk

Japanese wholesale inflation jumped in March and the central bank's deputy governor ‌called for vigilance to the risk of stagflation,...

S.Korea Holds Rates Steady as Iran War Fans Inflation, Growth Risks
S.Korea Holds Rates Steady as Iran War Fans Inflation, Growth Risks

South Korea's central bank kept its policy interest rate steady on Friday ‌and warned of a highly uncertain path ahead as a broadening...

April 9, 2026
US Labor Market Holds Steady; Inflation Firmer Before Iran War
US Labor Market Holds Steady; Inflation Firmer Before Iran War

New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially...

Swiss-Based Terra Quantum Plans to List on Nasdaq via SPAC at $3.25B Valuation
Swiss-Based Terra Quantum Plans to List on Nasdaq via SPAC at $3.25B Valuation

Terra Quantum said on Thursday it plans to list on ​Nasdaq this year through a merger with a U.S. special purpose acquisition company (SPAC)...

Carlyle's Private Credit Flagship Fund Latest Target of Investor Exodus
Carlyle's Private Credit Flagship Fund Latest Target of Investor Exodus

Investors have asked to pull more than 15% ‌of their assets from Carlyle's flagship private credit interval fund, the group said in a...

Unilever to Buy Supplements Brand Grüns, Boosting Wellbeing Focus Post Food Spin-Off
Unilever to Buy Supplements Brand Grüns, Boosting Wellbeing Focus Post Food Spin-Off

Unilever said on Thursday it will ​buy U.S.-based nutritional supplements brand Grüns ‌for an undisclosed amount, as the British...

US Property Purchases in Spain Rise, Americans Seek High-End Homes
US Property Purchases in Spain Rise, Americans Seek High-End Homes

Home purchases in Spain by ​U.S. citizens rose 3% last year, even as total foreign purchases dipped, with real estate agents citing concerns over...

US Fourth-Quarter GDP Growth Revised Lower to a 0.5% Rate
US Fourth-Quarter GDP Growth Revised Lower to a 0.5% Rate

U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory...

Intel and Google to Double Down on AI CPUs with Expanded Partnership
Intel and Google to Double Down on AI CPUs with Expanded Partnership

Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop...

US PCE Inflation Picks Up in Feb; Consumer Spending Solid
US PCE Inflation Picks Up in Feb; Consumer Spending Solid

U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to...

GBP Ticks Higher, Remains Driven by Middle East Developments
GBP Ticks Higher, Remains Driven by Middle East Developments

The pound inched higher on the dollar on Thursday and held onto the bulk of U.S.-Iran ceasefire-inspired gains the previous session,...

Uniqlo-Owner Fast Retailing Flags Record Year after Strong Quarter
Uniqlo-Owner Fast Retailing Flags Record Year after Strong Quarter

The Japanese owner of clothing brand Uniqlo raised its full-year forecast on Thursday, flagging another record year, as international growth...

Stellantis Q1 Vehicle Output in Italy Up 9.5%, Union Says
Stellantis Q1 Vehicle Output in Italy Up 9.5%, Union Says

Stellantis' output in Italy rose 9.5% in the first quarter to ​120,366 vehicles, the FIM Cisl trade union said ‌on Thursday, as the...

GAIL India to Borrow 50-60 bln Rupees in Financial Year 2027
GAIL India to Borrow 50-60 bln Rupees in Financial Year 2027

India's largest gas distributor GAIL (India) plans to borrow 50-60 billion rupees ​in fiscal 2027 to fund expansion, and has bought three...

UK Stocks Pull Back after Rally on Middle East Ceasefire Doubts
UK Stocks Pull Back after Rally on Middle East Ceasefire Doubts

The main ​UK stock indexes eased on Thursday after recording their ‌strongest session in months a day earlier, as oil prices rebounded on...

India to Grow at 6.6% in FY27, says WB; Кisks from West Asia Crisis Persist
India to Grow at 6.6% in FY27, says WB; Кisks from West Asia Crisis Persist

India's expected economic growth of 6.6% for fiscal 2027 could face significant ‌risks as the Iran war fans inflation worries,...

China's Car Exports Accelerate Despite Disruption from Mideast Crisis
China's Car Exports Accelerate Despite Disruption from Mideast Crisis

Car exports, an increasingly important source of growth for China's hyper-competitive auto sector, picked up ​pace in March despite shipment...

Japan's Consumer Mood Worsens as Iran War Clouds Chance for Apr Rate Hike
Japan's Consumer Mood Worsens as Iran War Clouds Chance for Apr Rate Hike

Japan's consumer confidence worsened in March at a pace unseen since the COVID-19 pandemic in 2020, a government survey ‌showed, swelling...

Portugal's TAP Profit Slumps 92% on One‑off Charge, says Bookings Solid
Portugal's TAP Profit Slumps 92% on One‑off Charge, says Bookings Solid

Portugal's airline TAP said on Thursday its 2025 profit fell 92% due to a one-off fourth‑quarter charge which outweighed higher revenue from...

German Industrial Output Fall Points to Weak Quarter, Economists
German Industrial Output Fall Points to Weak Quarter, Economists

German industrial production fell unexpectedly in February, with economists saying the weakness pointed to ‌disappointing first quarter for...

China's Mar Bank Lending Seen Surging on Post-Holiday Rebound
China's Mar Bank Lending Seen Surging on Post-Holiday Rebound

Chinese banks likely extended significantly more new loans in March than in February, according to a Reuters poll on Thursday, driven by improved...

Gold Steady as Investors Eye US-Iran Ceasefire, Brace for Inflation Data
Gold Steady as Investors Eye US-Iran Ceasefire, Brace for Inflation Data

Gold prices were largely steady on Thursday ‌as investors remained cautious about the fragile U.S.-Iran ceasefire, with a key U.S. inflation...

USD Wobbles, Fragile US-Iran Ceasefire Keeps Markets on Edge
USD Wobbles, Fragile US-Iran Ceasefire Keeps Markets on Edge

The dollar remained on shaky footing ​on Thursday after broad losses, as investors anxiously assessed whether a fragile ceasefire between the...

Oil Rebounds as Fragile Gulf Ceasefire, Constrained Hormuz Keep Supply Risks Elevated
Oil Rebounds as Fragile Gulf Ceasefire, Constrained Hormuz Keep Supply Risks Elevated

Oil prices rose on Thursday as doubts over ​a fragile two-week Middle East ceasefire raised concerns that energy flows through the...

Asian Stocks in Sober Mood as Oil Rises on Middle East Truce Doubts
Asian Stocks in Sober Mood as Oil Rises on Middle East Truce Doubts

Asian share markets were in a sober mood on Thursday as cracks ​quickly began to appear in the fragile Gulf truce, nudging oil...


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