Economic news


Wall St Indexes Fall, with Iran and Earnings Season in Focus

Wall St Indexes Fall, with Iran and Earnings Season in Focus

Wall Street's three major indexes finished lower on ​Monday while investors looked for moves toward Middle East de-escalation and waited for earnings reports due from major technology companies later in the week. The technology-heavy ‌Nasdaq fell less than the S&...


July 21, 2026
Ant International Raises $1.2 bln in Global Expansion Push
Ant International Raises $1.2 bln in Global Expansion Push

Ant International, an overseas affiliate of the ​Jack Ma-founded Chinese fintech firm Ant Group, ‌has raised $1.2 billion in its latest equity...

KPMG Australia Names Insider as CEO after Audit Leak
KPMG Australia Names Insider as CEO after Audit Leak

KPMG Australia ​on Tuesday promoted a partner from within its own ranks to chief executive, two months after ‌losing its leader to a scandal...

Nikkei Rallies after Fall as Focus Turns to Tech Results
Nikkei Rallies after Fall as Focus Turns to Tech Results

TOKYO, July 21 (Reuters) - Japan's Nikkei share average rose on Tuesday as markets reopened after a holiday and ​investors seized on bargains...

Beaten-Down Indonesian Stocks Feel Love as AI Rally Cools
Beaten-Down Indonesian Stocks Feel Love as AI Rally Cools

As the rally in AI stocks starts showing signs of fatigue and big investors turn sellers, some are buying back laggards and even warming...

Ant International Raises $1.2 bln in Global Expansion Push
Ant International Raises $1.2 bln in Global Expansion Push

Ant International, an overseas affiliate of the ​Jack Ma-founded Chinese fintech firm Ant Group, ‌has raised $1.2 billion in its latest equity...

Cardinal Health to Buy Two Diabetes Units for $360M
Cardinal Health to Buy Two Diabetes Units for $360M

Cardinal Health said on Monday it has agreed to buy AdaptHealth's diabetes health business and ​medical supply provider Strive...

US Hits $20B of Canadian Goods with new 50% Tariffs
US Hits $20B of Canadian Goods with new 50% Tariffs

President Donald Trump unveiled 50% tariffs on a wide range of imports from Canada on Monday in response to ​what the U.S....

July 20, 2026
Domino's Keeps Sales View, Value-Seeking Diners Slow Growth
Domino's Keeps Sales View, Value-Seeking Diners Slow Growth

Dominos Pizza on Monday maintained its annual sales forecasts, but said a challenging macroeconomic environment continued to weigh on...

UK Gilt Yields Rise, Sterling Dips as Burnham Becomes PM
UK Gilt Yields Rise, Sterling Dips as Burnham Becomes PM

Benchmark British borrowing costs rose and sterling dipped on Monday as investors fretted over whether Andy Burnham's early remarks ​on...

AliExpress Fined $629M by EU over Illegal, Fake Goods
AliExpress Fined $629M by EU over Illegal, Fake Goods

Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for ‌failing to...

Markets Price Two ECB Rate Hikes by 2027 on Inflation
Markets Price Two ECB Rate Hikes by 2027 on Inflation

Swings in oil prices fueled a moderately volatile session for European government bonds on Monday, and inflation-sensitive markets fully priced two...

Airlines Warn Planemakers not to Rush next-Gen Jets
Airlines Warn Planemakers not to Rush next-Gen Jets

Airline executives on Monday cautioned planemakers Boeing and Airbus not to rush out a new ​generation of commercial jets without...

Google Plans new Chip to Run Gemini Models, Information Says
Google Plans new Chip to Run Gemini Models, Information Says

Google is developing a new server chip that would incorporate elements of its Gemini model directly ​into the hardware, in a bid to serve ‌its...

Tempus to Buy Cancer Test Maker Personalis for $1.5 Billion
Tempus to Buy Cancer Test Maker Personalis for $1.5 Billion

Tempus AI said ​on Monday it would buy Personalis in a deal valued at about $1.5 billion, ‌adding a cancer test to the AI-enabled...

Coca-Cola Picks JPMorgan, Citi for India Bottler IPO
Coca-Cola Picks JPMorgan, Citi for India Bottler IPO

MUMBAI, July 20 (Reuters) - Coca-Cola has appointed JPMorgan and Citi as bankers for a planned 2027 initial public ​offering of one of its...

FTSE 100 Slips on Mideast Tensions; Burnham Takes Office
FTSE 100 Slips on Mideast Tensions; Burnham Takes Office

London's FTSE 100 edged lower on Monday as U.S.-Iran tensions fuelled concerns over shipping through the Strait of Hormuz, while investors...

Ryanair Profit Slumps on Weak Fares and High Fuel Costs
Ryanair Profit Slumps on Weak Fares and High Fuel Costs

Ryanair's profit slumped ​by a third in its most recent quarter on higher fuel costs and lower fares that look set ‌to remain weak...

Rupee Hits Two-Month Low, Oil Prices Remain Focal Point
Rupee Hits Two-Month Low, Oil Prices Remain Focal Point

The Indian rupee declined to its weakest level in two months on Monday, as oil prices ​swayed near $90 per barrel amid the Middle East conflict,...

European Shares Flat on US-Iran Risks, Tech Earnings Loom
European Shares Flat on US-Iran Risks, Tech Earnings Loom

European shares were muted on Monday as an escalating U.S.-Iran conflict drove oil prices ‌higher, stoking inflation fears just as markets...

ECB Survey Sees Slower Wage Demands and Price Growth
ECB Survey Sees Slower Wage Demands and Price Growth

Euro zone firms expect selling prices to rise more moderately and see a slowdown in wage growth, an ​ECB survey showed on Monday, adding to...

Gold Steady as Markets Gauge Mideast Tensions, Fed Bets
Gold Steady as Markets Gauge Mideast Tensions, Fed Bets

Gold prices were little changed on Monday ‌as investors assessed an escalation in the Middle East war that pushed oil prices higher, while...

Moonshot Pauses Kimi Subscriptions amid Hot Demand, IPO Push
Moonshot Pauses Kimi Subscriptions amid Hot Demand, IPO Push

Chinese startup Moonshot AI has temporarily paused new subscriptions after demand for its newly launched Kimi ​K3 model strained...

UK Finance Firms Tighten Staff Checks ahead of new Rules
UK Finance Firms Tighten Staff Checks ahead of new Rules

Financial firms in Britain are sharpening their focus on employee conduct, with some weeding out staff suspected of misconduct such as harassment...

Honeywell Wins IndiGo Deal, Adds Aeromexico Safety Tech
Honeywell Wins IndiGo Deal, Adds Aeromexico Safety Tech

Honeywell Aerospace said on Monday that Indian airline IndiGo had selected its avionics ​and power systems for 810 Airbus A320neo-family...

Segro Rejects Prologis' Sweetened $18.2B Takeover Bid
Segro Rejects Prologis' Sweetened $18.2B Takeover Bid

U.S. warehouse company Prologis said on Monday that Segro rejected its latest £13.5 billion ($18.17 billion) takeover bid, urging...

India FX Eyes Oil, RBI; Bond Bulls await Iindex Decision
India FX Eyes Oil, RBI; Bond Bulls await Iindex Decision

The Indian rupee's trajectory this week will hinge on crude oil prices and the extent to which the central bank defends the currency as it...

China June Bunker Fuel Exports Jump 55% from May, Data Shows
China June Bunker Fuel Exports Jump 55% from May, Data Shows

China's exports of fuel oil, mainly for marine fuel bunkering, climbed 55% month-on-month in June, customs data showed on Monday, ​reaching the...

HDFC Bank Drops on Weak Margins, Drags Nifty, Bank Stocks
HDFC Bank Drops on Weak Margins, Drags Nifty, Bank Stocks

HDFC Bank slid 4.6% to 782.25 rupees on Monday after its June-quarter margin miss outweighed steady loan growth, ​dragging the benchmark Nifty...

Shares Unsettled as Oil Climbs, Earnings Loom for AI
Shares Unsettled as Oil Climbs, Earnings Loom for AI

Shares slipped with bonds on Monday as the escalating conflict in the Gulf lifted oil ​prices and fanned fears of inflation, while a...

Dollar Drifts; US-Iran Conflict Intensifies, Brent Hits $90
Dollar Drifts; US-Iran Conflict Intensifies, Brent Hits $90

The dollar pulled back in Asian trading on Monday as investor confidence recovered, snapping a three-day winning streak that ​began after the...

Wall St Ends Lower for Day and Week as Chip Selloff Broadens
Wall St Ends Lower for Day and Week as Chip Selloff Broadens

Wall Street extended its decline on Friday as a pullback on stocks associated ​with the AI boom, which has driven many of the gains so far this...

Heat, World Cup Hurt UK Property Asking Prices: Rightmove
Heat, World Cup Hurt UK Property Asking Prices: Rightmove

Asking prices for newly advertised British houses and apartments recorded an ​unusually large fall in the four ‌weeks to July 11, as the...

China Regulator to Hold Market Stability Meet, Media Says
China Regulator to Hold Market Stability Meet, Media Says

China's securities watchdog will meet market participants on Monday to discuss market stability, official media said, as state-backed investors...

Samsung Biologics to Launch $1.8B Cash Buy of PolyPeptide
Samsung Biologics to Launch $1.8B Cash Buy of PolyPeptide

South Korea's Samsung Biologics will launch a 1.46 billion Swiss francs ($1.81 ​billion) all-cash bid for Swiss contract drugmaker...

UK Chief Financial Officers Turn more Hopeful about AI
UK Chief Financial Officers Turn more Hopeful about AI

The finance bosses at many of Britain's biggest companies are more optimistic about ​the impact of artificial intelligence on their...

July 17, 2026
France Blocks Access to Polymarket Website
France Blocks Access to Polymarket Website

France has blocked access to the Polymarket betting website, the country's gambling regulator ​said on Friday, citing concerns it could expose...

India's Wipro Slips, Weak Forecast Deepens IT Slowdown Fears
India's Wipro Slips, Weak Forecast Deepens IT Slowdown Fears

Shares of Wipro fell up to 2.4% on Friday after the Indian IT services firm's quarterly earnings miss and sluggish ​outlook...

Chinese Filing Implies DeepSeek Valuation of around $52 bln
Chinese Filing Implies DeepSeek Valuation of around $52 bln

Chinese luggage ‌maker Anhui Korrun said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in...

Burberry's Europe Sales Hit by Iran War as US, China Grow
Burberry's Europe Sales Hit by Iran War as US, China Grow

Burberry said ‌conflict in the Middle East was hurting tourist spending in Europe, sending the British luxury brand's shares down...

Oil rises on US-Iran tensions, Red Sea closure threat
Oil rises on US-Iran tensions, Red Sea closure threat

Oil prices rose by about 2% on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea...

US Pending Home Sales Slump in June amid Affordability Woes
US Pending Home Sales Slump in June amid Affordability Woes

Contracts to purchase previously owned U.S. homes fell more ​than expected in June as ‌higher mortgages and house prices pushed prospective...

Shorts Target Manufacturing in June on Supply Chain Stress
Shorts Target Manufacturing in June on Supply Chain Stress

Global hedge funds bet heavily against manufacturing stocks in June, data from Hazeltree ‌shows, as investors grew more concerned about...


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