Economic news


Gold eases on dollar strength, but heads for weekly gain

Gold eases on dollar strength, but heads for weekly gain

Gold prices edged lower on Friday, pressured by a stronger dollar and year-end investor positioning, but were poised to end the week higher as softer U.S. inflation data boosted bets of interest rate cuts. Spot gold fell 0.1% to $4,326.37 an ounce as of 1111 GMT, but was set to log a weekly ...


December 19, 2025
European Shares Set for Weekly Gain on US Rate Cut Hopes, Banks Boost
European Shares Set for Weekly Gain on US Rate Cut Hopes, Banks Boost

European shares were largely muted on Friday, as losses in tech and consumer stocks were offset by gains in banks, but were set to end a week...

Japan Bond Yields Jump on BOJ Hike, Wall St Poised for Gains
Japan Bond Yields Jump on BOJ Hike, Wall St Poised for Gains

Japanese government bond yields jumped and the yen weakened on Friday after the Bank of Japan raised interest rates to a three-decade...

Japan's MUFG to Buy 20% Stake in India's Shriram Finance for $4.4B
Japan's MUFG to Buy 20% Stake in India's Shriram Finance for $4.4B

Japan's MUFG will acquire a 20% stake in Shriram Finance Ltd (SFL) for $4.4 billion, the Indian non-bank lender said on Friday,...

Yen Falls after BOJ Raises Rates, Stays Vague on Tightening Path
Yen Falls after BOJ Raises Rates, Stays Vague on Tightening Path

The yen weakened in volatile trade on Friday after the Bank of Japan delivered a widely expected rate hike, while its governor offered few...

China Set to Keep Rates Steady for 7th mth Despite Slowing Economy
China Set to Keep Rates Steady for 7th mth Despite Slowing Economy

China is expected to leave benchmark lending rates unchanged for a seventh consecutive month in December, a Reuters survey showed, despite a...

Debt Boom Signals Yuan's Arrival as a Funding Currency
Debt Boom Signals Yuan's Arrival as a Funding Currency

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks as attractive pricing...

Consumer Sentiment in Germany to Fall Heading into 2026, Survey
Consumer Sentiment in Germany to Fall Heading into 2026, Survey

Sentiment among German consumers is set to fall significantly heading into 2026 as households' propensity to save money, driven by renewed...

UK Posts Bigger-than-Expected Budget Deficit in November
UK Posts Bigger-than-Expected Budget Deficit in November

Britain posted another bigger-than-expected budget deficit in November and borrowing in past months was revised higher, reinforcing signs of...

UK Consumers Reined in their Shopping in Run-Up to Budget
UK Consumers Reined in their Shopping in Run-Up to Budget

British retail sales fell by 0.1% in November from October, official figures showed on Friday, the latest in a string of data suggesting a slowdown...

French Cenbank sees Higher Growth Ahead - if Political Clouds Clear
French Cenbank sees Higher Growth Ahead - if Political Clouds Clear

The French economy is expected to post modest but steady growth in the coming years, driven by a recovery in household spending and business...

Irish Cenbank Raises Growth Forecasts, Economy Resisting US Headwinds
Irish Cenbank Raises Growth Forecasts, Economy Resisting US Headwinds

Ireland's central bank on Friday raised its forecasts for domestic economic growth, saying the impact of U.S. economic policies had so far been...

December 18, 2025
Eni and BlackRock's GIP Take Joint Control of Carbon Capture Unit
Eni and BlackRock's GIP Take Joint Control of Carbon Capture Unit

Eni has completed the sale of a 49.99% stake in its carbon capture and storage unit to BlackRock's infrastructure fund Global...

Qatar Bets on Cheap Power to Catch Up in Gulf AI Race
Qatar Bets on Cheap Power to Catch Up in Gulf AI Race

Qatar is banking on its abundant, low-cost energy to make up for lost time in the Gulf's artificial intelligence race, hoping that...

Birkenstock sees Muted Sales Growth and Profit as Tariffs Hurt Margins
Birkenstock sees Muted Sales Growth and Profit as Tariffs Hurt Margins

Birkenstock on Thursday forecast fiscal 2026 profit below Wall Street expectations and annual revenue growth lower than the last two years as...

Germany Launches 30B Euro Fund to Mobilise Private Investment
Germany Launches 30B Euro Fund to Mobilise Private Investment

Germany launched its 30 billion euro ($35.2 billion) "Deutschlandfonds" initiative on Thursday, aiming to boost the competitiveness of...

Pound, Gilt Yields Rise after BoE Cuts Rates in Tight Vote
Pound, Gilt Yields Rise after BoE Cuts Rates in Tight Vote

The British pound reversed an earlier fall and gilt yields turned higher even though the Bank of England cut interest rates on Thursday, as...

ECB Keeps Rates Steady, Nudges Up Growth Forecast
ECB Keeps Rates Steady, Nudges Up Growth Forecast

The European Central Bank kept interest rates unchanged as expected on Thursday and raised some of its growth and inflation projections, likely...

Bank of England Cuts Rates in Tight Vote, Sterling Rises
Bank of England Cuts Rates in Tight Vote, Sterling Rises

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers, but it signalled that the already gradual pace of...

Irish Foreign Multinational Employment Climbs in 2025 Despite Trump Tariffs
Irish Foreign Multinational Employment Climbs in 2025 Despite Trump Tariffs

The number of people employed by foreign multinational companies in Ireland increased slightly in 2025 despite uncertainty over the impact of U.S....

Japan's Sumitomo Realty Puts India Bet on Mumbai and Serviced Apartments
Japan's Sumitomo Realty Puts India Bet on Mumbai and Serviced Apartments

Japan's Sumitomo Realty and Development, the country's third-largest developer, plans to expand in India with an unusual strategy: focusing...

Elliott Takes over $1 bln Stake in Lululemon, Source says
Elliott Takes over $1 bln Stake in Lululemon, Source says

Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO...

British Stocks Rise as Investors await BoE Rate Cut
British Stocks Rise as Investors await BoE Rate Cut

London stocks extended gains on Thursday, as investors anticipated a Bank of England interest rate cut later in the day amid a sharp slowdown in...

Tidal Wave of Chinese Tea Brands Place Bets on Winning over American Tastebuds
Tidal Wave of Chinese Tea Brands Place Bets on Winning over American Tastebuds

Amanda Wang, co-founder of Chinese fast-growing beverage chain Ningji Lemon Tea, made four research trips to the U.S. before launching Bobobaba,...

Mercedes Savings Drive Proceeding as Planned by End 2027, Spokesperson
Mercedes Savings Drive Proceeding as Planned by End 2027, Spokesperson

BERLIN, Dec 18 (Reuters) - Mercedes-Benz said on Thursday it is on target to reduce costs by 5 billion euros ($5.9 billion) by the end of...

BoE Cuts Rates after Tight Vote but Signals Caution over Further Moves
BoE Cuts Rates after Tight Vote but Signals Caution over Further Moves

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering...

Micron Surges on Upbeat Profit Forecast as Chip Prices Soar
Micron Surges on Upbeat Profit Forecast as Chip Prices Soar

Micron Technology's shares rose 9% in premarket trading on Thursday after the U.S. chipmaker delivered an outsized quarterly profit...

China says it is Granting New, Streamlined Rare Earth Export Licences
China says it is Granting New, Streamlined Rare Earth Export Licences

China's Commerce Ministry said on Thursday that it had granted several general licenses for rare earth exports, a new category of...

UK Consumer Spending and Confidence is Muted, Currys Boss
UK Consumer Spending and Confidence is Muted, Currys Boss

British consumer confidence and spending is muted heading into Christmas and the government's budget last month did little to help, the boss of...

Standard General in Talks to Invest in Warner Bros Discovery Networks, FT
Standard General in Talks to Invest in Warner Bros Discovery Networks, FT

Soo Kim, founder of New York hedge fund Standard General, has been in talks over potentially buying or investing in the Warner Bros...

Europe's Auto Industry Future may be Electric even after EU Climbdown
Europe's Auto Industry Future may be Electric even after EU Climbdown

Brussels' proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe's legacy carmakers more time to...

Tech Jitters Dent Stocks before Cenbanks Take Centre Stage
Tech Jitters Dent Stocks before Cenbanks Take Centre Stage

Asian shares fell on Thursday as the tech sector took a beating on renewed angst about AI spending, while investors braced for a wave of central...

Wall St Closes Lower as AI Funding Jitters Drag Tech Stocks
Wall St Closes Lower as AI Funding Jitters Drag Tech Stocks

Wall Street's main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging...

China Vanke Begins 2nd Meeting with Holders of 2B Yuan Bond
China Vanke Begins 2nd Meeting with Holders of 2B Yuan Bond

Cash-strapped China Vanke kicked off a second meeting with holders of a 2 billion yuan ($283.99 million) bond on Thursday, as it scrambles to...

California Regulator Puts Tesla Sales Suspension Order on Hold
California Regulator Puts Tesla Sales Suspension Order on Hold

A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more...

Despite Tariffs, China Consumer Giants Push into US, Domestic Market Stalls
Despite Tariffs, China Consumer Giants Push into US, Domestic Market Stalls

Lured by the promise of richer margins, a wave of Chinese consumer brands is making deeper inroads into American retail to offset sluggish spending...

US Consumer Prices Likely Posted Largest Annual Increase in 1-1/2 Years in Nov
US Consumer Prices Likely Posted Largest Annual Increase in 1-1/2 Years in Nov

U.S. consumer prices likely increased by the most in 1-1/2 years in the year to November, economists predicted, which would underscore the...

December 17, 2025
Crypto Investors Show Caution, Shift to new Strategies after Crash
Crypto Investors Show Caution, Shift to new Strategies after Crash

The recent crypto market bust has left some investors more cautious, after hitting some of the hottest and most-hyped corners of the industry the...

US Confirms Tariff Elements of Trade Deal with Switzerland
US Confirms Tariff Elements of Trade Deal with Switzerland

The U.S. Trade Representative on Wednesday announced the implementation of tariff-related elements in a trade agreement framework reached with...

BI Keeps Rates Steady, Focuses on Rupiah Stability
BI Keeps Rates Steady, Focuses on Rupiah Stability

Indonesia's central bank held its policy rates unchanged for a third straight meeting on Wednesday, maintaining its focus on supporting the...

Sterling Tumbles as Declining Inflation Cements BoE Cut Bets
Sterling Tumbles as Declining Inflation Cements BoE Cut Bets

Sterling was set for its biggest one-day drop in weeks on Wednesday as investors added to bets that the Bank of England will cut rates on Thursday...

Oil Jumps 2%, Trump's Venezuela Blockade Stokes Uncertainty
Oil Jumps 2%, Trump's Venezuela Blockade Stokes Uncertainty

Oil prices rallied more than 2% on Wednesday after U.S. President Donald Trump ordered a complete blockade of all sanctioned oil tankers...

Silver Climbs to $65 for 1st Time; Gold Rises as US Unemployment Rate Rises
Silver Climbs to $65 for 1st Time; Gold Rises as US Unemployment Rate Rises

Silver surged past $65 an ounce to record highs on Wednesday, while gold advanced after softer-than-expected U.S. jobs data signalled a cooling...


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