Economic news


Asian Markets Retreat as US Weighs new Trade Curbs on China

Asian Markets Retreat as US Weighs new Trade Curbs on China

Asian stocks fell for a second day on Thursday as lacklustre earnings from tech megacaps deepened a selloff on Wall Street, while U.S. sanctions against Russia and possible new export controls on China revived geopolitical worries. Oil prices surged 3% after the U.S. imposed sanctions&n...


October 23, 2025
Gold Gains as Geopolitical Risks, Trade Tensions Burnish Appeal
Gold Gains as Geopolitical Risks, Trade Tensions Burnish Appeal

Gold prices rose on Thursday, as U.S. sanctions against Russia and possible new export controls on China added to geopolitical risks, buoying...

Kering Shares Rise 5% as Company Signals Improvement at Gucci and other Brands
Kering Shares Rise 5% as Company Signals Improvement at Gucci and other Brands

Shares in Gucci owner Kering rose 5% is early Paris stockmarket trade on Thursday after the company...

October 22, 2025
First Brands Bankruptcy Sparks Sharp Outflow from US Loan Funds
First Brands Bankruptcy Sparks Sharp Outflow from US Loan Funds

U.S. loan funds are seeing sharp outflows this month as the bankruptcy of First Brands Group raises concerns over opaque financing and...

European Luxury Groups Hedge Bets on Predicting China Comeback
European Luxury Groups Hedge Bets on Predicting China Comeback

Europe's luxury companies from LVMH to Hermes and L'Oreal are tentatively pointing to signs of a revival in China, but are...

US Chemical Firms Set for another Weak Quarter on China-Led Supply Glut, Tariffs
US Chemical Firms Set for another Weak Quarter on China-Led Supply Glut, Tariffs

U.S. chemical companies are likely to post another quarter of subdued earnings as tariffs, weak industrial demand and Chinese overcapacity squeeze...

London Stocks Climb as Inflation Data Spurs Rate Cut Bets; Barclays Leads Gains
London Stocks Climb as Inflation Data Spurs Rate Cut Bets; Barclays Leads Gains

London stocks rose for a third consecutive day on Wednesday as investors ramped up bets on interest rate cuts from the Bank of England after data...

Uber Rebrands ‘Green’ as ‘Electric’, Offers US Drivers $4,000 to Switch to EVs
Uber Rebrands ‘Green’ as ‘Electric’, Offers US Drivers $4,000 to Switch to EVs

Uber Technologies said on Wednesday it is rebranding its “Uber Green” service as “Uber Electric” and launching a...

UK House Prices Rise 3.0% Year-on-Year in August
UK House Prices Rise 3.0% Year-on-Year in August

Average house prices in the United Kingdom in August were 3.0% higher than a year earlier, down from an upwardly revised annual increase of 3.2% in...

Lidl GB Targets Market Share Gains with Faster Store Expansion
Lidl GB Targets Market Share Gains with Faster Store Expansion

Lidl GB, the UK arm of the German discount supermarket chain, will accelerate new store openings to win market share from larger rivals, it said on...

Gold Prices Slide Further as Dollar Firms, Investors Book Profits
Gold Prices Slide Further as Dollar Firms, Investors Book Profits

Gold prices extended declines on Wednesday, following their steepest daily fall since 2020 in the previous session, after an initial recovery gave...

Indonesia's Central Bank Pauses Rate Cuts, Flags more Easing
Indonesia's Central Bank Pauses Rate Cuts, Flags more Easing

Indonesia's central bank unexpectedly kept key interest rates unchanged on Wednesday, pausing after three successive cuts, as policymakers...

European Utilities Set for Longest Winning Streak Since 1998
European Utilities Set for Longest Winning Streak Since 1998

European utilities stocks extended this month's rally into a 14th day on Wednesday, heading for their longest winning streak since a record...

Jaguar Land Rover Hack Cost UK Economy an Estimated $2.5B, report
Jaguar Land Rover Hack Cost UK Economy an Estimated $2.5B, report

The hack of Jaguar Land Rover, owned by India's Tata Motors, cost the British economy an estimated 1.9 billion pounds...

Novo Nordisk Shares Fall, Top Investor Drives Board Overhaul
Novo Nordisk Shares Fall, Top Investor Drives Board Overhaul

Shares in Novo Nordisk fell around 3% in early trading on Wednesday, extending their losses from a day earlier, after the Wegovy maker's...

Hermes 'very Slight' China Improvement in Q3 Fails to Excite
Hermes 'very Slight' China Improvement in Q3 Fails to Excite

Birkin bag maker Hermes pointed to glimmers of improved demand in China as it reported quarterly sales slightly below expectations, dragging...

UK Inflation Holds at 3.8% in Surprise Boost for Reeves and BoE
UK Inflation Holds at 3.8% in Surprise Boost for Reeves and BoE

British inflation unexpectedly held steady in September, raising the prospect of a Bank of England interest rate cut this year and offering some...

USD Pauses after 3-Day Rally, GBP Slips as Inflation Holds Steady
USD Pauses after 3-Day Rally, GBP Slips as Inflation Holds Steady

The U.S. dollar was flat against a basket of currencies on Wednesday, pausing after a three-day rise, while the pound fell after British inflation...

China Overtakes US as Germany's Top Trading Partner
China Overtakes US as Germany's Top Trading Partner

China overtook the U.S. as Germany's largest trading partner in the first eight months of 2025, regaining the top spot as higher tariffs...

Heineken to Sell Less Beer in 2025 as Demand Falters
Heineken to Sell Less Beer in 2025 as Demand Falters

Dutch brewer Heineken warned on Wednesday its 2025 beer sales would fall as macroeconomic challenges worsened, further downgrading its volume...

Emerging Markets Propel Durex Maker Reckitt Past Sales Expectations
Emerging Markets Propel Durex Maker Reckitt Past Sales Expectations

Consumer goods group Reckitt beat expectations for third-quarter like-for-like net sales growth on Wednesday, boosted by strength in emerging...

Oil Rises over 2% on Supply Risks, US-China Trade Hopes
Oil Rises over 2% on Supply Risks, US-China Trade Hopes

Oil prices pushed higher for a second day on Wednesday, rising by about 2%, buoyed by sanctions-related supply risks and hopes of a U.S.-China...

Airbus Opens 2nd Jet Assembly Line in China as it Targets Production Growth
Airbus Opens 2nd Jet Assembly Line in China as it Targets Production Growth

Airbus said on Wednesday it had opened a second assembly line in China, increasing manufacturing capacity for its best-selling...

Wall Street Ends Mixed as Earnings Lift the Dow
Wall Street Ends Mixed as Earnings Lift the Dow

U.S. stocks closed mixed with the Dow out front on Tuesday, as a string of solid earnings lured investors to industrials and capital...

BOJ Poised to Hike Interest Rates in Q4, Majority of Economists Say: Poll
BOJ Poised to Hike Interest Rates in Q4, Majority of Economists Say: Poll

The Bank of Japan will raise its key interest rate in either October or December, a majority of economists said in a Reuters poll, while nearly 96%...

DBS Expects Singapore GDP to Double by 2040, Singapore Dollar Parity with Greenback
DBS Expects Singapore GDP to Double by 2040, Singapore Dollar Parity with Greenback

DBS Group Research on Wednesday said it expects Singapore's gross domestic product to double by 2040, with the state's benchmark Straits...

S.Korean Negotiators Visit US to Resolve Sticking Points in Trade Talks
S.Korean Negotiators Visit US to Resolve Sticking Points in Trade Talks

Senior South Korean officials will visit Washington on Wednesday for urgent discussions aimed at finalising a tariff deal that has been on hold...

Netflix Shares Drop as Brazilian Tax Dispute Hits Earnings
Netflix Shares Drop as Brazilian Tax Dispute Hits Earnings

Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a Brazilian tax dispute while it offered...

October 21, 2025
Swiss Exports to US Surge in Sept as Pharma Shipments Rise ahead of Tariff Threat
Swiss Exports to US Surge in Sept as Pharma Shipments Rise ahead of Tariff Threat

Swiss exports to the United States rebounded sharply in September, with pharmaceutical companies ramping up their shipments to get ahead of...

Adidas Raises Full-Year Profit Outlook as it Partly Mitigated US Tariffs
Adidas Raises Full-Year Profit Outlook as it Partly Mitigated US Tariffs

Germany's Adidas on Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra...

BNP Struggles to Dispel Sudan Litigation Concerns as Shares Drop
BNP Struggles to Dispel Sudan Litigation Concerns as Shares Drop

BNP Paribas sought to reassure investors on Tuesday that it faces limited exposure to a Sudan-related litigation, although analysts said there...

Canada's Inflation Rate Rises in Sept on Smaller Drop in Gasoline Prices
Canada's Inflation Rate Rises in Sept on Smaller Drop in Gasoline Prices

Canada's annual inflation rate increased to 2.4% in September, mainly led by a smaller decline in gasoline prices on a yearly basis when...

European Logistics Firms Face Impact from Falling Freight Rates
European Logistics Firms Face Impact from Falling Freight Rates

European shipping and logistics firms are under pressure heading into third-quarter earnings season, as analysts trim profit forecasts to reflect...

Playtech Shares Plunge as Evolution Links Rival to Smear Report
Playtech Shares Plunge as Evolution Links Rival to Smear Report

Playtech shares fell by more than 38% on Tuesday after rival Evolution, said it would add the UK gaming firm to a defamation...

Finland's Unemployment Rate Rises in Aug to Highest Level in at Least 15 yrs
Finland's Unemployment Rate Rises in Aug to Highest Level in at Least 15 yrs

HELSINKI, Sept 23 (Reuters) - Finland's monthly unemployment rate rose to 10% in August, the highest level in at least 15 years, data from...

FTSE 100 Edges Higher on HSBC Boost; Segro Climbs after Results
FTSE 100 Edges Higher on HSBC Boost; Segro Climbs after Results

London's FTSE 100 rose for a second consecutive day on Tuesday, led by gains in warehousing group Segro and HSBC, as investors looked ahead to...

European Third-Quarter Corporate Outlook Worsens Slightly
European Third-Quarter Corporate Outlook Worsens Slightly

The outlook for European corporate health has slightly worsened, the latest earnings forecasts showed on Tuesday. European companies are...

Asian Bond Outflows in Sept Hit 3-1/2-yr High on Slowdown Concerns
Asian Bond Outflows in Sept Hit 3-1/2-yr High on Slowdown Concerns

Asian bonds experienced significant outflows in September, driven by a selloff in Indonesia amid rising fiscal and political concerns, alongside a...

Taiwan Sept Export Orders Sharply Beats Forecasts on Strong AI Demand
Taiwan Sept Export Orders Sharply Beats Forecasts on Strong AI Demand

Taiwan's export orders rose more than expected in September, increasing for an eighth consecutive month, as the island's growth as an...

Coca-Cola HBC Buys Control of Africa Bottling Business for $2.6B
Coca-Cola HBC Buys Control of Africa Bottling Business for $2.6B

Swiss-based bottler Coca-Cola HBC has agreed to buy a 75% stake in its African counterpart for a total of $2.6 billion, the firm said on Tuesday,...

Oil Prices Drop for 2nd Day, Oversupply Concerns at Forefront
Oil Prices Drop for 2nd Day, Oversupply Concerns at Forefront

Oil prices declined for a second day on Tuesday as concerns about supply and risks to demand from the trade dispute between the U.S. and China, the...

Nikkei Extends Record Rally as Japan Makes History with 1st Female PM
Nikkei Extends Record Rally as Japan Makes History with 1st Female PM

Japan's Nikkei share gauge closed at a record high on Tuesday, led by consumer stocks, after fiscal dove Sanae Takaichi clinched a...

UK Borrowing Overshoot Keeps Heat on Reeves as Budget Looms
UK Borrowing Overshoot Keeps Heat on Reeves as Budget Looms

Britain's borrowing in the first half of the financial year was the highest on record except during the height of the coronavirus pandemic,...


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