Economic news


Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets

Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets

Wall Street dipped ​on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest ‌rate at this month's monetary policy meeting. All three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday week...


September 7, 2026
Dollar Barely Gets Lift from Boost in Fed Hike Expectations
Dollar Barely Gets Lift from Boost in Fed Hike Expectations

The dollar wobbled on Monday despite a ​ramp-up in U.S. rate-hike bets, as tension in the Middle East heightened inflation risks...

Oil Extends Gains on US and Iran Exchange Attacks on Ships
Oil Extends Gains on US and Iran Exchange Attacks on Ships

Oil prices ‌rose more than $1 a barrel on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz...

China Pauses Battery Storage Project Approvals, Cailianshe
China Pauses Battery Storage Project Approvals, Cailianshe

China, the world's largest manufacturer of batteries for energy storage, has temporarily suspended approvals ​for new factories, Chinese...

OPEC+ Keeps Oil Output Policy Unchanged for October
OPEC+ Keeps Oil Output Policy Unchanged for October

OPEC+ kept its oil output policy unchanged for ‌October at a meeting on Sunday, it said in a statement, as the producer group needs to agree...

Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack
Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack

Liquid Network, a Bitcoin-based payments and settlement ​network, said on Sunday ‌that about $320 million was withdrawn from its federation...

September 4, 2026
London Mid-Caps Set for Weekly Loss on Bond Jitters
London Mid-Caps Set for Weekly Loss on Bond Jitters

London's mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns over soaring government debt and...

Airbus Reaches Deal With Spanish Unions After Strikes
Airbus Reaches Deal With Spanish Unions After Strikes

Airbus has reached a preliminary deal with four unions in Spain, the company and Industry ​Minister Jordi Hereu said on Friday, representing a...

ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say
ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say

ByteDance has secured ​a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the...

Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics
Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics

The pound held steady on Friday, ahead ​of monthly U.S. employment data that could be key in setting the pace for the dollar ‌over the coming...

Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds
Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds

World shares pushed higher ahead of U.S. jobs data on Friday, while bond markets got some much-needed relief after a top Federal ​Reserve...

European Shares Dip ahead of US Jobs Data; Volkswagen Jumps
European Shares Dip ahead of US Jobs Data; Volkswagen Jumps

Sept 4 (Reuters) - European shares ticked lower on Friday ahead of closely watched U.S. ‌jobs data, while Volkswagen's shares rallied...

UK Construction PMI Drops on Weak Housebuilding
UK Construction PMI Drops on Weak Housebuilding

Britain's construction sector marked its 20th month of contraction in August, dragged down by a severe ​downturn in the housebuilding sector, a...

UK Firms Plan Slightly Smaller Price Rises, BoE Survey Shows
UK Firms Plan Slightly Smaller Price Rises, BoE Survey Shows

British businesses expect to increase their prices slightly ​less quickly in the year ‌ahead, according to a survey published by the Bank of...

Germany Open to UniCredit-Commerzbank Deal, Boosting EU M&A
Germany Open to UniCredit-Commerzbank Deal, Boosting EU M&A

Germany's tilt towards a deal with UniCredit's CEO Andrea Orcel to take over Commerzbank, after years of his...

Yen's Changing Fortunes Might Finally be Spooking the Bears
Yen's Changing Fortunes Might Finally be Spooking the Bears

Just six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally...

Abrupt Indian Bank CEO Shifts Test Strategy Focus
Abrupt Indian Bank CEO Shifts Test Strategy Focus

Abrupt departures from some of India's top private banks in recent months have exposed a need for better succession planning, prompting...

Gold Eyes Weekly Gain Ahead of Key US Payrolls Data
Gold Eyes Weekly Gain Ahead of Key US Payrolls Data

Gold prices ​were steady on Friday and poised for a modest weekly gain, as ‌traders' attention turned to key U.S. payrolls data for clues...

UK Car Sales Rise for 9th Month; Focus Turns to September
UK Car Sales Rise for 9th Month; Focus Turns to September

Britain's new car sales rose nearly 14% from a year ago in ​August, marking the ninth consecutive month of growth, ‌industry data showed...

Tech Pilgrims Flock to China as Innovation Race Heats Up
Tech Pilgrims Flock to China as Innovation Race Heats Up

Humanoid robots working on factory floors, AI models challenging global rivals and electric-vehicle plants churning out cars at...

Japan July Household Spending Drops at 2.5-Year Fast Pace
Japan July Household Spending Drops at 2.5-Year Fast Pace

Japanese household spending fell in July at the fastest annual pace in 2-1/2 ​years, government data showed on Friday, highlighting lacklustre...

Nvidia Bets $13 bln on Open AI Models with Hugging Face Deal
Nvidia Bets $13 bln on Open AI Models with Hugging Face Deal

Nvidia will buy popular developer platform Hugging Face for $12.93 billion, using its growing AI war chest to expand its influence in ‌the...

September 3, 2026
UK Electric Car Sales Jump 30% in Aug to Lead Market, Data
UK Electric Car Sales Jump 30% in Aug to Lead Market, Data

UK registrations of battery electric vehicles rose ‌about 30% in August from a year earlier, making it the single biggest fuel type in the...

Indian Banks Pitch FX Swaps to Drain Surplus Liquidity
Indian Banks Pitch FX Swaps to Drain Surplus Liquidity

Indian lenders proposed using foreign exchange sell/buy swaps to gradually withdraw excess rupee liquidity from the banking system ​at a meeting...

India's $136B Haul Aids Rupee, Raises Future Risks
India's $136B Haul Aids Rupee, Raises Future Risks

The Indian rupee climbed to a two-month ​high on Thursday after a much larger-than-expected $136.4 billion raised through one-off...

UK Stocks Recover as Bond Rally Lifts Risk Sentiment
UK Stocks Recover as Bond Rally Lifts Risk Sentiment

The UK's ​main stock indexes recovered on Thursday as a ​rally in global bonds ahead of a U.S. jobs ⁠report lifted risk sentiment, while firmer...

S&P Warns of Risks from China's Generous Credit Ratings
S&P Warns of Risks from China's Generous Credit Ratings

Generous credit ratings are baking risks into China's booming bond market as Beijing attracts foreign issuers, S&P Global Ratings'...

China's Moonshot AI Confidentially Files for HK IPO
China's Moonshot AI Confidentially Files for HK IPO

Beijing-based startup Moonshot has confidentially filed for a Hong Kong initial public offering, said three people ‌with knowledge of the...

EU Luxury Stocks Slide on Cautious Recovery Hopes
EU Luxury Stocks Slide on Cautious Recovery Hopes

European luxury stocks fell on Thursday, extending recent losses as investors grew increasingly cautious about the ​sector's recovery...

Microsoft Reveals Azure Cloud Sales in Reporting Shift
Microsoft Reveals Azure Cloud Sales in Reporting Shift

Microsoft on Wednesday reported sales from its Azure cloud computing unit on a quarterly basis for the first time, providing a direct...

German Firms Feel Pressure from Chinese Rivals, Survey Finds
German Firms Feel Pressure from Chinese Rivals, Survey Finds

German companies are increasingly feeling competitive pressure from ‌Chinese rivals, but most are responding with innovation, cost cuts and...

UK Economy Gathers Pace but Cost Pressures Intensify: PMI
UK Economy Gathers Pace but Cost Pressures Intensify: PMI

Activity in Britain's dominant services sector grew for the second month in a row in August and confidence ​rose, according to a survey on...

Stocks, Bonds Rise ahead of US Data, Fed Speeches; Yen Soars
Stocks, Bonds Rise ahead of US Data, Fed Speeches; Yen Soars

Global stocks and bonds rallied on Thursday, while the yen rose ahead of U.S. data and central ​banker comments that could reinforce investor...

Swiss Economy Grows at Fastest Rate in nearly Five Years
Swiss Economy Grows at Fastest Rate in nearly Five Years

The Swiss economy grew by 1.5% in the second quarter of 2026, the government said on Thursday, its fastest growth ​rate in nearly five...

French Services PMI Contracts Faster in Aug on Weak Demand
French Services PMI Contracts Faster in Aug on Weak Demand

France's services sector contracted more than expected in August, as weaker demand and extreme heat weighed on sales and ​inflationary pressure...

China E-Commerce Enters New Phase as Delivery Price War Ends
China E-Commerce Enters New Phase as Delivery Price War Ends

China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics, flowers and...

Oil Edges Down as Markets Weigh US-Iran Strike Risks
Oil Edges Down as Markets Weigh US-Iran Strike Risks

Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk ​disrupting...

VinFast Taxi Unit GSM Eyes US, EU Expansion ahead of HK IPO
VinFast Taxi Unit GSM Eyes US, EU Expansion ahead of HK IPO

Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast, the country's largest carmaker, plans to expand into...

Olympus-Backed Accelevation Files for US IPO
Olympus-Backed Accelevation Files for US IPO

Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering ​on Wednesday, seeking to tap into the...

Wall St Ends Higher as Stocks Reclaim some Shine
Wall St Ends Higher as Stocks Reclaim some Shine

Wall Street advanced on Wednesday, notching a partial rebound from a ​three-day losing streak as investors searched for deals among stocks and...

Japan Services Growth Hits Five-Month High, PMI Shows
Japan Services Growth Hits Five-Month High, PMI Shows

Japan's services sector expanded at its fastest pace in five months in August, as stronger domestic demand ​lifted business activity and new...

Elliott Builds Stake in Deutsche Telekom, Source Says
Elliott Builds Stake in Deutsche Telekom, Source Says

Elliott Investment Management has built a stake in Deutsche Telekom, a person with knowledge of ​the matter said on Wednesday. The exact size...

HPE Hikes Outlook on AI Demand, Stocks Drop on Supply Fears
HPE Hikes Outlook on AI Demand, Stocks Drop on Supply Fears

Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street ​expectations, as...


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