Economic news

Shares of Tata Consultancy Services logged their biggest percentage rise in six weeks on Friday after the largest Indian IT services company...

The Indian rupee ended flat on Friday but declined in a week in which the Reserve Bank ​of India delivered its first rate hike in nearly four years...

US companies are likely to deliver another earnings surge for the third quarter, and like the rally in the stock market, AI-related players are...

London shares rose on ​Friday as easing oil prices and a retreat in gilt yields ‌lifted sentiment, putting the main UK indexes on track to end...

Gold advanced more than 1% on Friday on a combination ‌of cooling oil prices and a softer US dollar, with markets weighing the likelihood of...

China ​is set to resume October refined fuel exports after a brief halt during its Golden Week holiday, four traders ‌familiar with...

Major European companies are expected to report substantially higher third-quarter earnings, the latest LSEG I/B/E/S data showed on Thursday,...

China's ​tax crackdown on wealthy individuals has become the latest headache for luxury brands, already grappling with the fallout from the...

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial...

Tanker freight rates soaring to record highs are putting US crude oil out of reach for Asian refiners, pushing them to ​seek alternatives from the...

Revolut would favor a primary listing in ​the United States if the digital bank decides ‌to pursue an initial pubic offering in the future,...

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp...

Tata Consultancy Services reported its weakest September-quarter sequential revenue growth ‌in three years, signaling continued pressure...

London stocks slipped on Thursday as surging oil prices and a global bond rout brought inflation worries back ​to the forefront, but sharp gains in...

The German government ​has raised its economic growth forecasts for this year and next, as the Iran war is not hurting the economy ‌as much as...

PepsiCo warned on ​Thursday that growth and margin recovery in its key North American market was taking longer than planned and said ‌it...

Samsung Electronics on Thursday projected its quarterly ​profit would top 100 trillion won, a world first for a technology company, estimating...

Investors will scrutinize US quarterly bank earnings next week for signs that a recent spike in Treasury ​yields may curb dealmaking and lending...

The US dollar has surged to an 18-month high this fall, with the latest gains driven by uncertainty across the ​Atlantic that is emboldening some...

Taiwan's exports rose more than expected to ​a record monthly level for a second straight ‌month in September, lifted by demand for the...

Pfizer will cut around 330 jobs at ​its plant in Sicily, trade unions said on ‌Wednesday, making the US drugmaker the latest...

Thailand's central bank chief said on Thursday there is no rush to raise interest rates and ​monetary policy could not address structural...

Japan's Fast Retailing, owner of global clothing brand Uniqlo, booked its fifth consecutive record annual profit on Thursday, citing strong...

Top Russian and US officials, including US Special Envoy Jared Kushner, have held talks about bringing a US investor into the Nord Stream pipelines...

The Bank of Japan said price ‌increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices...

TSMC, the world's largest contract chipmaker, reported on Thursday record third-quarter revenue of T$1.49 trillion ($46.71 billion), beating...

Daimler Truck reported ‌26% growth in third-quarter vehicle sales on Thursday, as deliveries increased at both its ​North American unit...

Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing ‌region amid an increase in attacks on...

Asian shares slid on Thursday as strains in sovereign bond markets were aggravated ​by reports some major tech companies were seeking to raise...

Wall Street closed lower on Wednesday, as long-dated US Treasury yields resumed their climb, reviving fears about inflation and mounting debt the...

British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff pushed ​equivalent US borrowing costs to their highest...

Shares in top European banks fell sharply on Wednesday as a renewed bond ​selloff and rising oil prices stoked concerns ‌that inflation could...

Oil prices rose on Wednesday, with Brent futures holding above $100 a barrel, on continued Middle East supply risks and a storm heading for...

UK's FTSE 100 edged ​lower on Wednesday after three consecutive sessions of gains, weighed ‌down by banking stocks, as rising oil prices...

Sterling scaled a 16-month high against the euro on Wednesday as France's fiscal concerns continued to weigh on the single currency, ​although...

The global economy is under threat from persistently high energy prices, ​record public debt and risks from the AI investment boom, International...

Porsche is reshaping its business ‌for a future with lower sales volumes, the sports car maker said on Wednesday, betting that a greater...

European stocks and the euro dropped on Wednesday as oil prices rose above $100 amid renewed Middle ​East tensions while fiscal concerns continued...

The US dollar edged higher on Wednesday, buoyed by rising oil prices, while investors awaited Federal Reserve meeting minutes and remarks from...

The world's rich view rising rates and yields as the biggest threat to global economic ​growth, while a large majority expect Asia to ‌be...

US credit card spending on luxury brands fell for a third consecutive month in September, retail lender Citi said on Tuesday, signalling further...

US ​stocks ended higher on Tuesday as crude prices steadied and US Treasury yields eased, offering some reprieve from concerns that have...