Economic news


Shares Drift ahead of Nvidia Earnings; Oil Wobbles

Shares Drift ahead of Nvidia Earnings; Oil Wobbles

Asia shares were rangebound on Tuesday while oil prices held to losses, after threats from the U.S. for an "economic ​D-Day" of sanctions on Iran turned out to be a damp squib. U.S. Treasury yields were off their recent highs following a report that the ‌Treasury Department mi...


August 25, 2026
BNP Paribas Receives Saudi Regional Headquarters Licence
BNP Paribas Receives Saudi Regional Headquarters Licence

BNP Paribas has received a regional ​headquarters licence in Saudi Arabia, ‌Saudi state news agency SPA reported on Tuesday, as...

Apple Launches Faster Mac Mini, Mac Studio to Tap AI Boom
Apple Launches Faster Mac Mini, Mac Studio to Tap AI Boom

Apple on Tuesday unveiled a more powerful Mac mini aimed at consumers looking to host AI agents remotely, marking what is likely the final...

New US Single-Family Home Sales Slide in July
New US Single-Family Home Sales Slide in July

Sales of new U.S. single-family homes tumbled in July as high mortgage rates and prices weighed on the market and continued to sideline potential...

FTSE Indexes Climb as Housing Plan Boosts Builders
FTSE Indexes Climb as Housing Plan Boosts Builders

The main UK stock indexes climbed on Tuesday, as housebuilders were lifted by the British government's plans to spend £10 billion on...

Sterling Near 6-Month High on BoE Rate Hike Bets
Sterling Near 6-Month High on BoE Rate Hike Bets

The pound ​held its ground near a six-month high versus the dollar on Tuesday, ‌underpinned by expectations for interest rate hikes by the...

US Leveraged Single-Stock ETF Boom may be Cooling
US Leveraged Single-Stock ETF Boom may be Cooling

Red-hot demand for high-risk leveraged and inverse single-stock ETFs may be starting to cool. The increasingly volatile bull market ​has...

Melrose Shares Rise on Garden Grove Plant Reopen Timeline
Melrose Shares Rise on Garden Grove Plant Reopen Timeline

Shares of Melrose Industries rose 8% on Tuesday after the GKN Aerospace owner ​said it was targeting September 28 to ‌resume full...

Unitree's Post-Listing Slump Sparks Bubble Fears
Unitree's Post-Listing Slump Sparks Bubble Fears

A roughly 45% slump in the shares of Unitree, China's best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut...

Enflame Sets Subscription Date for $900M Shanghai IPO
Enflame Sets Subscription Date for $900M Shanghai IPO

Enflame Technology , one of China's leading AI chipmakers, will open share subscriptions on September 2 for its 6 billion yuan ($892.21...

Japan Bond ETFs Draw Record $1.5B Inflows, Morningstar Says
Japan Bond ETFs Draw Record $1.5B Inflows, Morningstar Says

Japanese bond exchange traded funds have attracted a record $1.5 billion ​in net inflows in the ‌year to date, Morningstar data showed on...

Lego Sales Rise as World Cup Products Draw new Customers
Lego Sales Rise as World Cup Products Draw new Customers

Lego sales jumped 21% in the first half as ‌soccer World Cup and Formula 1 sets attracted new customers, the Danish toy brand said on...

Stablecoin Card Spend to Hit $50B/Yr by 2028: RedotPay
Stablecoin Card Spend to Hit $50B/Yr by 2028: RedotPay

Global stablecoin card spending is expected to quadruple to $50 billion a year by ​2028, stablecoin payments company RedotPay said on...

Japan Inc Seeks new Hedges for a Long Era of Yen Weakness
Japan Inc Seeks new Hedges for a Long Era of Yen Weakness

Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets south of Tokyo, imports that have more...

Gold Steadies after Hitting over 3-Month Peak, US Data Looms
Gold Steadies after Hitting over 3-Month Peak, US Data Looms

Gold held ​steady after hitting its highest in more than three months on Tuesday, ‌as investor focus shifted to upcoming U.S. inflation data...

Oil Extends Fall as Market Shrugs Off US Iran Sanctions
Oil Extends Fall as Market Shrugs Off US Iran Sanctions

Oil prices fell further on Tuesday after settling down more ​than 2% in the previous session, with investors brushing off the impact of the latest...

Bitcoin Surges Past $80K on Weak Dollar, Debasement Risk
Bitcoin Surges Past $80K on Weak Dollar, Debasement Risk

Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by ​Treasury...

Woodside Scraps Clean Energy Target, Posts 7% H1 Profit Rise
Woodside Scraps Clean Energy Target, Posts 7% H1 Profit Rise

Woodside Energy on Tuesday abandoned a longer-term emissions target and $5 billion in planned clean energy spending by ‌2030 to focus on...

Gold Fields H1 Profit Jumps 81%, Boosts Dividend
Gold Fields H1 Profit Jumps 81%, Boosts Dividend

South Africa's Gold Fields ​said on Tuesday its half-year profit ‌rose 81%, driven by higher gold prices, output and sales. The...

S&P 500, Nasdaq Slip on Tech Losses and Iran Risks
S&P 500, Nasdaq Slip on Tech Losses and Iran Risks

The S&P 500 and Nasdaq ended lower on Monday, pulled down by technology stocks, as investors weighed fresh U.S. economic pressure against Iran...

India Shares Subdued on Mideast Tensions, Nifty Expiry
India Shares Subdued on Mideast Tensions, Nifty Expiry

Indian shares edged lower on Tuesday as higher oil prices due to Middle East ​tensions weighed, while investors awaited the monthly expiry of Nifty...

Ghana Gold Buyers Went Weeks Without Funds, Sources Say
Ghana Gold Buyers Went Weeks Without Funds, Sources Say

Ghana's artisanal gold marketing agency GoldBod has not provided funds ‌to its gold suppliers for as long as three weeks, forcing some...

August 24, 2026
US-Mexico Cattle Trade Reopens Amid Screwworm Risk
US-Mexico Cattle Trade Reopens Amid Screwworm Risk

Mexico is bolstering its screwworm containment campaign in northern border states where recent ​cases have been detected, heightening scrutiny of...

TSX Flat as Market Weighs US Tariffs, Iran Risk
TSX Flat as Market Weighs US Tariffs, Iran Risk

Canada's commodity-heavy stock index was little changed on ‌Monday, as investors weighed new U.S. tariffs on Canadian goods and awaited...

Altria, Philip Morris Sign Contract Manufacturing Deals
Altria, Philip Morris Sign Contract Manufacturing Deals

Philip Morris International and Altria said on Monday they had ​entered contract manufacturing arrangements with one another, as...

Oil Falls ahead of US Announcement of New Sanctions on Iran
Oil Falls ahead of US Announcement of New Sanctions on Iran

Oil prices slipped more than $1 a barrel on Monday as investors took profits after ‌recent gains and awaited details of expected new U.S....

TCS to Buy Porsche's IT Unit, Bags 5-Year Deal Worth $1.46B
TCS to Buy Porsche's IT Unit, Bags 5-Year Deal Worth $1.46B

Tata Consultancy Services will buy Porsche AG's automotive and consulting unit MHP, ​the IT major said on Monday, as part of ‌a...

Equinor, Aker BP and Vaar Eye Big Norway Oil, Gas Finds
Equinor, Aker BP and Vaar Eye Big Norway Oil, Gas Finds

Equinor, Aker BP and Vaar Energi are teaming up to drill wells in less explored areas of Norway's continental shelf, aiming to make...

India Sugar Rally Driven by Speculation, Official Says
India Sugar Rally Driven by Speculation, Official Says

India has enough sugar stocks to meet festival-season demand, with a record price rally ​driven by speculative buying rather than any real supply...

Miners Support UK Stocks as Investors Eye Key Events
Miners Support UK Stocks as Investors Eye Key Events

The main UK stock indexes edged higher on Monday, as miners helped offset geopolitical tensions, while investors braced for big-ticket events that...

Sterling Pauses After 4-Week Rally on US-Iran Risk
Sterling Pauses After 4-Week Rally on US-Iran Risk

The British pound ticked lower against the dollar on Monday, easing from a four-week rally and as investors braced for a wave of U.S....

Xiaomi, TSMC Partner on New Xring Chip, Sources Say
Xiaomi, TSMC Partner on New Xring Chip, Sources Say

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house ‌Xring handset processor, betting that greater control...

China’s $119B Policy Fund Opens Applications Amid Lag
China’s $119B Policy Fund Opens Applications Amid Lag

China has opened applications for an 800 billion yuan ($119 billion) policy-based financing tool for local government projects to shore up slowing...

India Plans First Tokenised Bond Issue in September, Sources
India Plans First Tokenised Bond Issue in September, Sources

India will launch tokenised corporate bonds next month, as it tests the use of blockchain technology to enable instant settlement of bond...

Shein Shrinks Value to Up to $27B in Hong Kong IPO
Shein Shrinks Value to Up to $27B in Hong Kong IPO

Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70% below its private-market peak four...

India's Godrej to Invest $2 Billion in Haryana State
India's Godrej to Invest $2 Billion in Haryana State

India's Godrej Industries group on Monday said it has signed a pact with the ​government of Haryana to invest 200 billion rupees ($2.09...

Dollar Pinned at Multi-Month Lows as Debt Nerves Weigh
Dollar Pinned at Multi-Month Lows as Debt Nerves Weigh

The U.S. ​dollar hovered near multi-month lows on Monday in a market unsettled by the U.S. Treasury's promise to buy back ‌more long-dated...

Shares, Oil Dip as US Sanctions on Iran Loom
Shares, Oil Dip as US Sanctions on Iran Loom

Global stocks slipped on Monday and oil prices ​eased as investors awaited details of threatened U.S. sanctions on Iran, while...

Swiss Industry Fears EU Tariff Gap May Hurt US Exports
Swiss Industry Fears EU Tariff Gap May Hurt US Exports

Swiss industrial companies fear higher tariffs they face on exports to the United States are putting them at a ​major disadvantage against European...

Alibaba Shares Slide After $10.2B AI Share Sale
Alibaba Shares Slide After $10.2B AI Share Sale

China's Alibaba shares slumped ​in Monday Hong Kong trade after it launched a $10.2 billion share sale at a sharp discount to fund its...

High Oil Prices and Subsidies Boost European EV Sales
High Oil Prices and Subsidies Boost European EV Sales

Electric vehicle sales accelerated across much of Europe in July, as high oil prices, subsidies and availability of more ​affordable models...

Gold hits over 3-mth high Ahead of US Data, Fed Speech
Gold hits over 3-mth high Ahead of US Data, Fed Speech

Gold prices hit their highest in ​more than three months on Monday as a subdued dollar lent ‌support, while focus shifted to key U.S....

UK Economy Hands Burnham Surprise Boost before First Budget
UK Economy Hands Burnham Surprise Boost before First Budget

Britain is showing surprising signs ​of strength among businesses and consumers, in an early boost for new Prime Minister Andy Burnham, despite the...


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