Economic news

U.S. corn futures rose 1% on Friday to rebound from a two-week low touched earlier in the session, though the grain was on course to post its...

The Australian and New Zealand dollars were nursing steep losses for the week on Friday as failures to sustain breaks to upside risked a purge of...

Wall Street’s main indexes were set to open higher on Thursday, with the tech-heavy Nasdaq rebounding, after data showed fewer Americans...

Russia’s economy is on track to grow by nearly 4% in 2021, the upper boundary of the previously expected range, the central bank’s head...

Gold prices retreated on Thursday, heading for a third straight slide as the precious metal extended a fall from the highest levels since around...

Oil futures fell Thursday, on track to snap a four-day winning streak, as the Colonial Pipeline resumes operations on the U.S. East Coast after...

Canadian semiconductor technology company Alphawave’s shares plunged as much as 21% on their London market debut on Thursday, shrinking its...

Bitcoin regained some of the losses sustained after Elon Musk said that Tesla would stop accepting the digital tokens as payment for its cars, and...

Oil prices fell more than 2% on Thursday as India’s coronavirus crisis deepened and a key U.S. pipeline resumed operations, halting a rally...

British inspection and product testing company Intertek Group agreed on Thursday to buy SAI Global Assurance for A$855 million ($660 million), as...

India’s central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market...

There is probably less than meets the eye from the startling inflation pop in April, as goods impacted by a variety of temporary influences pushed...

Sterling steadied above $1.40 against the dollar on Thursday after losing its perch near $1.41 the previous day when stronger than expected U.S....

Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary policy after strong inflation data weighed on most...

Investors dumped shares on Thursday after a bigger-than-expected rise in U.S. inflation spooked Wall Street and sent bond yields surging, with...

A bad, bad day for risk assets. European stocks closed somewhat higher on optimism about economic reopenings and the commodity boom, but the mood...

Japanese shares sank on Thursday, with the Nikkei average hitting a four-month low, as SoftBank Group and expensive stocks were pummelled by U.S....

Asian shares slipped to seven-week lows on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on...

Cryptocurrency exchange operator Huobi Group has launched an investment arm with $100 million to spend, setting aside some cash specifically for...

The Australian and New Zealand dollars sank to one-week lows on Thursday against their U.S. counterpart, which was buoyed by expectations of...

Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled...

US inflation data caused a surge in volatility. The general price index rose 0.8% for April, against expectations of 0.2% and 0.6% in March. The...

Wall Street’s major averages fell on Wednesday after stronger-than-expected inflation data stoked fears of tighter monetary policy to combat...

An Australian computer scientist who alleges he created bitcoin has launched a London High Court lawsuit against 16 software developers in an...

Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500 per cent on the back of a growing interest in...

Yesterday we saw a correction in equities developing in the markets. This provided temporary support for the Dollar index, which stabilised close...

German bond yields fell from their highest in over a year as stock markets steadied on Wednesday and the market awaited U.S. inflation data due...

California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures...

The pound held steady above $1.41 on Wednesday after UK GDP data for March beat market expectations, keeping investors optimistic about the...

The theme of the day was “risk-off” as investors anticipated a worrisome US consumer price index (CPI) reading today (see below). The...

Gold prices fell on Wednesday, weighed down by higher U.S. Treasury yields and a slight rebound in the dollar ahead of the much-awaited U.S....

Japanese shares fell on Wednesday, following a weak finish on Wall Street and as investors were concerned by the Bank of Japan’s absence...

Ginkgo said on Tuesday it was planning to go public through a merger with a blank-check vehicle backed by former Hollywood executives Harry Sloan...

The Australian and New Zealand dollars pared recent gains on Wednesday as a sell-off in global shares dragged on risk currencies, while Aussie...

U.S. job openings surged to a record high in March while hiring lagged, further evidence that a shortage of workers was hampering job growth.

Gold prices were seeing lackluster trade Tuesday, edging lower but mostly holding near the highest levels since February, amid selling of assets...

Wall Street’s main indexes were set to open sharply lower on Tuesday, signaling another day of losses for technology-related stocks with...

Oil futures traded lower Tuesday, with investors looking past the closure of the Colonial Pipeline that provides 45% of the fuel consumed on the...

There is a new momentum of pressure on technology stocks in the markets, which showed up in a 2.5% drop of the Nasdaq on Monday. Meanwhile, Dow...

Most emerging market currencies and stocks on Tuesday eased from recent highs as investors braced for a possible spike in U.S. inflation, while the...

Investor sentiment in Germany surged in May thanks to a third wave of the COVID-19 pandemic tailing off, a survey showed on Tuesday, pointing to a...

London copper prices climbed on Tuesday, as traders bet on demand prospects from metal-reliant renewable energy and electric vehicles (EV) sectors...