Economic news

Morgan Stanley delivered a bullish outlook Thursday after reporting third-quarter earnings which were comfortably ahead of market expectations,...

Indian fintech firm Pine Labs is considering an initial public offering in as little as a year, its chief executive said on Thursday, as the...

At one point yesterday, Bitcoin went into a correction, but it was short-lived. The bulls won, not only buying back the decline but also sending...

The big event yesterday was the US consumer price index (CPI) for September. It proved a bit higher than expected with regards to the...

Japanese government bond yields fell on Thursday, tracking long-dated U.S. Treasury yields lower, while investors did not react to a weaker demand...

Indian shares were at record highs on Thursday and on course to finish the holiday-shortened week around 2% higher, powered by gains in technology...

Shares of Chinese real estate firms slid on Thursday as investors fretted about a debt crisis rippling through developers including China...

Japan’s Nikkei share average rose on Thursday, tracking the Nasdaq overnight, with gains led by chip equipment maker Tokyo Electron and other...

The Australian and New Zealand dollars edged higher on Thursday as a pullback in longer-term Treasury yields undermined their U.S. counterpart,...

European stocks extended losses on Wednesday as investors were unnerved by the prospect of rising inflation slowing growth, while software group...

London’s FTSE 100 index fell on Wednesday as signals of economic growth bolstered bets of a rate hike by the Bank of England before the end...

German bond yields touched their highest in nearly five months on Wednesday ahead of U.S. inflation data that will shed further light on the...

After a few days of large moves, markets were fairly subdued yesterday. The S&P 500 was down 0.24% and NASDAQ down 0.14%, while the Euro Stoxx...

Japanese shares fell on Wednesday as investors awaited U.S. consumer price data due later in the day, while department store operator J. Front...

China’s thermal coal prices surged to fresh record highs on Wednesday as recent floods in a key coal producing province worsened a supply...

Gold held steady on Wednesday, underpinned by a slight pullback in the dollar and U.S. Treasury yields, as investors awaited U.S. inflation data to...

The Australian dollar was consolidating broad gains on Wednesday as strength on global commodity prices and rising bond yields gave it a leg up on...

The dollar eased back from a one-year high versus major peers on Wednesday ahead of U.S. consumer price data that could provide additional clues on...

China’s iron ore imports in September fell 1.9% from a month earlier, official customs data showed on Wednesday, as environment-related steel...

China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising...

China’s export growth was faster than expected in September, as solid global demand offset some of the pressure on factories from power...

China’s soybean imports in September fell 30% from the same month the previous year, customs data showed on Wednesday, as poor crush margins...

Cryptocurrency products and funds attracted $226.2 million in investments last week, marking their eighth straight week of inflows, a report from...

U.S. stocks finished lower on Tuesday, extending losses late as investors grew more jittery in the run up to third-quarter earnings, while a jump...

Oil futures saw mixed trading on Tuesday, with U.S. prices attempting to stretch their streak of gains into a fourth session but global crude...

Gold futures headed higher on Tuesday, with the precious metal looking to end a three-session losing streak after the International Monetary Fund...

Russia has raised its 2021 inflation forecast to 7.4% from 5.8%, the economy minister said on Tuesday, adding to pressure on the central bank to...

Gains in technology stocks kept Nasdaq futures afloat on Tuesday, while futures tracking the Dow and the S&P 500 were pressured by worries of...

China’s ruling Community Party turned its sights on the country’s vast financial sector this month, kicking off a new round of a...

Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of the sector’s woes, Evergrande...

Nigerian art dealer Ebuka Joseph started using cryptocurrencies last year when business ground to a halt due to COVID-19. Now he is hooked even...

Gold prices rose on Tuesday as a risk-off sentiment and concerns over inflation bolstered its appeal, however expectations that the U.S. Federal...

European shares lost ground on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh...

A major “risk-on” day in the FX market, as you can tell from the fact that AUD is at the top of my list and JPY is at the...

London’s FTSE 100 index fell on Tuesday, led by declines in heavyweight mining and banking stocks, as sentiment was weighed by higher energy...

British employers took their payrolls to a record high in September, shortly before the end of the government’s wage subsidies programme,...

Japanese shares closed lower on Tuesday after a three-session rally, tracking a weaker finish on Wall Street and as big tech stocks sold off amid...

Most Japanese government bond yields were flat on Tuesday after a moderately solid outcome of an auction for 30-year notes and as investors stayed...

China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other...

The yen hit a fresh three-year low on Tuesday, before steadying as traders doubled down on expectations U.S. rates will rise well ahead of peers,...

British shoppers increased their spending in September at the slowest pace since January, when the country was stuck in a coronavirus lockdown, as...

Indian shares inched away from record levels and were muted early on Tuesday, as auto stocks gained for a fourth straight session and offset losses...