Economic news

Oil futures saw significant pressure Friday, with the U.S. benchmark pulling back from a 22-month high, as a rise by the U.S. dollar and jitters...

The Russian rouble gave up earlier gains on Friday as oil prices slipped and the dollar firmed against most major currencies due to rising U.S....

Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier...

U.S. consumer spending rebounded strongly in January as the government doled out additional pandemic relief money to low-income households and new...

India’s economy expanded by 0.4% year-on-year in the October-December quarter, returning to growth after shrinking for two straight quarters,...

The Turkish lira slid for a fifth straight day on Friday, hit by surging U.S. bond yields that helped erase all the year’s gains and set the...

The Moscow Exchange aims to attract Asian investors with extended trading hours, while also betting on an increase in retail clients and corporate...

Oil prices fell on Friday as bond price rout led to gains in the U.S. dollar while crude supply is expected to rise in response to prices climbing...

U.S. stock index futures retreated on Friday as lofty tech stocks bled further amid elevated U.S. bond yields and prospects of a spike in inflation.

European stocks retreated slightly on Friday, after global markets were roiled by a sudden spike in bond yields that sent investors fleeing highly...

The Bank of Japan bought exchange-traded funds (ETFs) on Friday for the first time this month as Tokyo stock prices slumped, data showed, in a sign...

Sterling fell against a stronger dollar on Friday, retreating from a three-year high touched earlier this week, as a rout in global bond markets...

Rates as of 05:00 GMT Market Recap How things change! Yesterday the screen was all green when I woke up and I was asking for songs about green...

Euro zone government bond yields stabilised on Friday after this week’s dramatic selloff, although Germany’s benchmark yield was still...

Tremors from higher U.S. real yields knocked nearly 3% from emerging market stocks on Friday, setting the benchmark index for its biggest weekly...

The export-heavy FTSE 100 fell 1% on Friday as a broader sell-off in bonds spread to global equities, while British Airways owner IAG rose 2.6%...

Copper prices fell on Friday, as a week-long rally in base metals ran out of steam, but the metal was on track for its best month since 2016 on low...

The Australian dollar was sent reeling from multi-year peaks on Friday as a rout in bond markets spread to other risk assets, spurring the...

India’s largest brokerage Zerodha is facing a backlash from traders who saw their equity positions abruptly closed during an exchange glitch,...

Costco Wholesale Corp is raising the minimum wage for its hourly staff to $16 from next week, a dollar more than what its competitors Amazon.com...

Ireland is targeting a return to full employment, where just about everyone who wants a job has one, no later than 2023, Deputy Prime Minister Leo...

Bitcoin (BTC) may be worth almost three times more than at the height of its 2017 bull run, but a lot of hodlers from that time refuse to sell. The...

Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing...

Looking to holiday in Greece or Spain? You could be waiting some time. European leaders are expected to say on Thursday that all non-essential...

Australia has passed a new law that will require digital platforms like Facebook and Google to pay local media outlets and publishers to link their...

Shares of heavily-shorted airline Air France KLM rallied as much as 10% on Thursday as early signs of easing travel restrictions lured investors to...

Gold futures were on track to decline for a third straight session Thursday as government bond yields extended their climb to the highest level in...

Oil futures rose Thursday, on track for a fourth straight winning session as crude tests levels last seen in January of 2020 as traders found...

Shares of GameStop climbed more than 70% in premarket trade on Thursday as heavily-shorted stocks favored by Reddit traders look set for a...

A rally in risk currencies on Thursday helped Britain’s pound steady near $1.41, a day after it hit its highest levels in nearly three years.

The chief executive of Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of...

Euro zone bond yields continued their rise on Thursday, tracking U.S. Treasuries higher, as investors watch the European Central Bank for further...

Tenaris shares rose as much as 13% on Thursday after the Milan-listed steel pipe maker beat fourth-quarter earnings expectations and issued 2021...

Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time....

Hong Kong residents are buying more houses and apartments to lease out for income in Britain, property agents say, a trend that coincides with what...

The bull-run in global stocks fuelled by cheap cash and reflation hopes will continue for at least another six months but a rise in bond yields as...

French retailer Casino on Thursday vowed to boost its profitability and cash flow further this year and push on with its asset disposal plan to...

Global stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time, calming...

Japan’s Nikkei index closed above the 30,000-mark on Thursday after Federal Reserve Chair Jerome Powell views signalled that interest rates...

Shanghai copper prices leaped to a near 10-year high on Thursday, while other base metals also gained as the U.S. Federal Reserve reaffirmed its...

President Joe Biden said on Wednesday he would seek $37 billion in funding for legislation to supercharge chip manufacturing in the United States...

The safe-haven U.S. dollar languished near three-year lows versus riskier currencies on Thursday as continued dovish signals from the Federal...