Economic news

Gathering gloom about prospects for the global economy lifted the safe-haven dollar on Friday and pressured risk-sensitive currencies, with the...

A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global shortage of semiconductor chips as...

The second half of the year started with more volatility for global stocks on Friday, as recession concerns that have built in recent weeks also...

Gains in consumer goods and financial stocks helped India's blue-chip share indexes recover sharply on Friday, after government export duties...

The Russian rouble plunged more than 6% against the dollar on Friday to its weakest level in 10 days, while shares in Gazprom extended losses...

U.S. mortgage lenders, refinancing companies and real-estate brokers may lay off thousands of employees in the coming months, industry sources...

The Indian rupee plunged on Friday to mark the fourth straight session of record lows, breaking below the 79-per-dollar mark, weighed down by broad...

Tremendous volatility in JPY and AUD!. It’s hard to say exactly what triggered the move. USD/JPY was moving lower (JPY strengthening)...

Credit rating agency Fitch downgraded its view on sovereign debt on Thursday on concerns about the rise in global borrowing costs and the potential...

The mood among Japan's big manufacturers' soured for a second straight quarter in the three months to June, a central bank survey showed on...

TOKYO, July 1 (Reuters) - Japan's factory activity growth slowed in June as supply disruptions in part due to China's strict COVID-19 curbs...

Australian home prices slipped for a second month in June as once red-hot markets in Sydney and Melbourne felt the chill from rising interest rates...

India's federal fiscal deficit between April and May touched 2.04 trillion rupees ($25.84 billion), or 12.3% of the year-to-March budgeted...

Walgreens Boots Alliance Inc reported a quarterly adjusted profit ahead of analysts' estimates on Thursday, as demand for its products in...

Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a Reuters...

Copper prices fell on Thursday and were down almost 20% in the second quarter, the biggest quarterly fall since 2011, after COVID lockdowns in...

Germany’s Uniper is in talks about a possible government bailout as the financial fallout from dwindling supplies of Russian gas...

Stocks sank on Thursday to extend what is the worst first half of a year for global share prices on record, as investors fret that the latest show...

Novartis said on Tuesday a previously announced restructuring programme could lead to 8,000 jobs being cut, or about 7.4% of its global...

Indian shares on Thursday ended lower and clocked their worst quarter since the early days of the pandemic, beset by fears that aggressive central...

Banks should take a conservative approach to setting aside capital to cover risks from "unbacked" crypto assets on their books, the...

U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame...

The Russian rouble rose on Thursday, heading towards its strongest levels since 2015 as it retained support from high commodity prices, while...

London's FTSE 100 fell on Thursday and was set for its first quarterly drop since September 2020, as concerns grew that prolonged inflationary...

Oil prices were largely steady in volatile trading on Thursday as the market weighed concerns over global supply against a build in U.S. fuel...

The British pound rose against the dollar and euro on Thursday as investors shrugged off official data revealing a record shortfall in the United...

Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending...

European shares on Thursday looked set for their worst quarter since the pandemic-led carnage in early 2020, as investors became increasingly wary...

Looking at the second graph above, today seems to be largely a continuation of yesterday – most of the currencies fall pretty neatly on the...

The S&P 500 ended a seesaw session slightly down on Wednesday as investors staggered toward the finish line of a downbeat month, a dismal...

The Swiss franc rose on Wednesday to its highest level against the euro in four months as rising recession fear in the euro zone led investors to...

German authorities have raided Hyundai and Kia over allegations that they put over 210,000 diesel vehicles with suspected illegal defeat...

South Korean consumers turned pessimistic about overall economic conditions in June for the first time in more than a year, while their inflation...

Indian shares fell on Wednesday to snap a four-day winning streak as worries over inflation resurfaced amid surging oil prices, while domestic...

H&M, the world's second-biggest fashion retailer, reported a forecast-beating 33% increase in March-May profit on Wednesday as shoppers...

Spanish 12-month inflation rose to 10.2% in June, the first time it has surpassed 10% since April 1985, from 8.7% in the previous month,...

European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening, with investors looking...

TOKYO, June 29 (Reuters) - Toyota Motor Corp's (7203.T) global production for the first five months of 2022 fell 9.7% short of its...

Currencies yesterday moved largely on interest rate changes. Sharp-eyed viewers may notice that CHF isn’t included in the above charts....

The Russian rouble rallied on Wednesday to its strongest levels in more than seven years, nearing 50 against the dollar for the first time since...

Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the...

UK's top share index slipped from two-week highs on Wednesday, echoing sharp losses in Asian equities and Wall Street overnight, as weak U.S....