Economic News

The dollar inched up against a basket of major currencies on Wednesday, with traders awaiting the release of minutes from the latest Federal...

Asian stocks slumped on Wednesday with traders remained anxious after U.S. President Donald Trump eased optimism over progress made in trade...

The pound jumped to a one-week peak versus the single European currency on Tuesday following a top Bank of England official's comments on the...

The dollar failed to extend its recent rally on Tuesday as Treasury yields slumped after a broad rise in the currency boosted by easing U.S.-China...

China is going to sharply reduce import tariffs for vehicles and their spare parts, providing more beneficial conditions for entering the...

Britain’s mortgage market is experiencing severe rivalry, which pressured lending and revenue at Nationwide, suggesting that the...

Asian stocks slipped on Tuesday as a steady dollar undermined demand for emerging market assets while rising crude prices fueled worries about...

The chief of budget European carrier Ryanair predicted some of his European competitors to file for bankruptcy in the near future. 

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, overpassing a rival bid from...

U.S. stocks rose sharply on Monday following the U.S. and China attempts to reach a wider agreement, with sentiment also improved due to the...

The U.S. dollar extended its rally on Monday, with a key dollar index breached its top since late last year, as investors cheered trade talks...

Gold prices inched lower on Monday as the dollar surged and demand for safe-haven assets weakened amid progress in negotiations between Washington...

The pound slipped to its trough in almost five months on Monday as the dollar climbed and traders awaited crucial economic figures that could...

European stocks gained on Monday as easing trade war concerns pushed the dollar, underpinning exporters, while investors focused on coalition...

Pro-Brexit vote has caused a tumble in the number of companies from France, the Netherlands, and Belgium registering in Britain, which emphasizes...

London and UK’s south-east have continued to register falling of home prices, even though the country’s overall figure jumped to the...

UK stocks advanced on Monday, on course for a record closing peak, as investors digested China-U.S. agreement on further relationship between the...

Oil prices gained on Monday as investors assessed news that U.S. has pulled back from launching a trade war with China, pointing at easing...

The dollar gained versus the yen on Monday, after comments of U.S. Treasury Secretary Steven Mnuchin on U.S.-China trade relations triggered risk...

The UK currency dipped both against the U.S. dollar and the euro today, pressured by the uncertainty over whether Britain can remain in the...

The EC announced today that it had begun taking action for blocking sanctions, aimed at protecting EU companies in Iran, after the U.S. abandoned...

The U.S. dollar inched up versus the yen today, attaining its highest in four months, as growth in U.S. Treasury yields, prompting better...

Prices of oil remain strong today fueled by high demand, OPEC’s continuing efforts to curb production, and potential renewal of U.S....

William Hill’s share prices slumped, dragged down by the government’s decision to cut the stakes on the fixed-odds betting terminals...

Europe’s shares rose during the start of today’s trading, considering the rebound in Italian stocks and robust advance of sectors...

UK’s government presented future rules saying that the highest stake on fixed-odds betting terminals is going to be decreased to £2....

Oil peaked reaching top levels since November of 2014 yesterday, while Brent edges towards $80 for a barrel at the time when supply contracts and...

The euro remained close to the lowest levels of five months today as the statements by the Italy’s populist parties, together with a recent...

Japan's GDP contracted in the first three months of 2018 for the first time in two years, breaking the two-year expansion. 

British pound slid today to near its worst of 2018 versus the dollar in view of renewed concerns over Brexit talks and comparatively slow wage...

Europe’s shares added a little yesterday as a result of oil stocks soaring to the highs unseen since September 2014, compensating for a fall...

Oil waned today, dragged by abundant supply, even though OPEC member-states continue to limit production and the high probability of renewed U.S....

The dollar index against a basket of 6 main currencies kept at 93.270 following preceding growth to 93.457, the top mark since December 22. This...

German annualized growth rate slowed in the first quarter of the year by 0.3 percent,  its weakest pace since the third quarter of 2016,...

China’s two producers of bitcoin mining hardware aim to attract $1 bln each from Hong Kong listings in 2018, on solid global enthusiasm in...

April’s figures on investment and retail sales in China lower than forecasted, home sales also contracted, the data might pull back economic...

The U.S. dollar slightly grew versus a basket of major currencies today, after its minimum of over a week, in view of expectations for...

Centrica that owns British Gas has reported its profits go to plan, as the Beast from the east that brought colds to the country caused rise in...

Uber has hired former Amazon responsible for electronics retail business Jamie Heywood as new regional general manager for northern and eastern...

The euro was on track for a third consecutive session of gains on Monday as a broadly weak dollar helped the common currency rebound, as traders...

The pound gained on Monday as the greenback slid versus major currencies and traders awaited economic figures that could underpin the currency...

UK customers visited stores less than ever in the past two months, the level is even lower than during the peak of the financial crisis, according...

European stocks slipped in early trading on Monday after an impressive run of weekly gains, while the latest business developments fueled trading...

U.S.-based technology firm Xerox dropped its multibillion-dollar deal with Fujifilm Holdings Cor to create Asia joint venture Fuji Xerox and...

Crude prices on Monday slid from last week’s multi-year top as a continuing growth in U.S. drilling activity pointed to rising output, while...

The dollar’s recent rally lost its momentum on Monday with U.S. yields sliding as traders understood that the U.S. Federal Reserve is not...

Asian stocks jumped to almost two-month peak on Monday on signs of easing tensions in U.S.-China trade relations, after U.S. President Donald...

Prosecutors in South Korea conducted a search in the office of Upbit, the largest virtual currency exchange, yesterday and today suspecting fraud,...

April’s growth of import prices in the United States was lower than predicted taking into account that fallen food prices curbed a hike in...

Apple and two metal manufacturers – Alcoa and Rio Tinto, have launched a joint venture with the purpose of smelting aluminum in a new way,...

U.S.-based Silver Lake has reached an agreement on the acquisition of the British ZPG for 2.2 billion pounds, which owns the largest property...

The pound on Friday was on course for its fourth consecutive weekly loss against the dollar after the Bank of England leaved rates steady and...

European shares were on course to post their seventh consecutive weekly gain on Friday boosted by deal activity and rise in mining sector. 

Apple and Goldman Sachs are preparing to release a new credit card that would bear the Apple Pay brand in 2019, the Wall Street Journal reported....

Crude prices fell on Friday, sliding from multi-year peaks touched on Thursday on hopes that alternative supplies could substitute a looming slump...

The dollar wobbled below a 4-1/2-month peak versus a basket of main currencies on Friday after cool U.S. inflation figures prompted investors to...

Asian stocks jumped on Friday as market sentiment got a boost from sluggish U.S. inflation, helping ease concerns of faster rate increases by the...

U.S. stocks edged up in morning deals on Thursday as a softer than anticipated increase in U.S. consumer prices in April limited inflation worries.

UK’s interest rates are left at the previous level of 0.5% by the Bank of England, it has also reduced projected growth for the current...

Sterling slumped on Thursday to reach four-month trough versus the dollar after the Bank of England leaved rates unchanged as widely expected but...