Economy News

British consumer price inflation is set to average 2.3% ​in 2026, according to estimates ‌from the Office for Budget Responsibility, finance...

The spread of stablecoins in the euro zone could weaken the effectiveness of monetary policy, siphon deposits away from banks and reduce lending...

Euro zone inflation surged unexpectedly ​last month and may rise further in the coming months if war in the Middle East keeps energy prices high,...

South Korea's factory activity expanded for a third straight month in February, as output increased at the fastest pace in ​one-and-a-half...

China’s annual parliament meeting is expected to show tolerance for slightly slower economic growth this year, opening the door for greater,...

China's Premier Li Qiang is expected to announce the country's main economic targets for 2026 at an annual parliamentary meeting which...

British store chains raised their prices less quickly last month, offering some respite for consumers ​grappling with the cost of living, the...

U.S. manufacturing activity expanded steadily in February, but a measure of prices paid by factories for inputs rose to the highest level in nearly...

The Bank of England will soon find itself in a position where it will no longer face much of a trade-off between a slowing economy and inflationary...

India's industrial output expanded 4.8% year-on-year in January, a three-month low, as manufacturing activity slowed and fast-moving...

Bank of Ireland said on Monday that it expects to increase earnings, accelerate returns to shareholders and cut costs over the next three...

France's manufacturing sector expanded in February, slightly beating initial estimates, helped by solid demand in the cars and aerospace...

Germany's manufacturing sector showed signs of recovery in February on the back of accelerating increases in output and new orders, according...

The Swiss National Bank reported an annual profit of 26.1 billion Swiss francs ($34 billion) for 2025, the central bank said on Monday,...

British house prices rose slightly faster than expected last month after a dip at the end of 2025 linked to uncertainty over finance minister...

China's manufacturing activity probably shrank for a second straight month in February, a Reuters poll showed on Monday, suggesting factory...

India's factory activity expanded at its fastest pace in four months in February as strong domestic demand drove new orders and production,...

U.S. producer prices accelerated in January, with the cost of goods outside the volatile food and energy category increasing by the most in more...

Over the last three years, retailer Target has weathered intense criticism from consumers who have questioned its merchandise choices and...

The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert. Deep in the sands...

South Africa's power utility Eskom on Friday announced a further 29% reduction in electricity prices for two distressed ferrochrome firms in a...

India's economic growth slowed in the October-December quarter as government spending and private investment eased, but the South Asian nation...

El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to "illicit activity",...

India's economy grew 7.8% in October-December from the same period a year earlier, down from an 8.4% expansion in the previous quarter as...

The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost...

China's central bank moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a...

An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say,...

Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots...

Britain is on track to issue the lowest amount of long-dated government debt in two decades in the next financial year as it scales back overall...

Indonesia's trade surplus is expected to have widened in January from a month earlier as double-digit growth in exports offset higher imports,...

South Korea's exports likely rose for a ninth straight month in February as a global boom in artificial intelligence investment drove a surge...

The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but the decline is...

The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady...

The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in...

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a...

European Central Bank President Christine Lagarde hinted again at serving out her term to complete projects including the digital euro, in a fresh...

Europe's benchmark index hit a record high on Thursday, driven by upbeat corporate earnings from the likes of Schneider and Indra, while...

Ocado will cut about 1,000 jobs as part of a cost-saving drive aimed at helping the British technology and online grocery group turn cash-flow...

The European Central Bank expects food inflation, which is crucial for consumers' perception of price stability, to settle just above its 2%...

Private home prices in Hong Kong rose 0.5% in January, the eighth consecutive month of increase, strengthening signs of a housing recovery as...

GSK on Wednesday agreed to pay $950 million in cash for Canadian biopharmaceutical company 35Pharma Inc, which is developing a medicine for...

A leading indicator of Japan's services sector prices rose 2.6% in January from a year earlier, data showed on Wednesday, a sign rising wages...