Economy News

The United Arab Emirates' economy is expected to grow 4.9% in 2025, up from an earlier forecast of 4.4%, due to higher oil production and...

Freight rates for Very Large Crude Carriers soared to their highest in more than two years, according to industry sources and LSEG data, as tanker...

Swiss goods exports to the United States dropped by more than a fifth in August, the month in which President Donald Trump imposed 39% tariffs on...

Taiwan's central bank on Thursday raised its economic growth forecast for the year, hailing booming exports, but warned of risks ahead from...

Investors look set to face a volatile few months ahead after the Federal Reserve resumed interest rate cuts and opened the door to further easing...

Ireland's central bank on Thursday said it had revised its forecast for domestic economic growth for 2025 upwards to 2.9% from 2.0%, boosted by...

Deutsche Bank supports the establishment of the Defence, Security and Resilience Bank (DSRB), an initiative to create a global state-backed...

U.S. single-family homebuilding plunged to a near 2-1/2-year low in August amid a glut of unsold new houses, suggesting the housing market could...

The interest rate on the most popular U.S. home loan dropped last week to its lowest in a year, sending homeowners racing to lock in cheaper...

Hong Kong leader John Lee pledged on Wednesday to boost the city's economy, improve livelihoods and cement its role as an international centre,...

African manufacturers are lobbying U.S. Congress to grant a last-ditch extension of one or two years to a duty-free trade programme due to expire...

British inflation in August held at 3.8%, official data showed on Wednesday, the highest among major advanced economies and reinforcing...

Indonesia's parliament is discussing changes to an existing bill that could strengthen the requirement of the central bank to support growth...

Average house prices in the United Kingdom in July were 2.8% higher than a year earlier, down from a 3.6% rise in the year to June, the Office for...

China Unicom has built a massive data centre powered by domestically developed artificial intelligence chips from Alibaba and other companies,...

The European Union and Indonesia have finalised a trade agreement to be signed next week, the Financial Times reported on Tuesday, citing...

U.S. factory production unexpectedly increased in August amid a rebound in the output of motor vehicles and some nondurable goods, though tariffs...

Canada's annual inflation rate rose 1.9% in August as gasoline prices on a yearly basis fell at a slower pace than in the previous month and...

U.S. online sales growth during the 2025 holiday season is expected to slow from last year, as price-conscious shoppers stay picky with their...

China on Tuesday unveiled measures to boost services consumption, pledging to further open sectors such as internet and culture and to encourage...

India's silver imports are expected to gather momentum in the coming months, supported by stronger investment and industrial demand that has...

German investor expectations rose unexpectedly in September, the ZEW research institute said on Tuesday, in a sign of cautious optimism despite the...

Euro zone industrial production inched higher in July, confirming views that the sector is holding up despite trade tensions, even if its rate of...

Germany has filled its natural gas storage facilities to levels that will meet the European Union's minimum requirements by November 1, but...

Hong Kong's seasonally adjusted unemployment rate held steady at 3.7% in June to August compared with the previous three-month period, with...

British grocery inflation edged down to 4.9% in the four weeks to September 7, according to data from Worldpanel by Numerator, offering only modest...

Britain's jobs market has lost more steam, according to official data, with employment falling for a seventh month in row and wage growth...

India and the United States will hold trade talks on Tuesday, New Delhi said, raising hopes for a breakthrough weeks after President Donald...

Hours after his company's merger with Paramount closed in August, CEO David Ellison's empire-building kicked into gear. His studio...

India's palm oil imports jumped in August to their highest level in more than a year, as competitive pricing relative to soyoil prompted...

The Indonesian government expects the $12 billion it has moved to state banks to spark an acceleration in plans to set up 80,000 village...

The United States and Britain will announce agreements on technology and civil nuclear energy during U.S. President Donald Trump's...

The UK government and industry are planning to jointly invest over 1.1 billion pounds ($1.5 billion) in the maritime sector, the UK government said...

The Bank of England looks set this week to slow the 100 billion-pound-a-year pace at which it reduces its government bond holdings following...

China's new home prices fell again in August, extending a prolonged slump in prices as persistently weak demand in the pivotal housing sector...

China's factory output and retail sales reported their weakest growth since last year in August, keeping pressure on Beijing to roll out more...

Asking prices for homes put up for sale in Britain this month showed an annual decline for the first time since January 2024 while average rents...

As the U.S. Federal Reserve gears up for an expected rate cut next week, China's central bank is likely to resist a near-term easing in policy...

India's retail inflation accelerated to 2.07% in August as food prices inched higher over the previous month, but stayed well within the...

China is seeking public feedback on a proposal to make it easier to import and export gold and gold products by streamlining the licence system,...

The British public's expectation for inflation in around five years' time rose in August to its highest since May 2019 at 3.8%, according...

Britain's economy recorded zero monthly growth in July after a sharp drop in factory output, matching expectations for a slower start to the...