Economy News

The parabolic rally in AI chipmakers has run into turbulence amid concern about valuations and the sustainability of their bumper revenues, with...

The European Central Bank will hold interest rates on July 23 but will hike for the second time this year in September as a renewed energy price...

China can stabilise economic growth this year by accelerating already-budgeted national infrastructure investment projects, economists and one...

A team of South Korean and U.S. researchers has unveiled a robotic technology that allows a person to suit up without using their ​hands or aid...

Germany's chemical industry expects production, including pharmaceuticals, to fall ​1.5% in 2026, its main lobby group VCI said on Thursday,...

Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence...

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher ​borrowing...

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it ​set a June cargo record as shippers ranging from ‌retailers...

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% ​in June, unchanged from ‌the period through May, final data...

China's economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption ​clouding strong...

Japanese manufacturers' ​sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence ‌among...

China's new home prices contracted ‌at a slower pace in June, but the modest improvement is unlikely to result in a broad recovery as...

China's economy likely cooled in the ​second quarter, with growth drifting toward the lower end of Beijing's annual target as an entrenched...

U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial...

Citigroup (C.N), opens new tab beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a...

India has prohibited the ​import of goods produced using forced ‌labour, the trade ministry said on Tuesday, in a move that could help avert...

India ​has attracted roughly $10 billion in inflows through the Reserve Bank of India's special deposit programme for overseas Indians, two...

U.S. small-business sentiment increased in June, but the share of owners reporting that inflation ​was their "single most important"...

German retailers are facing worsening business conditions as rising energy, labour and ​purchasing costs squeeze profits while sales remain...

Chinese regulators have issued guidance to some banks barring them from conducting bill re-discount ​operations at rates below 0.5%, sources said...

China's June crude imports slumped 41.3% to their lowest in almost a decade as refinery run rates hit a ten-year low ​due to weak domestic...

A heatwave and the men's soccer World Cup drove up consumer spending in Britain ​in June, according to data published on Tuesday. Barclays...

Britain's new prime minister must slash energy levies paid by businesses to speed up economic ​growth, a leading employers group and an energy...

El Niño could cut Brazil's expected record harvest by up to a fifth, according to the Brazilian Coffee Industry Association (Abic), as...

The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected ​savings over six months and...

China's economy likely slowed in the second quarter after a solid start to the year, as weak domestic demand offset the ‌boost from...

A pivot in Japan's massive retirement assets would likely manifest as a slow redirection of maturing debt rather than a fire sale that could...

China's exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new...

German carmakers' sales collapsed further in China during the second quarter, as a protracted ‌slowdown in the world's...

European financial supervisors seeking a clearer picture of banks' exposure to private credit markets are running into resistance from the U.S....

Gold traded at a wide discount in India ‌this week as price volatility weighed, while demand in China remained steady with the country's...

The yen bounced on Friday on news that Japan plans ​to encourage pension funds to increase their holdings of domestic financial assets, a move...

Global demand for electric vehicles rose ​for a fourth straight ‌month in June, driven by strong growth in Europe as sales ​weakened in China...

Japan's wholesale inflation accelerated in June at ​the fastest pace in more than three years as firms aggressively passed on rising costs from...

Shifting geopolitical alliances are ‌pushing sovereign wealth funds to place greater emphasis on strategic national priorities — from...

U.S. existing home sales unexpectedly fell in June as house prices hit a record high and mortgage rates remained elevated, pushing potential buyers...

European Central Bank policymakers gathering last month were presented with projections showing inflation staying above ​target into next year...

A surge in energy profits linked to higher oil ​prices is set to drive ‌European blue-chip earnings growth in the second quarter, masking...

Oil tanker traffic through the Strait of Hormuz was at a near standstill on Thursday, according to data and sources, as ​shipping risks escalated...

The United States is relying more than ever on international flows into its companies' shares than investments in its debt to fund ​itself, a...

Indian exporters sharply increased foreign exchange hedging in June after the central bank's measures to attract dollar inflows tempered...

The Bank of Japan said on Thursday the U.S.-Israeli war on Iran is likely to prod more firms to raise ‌prices later this year, signalling...