Economy News

Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after...

India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the...

Taiwan's export orders rose for the sixth straight month in July, fuelled by demand for tech products such as those related to artificial...

China's fuel oil imports rose further in July, hitting their highest in seven months, customs data showed on Wednesday. Fuel oil imports...

Japan's tourism boom continued in July, with record arrivals for the month despite a steep drop in visitors from Hong Kong due to...

British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6% in June, official data showed on Wednesday, once again...

China's exports of rare earth magnets recovered to hit a six-month high in July, showing trade flows of the critical minerals key to electric...

Groundbreaking for new U.S. single-family homes and permits for future construction ticked higher in July even as high mortgage rates and economic...

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price...

British grocery inflation nudged down to stand at 5.0% over the four weeks to August 10, data from market researcher Worldpanel by Numerator showed...

Britain's economy at the end of 2023 is now estimated to have been 2.2% bigger than its peak immediately before the coronavirus pandemic, up...

Malaysia's exports jumped by an unexpectedly strong 6.8% in July from a year earlier, driven by a surge in shipments of electrical and...

A gauge of U.S. homebuilder sentiment fell unexpectedly in August, slipping back to its lowest level in more than two-and-a-half years, with more...

China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, one front in a wider trade war with...

South Africa's produce exports to the United States rose 26% in the second quarter following strong harvests, Agriculture Minister John...

India's unemployment rate fell to 5.2% in July from 5.6% in the previous month, the statistics ministry said on Monday, as rural hiring picked...

Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on...

India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if...

Home building permits in Germany rose 7.9% in June from a year earlier, statistics office data showed on Monday, as the nation's troubled...

China’s exports of refined products, including diesel, gasoline, aviation fuel, and marine fuel, rose 7.1% year on year to 5.34 million tons...

Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by...

Asking prices for newly advertised British houses and apartments fell in the four weeks to mid-August but the drop was less notable than in the...

Taiwan's economy is expected to grow faster in 2025 than previously forecast due to strong tech demand but will likely slow next year, the...

Hong Kong's economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments...

Thailand's economic growth likely slowed in the second quarter as weak household consumption offset gains from strong exports, according to a...

Indian Prime Minister Narendra Modi said on Friday the goods and services tax (GST) would be reformed and taxes lowered by Diwali, the Hindu...

Bond traders in China are facing their toughest conditions in at least a decade, as low interest rates and meagre price swings push fund managers...

China's factory output growth slumped to an eight-month low in July, while retail sales slowed sharply, raising pressure on policymakers to...

China's new home prices fell again in July, dropping 0.3% on month, but declines eased slightly in major cities as more local governments...

China's industrial output grew 5.7% year-on-year in July, slowing from the 6.8% rise in June and missing forecasts, while retail sales also...

Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first...

The number of Americans filing new applications for jobless benefits fell last week amid low layoffs, but a reluctance by businesses to boost...

The number of Americans filing new applications for jobless benefits fell last week amid low layoffs, but a reluctance by businesses to boost...

British goods exports to the United States fell to their lowest level in more than three years in June, according to official data published on...

Euro zone industrial output dipped more than expected in June even as overall economic growth held up in the second quarter, challenging views that...

Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the...

Australian employment rebounded in July as firms took on more full-time workers, data showed on Thursday, pulling the jobless rate down from a...

A recent rally in lithium prices could ease pressure on some beleaguered producers in Australia who have been trying to shrink exposure to the...

Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to 12 company closures and over 4,000 job...

China plans to boost domestic consumption by offering interest subsidies on loans to households and businesses, aiming to reduce borrowing costs...

India wants countries to agree a new code of conduct on hiring each other's airline staff after raising concerns that its fast-growing aviation...

The number of Americans filing new applications for unemployment benefits ticked up to the highest level in a month last week, suggesting the labor...