Economy News

Embattled German Chancellor Friedrich Merz promised on Tuesday that proposals to shield consumers from record fuel prices were coming "very...

India's unemployment rate fell to 5% in August, a ​six-month low, government data showed on Tuesday. A Reuters ‌poll had...

Britain's jobs market stayed weak ​with pay growth near a six-year low, the fewest vacancies since 2021 and hiring down, according to data that...

The Bank of Korea's decision to carry ​out back-to-back interest rate hikes in August was more contentious ‌than the headline vote...

U.S. mortgage rates will stay higher than previously forecast and decline only modestly over coming quarters, a Reuters poll of property experts...

Hedge fund managers have ‌raised more capital than planned at the start of the year for the first time in three years, according to an...

China's new home prices fell again in August, underscoring persistent weakness ​in the housing market and suggesting the economy will struggle...

China's new bank loans returned to positive territory in August but fell well short of analysts' forecasts after a record contraction...

India's annual retail inflation accelerated further in August as price pressures spread beyond food and transport, strengthening the...

The Bank of England ​looks set to keep interest rates steady this week despite surging oil prices but is expected to slow the pace at...

Goldman Sachs on Monday turned more hawkish on the Bank of ​England, forecasting a 25-basis-point rate hike in November ‌2026 as inflation...

S&P Dow ‌Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the...

Global oil supply and demand look set to fall further ‌than previously expected this year, the International Energy Agency said on Friday, as...

U.S. consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce...

U.S. producer prices increased in August amid higher costs of goods, airline fares and hospital services, boosting the chances of an interest rate...

U.S. existing home sales dropped to a 14-month low in August as rising mortgage rates continued to suppress demand. Home sales fell 2.0% last...

The number of Americans filing claims for unemployment benefits fell last week, suggesting that ​layoffs remained low and continued to ‌anchor...

AI's rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo ‌Hernandez de Cos said, with...

A Republican-led Senate subcommittee responsible for disaster-management oversight is examining OpenAI's response to the July Hugging Face...

A slowdown in Britain's housing market appears to be levelling off as measures of buyer demand and ​agreed sales moved away from recent lows,...

A board member of the Bank of Korea said on Thursday the central ​bank would assess external and internal policy ‌conditions, including the...

U.S. holiday retail sales are expected to grow by as much as 4.8% this year, Deloitte said on ​Thursday, as rising disposable incomes help support...

Chime shares climbed 7% ‌in morning trading on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a...

A fight over major cryptocurrency legislation has spilled into the congressional summer recess, with the crypto industry and the banking sector...

The rate on the most popular U.S. home loan rose last week to its highest in more than 14 months, as escalating ​hostilities in the Middle East...

British food price inflation is likely to climb to nearly 4% by the end of the year and exceed 6% by the middle ​of 2027 due to the ongoing impact...

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle ​East lifted oil...

Business confidence among big Japanese manufacturers climbed in September to its ‌highest level since December 2021, buoyed by robust...

China's factory-gate inflation gathered pace in August and consumer price growth quickened, ​driven largely by elevated energy costs tied to...

Australia said on Wednesday it sees no risk to its relationship with the United States after reports that the Trump administration criticised...

Sept 8 (Reuters) - Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of...

China's export growth quickened last month, buoyed by strong overseas ​appetite for high-tech and AI-related products, providing vital support...

Japan's real wages rose 2.4% in July from a year earlier, marking the biggest increase since May 2021 ​and the seventh consecutive month of...

British retailers said on Tuesday that they would seek to create 100,000 jobs for young people not ​in employment or education by the time of next...

France is likely to produce one ‌of the lowest amounts of wine in the last three decades, with champagne output set to halve this year, after...

Novo Nordisk said ​on Monday that in a late-stage trial, 40.4% ‌of children aged 6 to under 12 treated with semaglutide, the active...

German industrial production ​fell unexpectedly in July, dragged down by a sharp drop in car manufacturing, and economists do not expect the...

British house prices recorded their first annual fall in nearly three years in August as ​some buyers have held back on purchases due to higher...

China's exports likely grew at a faster pace in August, ​a Reuters poll showed, indicating that the world's second-largest economy will...

China, the world's largest manufacturer of batteries for energy storage, has temporarily suspended approvals ​for new factories, Chinese...

OPEC+ kept its oil output policy unchanged for ‌October at a meeting on Sunday, it said in a statement, as the producer group needs to agree...

Argentine President Javier Milei's ​push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put...