Economy News

Major Chinese electric vehicle battery makers on Monday pledged to pay their suppliers more quickly, as part of wider ​efforts to ease financial...

As corporate borrowing tied to artificial ​intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes...

British lenders approved the fewest mortgages since December 2023 in May ​and consumer lending grew less than expected, according to Bank ‌of...

China's central bank launched overnight reverse repo operations on Monday, a move markets interpreted as deepening its control over liquidity...

People in the Philippines are flocking to install solar power ​on rooftops and escape the burden of soaring electricity prices, making it the...

China's factory activity likely returned to growth in June, albeit by the slimmest of margins, as ​the world's second-largest economy...

Austria has proposed that the European Union should consider hosting Anthropic within ​the bloc's borders in order to counter efforts ‌by...

The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, ​likely to avoid shortages and higher prices...

Banks and financial sector watchdogs must move quickly to adopt new technology to plug system vulnerabilities as AI ​supercharges cybersecurity...

China's onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip and artificial...

Euro zone consumers cut their near term inflation expectations in May and kept them steady for longer ​horizons, a European Central Bank survey...

China's central bank instructed some commercial banks to increase their lending this month, people familiar with the matter said on Friday, the...

Moves to simplify bank regulation in the U.S. and Britain could end up making the system less safe if rules become easier for...

Annual core ​inflation in Japan's capital accelerated in June, data showed on Friday, a sign of broadening ‌price pressures from the...

Japan's record-breaking Nikkei rally is no longer about AI — it's about who's left to buy. While AI euphoria is...

U.S. inflation increased further in May, breaking above 4.0% for the first time in three years as the Middle East conflict boosted energy prices,...

U.S. inflation increased further in May, breaking above 4.0% ​for the first time in three years as the Middle East conflict boosted energy prices,...

The number of Americans filing claims for unemployment benefits fell more than expected last week, consistent with labor market...

New orders for key U.S.-manufactured capital goods rebounded sharply in May as demand increased broadly, suggesting business spending on equipment...

The global personal luxury goods market is showing signs ‌of a recovery in the second quarter, despite the war in the Middle East, as demand...

British retail sales slid further this month, with sales far below the norm expected for this ​time of year, according to a survey on...

The Bank of England's shift in communications to focus on multiple scenarios and individual Monetary Policy Committee members' opinions...

A surging dollar has swept past chart resistance and is heading toward its sharpest monthly gain in almost ​a year on Thursday, as traders bet on a...

China's central bank said it will debut overnight lending next week, offering reverse-repos to banks and brokers as it ​deepens control over...

A rise in shipments to the U.S. drove up UK's vehicle production in May, with output rising ​2.7% from a year earlier, snapping four months of...

Mexico's annual inflation rate hit 3.55% in the first half of June, official data showed on Wednesday, landing below expectations ​and defusing...

Sales of new U.S. single-family homes unexpectedly fell in May, likely ​as higher mortgage rates and prices ‌continued to sideline potential...

Daniel Gillieron, 82, settled into his seat in Geneva's Nord-Sud cinema, ​looking forward to the prospect of a free film ‌and an extended...

Spain's Santander has begun ​talks with unions over a plan to offer early voluntary retirement ‌to up to 3,000 employees in Spain,...

European Union nations outside the euro have made little to no progress in convergence in recent years and even Hungary, the nation most actively...

Labour unrest has flared up across Australia's resources sector, with ‌its lucrative iron ore mines and ports facing heightened strike...

Swedish startup Stegra, which is building Europe's first hydrogen-fuelled ​steel plant, said on Wednesday its €1.4 billion ($1.6 billion)...

Australia's central bank has work to do to tame "too high" inflation, a top official said on Wednesday, although he added that lower...

British employers expect to scale back pay increases markedly next year, according to a survey on Wednesday ​from human resources data firm...

A majority of U.S. consumers now say they would prefer to buy a home rather than rent ​or move in with family, the first time since 2023 that...

Mexico's economy posted its ‌largest monthly expansion in more than five years in April, ahead of ​expectations, according to official...

Euro ​zone inflation could stay above the European Central Bank's 2% target for some time, even ‌if peace in the Middle East holds, but...

Germany's private sector activity contracted at its fastest pace in 18 months in June as ​the services downturn deepened, a survey showed on...

Britain's vote to leave the European Union in 2016 has acted as a persistent drag on its economy, compounding some of the deep-seated...

Britain's services sector, the engine of the economy, contracted this month at the fastest rate in nearly three-and-a-half years, according to...

Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that...

France's private sector contraction eased in June as declines in manufacturing and services output both slowed, a business survey showed on...