Economy News

China's new bank lending rose less than expected in May after ​contracting the previous month, as a prolonged property downturn continued to...

India's retail ‌inflation rose to 3.93% in May, driven by higher food and fuel costs, government data showed on Friday, while risks...

Shares in Exail Technologies plunged 17% on Friday after the underwater drone maker flagged a €380 million gap in ​perceived bond and...

The British public's expectations for inflation in ​the long term rose to a ‌record high last month after the U.S.-Israeli war on Iran...

The United States and the European Union have yet to decide whether to continue ​suspending or to reimpose tariffs on $11.5 billion of...

Weak cash distributions to investors in recent years are making it harder for ​private equity firms to raise new money, an issue dominating...

High mortgage rates will keep turnover in U.S. residential housing subdued this year and next with very modest price rises, according to property...

U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict ​drove up...

The number of Americans filing claims for unemployment benefits increased marginally last week, pointing to continued labor market resilience in...

Global alcohol consumption is set to drop over the next ‌decade, despite population growth and rising demand in India, which is set to become...

Pakistan's annual economic survey projected real ​GDP growth at 3.7% for the fiscal ‌year ending June 2026, according to the report...

The World Bank said on Thursday that Indonesia's economic growth was expected to slow to 5% in 2026 as it comes under increasing fiscal strain...

Ahead of Thailand's February general election, politicians often came to court voters like 69-year-old rice farmer Chaon Taiupok in Ayutthaya,...

The European Central Bank is all but certain to raise interest rates on ​Thursday in the hope of nipping higher inflation in the bud before a surge...

The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift...

U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East...

Indonesian state firm Pertamina has raised some fuel prices by almost a third in the first increase since the Iran war ​began, and the finance...

U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products,...

China's domestic car demand has declined more sharply ​than expected at the ‌start of the year and will likely remain under heavy pressure...

UK's main FTSE indexes hovered near ​three-week lows on Wednesday as investors eyed a fragile ceasefire in the ‌Middle East, while mulling...

China's producer prices rose for a third straight month in May to the ​highest since July 2022, while consumer prices stayed elevated as global...

Liu, a Hangzhou-based contractor at a large Chinese internet firm, says her employer began quietly firing contractors in March after it ordered...

The fuel shock hitting U.S. airlines is doing more than squeezing margins — it is widening a product gap that may take years to close, as...

Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower...

New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting ​the government's inflation‑focused mandate...

U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the...

Mexico's annual inflation rate decelerated for a ​second month in a row in May, ‌official data showed on Tuesday, returning to the higher...

Persistent weakness in the yen and an expected hawkish shift for the Federal Reserve after a hot jobs report in the U.S. are expected to add...

India's sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 ​metric tons this year, as soaring...

Indonesia's central bank unexpectedly raised interest rates by 25 ‌basis points on Tuesday, in a rare off-cycle move to try to stabilise...

China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers ​across the country,...

GSK has agreed to ‌buy U.S.-listed cancer drug developer Nuvalent for $10.6 billion in its largest deal in more than a decade,...

Taiwan's exports rose much more than expected in May to ​its second-highest monthly figure by value, as the ‌island reaps the benefits of...

China's export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fuelling the global AI ​boom,...

The Bank of Japan will consider maintaining the current pace of bond purchases beyond next fiscal year, sources said, pausing a taper process that...

South Korea's cabinet approved on Tuesday a presidential decree as part of the process to allow $350 billion ​of...

China's car sales extended a downturn in May that has become a stress ​test for foreign automakers led by Volkswagen, which is trying to revive...

Fuel costs for U.S. airlines jumped 78% in April to nearly $6.5 billion ​compared with the year before, as the Middle East conflict drives ‌up...

Seoul resident Laura Byun has long preferred U.S. mutual funds over Korean shares, ​but the KOSPI's blistering rally changed that and her risk...

Switzerland goes to the polls on June 14 to vote on whether to cap its population at 10 million people in a referendum some have likened to a...

China's Tencent ‌Holdings is aiming to raise $4 billion via an imminent sale of both a U.S. dollar bond and an offshore yuan bond,...

German industrial orders ​fell more than expected in April, following a ‌strong increase in March, when companies brought forward orders amid...