Economy News

China's passenger vehicle sales rose 25.5% in November from a year earlier, faster than the prior month and extending growth to a fourth month,...

The United Nations food agency's world price index held steady in November, with lower international cereal prices offset by higher prices of...

China's new loans are expected to have jumped in November from the previous month and exceeded the year-earlier amount, a Reuters poll showed,...

European Union finance ministers moved closer to an agreement on new EU fiscal rules early on Friday after eight straight hours of talks, but will...

Chinese investments in Vietnam have boomed this year in contrast to a slowdown in U.S. spending and trade, official data show, as the world's...

Japan's economy fell faster than first estimated in the third quarter, revised data showed on Friday, as the household sector faced growing...

Mercon Coffee Group, one of the world's largest coffee traders, has filed for bankruptcy protection in the U.S. due to what it defined as...

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually...

Germany's budget crisis is threatening planned government support for its domestic solar manufacturers, in what could prove to be the death...

Despite falling inflation and rising collectively agreed wages, many Germans face a reduction in spending power this year, data from the Institute...

China-Russia trade hit $218.2 billion during January-November, Chinese customs data showed on Thursday, achieving the goal that had been set by the...

Italy has officially informed China that it is leaving the Belt and Road Initiative (BRI), dismissing fears the decision could sour relations and...

German industrial production unexpectedly fell in October compared to the previous month, the federal statistics office said on Thursday, marking...

British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs...

Britain's labour market remains tight, despite a fall in job postings by employers over the course of 2023 and broader weakness in the economy,...

China's exports grew for the first time in six months in November, suggesting factories in the world's second-largest economy are...

The European Central Bank will cut interest rates in the second quarter of next year, earlier than previously thought, according to a slim majority...

Canada recorded a larger-than-expected trade surplus of C$2.97 billion ($2.19 billion) in October, as exports rose marginally but imports slumped,...

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even while prices crash, as they bid to raise market share...

Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity...

U.S. gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a gallon for the first time since 2021,...

Sovereign wealth funds that control nearly $12 trillion in assets are unlikely to quickly dismantle the hurdles in the way of urgently needed...

German industrial orders fell unexpectedly in October, declining by 3.7% on the previous month on a seasonally and calendar-adjusted basis, the...

UK investors pulled money from real estate funds for the second month running in November, but sentiment towards equity and fixed-income funds...

China's blue-chip stocks slumped to an almost five-year trough on Wednesday while the yuan currency extended losses, as markets grappled with...

China's major state-owned banks were selling U.S. dollars in the onshore spot foreign exchange market for a second day on Wednesday to support...

Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on...

Japan's economy likely shrank slightly less than initially estimated in July-September, reflecting an expected upward revision in private...

European Union governments look increasingly unlikely to reach a deal on new EU fiscal rules this year because their differences on the pace needed...

Spanish property prices rose 4.5% from a year earlier in the third quarter, led by the highest increase in new home prices in 16 years, official...

Business activity in the German services sector declined in November although at a slower rate than the previous month, a survey showed on...

Inflation expectations among euro zone consumers held steady last month while the outlook for economic growth worsened, the European Central Bank...

Euro zone producer prices inched higher as expected in October compared with September as a rise in energy prices offset slight declines in a range...

Russia's finance ministry said on Tuesday it would decrease the volume of deferred foreign currency purchases in the coming month by more than...

The downturn in euro zone business activity eased last month but still indicates the bloc's economy will contract again this quarter as the...

British grocery inflation slowed again in November, while the rise in the cost of a traditional Christmas dinner is tracking well below the...

Australia's current account slid into deficit in the September quarter as prices for some commodity exports fell and locals spent more money...

Core inflation in Japan's capital slowed in November, underscoring the central bank's view that cost-push pressures in the world's...

Japan's service activity expanded at the slowest pace in a year in November, weighed by an accelerating decline in new exports and softer...

India's dominant services sector stayed strong in November but expanded at its slowest pace in a year as demand softened despite cooling...

Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in export demand and inflationary...

South Korea's inflation eased for the first time in four months in November, bringing relief to policymakers worried about persistent inflation...