Economy News

Euro zone consumers lowered their expectation for inflation over the next 12 months in March but continued to see price growth above the European...

The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit 2% in...

Hong Kong's private home prices reversed a 10-month falling streak in March, climbing 1.1% from February, after the financial city lifted curbs...

China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit back should they put tariffs on the exports of the...

South Korea's public finances are no longer a strength for its sovereign credit rating but are now a neutral factor requiring near-term efforts...

Core inflation in Japan's capital slowed much more than expected in April and fell below the central bank's 2% target, data showed on...

The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown,...

U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time...

The Bank of England allotted a record amount of one-week funds in a short-term repo operation on Thursday as it seeks to offset the impact on...

The U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade...

India's engineering goods including steel and machinery exports rose 10.7% year-on-year in March to $11.28 billion, growing in double digits...

U.S. stock index futures fell on Thursday, as shares of most megacap growth stocks took a beating after dour quarterly results from Meta Platforms,...

British retailers suffered their worst April for sales since 2020, when the country was in its first COVID-19 lockdown, although the timing of the...

From Nestle to Danone, food companies are seeing shoppers that want either premium or cheaper products, with less interest in items in the...

The Reserve Bank of India's (RBI) increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions,...

The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic...

German consumer sentiment is set to rise in May on the back of households' brighter income expectations, continuing a path of recovery that has...

Real estate deals in Europe fell through in their highest numbers since the global financial crisis in the first quarter of 2024, data firm MSCI...

Brazil's government submitted proposed rules to Congress on Wednesday to carry out a historic tax overhaul approved last year, a key element of...

The yen's slide to fresh 34-year lows is likely to force Bank of Japan Governor Kazuo Ueda to walk a delicate line in guiding monetary policy...

German business morale improved more than expected in April, a survey showed on Wednesday. The Ifo institute said its business climate index...

Morale amongst Italian businesses and consumers fell in April, data showed on Wednesday, casting a shadow over growth prospects in the euro...

Indonesia's central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support the rupiah currency against selling linked...

By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the...

British employers reached slightly lower pay settlements with staff in the three months to the end of March, although early figures for April...

Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a...

India's agricultural food exports in the 2023/24 financial year fell slightly short of the previous year, hitting about $50 billion as efforts...

Russia's economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from 2.3% in new forecasts published...

Extreme weather events along with prolonged geopolitical tensions could pose a risk to India's inflation trajectory, even as growth in the...

Greece's economy will grow by 2.1% this year under a baseline scenario, the country's influential think tank IOBE said on Tuesday, revising...

Overall business activity in the euro zone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc's...

India's sugar consumption this year is poised to hit a record high as demand during the peak summer season gets a boost from heat waves and the...

Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a...

Japanese authorities could intervene in the currency market any time as recent yen declines are excessive and out of line with fundamentals, ruling...

Britain's government borrowed more than expected in March, capping the 2023/24 financial year with a budget deficit that was 6.6 billion pounds...

India's business activity expanded at its fastest pace in nearly 14 years this month thanks to robust demand, according to a survey released on...

Japan's factory activity contracted but approached the break-even point in April, a business survey showed on Tuesday, suggesting the key...

ASML, the largest supplier of equipment to computer chip makers, is considering a major expansion in the Dutch city of Eindhoven, an important step...

U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives,...

Britain's Thames Water said on Monday it would spend an extra 1.1 billion pounds ($1.4 billion) on tackling sewage spills and fixing leaks to...

Most Indian consumer goods makers are unlikely to see a recovery in volumes in the fourth quarter, analysts said on Monday, indicating that any...

China's fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors including previous tax cut policies weighed,...