Economy News

Stocks slipped on Friday as U.S. President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline...

Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources from the producer...

UniCredit's recent push for a tie-up with Commerzbank has prompted calls by a top official of the German bank for the Italian...

Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to...

Sales of foreign-branded mobile phones in China, including those of Apple Inc , fell 9.7% year-on-year in May, according to data released by a...

German industrial orders fell much more than expected in May, ending a recent pickup and hit by a slump in demand from within the euro zone, data...

Cadbury chocolate maker Mondelez is urging a one-year delay in the implementation of the European Union's deforestation law, a senior...

Japanese household spending surged at the fastest pace in nearly three years in May, offering some hopes that tepid consumption might be turning a...

Europe's largest asset manager has raised concerns that a boom in dollar-backed stablecoins in the wake of the United States' GENIUS Act...

German car exports to the United States fell sharply in April and May as import tariffs imposed by President Donald Trump hit German...

Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social...

India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion)...

U.S. services sector activity picked up in June as orders rebounded, but employment contracted for the third time this year, underscoring the...

Ireland's service sector expansion slowed down markedly in June as softer output, hiring activity and a decline in new export orders led to one...

U.S. job growth was solid in June while the unemployment rate unexpectedly fell to 4.1%, suggesting the labor market remained stable and...

Hungary's government will support first home buyers with up to $443 million per year in interest rate subsidies under a new programme announced...

Growth in the euro zone's dominant services industry resumed in June after a brief contraction in May, though the pace remained marginal as...

British services sector activity expanded at the fastest rate in nearly a year in June, and the prices they charged rose at the slowest pace in...

France's services sector showed signs of stabilising in June, with the pace of contraction in business activity reaching its slowest rate in...

Japanese companies agreed to raise wages by 5.25% this year, marking the biggest pay hike in 34 years, the country's largest labour union group...

Hong Kong's retailers are battling against shifting consumer habits, as visitors spend less and locals head across the border to China for...

India's services sector enjoyed its strongest growth in ten months in June, fuelled by robust demand and cooling price pressures, a survey...

China's services activity expanded at the slowest pace in nine months in June, as demand weakened and new export orders declined amid a fragile...

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to...

The rallying Mexican peso is set to slip in the coming months after a temporary freeze on U.S. tariff hikes against other...

Russian inflation is slowing faster than the central bank expected, and there are signs of easing in the severity of labour market shortages,...

Schroders upgraded its outlook for global corporate bonds to 'neutral' from 'negative' on Wednesday and maintained its positive...

Recent heatwaves across Europe could slow economic growth in Europe by half a percentage point in 2025, a report by Allianz Research showed,...

Russia's exports of liquefied natural gas in the first half of the year declined by 4.4% from a year earlier to 15.2 million metric tons, LSEG...

Hong Kong's retail sales by value rose 2.4% in May from a year earlier, the first increase in more than a year, government data showed on...

The number of people registered as unemployed in Spain fell in June to the lowest figure since May 2008, before the bursting of a real estate...

U.S. banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve's annual health...

U.S. job openings unexpectedly increased in May, but a decline in hiring added to signs that the labor market had shifted into lower gear amid...

U.S. auto sales are set to rise in the second quarter aided by sustained demand, but industry experts forecast President Donald Trump's tariffs...

The Swiss economy faces significant downside risks if the country is hit by the full force of looming U.S. tariffs, the International Monetary Fund...

For years, Rahim Suleman had reached out repeatedly to automakers and other potential clients to market the rare earth magnets from the plant his...

German residential property prices rose 3.8% in the first quarter of 2025 from a year earlier, a second consecutive rise after a period of steep...

Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted tariff effects and labor...

Britain's manufacturing sector showed some signs of turning a corner in its long slump and businesses pushed up their prices in June to offset...

The number of people out of work in Germany rose less than expected in June, labour office figures showed on Tuesday, as the labour market remains...

French manufacturing weakened further in June, impacted by a contraction in output and a sharper fall in new orders, a business survey showed on...

Indonesia's exports surged in May ahead of a looming decision on threatened hefty U.S. tariffs, data showed on Tuesday, while inflation...