Economy News

China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising...

China’s export growth was faster than expected in September, as solid global demand offset some of the pressure on factories from power...

China’s soybean imports in September fell 30% from the same month the previous year, customs data showed on Wednesday, as poor crush margins...

Russia has raised its 2021 inflation forecast to 7.4% from 5.8%, the economy minister said on Tuesday, adding to pressure on the central bank to...

China’s ruling Community Party turned its sights on the country’s vast financial sector this month, kicking off a new round of a...

Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of the sector’s woes, Evergrande...

British employers took their payrolls to a record high in September, shortly before the end of the government’s wage subsidies programme,...

British shoppers increased their spending in September at the slowest pace since January, when the country was stuck in a coronavirus lockdown, as...

Japan’s wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting...

Investors are primed for another period of strong U.S. profit growth as third-quarter reports from Corporate America flow in starting next week....

British consumer morale has fallen to its lowest since February, when the country was under heavy COVID-19 restrictions, due to worries about the...

U.S. job growth likely accelerated in September as the summer wave of COVID-19 infections began to subside, fueling demand for high-contact...

Japan’s household spending fell more sharply than expected in August, as state of emergency curbs to combat the coronavirus pandemic weighed...

Europe’s soaring gas prices could destabilise the region’s economy, the head of Russian gas producer Gazprom’s export arm told a...

China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their lowest...

German industrial output dropped by far more than expected in August due to supply chain disruptions that are holding back growth in Europe’s...

The Bank of Japan cut its economic assessment for five of the country’s nine regions on Thursday as supply constraints disrupted factory...

Australia’s resources minister has proposed setting up a government-run A$250 billion ($180 billion) lending facility for the country’s...

US private sector employment rose by 568K from August to September, the ADP said in a report two days before the official NFP publication. These...

Britain’s government bond market is showing signs of strain from the country’s energy crisis, with headlines about gas prices sparking...

Rates as of 05:00 GMT Market Recap In Japan they say “A woman’s heart is as changeable as the autumn sky.” Maybe they should say...

The U.S. trade deficit raced to a record high in August, boosted by imports as businesses rebuild inventories, the latest sign that economic growth...

Business growth in the euro zone remained strong last month but was hit by ongoing supply issues constraining activity while elevated inflationary...

British new car registrations fell last month by 35% year on year to 214,000 units, according to preliminary industry data on Tuesday that marked...

Australia’s trade surplus unexpectedly grew to a record in August as strength in liquefied natural gas and coal exports more than offset a...

Australian job advertisements dipped for a third month in September as coronavirus lockdowns shut Sydney, Melbourne and Canberra, but were still...

Turkish factory activity grew in September for a fourth straight month as output and new orders continued to pick up and companies hired more...

Indian utilities are scrambling to secure coal supplies as inventories hit critical lows after a surge in power demand from industries and sluggish...

Spanish banks must carefully monitor the performance of state-backed loans granted during the COVID-19 pandemic to identify risks and any potential...

Unemployment in Saudi Arabia declined only marginally to 11.3% in the second quarter from 11.7% in the first three months of the year, official...

German unemployment fell in September, official figures showed on Thursday, suggesting that supply chain bottlenecks hitting industrial firms have...

China’s top copper smelters on Wednesday set floor treatment and refining charges (TC/RCs) for the fourth quarter at $70 per tonne and 7...

The primary focus on the markets switched to the energy sector, where prices are making new multi-year highs. The price of natural gas in the US on...

French consumer confidence improved more than expected in September as households’ concerns about unemployment eased, a monthly survey showed...

Profit growth at China’s industrial firms slowed for a sixth month as plants fought off high commodity prices, COVID-19 outbreaks and part...

The mood among German consumers brightened unexpectedly heading into October to reach its highest level in a year and a half, a survey showed on...

The Chilean economy is expected to fare better than expected in 2021, fast recouping lost ground thanks in part to the success of the...

Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the...

Growing worries over energy bills, food costs and tax hikes prompted a hefty drop in British consumer confidence this month as people became more...

Taiwan’s export orders grew less than forecast in August on unexpectedly weaker demand for new smartphones, though the government said the...

The US central bank kept its monetary policy unchanged at the end of the two-day meeting. This was in line with market expectations and therefore...

Surging natural gas prices across Europe could hinder the economic recovery in Spain, where small businesses crucial to local employment are more...