Economy News

Australia's centre-left Labor government has rolled out the biggest changes to investment taxes ​this century to help young people break into...

India's retail inflation rose marginally to 3.48% in April, ‌driven by dearer food prices, government data showed on Tuesday, but the...

Private credit funds have marked down more than a tenth of ​their loans by at least 50%, new data from MSCI ‌showed, as corporate borrowers in...

Norway's government said on Tuesday it expects the state to earn 721.1 billion crowns ($78.71 billion) ​this year in revenue from oil and gas...

German investor morale unexpectedly improved in May, although it remained in negative territory overall as ​businesses continue to feel the...

The European Union is working on regulations to reign in on social media's business models ​to protect children and youth, European...

Some Bank of Japan policymakers argued in April for raising rates soon, with one flagging the chance of a June move, highlighting a ‌growing...

U.S. existing home sales rebounded less than expected in April, and could struggle to gain altitude as mortgage rates remain elevated and rising...

SoftBank Group Corp founder Masayoshi Son is considering an investment of up to $100 ​billion in France, including a multibillion-dollar...

Shares of Indian jewellery retailers tumbled on Monday after Prime ‌Minister Narendra Modi urged people to refrain from buying gold for a year...

FRANKFURT, May 11 (Reuters) - German property ​prices rose 2.2% in the ‌first quarter, the VDP banking association said on Monday, but ​it...

Norway's annual core inflation rose in line with expectations in April, Statistics ​Norway (SSB) data showed on Monday, supporting expectations...

South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the war in Iran drove up energy...

Britain's jobs market lost momentum in April after recruiters turned more cautious about hiring as the ​Iran war heightened cost pressures, an...

Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus ‌could increase inflationary risks and compel...

China's producer prices blew past expectations to rise to a 45-month high ​in April, while consumer inflation also accelerated as global energy...

China's domestic car sales fell for a seventh straight month in April amid intense ​competition in the world's biggest auto market but...

U.S. consumer sentiment slumped to a record low in early ​May as higher gasoline prices ‌weighed on household finances and purchasing power, a...

The Andean Community ordered Colombia and Ecuador ​to lift all measures restricting trade between ‌the two countries, the bloc said late on...

British house prices fell in April for a second month in ‌a row as concerns about the impact of the war in Iran hurt buyer demand and in...

British government bond prices were little changed ​on Friday with long-term borrowing costs hovering ‌close to their highest level in nearly...

Japan is wagering that a hawkish shift at the Bank of Japan and an endorsement from U.S. Treasury Secretary Scott Bessent can give ​yen-buying...

Gold demand in India was muted this week, ‌as a price recovery prompted potential buyers to postpone purchases, while China premiums remained...

The UAE's top lender and two other Middle Eastern banks are launching or expanding operations in Hong Kong, as they target ​better China...

Just as the world's AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia's tech names, making Seoul's stock...

Japan may have spent as much as 5.01 trillion ​yen ($32.06 billion) in its latest efforts to bolster its embattled ‌currency, central bank...

Chinese electric vehicle battery giant CATL said ​on Thursday that it would co-develop ‌cars based on its Panshi EV chassis with Turkish...

German banks have vast excess capital but do not lend it to companies and households because there is little demand ​from good borrowers and the...

Median annual pay settlements offered by British private sector employers held steady in ​March, according to a survey published a ‌week after...

India is planning to raise spending on its key scheme designed to refund local taxes paid on export goods and extend the programme's tenure by...

Japan likely intervened during the Golden ​Week holidays and will step back into the market if the yen renews its slide below the psychologically...

Euro zone financial integration has made steady progress in the past few years but the region's equity markets remain ​stubbornly fragmented,...

The Philippine economy grew 2.8% in the first quarter, the country's statistics agency said on Thursday, lower ​than forecast, constrained...

Indonesia is targeting economic ​growth of between 5.9% and ‌7.5% in 2027, its planning minister said on Thursday, driven by ​investment,...

Israel will transfer jet fuel to Germany after Berlin requested assistance in recent days following the crisis in ​the Strait of Hormuz, according...

Apollo Global Management's assets under management surpassed the $1 trillion mark, driving its earnings from fees for the first quarter to...

Thailand has approved six major ​projects worth a combined 958 billion ‌baht, or $29 billion, its investment board said on Wednesday. The...

Germany's service sector contracted at its steepest rate in more than three years in April as demand evaporated due to rising inflationary...

France's services sector contracted in April, as demand weakened amid economic and political uncertainty linked to the Iran ​war, a...

Russia's services sector contracted for a second straight month in April as weak ​client demand led to declines in output ‌and new sales,...

South Korea's consumer prices rose in April at ‌the steepest pace in nearly two years on a surge in oil prices triggered by the Middle...

Russia's exports of liquefied natural gas rose 8.6% in January to April to 11.4 ​million metric tons from the same period ‌last year due...