Economic news

Germany's power grid operators will need the country's regulator to grant higher returns on their capital from 2029 to be able to spend on...

Shell's head of downstream and renewables Huibert Vigeveno will step down after 30 years with the energy major and be replaced by insider...

Oil prices were little changed on Thursday, maintaining the previous session's losses on uncertainty over how U.S. President Donald Trump's...

Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a...

Gold prices were little changed on Thursday, as market participants awaited further clarity on policies from U.S. President Donald Trump's...

Associated British Foods expects analysts' consensus profit expectations for its 2024/25 year to fall about 2% after the group cut the...

Korea Zinc held a special shareholders' meeting on Thursday to elect new board members, opening another chapter in a bitter four-month...

Associated British Foods downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results...

Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500 million initial public offering in...

Shares in Puma dropped 11% in pre-market trading on Thursday after the German sportswear maker late on Wednesday said it was dissatisfied with...

Global stocks eased on Thursday, halting a rally sparked by U.S. President Donald Trump's mammoth spending plans for artificial...

Thailand's exports rose for a sixth straight month and more than expected in December, with the commerce ministry saying on Thursday that...

China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the...

The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence...

Hungarian business confidence fell in January to lows last seen during the COVID-19 pandemic, economic think tank GKI said on Thursday, weighed...

South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened...

Indonesia's parliament proposed on Thursday to revise the country's mining law to help the government accelerate development of its mineral...

Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal...

The pound rose for a third day to hit a two-week high against the dollar on Wednesday, as a lack of clarity on U.S. President Donald Trump's...

London's FTSE 100 touched a record high on Wednesday, as positive corporate updates and expectations of further monetary policy easing...

Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it looks to focus on its...

The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which it is expected to...

China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest...

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease...

Most stock markets in the Gulf ended higher on Wednesday amid general caution in response to U.S. President Donald Trump's recent policy...

Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion...

Consumer goods maker Hindustan Unilever said on Wednesday it would buy the 'Minimalist' skin care brand and projected near-term...

India's Bharat Petroleum Corp Ltd (BPCL) reported a lower-than-expected third-quarter profit on Wednesday, due to lower marketing margins...

India's benchmark indexes ended strongly on Wednesday, boosted by gains in HDFC Bank after its quarterly results, after having spent the day...

SINGAPORE, Jan 22 (Reuters) - Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than 3...

Changes in policy promised by the newly inaugurated Trump administration foreshadow a future in which uncertainty will be "the new...

The dollar struggled to regain ground against major currencies on Wednesday, hovering close to two-week lows as a lack of clarity on President...

China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief...

Indonesia will exempt oil and gas exporters from its new rule that all proceeds from natural resource exports be kept onshore for a year, as...

Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on Wednesday, hit by...

British airline easyJet reported a smaller operating loss in its first quarter on Wednesday on easing fuel costs and strong passenger demand...

Oil prices dipped on Wednesday extending the previous session's declines as markets weighed U.S. President Donald Trump's declaration of a...

Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant...

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with...

Global stocks rose on Wednesday as a flurry of new policies from U.S. President Donald Trump combined with robust corporate earnings to bolster...

Gold prices hit an over 11-week peak on Wednesday, not far from an all-time peak touched last year, boosted by safe haven demand stemming from...

The Canadian dollar recouped much of its earlier decline against the greenback on Tuesday as investors assessed the chances of U.S. President...