Economic news

LVMH , the world's largest luxury group, said on Monday sales fell 3% over the first quarter, missing expectations and confirming a sector...

Argentina's long-suffering markets gave a slightly weary cheer on Monday after the country sealed a $20 billion loan program with the...

Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first...

With global trade deeply uncertain and a tariff war causing havoc on financial markets, Germany's next government is hoping to unleash domestic...

Germany's antitrust authorities on Monday approved UniCredit's plans to own just under 30% of Commerzbank, removing a further obstacle...

Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75...

KKR will buy a joint venture of S&P Global and CME Group in a $3.1 billion deal, in the U.S. private equity firm's second...

Asking prices for housing on sale in Britain this month are 1.3% higher than a year earlier, despite the end of a tax break, pushing the average...

The dollar drifted lower on Monday, while the Japanese yen and the euro progressed higher as investor confidence in the world's reserve...

South Korean industrial tools maker DN Solutions on Monday opened bookbuilding for an initial public offering of up to 1.6 trillion won ($1.1...

Futures for Canada's main stock index rose on Monday alongside Wall Street peers, after the White House excluded smartphones and computers from...

Britain expressed confidence on Monday that it could secure enough raw materials to keep the blast furnaces at its last maker of virgin steel...

China plans to keep building coal-fired power plants through 2027 in regions where they are needed to meet peak power demand or stabilise the grid,...

Gold prices fell from a record high on Monday after U.S. President Donald Trump excluded smartphones and computers from his reciprocal tariffs,...

UK shares climbed on Monday in broad-based gains after U.S. President Donald Trump exempted smartphones and computers from steep Chinese tariffs,...

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in...

Oil prices rose 1% on Monday after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March, but gains...

The British pound climbed against the dollar and the euro on Monday after U.S. President Donald Trump excluded smartphones and computers...

The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to...

South Korea and Vietnam agreed on Monday to expand economic cooperation after a ministerial meeting on Monday, at a time when the two countries are...

Major stock indexes bounced in Europe and Asia on Monday after the White House exempted smartphones and computers from...

Goldman Sachs cut its 12-month forecast for Europe's STOXX 600 index for the second time this month and said it "anticipated more...

Japanese Prime Minister Shigeru Ishiba said on Monday his country does not plan to make big concessions and won't rush to reach a deal in...

Japan's Nikkei share average ended higher on Monday, as iPhone-related shares jumped after the United States excluded smartphones and other...

Wall Street posted solid gains on Friday as big banks kicked off first-quarter earnings season and investors closed the book on a turbulent week of...

China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating...

TSMC, the main global producer of advanced chips used in artificial intelligence applications, is set to report a 54% leap in first-quarter profit...

Japan is gearing up for trade negotiations with the United States that will likely touch on the thorny topic of currency policy, with some...

U.S. producer prices notched their first monthly decline in nearly 1-1/2 years in March as gasoline prices plunged, but tariffs on imported goods...

Wells Fargo's profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses,...

Mercedes-Benz said on Friday it is shifting focus towards midsize and large vans and ending engagement in the smaller category, after the...

BNY beat analyst expectation for the first-quarter profit on Friday, benefiting from growth in assets under custody which led to stronger...

Morgan Stanley beat first-quarter profit estimates on Friday, helped by record equity trading and strong wealth management results. The...

Asian spot liquefied natural gas (LNG) prices slid to an over eight-month low this week, weighed by weak demand, high stocks and concerns of a...

India's industrial output in February was its weakest since August 2024, hurt by slowing manufacturing and mining sector growth,...

Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away, intensifying...

Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors and a...

BlackRock posted a drop in first-quarter profit on Friday as the world's largest asset manager took a hit from higher expenses. Stock...

The dollar continued to tumble on Friday, hitting its lowest in a decade against the Swiss franc and sending the euro above $1.14, as the fallout...

The Indian rupee logged its worst week since February as drastic shifts in U.S. trade policy sparked volatility in global markets and weighed on...

China's Anker, one of Amazon's largest sellers offering products from power banks to phone cases, has raised prices on a fifth of its...