Economy News

High prices are the cause for demand slowdown in India, and aligning inflation to the central bank's 4% target is key to ensuring sustained...

Investors pulled a net $50.2 billion from U.S. equity funds in the week ending Dec. 18, according to LSEG Lipper data, the biggest net outflow...

Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for its first decline since the country started...

UK's competition watchdog said on Friday chip design software maker Synopsys' $35 billion acquisition of Ansys could reduce...

Hungary's parliament approved Prime Minister Viktor Orban's 2025 budget on Friday, shrugging off concerns by the Fiscal Council that the...

Britain ran a smaller-than-expected budget deficit last month as a past lull in inflation pushed down interest paid on government bonds, giving a...

British retailers reported a weak run-up to the Christmas holidays with sales falling again and businesses worrying about higher costs in 2025, the...

Greece's current account deficit narrowed sharply in October from a year earlier to 383 million euros ($397.59 million), helped by robust...

The business climate index in Germany's retail sector fell slightly in normally consumer spending-heavy December, as retailers assess their...

Taiwan export orders grew more slowly than expected in November as weaker shipment for smartphones offset strong demand for artificial intelligence...

South Korea's financial authorities said on Friday they would loosen foreign exchange regulations and allow more corporate borrowings abroad,...

Top Japanese finance officials said on Friday the government is "alarmed" by recent foreign exchange moves and is ready to intervene if...

China left its benchmark lending rates unchanged as expected at the monthly fixing on Friday. WHY IT'S IMPORTANT Persistent...

Germany's federal and state governments' tax revenue rose 9.0% in November compared with the same month last year, the finance ministry...

Italy's government on Thursday called a vote of confidence in parliament on its deficit-cutting 2025 budget, a way of speeding up its approval...

The number of Americans filing new applications for jobless benefits fell more than expected last week, reversing the prior week's jump and...

The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending. Gross domestic product...

Poland still expects 2.8-2.9% economic growth in the fourth quarter, Finance Minister Andrzej Domanski said on Thursday. "This will be a...

Indian state governments must have clear and time-bound glide paths for fiscal consolidation with transparent and uniform reporting of liabilities,...

German exports to Britain are growing faster than to any other country among the Group of Twenty (G20) nations due to an ongoing gold rally,...

U.S. single-family homebuilding rebounded in November as the drag from hurricanes faded, but the threat of tariffs on imported goods and potential...

German consumer sentiment is expected to improve slightly at the start of next year but at a low level as high food and energy prices and job...

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and...

China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as falling yields, shrinking net interest...

The Bank of Japan said unconventional monetary easing, such as its ultra-easy policy of the past decade, carries potential uncertainties and side...

New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter...

The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the...

South Korea's potential economic growth rate is estimated to have fallen to around 2% and is projected to fall further below 1% by the late...

Inflationary expectations among Russian households for the year ahead rose to 13.9% in December, the highest value since the start of the year,...

British manufacturers reported the biggest fall in output since the COVID-19 pandemic in late 2024 and they are even more downbeat about the start...

British house prices are set to grow by up to 3% next year as property remains in short supply across much of the country and new home building has...

U.S. liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight...

The average rent for residential properties in England rose at their fastest annual pace on record, according to official figures on Wednesday that...

Stock market peaks typically coincide with troughs in cash holdings - but a regional skew to that picture may be messing with the signal for anyone...

The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other...

Oil prices edged higher on Wednesday as investors remained cautious ahead of an expected interest rate cut by the U.S. Federal Reserve, while...

British inflation rose to its highest in eight months in November but an underlying measure of price growth watched closely by the Bank of England...

Joblessness among the youth in Chinese cities eased for a third straight month in November after reaching its highest this year in August, official...

Japan set a new annual record for visitor arrivals with one month to spare, official data showed on Wednesday, as the weak yen helped propel the...

Asia's fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner shipping fuel mandates in Europe and...

U.S. business inventories edged up in October as modest increases in stocks at retailers and wholesalers were partially offset by a decline at...

Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the...