European natural-gas prices climb on concerns over regional storage levels ahead of winter and lingering uncertainty over LNG supplies from the Persian Gulf. In early European trading, the benchmark Dutch TTF contract is up 2.4% to 44.04 euros a megawatt-hour. Although global LNG exports increased…
Russia's central bank said on Thursday that an increase in Russian imports, including gasoline, will not lead to a significant change in the rouble rate.Russia is seeking to import gasoline after Ukrainian drone strikes caused fuel shortages across the country.
Germany’s 10-year Bund yields climbed to 2.95%, a near two-week high, tracking US Treasury yields as investors prepared for US jobs data later in the day.However, gains were limited by softer-than-expected Eurozone inflation data and reduced expectations for aggressive ECB rate hikes this year.Wedn…
The unemployment rate in Italy ticked down to 5.0% in May 2026 from 5.1% in April, slightly below market expectations of 5.1%.This was the lowest level since the current data series began in 2004, as the number of unemployed individuals decreased by 22 thousand month-on-month to 1.28 million, which…
Italy's unemployment rate fell slightly to 5.0% in May but a net 22,000 jobs were lost during the month, with the fall in the jobless rate due to people no longer looking for work, national statistics bureau ISTAT reported on Thursday.The unemployment rate was below a median forecast of 5.1% in a R…
By WSJ StaffIf the U.S. economy added more than 100,000 jobs in June, as economists expect, we will have had four straight months of jobs growth over 100,000, something that hasn't happened since early 2024.This item is part of a Wall Street Journal live coverage event. The full stream can be found…
By Toby SterlingChinese export controls, technological dependence on the U.S. and the structural weakness of Europe's chip industry mean it faces a "bleak future" unless it can act swiftly to shore up domestic supplies, an EU-funded report found on Thursday.The report by the European Union's Instit…
Tourist arrivals to Thailand are expected to recover in 2H with the de-escalation in Middle East tensions, CGS International economists say in a report. The recovery would offer a meaningful boost to the Thai economy through higher tourism receipts, stronger domestic consumption and better employme…
Thailand’s Business Sentiment Index rose to 46.1 in June 2026 from 42.5 in May, marking its least pessimistic reading in three months.The improvement was driven by the easing of the Middle East conflict, lower energy prices, and the government's "Thais Help Thais Plus" scheme, which temporarily boo…
By Pablo SinhaGold prices rose on Thursday as softer-than-expected U.S. jobs data and lower oil prices eased inflation concerns, while investors awaited the nonfarm payrolls report for cues on the Federal Reserve's policy path.Spot gold TVC:GOLD had risen 0.9% to $4,067.67 per ounce by 0753 GMT, af…
Indian pharmaceutical exports to China are contracting. In FY26, shipments to China fell by 11.54 percent, dropping from $324.91 million in FY25 to $287.42 million.The China slide comes even as India’s pharmaceutical exports grew 2 percent to $31 billion in the year gone by.Indian drugmakers failed…
UAE, Dubai: The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) announced a new landmark initiative aimed at supporting digital learning, implemented by The Digital School.The new initiative aims to benefit more than 500,000 people in six African countries: Mauritania, Nigeria, Lesotho, Z…
BRUSSELS (dpa-AFX) - Romania's producer price inflation accelerated further in May to the highest level in just over three years, data from the National Institute of Statistics showed on Thursday.The producer price index climbed 12.1 percent yearly in May, faster than the 10.3 percent increase in A…
The European Central Bank pushed back on industry calls for lower bank capital requirements on Thursday, arguing that the current requirements are needed for safety and do not constrain lending.The U.S. administration has been easing bank regulation for the past year, and European lenders have been…
At the start of the last Premier League season, eleven clubs ran out with a gambling company's logo on the front of their shirt. As the next campaign approaches, every one of those clubs needs a new partner. At the same time, the Financial Conduct Authority (FCA) has sent a formal letter to Premier…
Freemelt has been granted funding from Vinnova for two separate projects within Swedish Metals & Minerals, a program under Impact Innovation, the joint innovation initiative of the Swedish Energy Agency, Formas and Vinnova. The projects are carried out in collaboration with Linköping University, Sa…
N. SaeedIraq will soon invite bids from foreign contractors to build the remaining piers in the southern Faw port, the official daily Al Sabah reported on Thursday.South Korea’s Daewoo E&C company has already completed the port’s five main jetties under a $2.6 billion contract it won in 2010.“The g…
Staff WriterRetal Urban Development Company has signed two agreements with ROSHN Group, the Public Investment Fund-owned giga-project developer, to develop 163 residential units in AlManar Community in Makkah.The total value of the deal is 123.83 million Saudi riyals ($32.98 million), the developer…
Indonesia's inflation is expected to trend higher in the near term, Kenanga economists say in a note. Rising food and transport costs, along with persistent rupiah weakness, are likely to keep price pressures elevated, although inflation is expected to remain within Bank Indonesia's target range of…
South Korea needs to raise its financial sector to global standards that match the maturity of its real economy, with foreign-exchange market modernization a key priority to boost competitiveness, according to a senior Finance Ministry official, Bloomberg reported.
