Specialized search for economics

1+ hour, 12+ min ago   (286+ words) LONDON, Aug 5 (Reuters) – Britain’s dominant services sector returned to growth last month as new orders picked up, according to a survey by S&P Global that ​showed expectations for activity in the next 12 ‌months were the highest since before the…...

11+ min ago   (476+ words) Strategic measures and cost reductions lifted company’s first-half net profit to EUR 35.6 million. Knitting Industry | Lenzing, Austria Lenzing Group more than doubled its net profit during the first half of 2026, despite volatile energy and raw material prices, subdued consumer demand…...

48+ min ago   (142+ words) W.Media Gamuda scores US$ 420 million hyperscale buildout job, its second in Port Dickson, Malaysia Malaysian infrastructure and property development giant Gamuda Berhad announced today that it has been awarded construction work for a hyperscale data center worth RM1.71 billion (US$ 420 million),…...

45+ min ago   (419+ words) Published on 08/05/2026 at 05:06 am EDT Aug 5 (Reuters) - Gold rose more than 2% on Wednesday to a one-month high as hopes of a U.S.-Iran peace deal tempered some inflation concerns, while investors awaited key U.S. jobs data for clues on the Federal Reserve's…...

6+ hour, 39+ min ago   (218+ words) Annual wage inflation, as measured by the Labour Cost Index, also showed signs of cooling, rising 3.6% in the year to the June quarter, down from 4.1% in the previous quarter. This deceleration in wage growth, while still relatively high, provides some…...

2+ hour, 34+ min ago   (210+ words) Homeplus 67 stores temporarily closed will resume operations. It will open first on the 7th, conduct operational inspection and supplementation work until the 12th, and officially open on the 13th. Homeplus said on the 5th that 200 billion won of DIP funds will be introduced on…...

25+ min ago   (415+ words) According to A Statistical Revamp Is About To Lower Inflation by The Wall Street Journal, the Bureau of Economic Analysis (BEA) is reformulating its Core PCE calculation. The markets seem to focus on CPI as its inflation gauge, while the…...

51+ min ago   (395+ words) The UAE’s economy expanded by 3% in the first quarter of 2026, with real gross domestic product (GDP) reaching AED485 billion, underscoring the country’s economic resilience despite ongoing regional challenges. According to figures released by the Federal Competitiveness and Statistics Center, non-oil GDP…...

1+ hour, 47+ min ago   (154+ words) Reciprocal agreement adds nine cities and expands connectivity across central and southern Africa Dubai: Emirates and South African Airways (SAA) today announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the start of a reciprocal…...

49+ min ago   (420+ words) According to the Korea Exchange on Aug. 5, the KOSPI index closed at 6,598.26, surging 239.31 points (3.76%) compared to the previous trading day. This figure represents a massive upward streak for two consecutive days, following a 1.62% increase the previous day. The KOSDAQ index…...