British Prime Minister Rishi Sunak said on Friday that Environment Minister Zac Goldsmith had been asked to apologize for criticizing a parliamentary committee, but had decided to resign instead. Goldsmith was reprimanded on Thursday by a parliamentary committee that has been critical of the conduct of a group of allies …

Data from Germany’s Federal Labor Office showed on Friday that the country’s unemployment rate rose more-than-expected in June. The office said that the number of unemployed increased by 28 thousand people in light of seasonal adjustments to reach 2.61 million people. Analysts polled by Reuters had expected an increase of …

European stocks rose on Friday after weak factory activity data in China boosted hopes for more stimulus policies, while investors awaited key inflation data to look for other clues about the direction of global interest rates. The pan-European Stoxx 600 index was up 0.3 percent by 0703 GMT. The index …

The Japanese Nikkei index trimmed its losses to close lower on Friday and stop rising before the season of companies announcing their earnings, but it achieved gains for the sixth month in a row as a result of investors’ appetite to buy falling stocks. The Nikkei fell 0.14% to 33,189.04 …

Oil prices rose on Friday, and Brent crude is heading for its first monthly increase this year, as a significant decline in US crude oil inventories erased fears that fuel demand would be affected by any new increase in interest rates. Brent crude futures for September delivery were up 16 …

Gold settled near its lowest level in four months on Friday, as investors awaited important US inflation data later on Friday, after a group of strong data and statements in favor of monetary tightening from Federal Reserve officials increased bets on raising interest again. And gold settled in the spot …

German inflation rose more-than-expected in June, snapping an extended decline since the start of the year. Preliminary data from the Federal Statistics Office on Thursday showed consumer prices, which are harmonized to make it easier to compare them with other countries in the European Union, rose 6.8 percent year-on-year in …

Japan and South Korea agreed on Thursday to revive a $10 billion currency swap pact, building on an improvement in two-way ties to bolster a regional financial safety net amid heightened geopolitical risks. The swap agreement was first agreed in 2001 as a tool to help the two countries combat …

The dollar hovered near its highest level in seven months against the yen, after the statements of the heads of the US and Japanese central banks confirmed the significant difference in the path of monetary policy for each of them, during a conference hosted by the European Central Bank last …

European stocks rose on Thursday, supported by the rise of the Swedish clothing stock, H&M, after the company achieved stronger-than-expected profits, but statements related to tightening monetary policy from a number of senior central bank officials curbed risk appetite. And by 0704 GMT, the European Stoxx 600 index rose 0.1 …