Indices

Silver hits record high above $100/oz as gold closes in on $5,000 milestone

Silver prices rose above $100 an ounce for the first time on Friday, while gold hit another record en route to $5,000/oz as investors pile into safe-haven assets amid geopolitical turmoil and on...

Global equity fund inflows slow on geopolitical uncertainties

Investments in global equity funds shrank in the week to January 21 as U.S. President Donald Trump's threats of reigniting a trade dispute with Europe over Greenland curbed investor appetite. ...

Nissan to sell South Africa plant to China's Chery

Nissan Motor said on Friday it would sell its manufacturing assets in Rosslyn, South Africa, to the local arm of China's Chery Automobile for an undisclosed sum. Chery SA will buy the...

China to offer LNG futures as soon as next month, sources say

China is set to offer domestic-listed, yuan-denominated liquefied natural gas futures contracts as soon as next month, people with knowledge of the matter said, reducing importer reliance on the West...

Surprise UK retail sales rise adds to signs of pickup in economy

British retail sales rose unexpectedly last month, helped by strong online shopping, according to data published on Friday which added to signs of a pickup in the economy after finance minister Rachel...

Geopolitical analysis on the rise for investors as risks multiply 

Demand for geopolitical analysis is rising, as asset managers and corporate investors seek guidance on the best way to price in risk from wars, territorial saber-rattling and global political risk. ...

Trading Day: Viva the 'TACO' trade

World stocks leaped on Thursday after U.S. President Donald Trump agreed a framework of a deal on Greenland and withdrew his threat to slap new tariffs on several European nations, while investors...

Exclusive - Big North European investors reassess US exposure as geopolitical risk mounts

Big Northern European investors are increasingly wary of the risks of holding U.S. assets in the face of geopolitical tensions, pensions chiefs told Reuters, a sign of a broadening shift away from the...

Fashion retailer Truworths expects half-year earnings around flat after African sales fall

South African fashion retailer Truworths International said on Thursday its half-year profit was likely to be flat to around 2% higher as constrained consumer spending has led to lower sales at its...

Egypt's finance minister says overall private investment in Egypt grew 73% last year

Egyptian Finance Minister Ahmed Kouchouk said on Thursday that overall private investment in Egypt grew by 73% last year. He was speaking during a session at the World Economic Forum in...

UN says 35 million Nigerians risk hunger after global funding collapse

Nearly 35 million Nigerians are at risk of hunger this year, including 3 million children facing severe malnutrition, the United Nations said on Thursday, following the collapse of global aid...

Colombia halts electricity sales to Ecuador and imposes tariffs in trade, drug trafficking spat

Colombia will suspend electricity sales to Ecuador and impose a 30% tariff on 20 products from its neighbor, it said on Thursday, in an escalating dispute over trade and the fight against drug...

Flood damage to South Africa's Kruger park will take years to fix

Damage from severe floods in South Africa's flagship game reserve Kruger National Park will take years to repair and cost millions of dollars, the environment minister said on Thursday. ...

ArcelorMittal South Africa in advanced talks for potential deal, shares spike

ArcelorMittal South Africa said on Thursday it was in advanced talks with the state-owned Industrial Development Corporation that could lead to a potential transaction, driving its shares up nearly...

US-funded Guinea-Bissau vaccine study to undergo ethical review, African health officials say

A Trump-administration-funded study into the effects of hepatitis B vaccines on newborns in Guinea-Bissau has not been cancelled but will undergo further ethical review, African health officials said...

China's Africa lending nearly halved in 2024, shifts to yuan

Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic projects, according to data...

F/m Investments seeks SEC approval to tokenize Treasury bill ETF shares

F/m Investments said on Wednesday that the asset manager has filed with a regulator for approval to record ownership of tokenized shares in its U.S. Treasury 3-month bill ETF on a permissioned...

TSX advances as investors assess Trump's push for Greenland talks

Canada's main stock index on Wednesday bounced back from the previous session's sharp sell-off, as investors digested fresh comments from U.S. President Donald Trump in Davos, Switzerland hinting that...

Canadian beef heads to China following Carney's visit

Canadian beef will be exported to China following the relaxation of an import ban that had been in place since 2021, the agriculture minister said, though analysts cautioned it will likely be in small...