Analysis: Indices

Egypt expects remaining 4 billion euros in EU financial package by 2027

Egypt expects the remaining 4 billion euros of a previously announced 5 billion macro-financial assistance package from the European Union to be disbursed in three tranches by 2027, Foreign Minister...

CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed.  The loonie was trading 0% lower at C$1.3864 to the greenback, or...

AFRICA-FX-Most currencies under pressure from dollar demand

The Ghanaian, Ugandan and Zambian currencies could lose ground against the dollar in the week ahead, while Kenya's shilling is expected to be little changed, traders said. GHANA ...

India's NSE in talks with IGX to launch natural gas futures contract

India's National Stock Exchange is in discussions with Indian Gas Exchange, or IGX, to develop and launch Indian natural gas futures, the country's largest bourse said on Thursday. The...

Zambia seeks new IMF programme rather than extension

Zambia will work on a new programme with the International Monetary Fund instead of seeking to extend its loan agreement that expires at the end of the month, the finance ministry said on Thursday. ...

Indonesia mulls palm oil export levy hike to support biodiesel mandate

Indonesia will likely increase its palm oil export levy to support the country's biodiesel mandate, energy ministry official Eniya Listiani Dewi told reporters on Thursday, citing tightening funds. ...

African states, business groups eyeing stake in De Beers, CEO says

De Beers has attracted interest from several business groups and African governments as parent Anglo American looks to offload its stake in the firm, the diamond giant's CEO told Reuters. ...

TSX pulls back from record high as commodity prices fall

Canada's main stock index pulled back on Wednesday from a record high as commodity prices declined and investors weighed the need for Canada to diversify its trading partners. The...

South Africa eases anti-trust rules for firms facing high power costs

South Africa has softened its anti-trust regulations to allow firms battling high power costs to jointly build energy infrastructure and collectively negotiate supply contracts. South...

India expects strong economic growth despite US tariff hit

India's economic growth is estimated to surge past most initial private and official forecasts, backed by robust domestic demand and government spending, helping New Delhi cope with punitive U.S....

South African rand subdued as dollar rebounds, December PMI contracts

The South African rand was subdued in early Wednesday trade, pressured by a rebounding U.S. dollar and a contraction in December's local Purchasing Managers' Index, the sharpest drop in business...

Musk's xAI raises $20 billion in upsized Series E funding round

Elon Musk's artificial intelligence startup xAI announced Tuesday it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target as it ramps up development of new AI...

China buys more US soybeans, total purchases approach 10 million tons

China's state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing from the United States following a...

Canada's Air Transat pilots approve five-year contract

Pilots at Canadian airline Air Transat overwhelmingly approved a new five-year contract on Tuesday, according to the Air Line Pilots Association, which represents 725 members at the carrier.  ...

Canadian oil will stay competitive, even if Venezuelan output rises, Carney says

Canadian crude oil is low risk and will stay competitive even if output in Venezuela rises after the U.S. capture of President Nicolas Maduro, Prime Minister Mark Carney said on Tuesday. ...

Saudi Arabia to open financial market to all foreign investors next month

Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more money from abroad. ...

EU poised to secure vital Italy backing for Mercosur deal

The European Commission appeared to have won the crucial support of Italy on Tuesday for a contentious free trade deal with South American bloc Mercosur, paving the way for the EU to sign the...

South Africa business activity contracts in December at fastest pace in 11 months, PMI shows

South Africa's business activity contracted sharply in December, marking the weakest performance since last January as demand waned and firms reduced purchases and inventories, an S&P Global survey...

South African rand softens on sour PMI survey but hovers around three-year high

South Africa's rand softened on Tuesday after an S&P Global survey showed that the country's business activity contracted sharply in December, but the currency was still trading around its strongest...