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China pledges to work with South Africa on multilateral trade, zero-tariff plan, Xinhua reports
BEIJING -China is willing to work with South Africa to safeguard the multilateral trading system and promote the early implementation of zero-tariff treatment for South African goods, Premier Li...
Copper giant Codelco signs deal with India's Adani for exploration in Chile
SANTIAGO -Chilean miner Codelco and India's Adani Group have signed an agreement for a copper project exploration in Chile, Codelco said in a statement on Friday. The agreement...
AIP plans sale or listing of French aluminium plant, union says
PARIS -U.S. investment firm American Industrial Partners plans to sell or list on the stock market Aluminium Dunkerque, France's largest aluminium plant, a union official said on Friday. ...
South Africa's Cell C Johannesburg listing priced below range
South African mobile operator Cell C's listing on the Johannesburg Stock Exchange was priced at 26.50 rands per share, below a previously set range of 29.50-35.50 rands, the company said on Friday. ...
South African rand and stocks weaker on selloff linked to US jobs data
JOHANNESBURG -South Africa's currency and stocks dropped on Friday, as investors dumped riskier assets in the wake of a U.S. jobs report that failed to provide clarity on a near-term path for the...
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028
SINGAPORE -Singapore's new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery from 2028 to meet an expected supply gap in the country, its...
Risk-on investors turn to Uganda to 'squeeze the last drop' out of frontier markets
LONDON/JOHANNESBURG -Uganda - a landlocked African nation that until recently struggled to get a World Bank loan - is the latest hot destination for investors chasing yields as this year's risk-on...
Price volatility saps bullion demand in top Asian hubs
Physical gold demand across major Asian markets remained weak this week, as volatility in rates deterred potential buyers from making purchases. This week, Indian dealers were offering...
Asian stocks sink as US jobs fail to clear rate outlook, tech hammered
SYDNEY -Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity on interest rates, with investors returning to dumping riskier assets even after...
Ivory Coast's main cocoa harvest to decline sharply for third consecutive year, sources say
ABIDJAN -Ivory Coast, the world's biggest cocoa producer, has sold 1.3 million tons of cocoa contracts for the 2025/26 October to March main crop, down from 1.4 million tons last year, amid concerns...
US stock futures extend gains on September jobs data
U.S. stock index futures extended gains on Thursday, as investors assessed a stronger-than-expected September jobs report and the Federal Reserve's interest rate outlook. A Labor...
South African key rate lowered at first decision under new inflation target
PRETORIA -South Africa's central bank cut its main lending rate by 25 basis points to 6.75% on Thursday at the first meeting since its inflation target was lowered, easing concerns that the new...
South African rand weakens ahead of interest rate decision
JOHANNESBURG -The South African rand slipped in early trade on Thursday, as investors looked ahead to the central bank's interest rate decision, the first meeting since the finance minister...
Germany to work closer with Singapore on supply chain issues
SINGAPORE -Singapore is ready to work closer together with Germany to tackle the supply-chain challenges both face in a new global scenario, German Finance Minister Lars Klingbeil said on Thursday,...
South Africa's Mr Price posts 6.5% rise in interim profit
JOHANNESBURG -South African fashion retailer Mr Price reported a 6.5% rise in half-year earnings on Thursday, helped by strong retail sales growth. Mr Price, which also sells home ware...
China October rare earth magnet exports fall for a second month, but US shipments surge
BEIJING -China's rare earth magnet exports in October fell 5.2% from a month earlier, customs data showed on Thursday, down for a second month, but shipments to the United States surged to a...
TSX rises on commodity boost as investors await Nvidia results
Canada's main stock index edged higher on Wednesday, supported by higher gold prices, while investor attention centered on Nvidia's quarterly earnings due after market close. At 9:30...
EU-Mercosur trade deal still needs work to be acceptable for France, says government
PARIS -A trade deal negotiated between the European Union and the South American trade bloc Mercosur is still not acceptable for France in its current form, a French government spokesperson said on...
South African retail sales rise 3.1% year-on-year in September
JOHANNESBURG -South African retail sales rose 3.1% year-on-year in September after rising by a revised 2.2% in August, Statistics South Africa figures showed on Wednesday. Seasonally...
Archer partners with Saudi entities to develop and test air taxi operations
Archer Aviation said on Wednesday it has signed a deal with The Helicopter Company and luxury developer Red Sea Global, both owned by Saudi Arabia's Public Investment Fund, to develop, test and...
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The Gulf Gives, the Fed Takes
FTSE MIB: The Record-Breaking Rise of a Unique Index
Commodities: Oil Flowing Freely
Currencies: Support for the Dollar Is Fraying
SpaceX takes the bull by the horns
UCB: The Transformation is Complete, Now for the Right Price
Fed edges closer to a rate hike
America spends, Europe hedges
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