Analysis: Indices

China has yet to release gold output data for latest quarter

China did not publish gold data for the latest quarter as it usually does in late October, prompting industry speculation that the world's top producer of the precious metal may have ceased...

Saudi Arabia cuts December oil prices for Asia as OPEC+ boosts output

Saudi Arabia, the world's top oil exporter, has sharply reduced the prices of its crude for Asian buyers in December, responding to a well-supplied market as OPEC+ producers ramp up production. ...

S.African iron ore mine to close after ArcelorMittal halts purchases

JOHANNESBURG -South Africa's African Rainbow Minerals said on Wednesday that its jointly owned Beeshoek iron ore mine will be placed on care and maintenance after its sole customer, the ailing steel...

The revenge of the emerging markets… on Wall Street's turf

After several years of Wall Street's unchallenged dominance, emerging market indices are leading the race in 2025. However, as is the case in Wall Street, only a few stocks linked to artificial...

Trafigura floods LME Malaysia warehouses with aluminium, sources say

LONDON -Trafigura delivered large quantities of aluminium to London Metal Exchange approved warehouses in Malaysia last week to benefit from a financial deal, three sources familiar with the matter...

Nigeria sells $2.25 billion Eurobond as it shrugs off US military threat

JOHANNESBURG/LAGOS -Nigeria raised $2.25 billion in a bond sale on Wednesday as markets largely shrugged off threats from U.S. President Donald Trump of potential military action in the country.  ...

Huawei's Chinese EV partner Seres' shares slide in Hong Kong debut amid tech slump

Shares of Chinese electric vehicle maker Seres Group, the EV partner of technology firm Huawei, fell as much as 7.2% in the company's Hong Kong Stock Exchange debut on Wednesday after it raised $1.84...

South Africa's rand pauses slide as investors await next catalyst

JOHANNESBURG -South Africa's rand edged up on Wednesday, attempting a recovery from an almost two-month low as investors awaited fresh signals on the global and domestic economic outlook. ...

Oil settles down more than 1% at 2-week lows on fears of glut

NEW YORK -Oil prices fell more than 1% on Wednesday, settling at two-week lows on pressure from concerns of a possible global oil glut, but data showing signs of strong U.S. demand for fuel limited...

Chile's Codelco 9-month pre-tax profit at $607 million

SANTIAGO -Chile's Codelco, the world's largest copper producer, on Tuesday posted a pre-tax profit of $606.9 million in the nine months to September, slightly below the $612.2 million reported in the...

Indian automaker Mahindra posts higher profit on strong SUV sales

Indian automaker Mahindra & Mahindra posted a nearly 18% rise in second-quarter profit on Tuesday, driven by steady demand for its high-margin sport-utility vehicles and tractors, and strong...

Toyota set for second straight quarterly profit drop as US tariffs weigh

TOKYO -Japan's Toyota Motor is expected to post a second consecutive quarterly operating profit decline on Wednesday, as U.S. tariffs and supply-chain risks weigh on its operations despite robust...

South Korea's President Lee says economy has turned a corner

SEOUL -South Korean President Lee Jae Myung said on Tuesday the economy has turned a corner as risks related to geopolitics and corporate governance have been easing, which has boosted the local...

Bridgewater CIOs warn investors are underpricing risks to AI-fueled rally in S&P

Investors are overlooking mounting risks to the current market stability and the limits of the artificial intelligence boom, particularly in the United States, Bridgewater Associates' co-chief...

AstraZeneca wins shareholder backing for NYSE listing in US pivot

AstraZeneca shareholders approved a direct listing of the drugmaker's shares on the New York Stock Exchange on Monday, giving it access to a deeper capital pool. The drugmaker said...

Resource disputes between investors and states hit 10-year high

LONDON -Disagreements between governments and investors over resources are at a 10-year high, law firm DLA Piper said, driven by resource nationalism and growing competition between the U.S. and...

India stock benchmarks flat on consolidation after October rally

India's equity benchmarks were little changed on Monday with analysts expecting consolidation after strong gains last month, while stock-specific reactions to quarterly earnings supported broader...

LME fines Mizuho 265,000 pounds for rules breach

LONDON -The London Metal Exchange said on Friday it had fined a unit of Japanese financial group Mizuho 265,000 pounds for a breach of rules following an investigation into alleged misconduct. ...

India flips to discount after festivals; premiums rise elsewhere as prices ease

Gold was sold at a discount this week in India for the first time in seven weeks, as demand slowed after key festivals, while premiums ticked higher in other top Asian hubs following a pullback in...