Indices

World's first yen-pegged stablecoin debuts in Japan

TOKYO -The world's first stablecoin pegged to the yen launched in Japan on Monday, a small but significant move in a country where many consumers still prefer to use traditional payment means like...

Japan's Nikkei tops 50,000 mark for first time on stimulus euphoria

TOKYO -Japan's Nikkei share average closed above the 50,000 level for the first time on Monday, continuing a run of successive records on expectations of sizeable spending from the nation's new...

Rand strengthens after South Africa removed from 'grey list'

JOHANNESBURG -The South African rand strengthened on Friday after a global financial crime watchdog removed the country from its list of countries subject to increased monitoring. At...

South Africa, Nigeria exit global financial crime watch list

JOHANNESBURG -Sub-Saharan Africa's largest economies, South Africa and Nigeria, have been removed from a global watchdog's list of countries subject to increased monitoring for illicit money flows. ...

Angola bids for majority stake in De Beers, source says

LONDON -Angola has bid for a majority stake in Anglo American unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana which...

London shares pause after recent gains, focus shifts to US data

London stocks were little changed on Friday as investors exercised caution ahead of a pivotal U.S. inflation report, while the main indexes were on track for weekly gains aided by signs of cooling...

Milan Stock Exchange Erases Gains in Line with Europe; Banks Retreat, Ferragamo and Eni Surge After Earnings

Piazza Affari erased its early gains, dipping just below parity in step with other European markets, as investors took some profits ahead of the weekend after indices hit fresh highs earlier in the...

Why are corn and soybeans at the heart of India-U.S. trade talks?

NEW DELHI -U.S. President Donald Trump said this week he spoke with Indian Prime Minister Narendra Modi mainly about trade, and that Modi had assured him India would limit its oil purchases from...

Japan, US to ink tech MOU during Trump's Tokyo visit, Nikkei says

TOKYO -Japan and the U.S. are set to sign an agreement to cooperate on advanced technologies, including AI and nuclear fusion, during President Donald Trump's Japan visit next week, the Nikkei...

Milan Stock Exchange Opens Higher, Ferragamo Soars After Earnings, Eni Performs Well

Piazza Affari began the session with a moderate rise, in line with other European stock markets, as investors focused on the quarterly earnings season. Around 9:20 a.m., the Ftse Mib index was up...

South African rand holds steady as investors await FATF verdict

JOHANNESBURG -The rand held steady in early trade on Friday as South Africa awaited the outcome of its Financial Action Task Force review, with markets largely pricing in that it will be removed from...

India demand cools after festive rush; price fall propels buying elsewhere

Physical gold demand in India ticked lower this week as buyers held back purchases, anticipating a deeper price correction, while a pullback in rates sparked buying interest in China and Singapore. ...

India's stock benchmarks open higher on earnings, trade optimism

India's stock benchmarks opened marginally higher on Friday, as hopes of global trade tensions lowering and a potential rebound in domestic corporate earnings aided sentiment. The Nifty...

Stocks climb, US benchmark Treasury yields briefly fall after US inflation data

NEW YORK/PARIS -Major stock indexes rose, with U.S. stocks hitting record highs, and benchmark U.S. Treasury yields briefly fell on Friday as data showed U.S. inflation rose less than expected last...

OPEC ready to raise oil output if required after US sanctions on Russia, Kuwaiti minister says

KUWAIT -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil majors,...

Freeport-McMoRan profit beats as higher copper prices offset Grasberg troubles

Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, as higher copper prices offset lower production after the company suspended operations at its flagship Grasberg mine...

Moisture conditions are optimal across most of Ukraine, forecasters say

Moisture reserves under winter crops in most of Ukraine were optimal or substantial, and only the eastern and north-eastern regions are experiencing a moisture shortage, state weather forecasters said...

World Diamond Council head says lab-grown gems losing their sparkle

LUANDA -Lab-grown diamonds are losing their appeal due to oversupply and consumer preferences are starting to shift back to natural stones, World Diamond Council President Feriel Zerouki has said. ...

Gold gains as geopolitical risks, trade tensions burnish appeal

Gold prices rose on Thursday, as U.S. sanctions against Russia and possible new export controls on China added to geopolitical risks, buoying demand for safe-haven assets. Spot gold was...