Indices

Shares up, dollar down as investors renew bets on Fed rate cuts

LONDON -Stocks globally recovered some of their recent losses on Wednesday after comments by U.S. Federal Reserve Chair Jerome Powell boosted investor hopes of further rate cuts this year, pressuring...

Rupee climbs the most in four months on firm central bank intervention

MUMBAI -The Indian rupee soared to post its best one-day gain in nearly four months on Wednesday, powered by firm central bank intervention supporting the currency while traders also cited unwinding...

TSX rallies as market plays catch-up with higher metal prices

TORONTO -Canada's main stock index rebounded on Tuesday as the materials sector benefited from recent metal price increases and investors cheered U.S. bank earnings results. The S&P/TSX...

Trade group wants to ban export of scrap aluminum cans to China

WASHINGTON -A trade group representing the aluminum industry called on Tuesday for a ban on U.S. exports of used beverage cans to China to support American production of cars, fighter jets, tanks and...

EU presses US to drop tariffs on metals content

HORSENS, Denmark -The European Commission is pressing the United States to remove tariffs on products made from steel as Brussels seeks to advance parts of the EU-U.S. tariff deal that have yet to...

TSX rebounds after selloff sparked by US-China trade tensions

Canada's main stock index rebounded on Tuesday, following Friday's sharp decline due to renewed U.S.-China tensions that triggered profit-taking across the market. At 10:02 ET ,...

Milan Stock Exchange Falls Amid Wall Street Concerns; Stellantis and Banks Slide

The downward trend continues on Piazza Affari, fueled by the negative performance of U.S. futures and renewed fears of a trade war between the United States and China, which have triggered a risk-off...

South African business confidence edges up in September

JOHANNESBURG -South Africa's business confidence improved in September, driven by robust tourism, higher precious metal prices and increased exports, data showed on Tuesday. The South...

World oil market to see huge glut in 2026, IEA says

LONDON -The world oil market faces an even bigger surplus next year of as much as 4 million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International...

Shell approves $2 billion offshore gas project in Nigeria with Sunlink

Shell has approved the development of an offshore gas project in Nigeria along with its joint venture partner Sunlink Energies, the oil major said on Tuesday, the latest in a series of investments...

Frontier debt risks 'going dark' amid high costs and creative deals

LONDON/WASHINGTON -The need for emerging economies to be more transparent about their debt is one issue uniting wealthy countries and multilateral lenders in a fractious, divided world where the...

UK warns business leaders as 'highly significant' cyber incidents rise 50%

LONDON -British cyber incidents classed as highly significant have risen by 50% over a year ago, the head of the country's National Cyber Security Centre will say on Tuesday.    A series of cyber...

Copper's rally needs China impetus to reach record

LONDON -Copper prices touched $11,000 per metric ton on October 9, a milestone seen on only two other trading days in the history of the London Metal Exchange - and one that has analysts questioning...

Airlines face price-gouging by green jet fuel sellers, IATA says

LONDON/PARIS -Fuel suppliers are using European Union green jet fuel mandates to inflate costs for airlines through surcharges, nearly doubling prices compared with market rates, the head of airlines...

Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

MOSCOW -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be...

Aspen wins approval to market Lilly's Mounjaro for weight loss in South Africa

South Africa's Aspen Pharmacare said on Monday it had secured regulatory approval to market Eli Lilly's blockbuster diabetes and obesity drug, Mounjaro, for chronic weight management in the country. ...

China's September exports to Russia show steepest decline in seven months

BEIJING -China's yuan-denominated exports to Russia in September posted their biggest drop in seven months, accelerating the decline seen in August, Chinese customs data showed on Monday. ...

Tata Capital lists at 1.2% premium to issue price in lacklustre debut for India's largest IPO of 2025

Shares of Tata Capital, India's third-largest non-bank lender by revenue, listed at a premium of 1.2% in their pre-open trading debut on Monday, with the retail market seemingly still not that keen...

China's exports top forecast but fresh US trade spat raises risks to outlook

BEIJING -China's export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant...