Analysis: Indices

Oil flows resume to Hungary, Slovakia via Druzhba pipeline, officials say

Oil is once again flowing to Hungary and Slovakia via the Druzhba pipeline, officials from both countries said late on Tuesday, after a Ukrainian drone strike on an oil pumping station in Russia's...

Pop Mart sees revenue hitting over $4 billion this year, to launch mini Labubus

HONG KONG/SHANGHAI -Pop Mart chief executive Wang Ning said on Wednesday his toy company was on track to meet its targeted revenue goal of 20 billion yuan in 2025, and that 30 billion  this year...

Wall Street tech selloff deepens, European shares steady

MUMBAI/SAN FRANCISCO -Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency...

India, China agree to resume direct flights, boost business links

NEW DELHI -India and China agreed on Tuesday to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash. The Asian...

Japan's Nikkei to ease off record peak as trade honeymoon fades

TOKYO -Japan's Nikkei share average will likely ease off recent record highs toward year-end, according to strategists in a Reuters poll, though much depends on a fragile trade agreement with the...

Brazil's 'soy moratorium' site offline after antitrust ruling setback

SAO PAULO -A website containing information about Brazil's soy moratorium, a private agreement enforced by global grain traders to protect the Amazon rainforest from soy-driven deforestation, was...

S&P 500 seen stalling as AI rally meets tariff jitters

The S&P 500 benchmark U.S. stock index will end 2025 just below current near-record levels, reflecting tempered optimism amid ongoing concerns over the economic impact of President Donald Trump's...

US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts

WASHINGTON -The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other...

Luxury tourism in Africa often fails to benefit locals, new research shows

LONDON -Efforts by some African nations to attract luxury tourism have yielded limited benefits for local communities, with new research by the University of Manchester saying on Tuesday that it...

'SPAC King' Palihapitiya makes a comeback with new blank-check IPO

Chamath Palihapitiya, dubbed Wall Street's SPAC king for his high-profile blank-check deals, is set to take his latest special purpose acquisition vehicle public, marking his return to the market...

India suspends cotton import duty in signal to US, relief for garment industry

NEW DELHI -India has suspended an 11% import duty on cotton until September 30, in a move seen as a signal to Washington that New Delhi is willing to address U.S. concerns on agricultural tariffs,...

S.African iron ore mine faces closure as ArcelorMittal crisis weighs

South Africa's Assmang is weighing the closure of its Beeshoek iron ore mine after failing to secure a contract to supply its sole customer, the ailing steel producer ArcelorMittal South Africa. ...

Facing Trump tariffs, India's shrimp farmers consider switching to other businesses

HYDERABAD, India/GUAYAQUIL, Ecuador -On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States....

Hindustan Zinc to expand into uranium mining if government allows, CEO says

NEW DELHI -Hindustan Zinc, India's top refined zinc producer, will aim to expand into uranium mining if the government opens up the sector to private players, its chief executive Arun Misra told...

Nasdaq tumbles, European shares rise as investors digest Ukraine peace efforts

LONDON/SAN FRANCISCO -Wall Street stocks fell, European equities rose and oil edged down on Tuesday as traders assessed the previous day's White House talks on the war in Ukraine, and looked ahead to...

Oil prices fall on talks to end Russian invasion of Ukraine

HOUSTON -Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia's invasion of Ukraine could ease sanctions on Russian crude oil, boosting global...

Blockchain lender Figure Technology reveals revenue surge in US IPO filing

Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday in its U.S. initial public offering paperwork, the latest crypto-linked firm set...

Exclusive-Egypt agrees to buy at least 200,000 tons of French wheat, state buyer says

CAIRO/DUBAI -Egypt's state grains buyer Future of Egypt has agreed to buy at least 200,000 metric tons of French wheat in recent private deals with exporters, plus several 30,000-ton cargoes of wheat...

Ghana cocoa farmers revolt over prices, threaten mass smuggling

ACCRA -A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest the newly announced producer price for the upcoming season, which...