Indices

Copper output from Chile's Codelco climbs 17% in June

SANTIAGO -Copper production from Chilean state-run miner Codelco ticked up 17% year-over-year in June, data from copper commission Cochilco showed on Monday, climbing to 120,200 metric tons. ...

Nigeria's non-oil exports jump nearly 20% in first half on cocoa, urea demand

ABUJA -Nigeria's non-oil exports rose 19.6% to $3.225 billion in the first half of 2025, its export promotion agency said on Monday, citing global demand for products such as cocoa and urea, as well...

South African coalition party says US trade deal may hinge on race policies

JOHANNESBURG -The second biggest party in South Africa's ruling coalition thinks the 30% tariff Donald Trump imposed on its exports to the U.S. will stay unless the government changes some domestic...

Hartree in talks to buy major cocoa trader Touton, sources say

LONDON/PARIS -Global energy and commodities trader Hartree Partners is in talks to acquire French agro-industrial firm Touton, which trades nearly 10% of the world's cocoa, two sources with direct...

South Africa's June manufacturing output rises 1.9% y/y

JOHANNESBURG -South Africa's manufacturing output rose 1.9% year on year in June, after rising by a revised 0.7% in May, statistics agency data showed on Monday. Factory production was...

Milan Stock Exchange Flat as Markets Await Key Data and Trump-Putin Summit; TIM Outperforms

The week opened with the main indices treading water, a trend reinforced by Tokyo's closure today for a public holiday. In Milan, trading will wrap up a day early this week due to the Ferragosto...

Citigroup, UBS lift S&P 500 year-end targets echoing Wall Street peers

Citigroup and UBS Global Research became the latest Wall Street brokerages to raise their year-end targets for the S&P 500 index, pointing to receding policy risks and resilient corporate...

Chinese Chery's Omoda, Jaecoo brands launch in Iraq with Jameel as distributor

Jameel Motors has signed a deal to distribute automaker Chery's Omoda and Jaecoo brands in Iraq, the two companies said on Monday, joining other Chinese companies that have entered the country's...

Gold falls as markets await inflation data, Trump clarifies no tariffs on gold

Gold prices fell on Monday after President Donald Trump said tariffs will not be placed on imported gold bars, while investors awaited a U.S. inflation report that could provide an indication of the...

Indonesia aims to launch B50 biodiesel in 2026, but unlikely in January

JAKARTA -Indonesia reaffirmed a plan to raise the mandatory palm oil content in its biodiesel to 50% starting from next year, but the programme known as B50 is unlikely to start in January, senior...

Mexico sets minimum export prices for fresh tomatoes

MEXICO CITY -Mexico has set minimum export prices for fresh tomatoes to protect its domestic production and ensure internal supply after a bilateral agreement with the U.S. expired, Mexico's economy...

Chile's Codelco gets approval from labor inspector to restart El Teniente operations

Copper miner Codelco received authorization from Chile's labor inspector office to begin resuming certain operations at its flagship El Teniente copper mine, it said on Saturday, after more than a...

Firefly Aerospace sputters a day after stellar Nasdaq debut

Firefly Aerospace shares fell 11% in morning trading on Friday, in what was perceived as a normal market swing, but the space tech firm's robust debut highlighted renewed investor appetite for...

HSBC raises silver price outlook on gold strength, geopolitical risks

HSBC has lifted its silver price forecasts for 2025, 2026, and 2027, citing strong support from high gold prices and safe-haven demand in the face of geopolitical and economic uncertainty. ...

Switzerland says tariff talks with US continue, gold industry concerned about bullion trade

ZURICH -Switzerland is continuing discussions with the United States about reducing potentially crippling import duties, its government said on Friday, as the country's gold industry warned exports...

Japan's Topix tops 3,000 for first time on tariff clarity; SoftBank soars

TOKYO -Japan's Topix index climbed above the key psychological mark of 3,000 points for the first time on Friday, underpinned by clarity over U.S. tariffs and a run of strong earnings reports. ...

Milan Stock Exchange Rises for Fifth Consecutive Session; Banks and Oil Lead Gains, Unipol Drops

Indices posted a sharp increase at Piazza Affari in another session dominated by quarterly earnings, which continue to drive stock market movements. The Milan Stock Exchange is on track to close out a...

Inflation data to test stocks as some investors brace for rally to pause

NEW YORK -A fresh look at inflation trends will test the U.S. stock market's rally in the coming week, with some investors saying equities are primed for a potential pullback after rocketing to...

South Africa's central bank sees only modest impact from US tariffs

PRETORIA -South Africa's central bank believes U.S. tariffs will only have a modest impact on the country's economic growth while leaving its inflation levels broadly unchanged, its governor said on...