Analysis: Indices

Indian benchmarks log weekly losses on caution over trade deal, Jane Street ban

Indian benchmarks edged up on Friday, lifted by IT stocks after upbeat U.S. jobs data eased economic concerns and a late rebound in financials, but posted losses for the week as investors remained...

Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say

BRASILIA -The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank to lower financing costs and boost investment, two people familiar with the...

Platinum prices have limited upside after June's stellar rally

LONDON -Platinum prices have limited room to rise further after a record quarterly rally, analysts and traders said, with Chinese imports expected to soften and South African output to recover...

IMF to combine reviews of Egypt's $8 billion loan program

WASHINGTON -The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support program this fall to give authorities more time to meet...

Germany's Merz urges quick US tariff deal with deadline days away

BERLIN -German Chancellor Friedrich Merz urged the European Union on Thursday to settle a tariff dispute with the United States as quickly as possible to protect core industries such as cars, steel...

Why are farm goods holding up the India-U.S. trade deal?

MUMBAI -U.S. and India trade negotiators were pushing on Wednesday to finalise a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy...

South African miners say proposed chrome export tax threatens jobs

South Africa's proposed chrome ore export tax will hurt miners' profitability and lead to job losses across the sector, the country's Minerals Council has said. Africa's most advanced...

European shares advance as markets take US jobs data in stride

European shares closed higher on Thursday as investors took in stride a stronger-than-expected U.S. jobs report, with bank stocks leading gains as focus remained on a potential trade deal between the...

South African private sector treads water in June, confidence slips, PMI shows

JOHANNESBURG -South African private sector activity held steady in June, while business confidence slipped to its lowest level in nearly four years, a survey showed on Thursday. The S&P...

IMF says it remains engaged with Senegal, Sonko promises 'recovery plan'

LONDON/DAKAR -The International Monetary Fund said it remained engaged with Senegal as the West African country's prime minister promised a recovery plan to clean up billions in debts that were not...

Oil futures, options trade at record levels in Q2 as investors navigate volatility

HOUSTON -Total oil futures and options lots traded on the Intercontinental Exchange hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical...

Glencore announces $1 billion share buyback

Glencore said on Wednesday it will buy back shares worth $1 billion starting next week following the merger of global agribusiness Bunge Global with its grain handler Viterra. The...

Canada factory PMI falls in June as firms slash production

TORONTO -The downturn in Canada's manufacturing sector deepened in June as U.S. tariffs undercut demand, spurring the sharpest cut to output in five years, data on Wednesday showed. The...

Israelis hope for potential economic 'peace dividend' after war with Iran

JERUSALEM -Israel's 12-day war with Iran last month has dented its economy but investors and Israelis are hopeful that a U.S.-brokered halt to hostilities could bring an economic peace dividend with...

EU to compensate exporting industries for carbon levy

BRUSSELS -European industries that sell their goods abroad will receive compensation for the CO2 emissions costs they pay in Europe, the European Commission said on Wednesday, in a bid to avoid firms...

Mexico peso set to slip after expiry of US tariff hike freeze

BUENOS AIRES -The rallying Mexican peso is set to slip in the coming months after a temporary freeze on U.S. tariff hikes against other countries expires next week, a Reuters poll showed. ...

TSX ekes out new record high on Fed rate cut optimism

Canada's main stock index edged up to a new record high on Wednesday, helped by gains for resource and consumer discretionary shares, as investors continued to look past global economic uncertainty...

South African inflation expectations drop sharply in quarterly survey

JOHANNESBURG -South African analysts, business people and trade unions lowered their inflation expectations in the latest survey published on Wednesday, which could embolden the central bank to keep...

BHP inks charter contracts with COSCO for ammonia dual-fuelled vessels

SINGAPORE -Australia's BHP Group has signed contracts with China's COSCO Shipping for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers, the mining giant said on Wednesday. ...