Indices

Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says

MONTREAL -Canada has discussed offering financial support to large aluminum producers like Rio Tinto impacted by a U.S.-led trade war, in the event that Washington's 50% tariff on imports of the...

Rebuilding global coffee stocks may need at least two good crops, experts say

CAMPINAS, Brazil -Rebuilding global coffee stocks may take at least a couple of good crops following successive deficits in the supply-demand balance, coffee industry officials said on Friday during...

Russian government cuts wheat export tax to zero, IFX reports

MOSCOW -Russia, the world's largest wheat exporter, cut the wheat export tax to zero, effective from July 9, the Interfax news agency reported on Friday, citing the Russian agriculture ministry. ...

Global equity funds attract biggest weekly inflows in eight months

Global equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors. ...

EU to cut Ukrainian wheat, sugar imports by 70-80% under new quotas

The European Union will cut imports of Ukrainian wheat and sugar by up to 80% to address the concerns of its farmers, according to quotas announced on Friday, that are likely to drive Ukraine growers...

In reversal, Japan now wants rice farmers to produce more. Will it work?

JOETSU, Japan -For more than half a century, the Japanese government has encouraged its rice farmers to grow less of the crop so that prices of the national staple grain remained relatively high and...

TSX notches weekly gain to extend record-setting run

Canada's main stock index eked out another all-time high on Friday, led by gains for the real estate and consumer staples sectors as long-term borrowing costs fell. The S&P/TSX...

Investors eye tariff deadline as US stocks rally

NEW YORK -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline...

India to woo foreign copper miners, expand ties, gov't document shows

HYDERABAD -India on Friday unveiled a series of steps to increase copper output, including encouraging foreign firms to set up smelters and refineries in the country in exchange for state-owned firms...

Milan Stock Exchange Down as Wall Street Closure Spurs Profit-Taking; Luxury and Banks Slide

Indices at Piazza Affari ended the final session of the week in negative territory, lacking guidance from Wall Street, which remains closed for Independence Day. The absence of the U.S. market has...

European shares fall as banks, mining stocks losses weigh

European shares ended lower on Friday as losses in banks and mining-related stocks weighed, with focus now shifting to the July 9 deadline for trading partners to reach a deal with the United States....

IBEX Takes Profits as Markets Await Trump Tariff Decision

The IBEX 35 edged lower on Friday after gains in the previous session, but remained on track for a second consecutive week of advances, as investors braced for potential tariff decisions from U.S....

Foreign investors buy Indian shares for 3rd straight month in June; financials top picks

Foreign portfolio investors continued buying Indian equities for the third straight month in June, with financials and oil and gas stocks emerging as their top picks, depository data showed on...

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...