Santander to announce $2 bln investment in Mexico, Sheinbaum says

Santander to announce $2 bln investment in Mexico, Sheinbaum says

Mexican president Claudia Sheinbaum on Tuesday said that Banco Santander's unit in Mexico will announce various investments amounting to $2 billion in the country. Sheinbaum made the...
19 February 2025 at 01:36 am AEDT
Indian industry body calls for broken rice exports as stocks surge

Indian industry body calls for broken rice exports as stocks surge

India needs to allow the export of 100% broken rice after inventories of the grain reached a record high at the start of February, nearly nine times the government's target, exporters told Reuters. ...
18 February 2025 at 09:19 pm AEDT
South Africa's unemployment rate falls slightly to 31.9% in fourth quarter

South Africa's unemployment rate falls slightly to 31.9% in fourth quarter

South Africa's official unemployment rate fell to 31.9% in the final quarter of 2024 from 32.1% in the third quarter, data from the statistics agency showed on Tuesday. Statistics South...
18 February 2025 at 08:32 pm AEDT
Indian exports face uncertainty over Trump's reciprocal tariffs

Indian exports face uncertainty over Trump's reciprocal tariffs

U.S. President Donald Trump's threat to impose reciprocal tariffs from early April is feeding anxiety in India's export sectors from autos to agriculture, with Citi Research analysts estimating...
18 February 2025 at 07:55 pm AEDT
The IBEX 35 clings to 13,000 points while waiting for the outcome of the US-Russia summit.

The IBEX 35 clings to 13,000 points while waiting for the outcome of the US-Russia summit.

The IBEX 35 stock index showed a slight rebound on Tuesday, cautiously extending the upward streak that allowed it to return to the 13,000 point level the day before, a level it had not reached since...
18 February 2025 at 07:35 pm AEDT
Nigerian cocoa processor Johnvents receives investment from Britain to expand

Nigerian cocoa processor Johnvents receives investment from Britain to expand

Johnvents, a Nigerian agribusiness and manufacturing firm, has gained $40.5 million from the UK's development finance institution to more than double its cocoa processing capacity to 30,000 metric...
18 February 2025 at 07:27 pm AEDT
Gold gains as US tariff uncertainty upholds safe-haven demand

Gold gains as US tariff uncertainty upholds safe-haven demand

Gold prices extended their gains on Tuesday, as uncertainty over U.S. President Donald Trump's tariff plans continued to dominate market sentiment, driving safe-haven demand amid fears of a potential...
18 February 2025 at 06:30 pm AEDT
Thailand says to sign deal to sell South Africa 300,000 tons of rice

Thailand says to sign deal to sell South Africa 300,000 tons of rice

Thailand will sign a deal next month to sell South Africa 300,000 metric tons of rice worth 5.25 billion baht , the commerce minister said on Tuesday. Thailand is also negotiating to...
18 February 2025 at 05:58 pm AEDT
India's benchmark indexes set to open little changed

India's benchmark indexes set to open little changed

India's benchmark indexes are set to open flat on Tuesday as a muted earnings season and sustained foreign selling weighed on investor sentiment. The GIFT Nifty futures were trading at...
18 February 2025 at 01:49 pm AEDT
RBA poised, China tech booms, Japan GDP sizzles

RBA poised, China tech booms, Japan GDP sizzles

A look at the day ahead in Asian markets.  There's no shortage of market-moving news in Asia on Tuesday, with an Australian interest rate decision, China's tech boom and sizzling...
18 February 2025 at 08:51 am AEDT
The 13,000-point barrier challenges the IBEX 35 in a context of global uncertainty.

The 13,000-point barrier challenges the IBEX 35 in a context of global uncertainty.

After eight weeks on the rise, the IBEX 35 stock index was stuck on Monday at 13,000 points, a level it has not known since June 2008, with the markets awaiting the possibility of an agreement to put...
17 February 2025 at 07:50 pm AEDT
China to strengthen support for metals vital to EVs and energy storage

China to strengthen support for metals vital to EVs and energy storage

China will strengthen support for exploring domestic mineral resources including lithium, cobalt and nickel, its industry ministry said on Monday. The world's largest consumer of the...
17 February 2025 at 07:26 pm AEDT
Petra Diamonds appoints two CEOs as it battles widening losses

Petra Diamonds appoints two CEOs as it battles widening losses

Petra Diamonds on Monday said it has appointed joint CEOs to replace Richard Duffy, who has resigned by mutual agreement and with immediate effect amid a wider loss of $69 million for the half-year...
17 February 2025 at 07:18 pm AEDT
South African rand stable as markets await budget speech

South African rand stable as markets await budget speech

South Africa's rand was little changed early on Monday as investors await Finance Minister Enoch Godongwana's budget speech later this week, which will provide insights into Africa's most...
17 February 2025 at 05:59 pm AEDT
Goldman Sachs raises China stock market target on AI boost

Goldman Sachs raises China stock market target on AI boost

Goldman Sachs raised its target price for Chinese stocks on Monday, estimating that AI adoption could boost earnings growth and potentially bring in $200 billion of inflows. Chinese...
17 February 2025 at 12:51 pm AEDT