Analysis: Indices

Morocco targets $10 billion AI contribution to GDP by 2030

Morocco is targeting a 100 billion dirhams boost to its gross domestic product from artificial intelligence by 2030, the minister in charge of digital transition said on Monday, as the country steps...

Pakistan and Indonesia closing in on jets and drones defence deal, sources say

Indonesia's defence minister met Pakistan's air force chief in Islamabad to discuss a potential deal that includes the sale of combat jets and killer drones to Jakarta, three security officials with...

TSX hits another record high as Fed uncertainty boosts gold

Canada's main stock index rose to another record high on Monday as a jump in gold prices, driven by increased uncertainty about the independence of the U.S. Federal Reserve, boosted metal mining...

China's 2025 record export surge expected to slow in December - Reuters poll

China's record run of exports, driven by diversification in shipment destinations, is expected to have slowed in the final month of 2025, and the outlook for the coming year depends on manufacturers'...

Malaysia's Petronas seeks court clarity on Sarawak operations in gas licensing dispute

Malaysia's state energy company Petroliam Nasional Berhad said on Monday it has filed a motion at the country's top court seeking clarity on the legal and regulatory framework governing its operations...

Dollar falls sharply vs euro and Swiss franc following Powell indictment threat

The dollar on Monday fell sharply against the euro and the Swiss franc while edging lower versus the Japanese yen after the Trump administration threatened Federal Reserve Chair Jerome Powell with a...

HSBC launches UAE asset management business to tap into wealth influx 

HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on Monday, as the bank deepens its investment in the region and taps into an influx of wealth into the...

Indian shares stage intraday rebound on optimism over trade deal progress

Indian shares reversed early losses on Monday as concerns over trade talks with the U.S. eased after the new Washington ambassador to New Delhi said the two countries will discuss trade issues on...

Qatar and UAE to join U.S.-led effort to bolster technology supply chain

Qatar and the United Arab Emirates will soon join a U.S.-led initiative to secure AI and semiconductor supply chains, Undersecretary of State for Economic Affairs Jacob Helberg told Reuters in an...

Egypt signs renewable energy deals worth $1.8 billion

Egypt has signed renewable energy deals worth a combined $1.8 billion, state TV reported on Sunday. Among the deals were contracts with Norwegian renewable energy developer Scatec and...

Ethiopia begins $12.5 billion construction of 'Africa's biggest airport'

Ethiopian Airlines on Saturday officially started a $12.5 billion construction project for what officials say will be Africa's biggest airport when completed in 2030 in the Ethiopian town of...

India's 2025 rice exports surge to near record as curbs lifted

India's rice exports jumped 19.4% last year to the second-highest on record after New Delhi lifted all export curbs, making shipments more competitive, government and industry officials told Reuters...

US Commerce Department drops plan to impose restrictions on Chinese-made drones

The U.S. Commerce Department said on Friday it has withdrawn a plan to impose restrictions on Chinese drones to address national security concerns after an earlier crackdown on passenger cars and...

TSX opens higher as investors weigh jobs data, await US court ruling on tariffs

Canada's main stock index opened higher on Friday as investors assessed key jobs data, while markets awaited a U.S. Supreme Court decision on the legality of President Donald Trump's tariffs.  ...

Pakistan nears $1.5 billion deal to supply weapons, jets to Sudan, sources say

Pakistan is in the final phases of striking a $1.5-billion deal to supply weapons and jets to Sudan, a former top air force official and three sources said, promising a major boost for Sudan's army,...

Philippines cenbank sees inflation rising toward target, rate cut cycle near end

The Philippines' central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end to its easing cycle soon,...

World food prices dip in December but still up in 2025, UN's FAO says

World food prices declined for a fourth consecutive month in December, mostly pressured by dairy, meat and vegetable oil prices, marking the lowest average since January 2025, the United Nations' Food...

EU states back record South America trade deal after 25 years

STORY: EU states gave a provisional go-ahead on Friday for the bloc to sign its largest ever free trade accord with South American group Mercosur. Although it came amid protests in some...

Elevated prices strain retail demand in India; China gold premiums widen

Elevated prices further restricted physical gold buying in India this week, while dealers in China hiked premiums over international rates as retail interest renewed after the holiday period. ...