Analysis: Indices

Major US exchanges to remain open on Dec 24 and Dec 26

Major U.S. stock exchanges said ?on ?Thursday they will remain open as scheduled on December 24 and December 26, hours after President Donald Trump ordered the ?federal government to be closed on...

The pain points and bright spots in a patchy US inflation report

The long-delayed Consumer Price Index report for November offered some early holiday cheer for a Trump administration feeling the heat from Americans over high and climbing prices. ...

Kuwait to sign $4 billion Mubarak Al-Kabeer port contract with China's CCCC next week

Kuwait will sign a contract next week with China Communications Construction Company to complete the Mubarak Al-Kabeer Port project, Public Works Minister Noura Al-Mashaan said on Thursday. ...

TSX rises after US inflation data supports rate cut bets

Canada's main stock index opened higher on Thursday after a softer-than-expected U.S. inflation print strengthened market expectations for interest rate cuts by the Federal Reserve. At...

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped.  The loonie was trading 0.1% higher at C$1.3776 to the greenback,...

US annual consumer inflation slows in November, but report distorted by missing data

U.S. consumer prices rose less than expected in the year to November, but households still faced affordability challenges as the costs of basic goods and services like beef and electricity soared,...

Woodside's next CEO must steer costly LNG projects through glut risk

Woodside Energy faces a leadership shake-up after chief executive Meg O'Neill's surprise exit for the top job at BP, ?a ?move that comes as the Australian firm is striving to deliver key projects in a...

France not ready to sign Mercosur deal, Macron reaffirms

France is not ready to sign a EU trade deal with the Mercosur group of Latin American countries, French President Emmanuel Macron reiterated ahead of a EU summit in Brussels on Thursday, adding more...

India's AM Green and Japan's Mitsui explore potential investment, offtake for green aluminium

India's AM Green and Japan's Mitsui & Co have signed a non-binding agreement to explore a potential investment in the former's green aluminium business, the companies said on Thursday. ...

Indian shares close lower after struggling for direction; IT gains cap losses

Indian equity benchmarks struggled for direction on Thursday before closing lower for a fourth straight session, as lack of fresh triggers kept investors cautious, while gains in information...

Oil prices settle slightly higher as market assesses mounting supply risks

Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further U.S. sanctions against Russia and the supply risks posed by a blockade of Venezuelan oil tankers. ...

US agency, consortium sign $553 million loan for Angola railway revamp

The U.S. International Development Finance Corporation signed a $553 million loan with a consortium of firms on Wednesday for the refurbishment of an Angolan railway line - part of the Lobito critical...

EU reaches initial agreement on tighter EU-Mercosur safeguards

The European Union struck a provisional deal on Wednesday to set tighter controls on imports of farm products resulting from a planned trade agreement with South American bloc Mercosur, potentially...

Nigeria's Tinubu nominates new oil regulators after chiefs resign amid Dangote dispute

Nigerian President Bola Tinubu has asked the Senate to confirm two new heads for Nigeria's oil and gas regulators after their predecessors abruptly quit, amid a high stakes clash between one agency...

EU carbon tax changes for metals are not enough, industry says

Proposed changes to the European Union's carbon border adjustment mechanism are a step in the right direction for Europe's steel and aluminium sectors but not a complete solution, industry...

Nigeria's Tinubu seeks $30 billion budget reset to end overlapping fiscal years

Nigeria's President Bola Ahmed Tinubu has asked parliament to approve a 43.56 trillion naira spending plan that repeals and re-enacts the 2024 budget to run through December 2025, aiming to end...

TSX opens higher led by tech, commodity shares

Canada's main stock index opened higher on Wednesday, boosted by gains in technology and commodity shares. At 9:31 a.m. ET, Toronto's S&P/TSX composite index was up 0.6% at 31,450.49...

US confirms tariff elements of trade deal with Switzerland

The U.S. Trade Representative on Wednesday announced the implementation of tariff-related elements in a trade agreement framework reached with Switzerland and Liechtenstein in November. ...

WTO chair rules out reform deal at next major meeting, document shows

Countries are making progress on reforming the World Trade Organization but will fall short of clinching a deal at a major meeting early next year, the ambassador leading the talks said in a...