Indices

Canada-US sectoral deals likely to persist even if USMCA is revised, Carney says

OTTAWA -The specific deals that Canada is negotiating with the U.S. in key sectors such as steel, aluminum and autos are likely to persist even if the United States-Canada-Mexico trade deal is...

Milan Stock Exchange Turns Negative Amid Banking Declines and Geopolitical Tensions Weighing on Defense, Energy Sectors

Piazza Affari wiped out its early gains, with the Milan Stock Exchange slipping into negative territory in midday trading, mirroring a subdued mood across European markets ahead of an anticipated...

Global equity fund inflows ease on caution over political risks, U.S. shutdown

Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government...

EU pledges 11.5 billion euros of investment in South Africa

JOHANNESBURG -The European Union has pledged to invest 11.5 billion euros in South Africa in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday. A large...

Trump tariff threat pushes oil to five-month low

HOUSTON -Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand...

Malaysia's Petronas to pay $4.7 billion govt dividend in 2026, lowest in nine years

KUALA LUMPUR -The Malaysian government is expecting a dividend payout of 20 billion ringgit from state owned energy firm Petroliam Nasional Bhd next year, the lowest in nine years, according to a...

Festive buying props up demand in India; China muted in post-holiday trade

Physical gold demand in India held firm this week despite a record-breaking price rally, as jewellers and investors snapped up bullion ahead of key festivals later this month, while buying in China...

South Africa is on track to meet key fiscal targets, Treasury says

JOHANNESBURG -South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the size of its primary budget surplus, the head of the National...

South Africa is on track to meet two main fiscal targets this year, Treasury head says

JOHANNESBURG -South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the size of its primary budget surplus, the head of the National...

India stock benchmarks log best week in 3 months; foreign investors turn buyers

India's equity benchmarks logged their biggest weekly gains in more than three months, driven by IT and bank stocks as buoyant sentiment ahead of the earnings season drew in foreign investors. ...

India stock benchmarks open higher led by financials

India's equity benchmarks opened higher on Friday, led by financials, while information technology stocks posted modest gains after Tata Consultancy Services beat quarterly revenue estimates. ...

Hong Kongers rush to sell family jewels as gold glitters

HONG KONG -Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of money as they scrambled to cash in on a record...

Japan's food self-sufficiency stuck at 38% in FY24/25, below 2030 goal

TOKYO -Japan's food self-sufficiency ratio remained at 38% in the 2024/25 fiscal year ended March 31, unchanged from a year earlier and below the government's 2030 target of 45%, the agriculture...

Chocolate prices set to remain high this Halloween in the US, report says

NEW YORK -U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday...

TSX retreats as materials and tech lead decline

Canada's main stock index fell on Thursday, with metal miners and technology stocks surrendering recent gains, as investor focus turned towards Friday's crucial domestic employment report for...

Johannesburg Stock Exchange CEO Fourie to retire, successor named

JOHANNESBURG -Johannesburg Stock Exchange CEO Leila Fourie is to retire early next year after nearly 6-1/2 years at the helm and will be succeeded by the head of the bourse's capital markets, Valdene...

Eni seeks approval for Sicily biorefinery, recycling plant

MILAN -Eni has started the environmental approval process to transform its industrial site in Priolo, Sicily, into a biorefinery and a chemical recycling plant for plastics, the Italian energy group...

South Africa draws global interest for $500 million funding initiative

JOHANNESBURG -South Africa's National Treasury has attracted over 100 global proposals for its $500 million foreign currency financing initiative as it seeks to diversify its funding sources. ...

Congo to start building gold reserves as price surges, central bank governor says

NAIROBI -The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to...