Indices

South African minister meets USTR Greer for trade talks

JOHANNESBURG -South Africa's Trade Minister Parks Tau met U.S. Trade Representative Jamieson Greer for talks, Tau's office said on Friday, as Africa's biggest economy tries to agree a deal to roll...

Finland's government plans Posti Group IPO

Finland's government said on Friday it planned to list state-owned postal services company Posti Group in an initial public offering on Helsinki's Nasdaq stock exchange. While the...

India benchmarks open flat; Adani stocks climb as SEBI dismisses some Hindenburg allegations

India's equity benchmarks opened little changed on Friday after a recent rally driven by a U.S. rate cut and progress in trade talks, while Adani group stocks surged as the markets regulator dismissed...

India stock benchmarks set for muted start after 3-session rally

India's equity benchmarks are likely to open little changed on Friday, showing signs of easing after three straight days of gains driven by U.S. policy easing and progress in New Delhi's trade talks...

Zijin Gold launches $3.2 billion Hong Kong IPO

Zijin Gold International, a wholly-owned unit of China's mining giant Zijin Mining, is aiming to raise HK$24.98 billion in an initial public offering, the largest of its kind in the city this year,...

Cybersecurity firm Netskope notches $8.8 billion valuation as shares jump in Nasdaq debut

Cybersecurity firm Netskope commanded an $8.79 billion valuation as its shares jumped 21% in their Nasdaq debut on Thursday, adding to a string of successful tech IPOs this year. The...

S.Africa's Transnet agrees port equipment deal with Liebherr

South Africa's logistics company Transnet on Thursday said it has agreed a 10-year partnership deal with German equipment maker Liebherr for the supply of cranes as it seeks to upgrade and modernise...

Diamond selling processes are outdated and hurting producers, trader says

GABORONE -The sale of diamonds through tenders and auctions is opaque and inefficient and should be revamped for producers to earn more and to survive the current price slump, a leading gem trader...

South African central bank holds key rate to assess impact of earlier cuts

South Africa's central bank left its key lending rate at 7% in a tight decision, holding off from easing monetary policy further while it assesses the impact of previous rate cuts. ...

Swiss exports to US drop over a fifth after Trump tariffs

ZURICH -Swiss goods exports to the United States dropped by more than a fifth in August, the month in which President Donald Trump imposed 39% tariffs on the country, official data showed on...

India's upGrad eyes Asia expansion as US campuses lose appeal

BENGALURU -Indian edtech startup upGrad is exploring more university tie-ups in the Middle East and the Asia-Pacific as fewer students are opting to study in the U.S. and the UK due to visa...

Egypt's billboard boom strains eyes but raises profits

CAIRO -With whiplash traffic and obstacles ranging from potholes to donkey carts, Cairo's roads have never been for the faint of heart. But now drivers must contend with another hazard: A...

HK, Abu Dhabi bourse operators seek to deepen capital market ties

Hong Kong Exchanges and Clearing said on Thursday it had entered an agreement with the Abu Dhabi Securities Exchange to deepen collaboration and enhance connectivity between their capital markets. ...

Aumovio Debuts on Frankfurt Stock Exchange at €35 Following Continental Spin-Off

Shares of Aumovio, the automotive supplier spun off from Continental, began trading on the Frankfurt Stock Exchange for the first time on Thursday at a price of €35. This debut gives the company a...

India's Gokaldas eyes EU growth, Africa expansion to counter Trump's tariffs

Indian textile manufacturer Gokaldas Exports plans to boost shipments to the European Union and the United Kingdom, and expand production in Africa, as punitive U.S. tariffs threaten to sap profits,...

Barry Callebaut debt must come down, CEO says

ZURICH -The world's top chocolatier Barry Callebaut must reduce its debt and is working to achieve this, CEO Peter Feld was quoted as saying in an interview published on Thursday. Barry...

DAX Expected to Open Higher Following US Rate Cut

After the US interest rate decision, the DAX is expected to open higher on Thursday, according to calculations by banks and brokerage houses. On Wednesday, the index had gained 0.1 percent to reach...

Foreigners snap up Asian bonds in August after two-month hiatus

Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of U.S. Federal Reserve rate cuts to support a cooling labour market boosted demand for...

Indian shares open higher led by IT after Fed rate cut

Indian shares opened higher on Thursday, led by information technology stocks after the U.S. Federal Reserve cut interest rates by a quarter point in a bid to halt any slide in the labour market in...