Indices

Global stocks edge up with dollar, bond yields as Fed rate cuts loom 

MSCI's global equities index edged higher on Friday, after registering a record close in the prior session, while U.S. Treasury yields rebounded after sliding the day before when expectations climbed...

India poised to export sugar in new season due to ample stocks

NEW DELHI -India, the world's second biggest sugar producer, will have sufficient surplus stocks of the commodity to allow exports in the season beginning October 1, a senior government official said...

Petronas delivers first local sustainable aviation fuel to Malaysia Airlines

KUALA LUMPUR -Malaysia's state energy firm Petroliam Nasional Berhad, or Petronas, said on Friday it had delivered the country's first locally-blended sustainable aviation fuel for Malaysia Aviation...

Blackstone-backed Legence raises $728 million in US IPO

Engineering and maintenance services provider Legence raised $728 million in its U.S. initial public offering on Thursday, adding its name to the string of companies looking to go public amid...

Canada names gas plant, port, mines as major projects to be sped up

OTTAWA -Canada named five major projects on Thursday it said would be eligible for fast-track approvals as part of a campaign to diversify the economy and reduce reliance on the United States as...

Blockchain lender Figure valued at $7.6 billion as shares jump in Nasdaq debut

Figure Technology was valued at $7.62 billion after its shares jumped 44% in their Nasdaq debut on Thursday, adding to a run of strong first-day performances by crypto-linked firms as the...

French economy to grow 0.8% in 2025 as key sectors rebound, INSEE says

PARIS -France's economy will grow marginally faster than previously expected this year as rebounds in the aeronautics industry, tourism, real estate and agriculture offset weak consumer spending and...

Instant View: US consumer prices rise more than expected, but a rate cut still coming

U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the...

Namibia to boost sulphuric acid production as critical mineral output rises

WINDHOEK -Namibia is set to increase its sulphuric acid production in response to rising critical mineral output, with Green Metals Refining and Vedanta announcing plans on Thursday to set up and...

OPEC sticks to oil demand forecasts, says economy doing well

LONDON -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the...

Swiss add lustre to Trump trade deal with gold refining plan, sources say

ZURICH -Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing capacity there as part of a plan to reduce U.S. trade tariffs, according to...

E20 fuel safe but curbs vehicle performance, Mahindra executive says

Fuel blended with 20% ethanol is safe to use, an executive at Indian SUV maker Mahindra & Mahindra said on Thursday as the country rolls out E20 in a clean energy drive, but he added that vehicles...

Digital bank NOBA plans Sweden IPO valuing firm at $3.7 billion

Digital banking group NOBA has announced plans to list on the Nasdaq Stockholm exchange sometime in the third quarter of this year in a deal expected to value the company at around 35 billion Swedish...

Third cargo from Russia's sanctioned Arctic LNG 2 discharges and departs China

BEIJING -A third tanker from Russia's Arctic LNG 2 plant, which is under Western sanctions, discharged its cargo and exited a terminal in China on Wednesday, LSEG and Kpler's ship-tracking data...

China cannot be ignored, Britain's trade minister says, as row over embassies clouds ties

Britain's new business minister Peter Kyle, visiting Beijing for the first trade talks since 2018, said China's economic might made it unignorable but that better commercial ties hinged on moving past...

South Africa's current account deficit widens to 1.1% of GDP in second quarter

JOHANNESBURG -South Africa's current account deficit widened to 1.1% of gross domestic product in the second quarter of 2025, from a revised 0.6% deficit in the first quarter, central bank data...

South African insurer Discovery posts 30% rise in annual profit

JOHANNESBURG -South African health insurer Discovery Ltd reported a 30% increase in full-year profit on Thursday, as it achieved strong growth across its operations. Its normalised...

Oil prices slide 2% on worries about global oversupply, US demand

Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war...

LB Pharmaceuticals raises $285 million in US IPO

LB Pharmaceuticals raised $285 million in its U.S. initial public offering, the biotech firm said on Wednesday, marking the first sizable biotech IPO since February. The New York-based...