Analysis: Indices

Kyrgyzstan begins mining gold at Kumtor deposit after nationalisation

BISHKEK -Kyrgyzstan on Wednesday began underground gold mining at Kumtor, one of the largest deposits in Central Asia, which the government said could hold as many as 147 metric tons of gold...

Macron, referring to French market slump, says France is solid -spokesperson

PARIS -French President Emmanuel Macron, referring to a slump this week in the French stock and bond markets ahead of a looming government confidence vote, told members his cabinet that France was...

China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

SINGAPORE/HONG KONG -The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust with assets potentially valued...

What does doubling of Trump's tariffs mean for India?

NEW DELHI -U.S. President Donald Trump's additional 25% tariff on Indian imports took effect on Wednesday, raising duties on some shipments to as much as 50% - among the highest imposed by Washington...

Chinese stocks at decade high lure hesitant retail investors

SHANGHAI -Chinese stocks are at decade highs after a rally powered by support from state-backed institutions and bigger investors, with retail money slowly making their way back into shares providing...

Chinese savers are a booming stock market's next catalyst

SHANGHAI/HONG KONG -China's stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the...

China seeks closer trade ties with Saudi Arabia as Gulf trade deal stalls

BEIJING -China's commerce minister urged closer ties in new energy and capital markets in talks with Saudi Arabia's visiting investment minister, the commerce ministry said on Wednesday, as Beijing...

Vietnam to make switch to ethanol-blended fuel in move to boost U.S. imports

HANOI -Vietnam is planning to switch completely to ethanol-blended gasoline from next year, opening up the possibility for the Southeast Asian country to import more ethanol and corn from the United...

China stocks on course for best hedge fund inflows in 6 months, Morgan Stanley says

HONG KONG -Global hedge funds ramped up their bets on China shares, with August on track to mark the biggest monthly buying since February, a Morgan Stanley note shows. Hedge fund...

Oil edges up on US crude stocks drop, impact of US tariffs on India

HOUSTON -Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as investors weighed the potential impact from new U.S. tariffs on...

Nasdaq short interest rose 2.02% in mid August from late July

NEW YORK -Short interest on the Nasdaq rose 2.02% in mid-August, the exchange said on Tuesday. As of August 15, short interest rose to about 16.93 billion shares from 16.59 billion...

Brazil's beef tallow demand seen rising as exports hit by US tariffs

SAO PAULO -The use of beef tallow for biodiesel production in Brazil is expected to rise amid a forecast increase in domestic sales aimed at boosting output of the biofuel, industry sources said,...

Chinese trade negotiator to head to US for talks, may meet deputy-level officials

WASHINGTON/BEIJING -Senior Chinese trade negotiator Li Chenggang is expected to travel to Washington this week to meet U.S. officials, a United States government spokesperson said, with the two...

China's net gold imports via Hong Kong more than doubled in July

China's net gold imports via Hong Kong rose 126.81% in July from June, Hong Kong Census and Statistics Department data showed on Tuesday. WHY IT'S IMPORTANT As the world's...

India explores using costly gas-fired power to meet peak demand

NEW DELHI -India is exploring the idea of using gas-fired power plants only to meet the surge of electricity demand during the peak summer months of May and June due to higher costs, an adviser to...

Saudi Arabia and India were biggest buyers of Russian fuel oil in July, data shows

MOSCOW -Saudi Arabia and India were the top destinations for Russian seaborne fuel oil and vacuum gasoil exports in July, traders said and LSEG data shows. Since the European Union's...

Indonesia says US agrees tariff exemption for its palm oil, cocoa and rubber

JAKARTA -The United States has agreed in principle to exempt Indonesian exports of cocoa, palm oil and rubber from the 19% tariff imposed by President Donald Trump since August 7, Indonesia's top...

Malaysia's commodities ministry seeks tax exemption for palm oil raw materials

KUALA LUMPUR -Malaysia's commodities ministry is seeking to exempt crude palm kernel oil and palm kernel olein oil from the country's sales and services tax , it said on Tuesday. The...

Thailand aims to meet this year's rice export target by focusing on strong markets, official says

BANGKOK -Thailand is hoping to meet its rice export target of 7.5 million metric tons this year by seeking more deals in markets where demand is strong, commerce ministry official said on Tuesday. ...