Analysis: Indices

US cattle ranchers slowly start to rebuild decimated herd

August 7 -Nebraska cattle rancher Craig Uden bought 200 extra mother cows and their babies over a few weeks in May to expand his herd as dry weather gave way to rain that rejuvenated land used for...

Safe-haven gold touches 2-week peak on trade tensions, rate cut hopes

Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after U.S. President Donald Trump's tariffs went into effect and U.S. jobs data added to rate-cut expectations. ...

Chinese bank lending likely plunged in July as seasonal factors outweigh policy support

BEIJING -New bank loan issuance in China likely plunged in July from June, a Reuters poll showed on Thursday, weighed down by weak credit demand and seasonal factors even as the central bank keeps...

China rare earth exports slid in July after hitting peak in prior month

BEIJING -Rare earth exports from China slumped 23% in July after hitting a record a month earlier, customs data showed on Thursday, although the preliminary data is too incomplete to draw firm...

China's Alibaba to exit India's Eternal via block deal, CNBC-Awaaz reports

China's Alibaba Group is likely to exit India's Eternal in a block deal valued at 53.75 billion rupees , CNBC-Awaaz reported on Wednesday, citing sources. Alibaba's unit Antfin...

Switzerland facing 39% US tariff as president leaves Washington empty-handed

WASHINGTON/ZURICH -Swiss President Karin Keller-Sutter left Washington empty-handed on Wednesday after a hastily arranged trip to avert a crippling 39% tariff on the country's exports to the United...

Thomson Reuters reports higher second-quarter revenue, AI helps drive growth

NEW YORK -Thomson Reuters reported higher revenue for the second quarter, during which it launched new AI features in its tax and accounting and legal divisions. The Toronto-based...

Blowout South Korea stock rally on a knife-edge over tax plans

SINGAPORE -South Korea's tax policies have thrown the outlook for Asia's best-performing major stock market into doubt, with investors assessing the impact of higher corporate tax and trading levies...

Coca-Cola Europacific Partners tempers annual revenue forecast on Indonesia weakness

Coca-Cola Europacific Partners tempered its annual revenue forecast on Wednesday, citing softer demand in Indonesia due to geopolitical tensions in the Middle East and a challenging macroeconomic...

Equities: cyclicals in good shape, defensives struggling

In a year marked by tariffs and geopolitical uncertainties, and with indices starting the year at record highs, defensive stocks had a strong case against cyclicals. However, it is clear that this bet...

Shanghai stocks close at highest since late 2021 on hopes for Sino-US trade deal

SHANGHAI/SINGAPORE -The Shanghai benchmark advanced to its highest close in more than 3-1/2 years on Wednesday, underpinned by market hopes for an extended trade truce between the United States and...

Exclusive-Missed signals, lost deal: How India-US trade talks collapsed

NEW DELHI/WASHINGTON -After five rounds of trade negotiations, Indian officials were so confident of securing a favourable deal with the United States that they even signalled to the media that...

Oil prices slide to 8-week low as US-Russia talks stir sanction uncertainty

NEW YORK -Oil prices slid about 1% to an eight-week low on Wednesday after U.S. President Donald Trump's remarks about progress in talks with Moscow created uncertainty on whether the U.S. would...

Shein and Temu outpace global retail giants in South Africa's fashion market

JOHANNESBURG -China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% share of South Africa's retail, clothing, textile, footwear and leather market, accounting for 7.3...

European Q2 corporate profit outlook improves after U.S. trade deal

The outlook for European corporate health has further improved, the latest earnings forecasts showed on Tuesday, after the European Union struck a framework trade deal with the U.S. a little more...

Leidos raises full-year profit forecast on robust demand for weapons

Defense contractor Leidos Holdings raised its full-year adjusted profit forecast on Tuesday, as demand for its technical services and munitions remains robust amid simmering geopolitical tensions. ...

South Africa's Telkom profit rises on subscriber growth and fibre services

JOHANNESBURG -South Africa's Telkom reported a 6.5% rise in quarterly core profit on Tuesday, helped by subscriber growth and increased use of its next-generation network offerings as it ditched...

India's corporate earnings growth stays weak, banks and IT firms disappoint

India's listed companies posted yet another quarter of lackluster earnings in the April-to-June period, extending a bout of weakness which began last year and weighed on benchmark stock indexes. ...

Japan to lower FY2025 GDP growth estimate due to US tariffs, Nikkei says

TOKYO -Japan's Cabinet Office will lower its fiscal 2025 gross domestic product real growth rate forecast from around 1.2% seen in January after factoring in the impact of U.S. tariff policies, the...