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StanChart profit jumps 26% as CEO Winters' turnaround takes root
HONG KONG/LONDON -Standard Chartered reported on Thursday a higher-than-expected 26% jump in first-half pretax profit, driven by growth in the bank's wealth and markets businesses that benefitted...
Grupo Mexico evaluating US investments after scaled-back copper tariff
MEXICO CITY -Grupo Mexico, a major copper producer, is looking to decide on investments for projects in the United States within the next three to five years, an executive said on a call on...
Trump issues blitz of tariff announcements on copper, Brazil, South Korea, small-value imports
U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened levies on imports of copper, goods from Brazil and South Korea, to ending...
India-US trade talks go off rails on row over farm markets
NEW DELHI -President Donald Trump said on Wednesday the United States would impose a 25% tariff on Indian goods starting August 1, citing New Delhi's high tariffs and strict non-monetary trade...
Emerging market revival hopes run into dollar difficulties
LONDON -Emerging markets are basking in the glow of their surprise rally this year, but major investors warn things may get tougher as countries finally learn their U.S. tariff fates and the dollar...
China's SpaceX rival LandSpace eyes IPO in Shanghai
BEIJING -Chinese rocket developer LandSpace Technology is seeking to list on the Shanghai Stock Exchange's tech-focussed STAR Market, according to a document released by the securities regulator on...
Rand subdued as South Africa scrambles to secure US trade deal
JOHANNESBURG -South Africa's rand was flat in early trade on Wednesday, with mounting pressure on the country to ink a trade pact with the United States before Washington's August 1 deadline. ...
India's Larsen & Toubro jumps as investors cheer earnings beat
Shares of Larsen & Toubro jumped on Wednesday, as investors cheered the Indian infrastructure giant's quarterly results, which topped expectations due to accelerating order growth. ...
Coffee and cocoa could be exempt from tariffs in trade deals, commerce secretary says
NEW YORK -Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs when trade deals with producing countries are reached, U.S....
Morocco's first half trade deficit expands by 18.4%
RABAT -Morocco's annual trade deficit widened by 18.4% to 162 billion dirhams in the first six months of this year, the foreign exchange regulator said on Tuesday. Imports were up 8.9%...
South Africa says US pushback against domestic race policies complicating trade deal
JOHANNESBURG -A top South African diplomat said on Tuesday that U.S. demands on domestic affirmative action policies were complicating efforts to secure a trade deal, days before a 30% tariff on...
IMF slightly raises India's growth forecast to 6.4%
The International Monetary Fund on Tuesday slightly upgraded its 2025 and 2026 economic growth forecasts for India, citing a more favourable global economic situation. The IMF revised...
Mining giant Grupo Mexico reports profit bump as copper costs shrink
MEXICO CITY -Mining and transportation conglomerate Grupo Mexico reported net profit rose 10% in the second quarter, helped by lower mining costs and a good performance from its copper byproducts...
Legal cannabis blooms in Morocco but black market still beckons
BAB BERRED, Morocco -Beneath the blazing summer sun, Abderrahman Talbi surveyed the neat rows of flourishing cannabis blooms in compact fields, reflecting on how his life has changed since he joined...
China's soymeal glut raises demand doubts ahead of US soybean export season
BEIJING/SINGAPORE -China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed...
Orange is open to M&A talks with rival SFR, CEO says after in-line results
Orange is open to consolidation talks with French rival SFR, pending the completion of its debt restructuring, the chief executive of France's biggest telecom provider said on Tuesday. ...
India's GAIL issues swap tender for six LNG cargoes, sources say
SINGAPORE -GAIL Ltd has issued a swap tender, offering six U.S.-loaded liquefied natural gas cargoes in exchange for six deliveries to India, two industry sources said on Tuesday. ...
Chile will ask US to include copper within US-Chile trade deal
Chile expects U.S. copper tariffs to be discussed within broader U.S. trade talks in Washington this week, Finance Minister Mario Marcel said on Monday in an interview with local radio program Duna. ...
Trading Day: Fading trade deal relief?
ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Investors' initial response to the...
Oppenheimer lifts S&P 500 year-end target to Wall Street-high on trade optimism
Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, the highest among major Wall Street brokerages, betting on easing trade tensions and strong corporate...
A Mixed Week Before Earnings
Could this be the end of the good times for America's big banks?
Wall Street Is Getting Picky
PepsiCo's stock market valuation at its lowest, but dividend yield at its highest
Meta Platforms: The Ad Network That Wanted to Run the Checkout
Christine Lagarde has to clarify her future
Gold corrects, should investors prefer miners to the metal?
The Greenback Rides Eurozone Vulnerabilities
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