Indices

Markets oddly serene

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets  Despite the edgy political and policy backdrop, world markets seem to be...

India-US interim trade deal prospects dim ahead of tariff deadline, sources say

NEW DELHI -The prospects of an interim trade deal between India and the United States before Washington's August 1 deadline have dimmed, as talks remain deadlocked over tariff cuts on key...

IBEX 35 Opens Flat Amid Tariff Fears

The Spanish stock index IBEX 35 began Tuesday's session with little movement, hovering just above the 14,000-point mark, as markets remained jittery over the ongoing trade war between the United...

Norway's overall oil, gas output beats forecast in June

OSLO -Norway's combined oil and gas production exceeded an official forecast by 2.3% in June, the Norwegian Offshore Directorate said on Tuesday. Norway is Europe's largest supplier of...

Aluminium producer Norsk Hydro trims 2025 spending amid global trade risks

Norwegian aluminium producer Norsk Hydro cut its 2025 capital spending guidance by 1.5 billion crowns and froze external white-collar hiring on Tuesday, as input costs are volatile and demand...

Philippines set for first coal power decline in 17 years amid rising LNG use

SINGAPORE -The Philippines is on track for an annual decline in coal-fired electricity output for the first time in nearly two decades, an analysis of market and government data showed, driven by...

BHP exits $942 million Tanzania nickel project, partner Lifezone says

BHP Group has opted to sell its interest in the $942 million Kabanga nickel project in Tanzania to its partner Lifezone Metals for as much as $83 million, Lifezone said. The NYSE-listed...

Nigeria's Q1 GDP growth at 3.13% y/y - stats office

ABUJA -Nigeria's economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, following the rebasing of its gross domestic product to better align with...

Foreign investors buy nearly 100 bln euros of euro zone debt in May, Citi says

Euro zone debt saw nearly 100 billion euros of buying from outside the bloc in May, Citi said citing European Central Bank data, the latest sign that euro assets are benefitting from a shift away...

Stellantis Rebounds on Stock Market Following Management Assurances After First-Half Loss

Stellantis reversed its earlier negative trend on the stock market, surging to the top of the FTSE MIB with a gain of over 2%, buoyed by management's reassurances regarding the company's financial...

TSX ends flat; investors await trade updates, key earnings

Canada's commodity-heavy main stock index closed flat on Monday, as investors await earnings and look for potential trade deals between the U.S. and its key trading partners. The...

Indian jeweller Titan to buy large stake in Dubai's Damas

Titan Company will buy a 67% stake in Dubai-based luxury brand Damas from Qatar's Mannai Corporation at an enterprise value of 1.04 billion dirham , potentially making it one of the largest Indian...

Inside a US guitar string maker's strategy to navigate the trade war

FARMINGDALE, NY -Once a week, executives of D'Addario & Company, a maker of strings and drumsticks for the world's top musicians, gather at the company's headquarters about 40 miles east of New York...

IBEX Opens Flat Amid Corporate Earnings and Tariffs in the Spotlight

The Spanish stock index IBEX 35 kicked off the week with little movement, hovering just below the psychological threshold of 14,000 points. Investors adopted a cautious stance amid a flurry of...

Hedge funds dumped Japanese stocks ahead of upper house election, says Goldman

HONG KONG -Global hedge funds offloaded Japanese equities at the sharpest pace in almost two-and-a-half months last week, just ahead of the country's upper house election on Sunday, Goldman Sachs...

Donald Trump sues Dow Jones, News Corp, Rupert Murdoch, WSJ reporters for libel, court records show

U.S. President Donald Trump filed a lawsuit on Friday against Dow Jones, News Corp, Rupert Murdoch and two Wall Street Journal reporters, raising claims under federal libel law, court records show. ...

Hedge funds lure record inflows in first half of 2025

NEW YORK -Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade policies, data...

South Africa's Maziv valued at $2 billion after revised deal with Vodacom

JOHANNESBURG -South Africa's Vodacom Group said on Friday its proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to 36 billion rand after...

G20 finance chiefs back central bank independence in first communique since October

DURBAN -Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day...