Indices

Tariff volatility drives investors to actively managed funds

Global investors are pivoting towards actively managed equity funds this year as market volatility rises on worries over U.S. tariffs and the stock market rally broadens beyond a few mega-cap tech...

Cirsa Shares Rise on Spanish Stock Market Debut

Shares of Cirsa, the gaming company owned by Blackstone, climbed on Wednesday morning during their stock market debut in Spain. At 1011 GMT in Madrid, Cirsa shares were up 2.4% at €15.33, while the...

EU working closely to get trade deal with US, ready for all scenarios, von der Leyen says

The European Union is working closely with U.S. President Donald Trump's administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von...

IBEX Opens with Modest Gains Amid Tariff Uncertainty

The Spanish stock index IBEX 35 posted a cautious advance at Wednesday's open, on a day dominated by the expiration of the initial deadline set by Donald Trump for reaching trade agreements with other...

Trump copper tariffs set to spark final scramble to get metal across the border

Copper shipments into the United States are expected to accelerate in the coming weeks in a final scramble to get metal across the border before U.S. President Donald Trump's higher than expected 50%...

India mutual fund investors chase equities, gold and silver in quest for returns

Mutual fund allocations bounced back in India last month, driven by strong retail participation, with investors also seeking out gold and silver funds in the hunt for stronger returns. ...

US Treasury's Bessent to skip South Africa G20 meeting, heading to Japan

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources familiar with his plans told Reuters, but will attend the World Expo 2025 in...

Political chaos leaves France sidelined as investors warm to Europe

LONDON/AIX-EN-PROVENCE, France -France is missing out on the investor optimism that has defined Europe's markets this year, hamstrung by its strained public finances and political volatility that...

Australia 'urgently seeking' details on Trump drug tariff plan

SYDNEY -Australia is urgently seeking more detail on U.S. President Donald Trump's threat to raise tariffs up to 200% on pharmaceutical imports, Treasurer Jim Chalmers said on Wednesday. ...

Oil steady on strong gasoline demand, Red Sea attacks while Trump tariffs loom

HOUSTON -Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed. Brent crude...

US could collect $300 billion in tariff revenue this year, Treasury chief says

WASHINGTON -Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, and this could grow to $300 billion by the end of 2025 as...

World's top copper producer Chile in wait-and-see mode after Trump tariff bombshell

SANTIAGO -Chile, the world's No. 1 copper producer, is in wait-and-see mode after U.S. President Donald Trump announced a surprise 50% tariff on imports of the red metal, with the Andean nation...

COMEX copper hits record after Trump says he will impose 50% tariff on copper imports

LONDON -Copper prices in the United States jumped more than 12% to a record high above $12,330 per metric ton after U.S. President Donald Trump said he would announce a 50% tariff on imports of the...

Investors put 'Liberation Day' lessons to work, scarred by tariff tumult

NEW YORK -Three months after President Donald Trump's sweeping global tariffs led markets to plunge and then rebound ferociously, investors are grappling with the fallout from the still-shifting...

South African minister says work on lower inflation target should not be rushed

JOHANNESBURG -South Africa's finance minister said work towards a lower inflation target was advancing but that it should not be rushed, after the central bank again stressed its preference for a...

BofA, Goldman Sachs latest on Wall Street to lift S&P 500 index's annual target

BofA Global Research and Goldman Sachs on Tuesday became the latest Wall Street brokerages to raise their year-end targets for the S&P 500 index, broadly driven by reduced policy uncertainty,...

Salzgitter soars after Germany clears military use of steel product

Shares in Salzgitter rose more than 23% in Frankfurt on Tuesday after Germany approved for military use the company's Secure 500 steel product. Their surge helped the German small-cap...

South African watchdog drops opposition to Vodacom's Maziv deal

JOHANNESBURG -South Africa's Competition Commission has dropped its opposition to Vodacom's plan to buy a 30% stake in fibre group Maziv after agreeing revised terms with the parties. ...

India's MCX to launch electricity futures as hedge against weather-driven demand shifts

MUMBAI -India's Multi Commodity Exchange will launch the country's first electricity futures contracts on Thursday, providing power generators, distribution companies, and large industrial consumers...