Analysis: Indices

Indian equity mutual fund inflows slump to 13-month low in May despite market gains

Indian equity mutual fund inflows fell to a 13-month low in May, marking the fifth consecutive month of decline, with large-, mid-, and small-cap funds all reporting reduced inflows. ...

South Africa's Telkom resumes dividends, shares jump 7%

JOHANNESBURG -South African telecommunication firm Telkom reported on Tuesday a 62.3% rise in full-year earnings and boosted free cash flow, allowing it to resume dividends and sweeten the pay-out...

Canada's Allied Gold could look at options for power supply deal at Sadiola mine

TORONTO -Canadian miner Allied Gold could look at alternative options for a power supply deal at its Sadiola mine in Mali following a surge in gold prices and the emergence of new opportunities, its...

Apple: eagerly awaited AI announcement at WWDC conference

Apple is set to kick off its annual WWDC developer conference on Monday, where the tech giant is eagerly awaited to announce the integration of AI into its products, even as investors remain skeptical...

Ivory Coast farmers hope for more rain, sunshine to boost cocoa crop growth

Soil moisture is helping the April-to-September mid-crop to develop across most of Ivory Coast's main cocoa growing regions, farmers said on Monday, adding that they hoped for a mix of rain and...

Can the DAX continue to lead the race?

Since the beginning of the year, the DAX has been breaking records and outpacing other European markets. Indeed, the political and geopolitical context and composition of the index are favorable,...

India faces two years of sugar surplus, growers and officials say

SATARA, India -India is set to produce surplus sugar for at least two consecutive years, as millions of farmers expand the area under sugarcane cultivation amid ample rainfall, boosting crop yields,...

China May iron ore imports fall on expectations of seasonally slow demand

China's iron ore imports in May missed expectations, dropping 4.9% from April, as mills exercised caution in buying seaborne cargoes in anticipation of seasonally slower steel consumption. ...

China's rare earth exports jump 23% in May despite export curbs

China's outbound shipments of rare earths in May jumped 23% on the month to their highest in a year, though Beijing's export curbs on some of the critical minerals halted some overseas sales, with...

Starbucks to lower prices in China as competition heats up

BEIJING -Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan across the country, the company announced on Monday, as competition intensifies and consumers become...

Stocks climb, dollar dips with US-China trade talks eyed

NEW YORK -Global stocks climbed on Monday while the dollar retreated as talks began in London between the United States and China, aimed at cooling a trade dispute between the world's two largest...

Oil prices hit multi-week highs amid US-China trade talks

NEW YORK -Oil prices hit multi-week highs on Monday, buoyed by a weaker U.S. dollar, while investors awaited news from U.S.-China trade talks in London in hopes a deal could boost the global economic...

Senior Taiwan official visits site of new Alaska LNG project

TAIPEI -A senior Taiwanese official said on Saturday he had this week visited the site of a potentially enormous new liquified natural gas project in Alaska that the Trump administration has been...

China says it may speed up rare earths application approvals from EU

China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by July 5, its...

Rio Tinto in bailout talks for Australian aluminium smelter, AFR reports

SYDNEY -Global miner Rio Tinto is in talks with Australian federal and state governments about a multibillion-dollar bailout for its struggling Tomago aluminium smelter in New South Wales state, the...

Eni, YPF sign agreement for participation in Argentina LNG project

MILAN -Italian energy group Eni and Argentina's YPF on Friday signed an agreement on the Argentina LNG project during a meeting in Rome between Italian Prime Minister Giorgia Meloni and Argentine...

End of tax loophole for Shein starting to have impact, say South African retailers

JOHANNESBURG -South Africa's closure of a tax loophole that benefited global discount e-commerce retailers Shein and Temu is starting to show positive signs as some consumers reject the higher...

India, U.S. trade talks extended as deadline looms for interim deal, say sources

NEW DELHI -Trade talks between Indian and U.S. officials have been extended into next week as both sides seek consensus on tariff cuts in the farming and auto sectors, aiming to finalise an interim...

Botswana's Debswana curbs diamond production as weak demand persists

Botswana's Debswana Diamond Company is temporarily pausing production at some of its mines, cutting output in response to prolonged weakness in the global diamond market, it said on Friday. ...