Indices

India gold premiums more than halve; China demand up ahead of Lunar New Year

Gold premiums in India more than halved from decadal highs this week as price volatility deterred buyers, while a pullback from record prices lifted demand in China ahead of the Lunar New Year. ...

South Africa takes step towards trade deal with China

South Africa said on Friday that its trade minister had signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the...

South Africa's trade minister signs economic partnership agreement on China visit

South Africa's trade minister Parks Tau signed a framework economic partnership agreement on a visit to China, a step towards securing duty-free access to the Chinese market for South African exports,...

Gold, silver rise as stock selloff lifts safe-haven demand; CME hikes margins again

Gold and silver prices climbed on Friday as a rout in global stocks lifted demand for safe havens, with heightened volatility prompting U.S. exchange operator CME to raise margins again on precious...

Spot silver falls nearly 9%

Spot silver extended its decline on Friday, falling 8.9% to $64.88 per ounce as of 0009 GMT, slipping below the $65-an-ounce mark. Spot silver hit a record high of $121.64 last week. ...

Forgent Power valued near $8 billion in NYSE debut as AI infra demand grows

Forgent Power was valued at nearly $8 billion in its New York Stock Exchange debut on Thursday, as investor appetite for companies catering to the AI boom remains healthy despite pockets of worries...

US farm income set to fall in 2026 despite surge in government payments

In a sign of growing stress for U.S. farmers, the Agriculture Department forecast on Thursday that U.S. net farm income would fall 0.7% this year, despite near-record government payments that are...

Bob's Discount Furniture valued at $2.2 billion as shares open flat in NYSE debut

Bob's Discount Furniture, backed by private equity firm Bain Capital, secured a valuation of $2.22 billion, after its shares opened flat in their debut on Thursday, as investors stayed selective about...

India lifts wheat stock limits as supplies rise

India has lifted limits on the amount of wheat stocks that traders, wholesalers and retailers can hold, the government said in a statement on Thursday, citing comfortable domestic supplies and easing...

Barrick reviews Reko Diq project amid Balochistan security concerns

Barrick Mining's board is reviewing all aspects of a gold and copper project in Pakistan's Balochistan region, including capital allocation, due to security concerns, CEO Mark Hill said during a...

Hershey sees strong 2026 even as cocoa costs weigh

Hershey forecast annual sales and profit above Wall Street estimates on Thursday, supported by resilient demand for its confectionery and salty snacks and continued benefits of earlier price hikes...

Egypt's inflation expected to dip to 11.7% in January

Egypt's headline inflation is forecast to have softened to 11.7% in January from 12.3% in December, a Reuters poll found on Thursday, with analysts saying that a favourable base effect and cooling...

NYSE-parent ICE beats profit estimates on robust trading volumes

Intercontinental Exchange beat fourth-quarter profit expectations on Thursday, as persistent market turbulence boosted trading volumes at the New York Stock Exchange-parent, sending its shares up more...

Thomson Reuters reports fourth-quarter revenue rise, shares slip

Thomson Reuters reported higher fourth-quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence...

Cement maker Cemex's quarter earnings rise on cost cuts, higher prices

Mexican cement maker Cemex reported on Thursday a 16% climb in fourth-quarter core earnings, supported by cost-cutting measures and higher product prices, though results fell short of analysts'...

MTN in talks to buy remaining IHS Holdings stake in $2.76 billion deal

MTN Group, Africa's biggest mobile operator, said on Thursday it is in advanced talks to buy the 75% stake it does not already own in IHS Holdings, in a deal that could value the tower infrastructure...

Shell misses profit expectations, but keeps buyback pace

Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme. ...

China's Aerospace Times Feipeng ramps up global expansion amid fierce domestic drone competition

Chinese civil drone maker Aerospace Times Feipeng is accelerating its global expansion push with a focus on Southeast Asia and the Middle East, as it seeks to navigate intense domestic competition, a...

US, Mexico to develop coordinated trade policies on critical minerals

The United States and Mexico on Wednesday unveiled a 60-day plan to develop coordinated trade policies aimed at mitigating vulnerabilities in critical mineral supply chains, including possible price...