Indices

UK's FTSE 100 rebounds as financial, energy stocks gain

London's blue-chip index ended higher Thursday, led by financial and energy stocks, as investors parsed a mixed bag of corporate results.  The FTSE 100 closed up 0.2%, after hitting a...

Milan Stock Exchange Opens Higher Led by Energy Stocks, Pirelli Shines

The Milan Stock Exchange opened with a modest uptick, mirroring other European markets, following a calm close on Wall Street after the Federal Reserve met expectations on interest rates and provided...

TotalEnergies on track to deliver LNG in Mozambique in 2029, CEO says

TotalEnergies CEO Patrick Pouyanne said on Thursday the company was on track to deliver LNG from its Mozambique project in 2029, adding there will be a massive ramp up in activity in the country in...

South African rand slips after central bank keeps key rate unchanged

The South African rand slipped on Thursday after the central bank kept its main lending rate unchanged at its first rate-setting meeting of this year. At 1558 GMT, the rand traded at...

Three firms vie for Indian gas firm GAIL's tender to buy into US LNG project

Three companies are competing for GAIL India's tender to acquire up to a 26% stake in a liquefied natural gas project in the United States, its Chairman Sandeep Kumar Gupta said on Thursday. ...

India's gold demand to fall in 2026 as jewellery slump offsets investment rise

India's gold demand is likely to fall in 2026 following a drop of 11% last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council said...

Global gold demand hits record high in 2025, WGC says

Gold demand hit an all-time high last year as jitters over instability and trade sparked a surge in investment, even as a series of record price peaks kept jewellery buyers from the tills. ...

Rupee hits record low as outflows, importer anxiety overshadow buoyant economy

The Indian rupee hit an all-time low on Thursday, as continued weakness in foreign capital flows and a rush to hedge against further depreciation overshadowed impulses from a buoyant domestic...

Citgo buys first Venezuelan oil since 2019 from Trafigura, sources say

U.S. refiner Citgo Petroleum has bought Venezuelan crude oil for the first time since 2019, when it severed ties with its parent, state-run oil firm Petroleos de Venezuela, two sources familiar with...

China suspends Irish beef imports two weeks after market reopened

China has suspended imports of Irish beef due to an outbreak of bluetongue disease in cattle, just two weeks after it reopened its market for Irish beef for the first time in more than a year,...

Bessent says disappointed by EU-India deal; South Korea must ratify trade deal

U.S. Treasury Secretary Scott Bessent said on Wednesday he was disappointed by Europe's decision to strike a major trade agreement with India, saying it showed Europe put trade ahead of the interests...

EU's Ribera warns of increasing dependence on US LNG

The European Union's competition chief warned on Wednesday that the region was becoming increasingly dependent on liquefied natural gas imports from the United States and should look at how it can...

Eikon ?Therapeutics targets $908 million valuation in US IPO

Drug developer Eikon ?Therapeutics said on Wednesday it was targeting a valuation of up to $908.2 million in its U.S. initial public offering, as biotech listings make a comeback. The...

Why India may increase duties on gold and silver imports

India's gold and silver imports surged to record levels last year, sparking concern among policymakers, with the government having few effective tools to curb inflows that have remained resilient...

South African rand slips before key interest rate decisions

The South African rand slipped on Wednesday, as investors awaited interest rate decisions from the United States and Africa's most industrialised economy. At 1524 GMT, the rand traded at...

JERA considering how to utilise gas portfolio beyond Japan, says CEO

The chief executive of Japan's top liquefied natural gas buyer JERA said on Wednesday that the company is considering how to utilize its portfolio beyond Japan. Speaking at the India...

Keppel, Aster plan sustainable aviation fuel project in Singapore

Singapore's Keppel and Aster have agreed to jointly assess a project to produce sustainable aviation fuel from ethanol on the city-state's Jurong Island industrial area, the companies said on...

A year into Trump presidency, 'pivot to China' gathers pace

When U.S. President Donald Trump took office a year ago with an America First agenda, many saw trouble for China's sluggish economy, but Beijing has thawed frosty relationships with other trade...

Australian wine exports shrank in 2025 as drinkers sober up

The value of Australia's wine exports fell by 8% to A$2.34 billion in 2025 as a global decline in drinking led to lower shipments to key markets including China and Britain, an industry body said on...