Indices

India growth to be sustained in 2025/26 by rural, urban demand, report says

NEW DELHI -India will withstand trade-related uncertainties and maintain growth through the rest of 2025/26 , with the help of strong demand, steady public spending and easing inflation, the...

South African rand eases after domestic PPI data

JOHANNESBURG -The rand weakened slightly against the dollar on Thursday after data showed South Africa's producer price inflation accelerated in October, though moves in the currency market were...

India's equity markets scale new highs after 14 months on growth optimism, easing valuations

India's stock benchmarks surged to record highs on Thursday, powered by cooling valuations, expectations of an earnings recovery, and a resilient economy supported by favourable fiscal and monetary...

India's central bank expected to cut rates to 5.25% on December 5

BENGALURU -The Reserve Bank of India will cut its key interest rate by 25 basis points to 5.25% on December 5, according to a majority of economists polled by Reuters who expect the rate to stay...

Stocks buoyed by rate cut expectations, sterling choppy on UK budget surprise

NEW YORK -Global stocks rallied for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained elevated, while sterling was whipsawed by Britain's fiscal watchdog...

Heightened Fed cut expectations lift stocks, sterling choppy on UK budget surprise

NEW YORK -Global stocks advanced for a fourth straight day on Wednesday as expectations for a U.S. Federal Reserve rate cut remained intact, while sterling was whipsawed by Britain's fiscal watchdog...

Metal mining shares help lift TSX to another record high

TORONTO -Canada's main stock index climbed to another record high on Wednesday, led by metal mining shares, as declining global dependence on a small cluster of high-flying technology stocks raised...

J.P. Morgan sees S&P 500 at 7,500 by end 2026, double-digit gain from here

NEW YORK -The benchmark S&P 500 should end next year at 7,500, helped by a resilient U.S. economy and an artificial intelligence-driven supercycle, according to Dubravko Lakos-Bujas, J.P. Morgan's...

TSX opens higher, lifted by Fed rate cut hopes

Canada's main stock index opened higher on Wednesday, buoyed by gains in gold mining stocks, while growing confidence in an imminent interest rate cut from the U.S. Federal Reserve continued to fuel...

Canada's TSX to hit new highs in 2026 supported by trade hopes, resource push: Reuters Poll

TORONTO -Canada's main stock index is expected to rise to another all-time high next year as trade uncertainty potentially eases and resource shares benefit from booming spending on artificial...

Indian stocks to hit new highs by mid-2026 despite foreign exodus- Reuters poll

BENGALURU -India's stock market will reach record highs by mid-2026 and extend those gains through next year, a Reuters poll of equity analysts showed, as strong domestic buying overtakes stretched...

South Africa's Tiger Brands annual earnings jump 31% on strong volume growth

JOHANNESBURG -South Africa's Tiger Brands reported a 31% rise in full-year earnings on Wednesday, driven by strong volume growth and improved operating margins despite muted consumer spending. ...

Trump says China's Xi 'more or less agreed' to accelerate purchases of US goods

ABOARD AIR FORCE ONE -U.S. President Donald Trump said on Tuesday that he pressed Chinese President Xi Jinping to accelerate and increase Beijing's purchases of U.S. goods during a phone call on...

US judge approves Elliott affiliate bid for Citgo Petroleum parent

HOUSTON -A U.S. judge on Tuesday adopted a recommendation for the approval of a $5.9 billion bid from an affiliate of Elliott Investment Management in the court-organized auction of Citgo Petroleum's...

What challenges lie ahead for UK's plan to expand Heathrow Airport?

LONDON -Britain selected Heathrow Airport's plan to build a new runway on Tuesday, as the government pushes ahead with the country's most controversial infrastructure project as part of its drive for...

UK to stockpile critical minerals, fast-track lithium plants

LONDON -Britain will include stockpiling of critical minerals in its defence procurement plan and expects lithium processing projects in northern England to break ground within the next few years as...

Barrick committed to Pakistan's Reko Diq copper project, says interim CEO

KARACHI -Barrick Mining Corp remains committed to its Reko Diq copper mine in Pakistan, one of the world's largest undeveloped deposits of the metal, its interim CEO said on Tuesday after reports of...

UK to impose anti-dumping duties on Chinese biodiesel imports

LONDON -Britain will apply anti-dumping duties on biodiesel imports from China after finding they were sold at unfairly low prices, the government said on Tuesday. Britain's body that...

South Africa's Transnet gets 300 million euro loan from French development agency

JOHANNESBURG -France's development agency has agreed to give South African state-owned logistics group Transnet a 300 million euro loan for clean energy initiatives. Transnet manages...