Analysis: Indices

China's Chery explores plant-sharing deals in South Africa

GQEBERHA South Africa -China's Chery is in discussion with several automakers in South Africa about sharing plants with them to manufacture its vehicles, the company's regional head told Reuters.  ...

Global equity fund inflows hit 11-month high on Fed rate cut bets

Global equity funds witnessed robust demand in the week through October 1 as an inline U.S. inflation report and weaker-than-expected private payrolls data renewed hopes of Federal Reserve rate...

Stellantis aims to broaden planned South Africa plant's vehicle lineup

GQEBERHA South Africa -Stellantis intends to expand its product line-up at a planned manufacturing plant in South Africa, moving beyond pick-up trucks as shifting market dynamics prompt a strategy...

US soybean farmers, deserted by big buyer China, scramble for other importers

WATERMAN, Illinois -A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from Bangladesh.  These countries are not typically major customers for...

India allows exports of de-oiled rice bran after two-year ban

NEW DELHI -India on Friday lifted its ban on exports of de-oiled rice bran with immediate effect, ending restrictions that had been in place for more than two years, the government said. ...

World food prices dip as falls in sugar and dairy offset new high for meat

PARIS -Global food commodity prices dipped in September as declines in sugar and dairy offset a new peak for meat prices, the United Nations' Food and Agriculture Organization said on Friday. ...

Gold set for seventh straight weekly rise on US shutdown woes, rate cut bets

Gold prices rose on Friday, hovering near record highs and heading for a seventh consecutive weekly gain, supported by growing concerns over the economic impact of a prolonged U.S. government...

South African business conditions improve for fifth consecutive month in September, PMI shows

JOHANNESBURG -Business conditions in South Africa's private sector improved for the fifth month running in September, buoyed by a rise in output and new orders, S&P Global reported on Friday. ...

Why do private gasoline retailers in Indonesia face shortages?

JAKARTA -Indonesia's private fuel retailers are facing gasoline shortages due to a jump in demand as consumers shift away from state-owned Pertamina following concerns over its fuel quality and as...

Banks, metals boost India's equity benchmarks to weekly gains

India's equity benchmarks inched higher on Friday and logged weekly gains, led by banks after the regulator announced a raft of lending reforms and as metals advanced on dollar weakness. ...

Oil posts 8% weekly loss on potential OPEC+ supply additions

HOUSTON -Oil prices settled higher on Friday but posted a weekly loss of 8.1% after news of potential increases to OPEC+ supply. Brent crude futures closed up 42 cents, or 0.7%, at...

TSX rises for fifth straight day as investors look past US 'political noise'

Canada's main stock index rose to another record high on Thursday, led by gains for technology and consumer discretionary shares, as investors looked past the uncertainty around a U.S. government...

Brazil poised to lead global robusta coffee farming on expansion potential, report says

Brazil is positioning itself to overtake Vietnam as the world's largest robusta coffee producer, driven by the crop's climate resilience and growing global demand, according to a report by Dutch bank...

Morocco and EU reach new trade deal including Western Sahara farming products

RABAT -Morocco and the European Union have agreed to introduce origin labeling as an amendment to their agricultural deal, ensuring that products from Western Sahara receive the same preferential...

Argentina's bonds rise in wobbly session as investors eye US support pledge

NEW YORK/LONDON -Argentina's international dollar bonds rose in a volatile session on Thursday after U.S. Treasury Secretary Scott Bessent said the U.S. is not putting money into Argentina shortly...

Oil falls 2% to four-month lows on oversupply concerns

NEW YORK -Oil prices settled down about 2% at the lowest in four months on Thursday, extending a run of declines into a fourth day, due to concerns about oversupply in the market ahead of a meeting...

Argentina's Milei says US aid talks include debt purchases, profit-sharing

BUENOS AIRES -Argentina's President Javier Milei said proposed U.S. financial support for Argentina could include purchases of the country's debt in the secondary market and a profit-sharing...

GRAPHIC-Gold blazes past $3,800 on record run as silver nears fresh peak

Gold scored another record high on Wednesday, taking this year's gains to 47% on mounting expectations for further cuts to U.S. interest rates, safe-haven demand and a weakening dollar.  ...

European oil refineries bet on green projects to secure long-term future

LONDON -European oil refineries are having to invest in energy transition projects as modern and more complex competitors in Asia, the Middle East and Africa have prompted plant closures in Europe,...