Analysis: Indices

South Africa's Transnet's loss shrinks as viability doubts linger

JOHANNESBURG -South African freight rail and ports company Transnet made a smaller loss in the last financial year and said on Friday its turnaround programme was starting to deliver results,...

South Africa's Transnet narrows full-year loss to 1.9 billion rand

JOHANNESBURG -South African state-owned logistics group Transnet on Friday reported a smaller loss of 1.9 billion rand in the financial year to the end of March, down from a 7.3 billion rand loss in...

Palm oil yields at risk as Ganoderma appears in earlier planting cycles

KUALA LUMPUR -A fungal disease once confined to older palm trees in coastal areas is spreading across Malaysian palm plantations and appearing much earlier in growth cycles, threatening yields in...

S.Africa's ARM suspends mining operations at Bokoni platinum mine

South Africa's African Rainbow Minerals has suspended operations at its loss-making Bokoni platinum mine while it works on a revised mining plan for the asset, it said on Friday as it reported a...

African Rainbow Minerals profit down 47% on lower commodity prices

South Africa's African Rainbow Minerals said on Friday its full-year profit fell 47%, mainly due to lower iron ore and coal prices. ARM posted headline earnings of 2.695 billion rand ...

Japan explores Alaskan LNG purchases as part of $7 billion energy deal, US-Japan statement shows

TOKYO -Japan has confirmed its commitment to an annual $7 billion worth of energy purchases from the United States while exploring their new Alaskan liquefied natural gas off-take agreement, a joint...

TSX ends higher for seventh straight day as tech shares climb

Canada's main stock index rose to another record high on Thursday, as technology and financial shares notched gains ahead of U.S. and Canadian employment data that guide expectations for interest...

Tyson Foods says it has succession plans after executive's shock departure

CHICAGO -Tyson Foods sought to reassure investors that it has succession plans in place on Thursday, after announcing this week that an executive seen by some analysts as a possible future CEO left...

Canada to unveil promised aid for aluminum, canola sectors soon

OTTAWA -Canada will soon unveil a series of promised measures to help the steel and aluminum sector deal with U.S. tariffs, and will also aid canola farmers, government officials said on Thursday. ...

Zimbabwe to start blueberry exports to China after breakthrough agreement

HARARE -Zimbabwe can start exporting blueberries to China after it agreed a protocol on phytosanitary standards, an industry body said on Thursday. The agreement was concluded during...

India looking beyond US for pharma exports amid tariff tensions

NEW DELHI -India is seeking to boost drug exports to semi-regulated markets in Africa, Latin America and Southeast Asia to reduce its dependence on the U.S., where tariff concerns pose risks,...

US small-cap stocks break out, but for how long?

NEW YORK -Long-lagging U.S. small-cap stocks are having a moment in the sun, but the interest rate outlook, the strength of their earnings and the health of the economy will help determine whether...

Canada's trade deficit in July narrows as exports to the US rise

OTTAWA -Canada's trade deficit narrowed in July as overall exports rose, especially driven by outbound shipments of crude oil and passenger cars to its biggest trading partner the United States,...

Goldman Sachs sees gold prices surpassing  $4,000 if investors ramp up buying

Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices...

Figma shares slump as earnings miss lofty post-IPO expectations

Figma shares plunged 19% on Thursday as a slight beat in its first earnings report following its blockbuster July market debut unnerved investors, with a looming share unlock further weighing on...

Foreign outflows in Indian financials hit 7-month high in August

Foreign portfolio investors sold 232.9 billion rupees of Indian financial stocks in August, the highest monthly outflow in seven months, data from National Securities Depository showed on Thursday....

Porsche CEO says aim is to return to DAX as soon as possible

BERLIN -Porsche CEO Oliver Blume expressed confidence in the value of the company's shares on Thursday and said the luxury sportscar maker aims to return to Germany's DAX as soon as possible after it...

South Africa's sugar farmers face 'double whammy' from Trump tariffs, cheap imports

KWADUKUZA, South Africa -Nkosinathi Msweli's sugar cane farm in KwaDukuza - a rural, largely poor region on South Africa's eastern coast - has for three decades been a solid, albeit small, economic...

UK's Anglo American sells Valterra Platinum stake for $2.5 billion

Global miner Anglo American on Thursday said it has raised about $2.5 billion from the sale of its remaining 19.9% stake in Valterra Platinum, its former subsidiary. Anglo has been...