Indices

South Africa's May manufacturing output rises 0.5% y/y

JOHANNESBURG -South Africa's manufacturing output rose 0.5% year on year in May, after falling by a revised 6.4% in April, statistics agency data showed on Thursday. Factory production...

Brazil stocks slip, real rebounds after Trump's 50% tariff threat

LONDON/NEW YORK -Brazil's stock market was dragged lower by its financial sector on Thursday while the real currency rebounded, a day after U.S. President Donald Trump's shock move to slap 50%...

Britain's FTSE 100 notches record close, buoyed by miners

The UK's FTSE 100 closed at an all-time high on Thursday, boosted by gains in mining and healthcare stocks, as investors brushed off the latest U.S. tariff threats to focus on negotiations., ...

India trade team to visit US soon for more talks, trade ministry official says

NEW DELHI -A delegation from India is expected to visit the United States soon for trade talks, a government official told reporters, as the two countries look to iron out disagreements over duties...

Stavropol boosts Russian wheat hopes despite Rostov drought

KUTEINIKOVO, Russia -Two of Russia's top wheat-growing regions are having very different years as Rostov endures a second year of drought while good weather in Stavropol promises record output. ...

Mining, healthcare prop up European shares; US-EU trade talks in focus

European shares closed higher on Thursday, with mining and healthcare stocks the biggest boosts as investors watched for signs of progress on a potential trade deal between the United States and the...

IBEX Stalls Its Rally as Tariff Uncertainty Looms

After hitting its highest level since May 22 in the previous session, Spain's IBEX 35 opened Thursday with a slight downward bias, as investors kept a close eye on the shifting tariff landscape under...

Europe's illegal pesticide trade surges as farmers cut costs

THESSALY, Greece -As the cost of spraying crops with pesticides becomes increasingly expensive, farmers in Greece's agricultural heartland have turned to a cheaper alternative: liquids in unlabeled...

South African rand retains gains after better-than-expected manufacturing data

JOHANNESBURG -South Africa's rand held on to early gains on Thursday after better-than-expected manufacturing data, while investors kept a close tab on trade negotiations in =the wake of U.S....

Sugar producer Suedzucker's profit drops 85% on weak prices

HAMBURG -Germany's Suedzucker, Europe's largest sugar producer, posted an 85% fall in quarterly operating profit on Thursday, hurt by low EU sugar prices. Suedzucker reported operating...

Indonesia, US eye wider critical minerals partnership after 'positive' meeting, top negotiator says

JAKARTA -Indonesia's meeting with United States representatives in Washington on the looming tariffs went positively, its chief negotiator said on Thursday, with both countries exploring a wider...

Japan unlikely to face US pressure to strengthen yen, ex-top FX diplomat says

TOKYO -Japan is unlikely to face pressure from the United States to intentionally strengthen the yen despite President Donald Trump's criticism of its large trade surplus with the U.S., former top...

Chile, Mexico look to new markets ahead of Trump copper tariffs

* Trump says he will announce 50% copper tariffs * Chile, Mexico ship their copper largely to China * Governments awaiting clarity on US...

Trump's tariffs: What's in effect and what could be in store?

WASHINGTON -U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.  Trump has set a baseline tariff of 10%...

US tariffs on South Africa set to hit white farmers Trump has embraced

CITRUSDAL, South Africa -U.S. President Donald Trump's threatened 30% tariff on South African exports is set to deal an economic blow to a community he has vocally and controversially championed:...

Indicator of Chinese copper import demand jumps 38% after Trump tariff announcement

LONDON -An indicator of copper import demand in top consumer China jumped 38% on Wednesday, suggesting robust appetite for the metal, after U.S. President Donald Trump's plans for a 50% import tariff...

Copper glut driven by tariff threat to deflate US price bubble

LONDON -U.S. President Donald Trump's 50% tariff on copper has placed a record premium on prices of the metal in the United States that is likely to ease over the coming months as a stockpile created...

Trump sells shift from 'aid to trade' in White House meeting with African leaders

WASHINGTON -President Donald Trump told leaders from five African nations on Wednesday that he was shifting the U.S. approach to the continent from aid to trade and that the United States is a better...

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

LONDON/HOUSTON -Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its...