Indices

UK factory downturn shows signs of easing, morale ticks up, PMI shows

LONDON -Britain's manufacturing sector showed some signs of turning a corner in its long slump and businesses pushed up their prices in June to offset higher labour costs, according to a survey...

South Africa seeks extension of Trump tariff deadline to pursue trade deal

JOHANNESBURG -South Africa has asked for more time to negotiate a trade deal with U.S. President Donald Trump's administration before his higher tariff regime goes into effect on July 9, Pretoria's...

UK energy bills may rise as regulator approves 24 billion pound network upgrade

LONDON -Britain's energy watchdog has given the go-ahead to a 24 billion pound investment to upgrade the country's transmission system, but said the move could push up network charges on household...

Japan says it won't sacrifice farm sector for tariff deal after Trump rice complaints

Japan will not sacrifice the agricultural sector as part of its tariff talks with the United States, its top negotiator said on Tuesday, after President Donald Trump complained that the key Asian ally...

Trading Day: Ending first half on a record high note

NEW YORK -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter  Jamie is enjoying some well-deserved time off,...

EU to accept Trump's universal tariff but seeks key exemptions, Bloomberg News reports

The European Union is open to a trade agreement with the United States that would apply a universal 10% tariff on many of its exports, but the EU is seeking U.S. commitments to reduce tariffs in key...

Citi expects gold price to consolidate around $3,100-$3,500 in third quarter

Citi expects the price of gold to consolidate around $3,100 to $3,500 per ounce in the third quarter, as prices moderate due to geopolitical de-escalation in the Middle East and an improved global...

US crude oil output hit record in April, EIA data shows

NEW YORK -U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according to data released by the Energy Information Administration as...

Geopolitical tensions nudge oil outlook higher, but demand concerns persist

Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ supply and a tempered demand outlook continue to weigh on crude, a...

Saudi wealth fund annual profit tumbles 60% as high rates, inflation bite

DUBAI -Saudi Arabia's sovereign wealth fund's assets exceeded $1 trillion in 2024, but its net profit slumped 60% from a year earlier, it reported on Monday, hurt by high interest rates and inflation...

Even as markets rally, Trump's policymaking causes market angst

As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of U.S. President Donald Trump's rapid-fire, sometimes chaotic policymaking...

FedEx resumes Israel services, imposes surcharge on select routes

Parcel giant FedEx said on Monday that it reinstated its services to and from Israel on June 27 after previously halting all pickups amid heightened flight safety risks in the Middle East. ...

Guinea ships record 48.6 million tons of bauxite as China demand rises

DAKAR -Guinea's exports of bauxite, a feedstock for aluminium, surged 39% to a record 48.6 million metric tons in the first quarter though regulatory crackdowns sidelined major operators, official...

Moroccan economy grew 4.8% in Q1

RABAT -Morocco's economy grew 4.8% in the first quarter this year, compared with 3% the same period last year, the national statistics agency HCP said. The growth was driven by an...

Egypt's economy grows by 4.77% in Q3 2024/25, planning ministry says

CAIRO -Egypt's economy grew by 4.77% in the third quarter of its 2024/25 fiscal year, up from 2.2% in the same quarter a year earlier, as manufacturing activity recovered, the planning ministry said...

IBEX Nears 14,000 Despite First Monthly Decline Since March

The IBEX 35 began the week with a modest uptick, buoyed by easing tensions in the Middle East and growing hopes for an interest rate cut in the United States, though caution prevailed as investors...

Risk flows as trade talks unclog

A look at the day ahead in European and global markets from Wayne Cole. It was already a risk-on start to the week in Asia when news broke trade talks between the United States and...

Indian officials extend US visit to iron out trade deal, sources say

NEW DELHI -Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump's administration and address lingering concerns on both...

India's monsoon covers country nine days early, accelerating planting

MUMBAI -India's annual monsoon rains covered the entire country on Sunday, nine days earlier than is typical, the weather department said, bringing forward planting of summer-sown crops. ...