Analysis: Indices

India's monsoon back on track, heatwave to ease, says weather officials

MUMBAI -India's monsoon has revived after stalling for more than a fortnight, and rains are set to cover central parts of the country this week, bringing relief from the heatwave in the grain-growing...

Petronas CEO says carbon capture and storage a potential revenue source

KUALA LUMPUR -Malaysia state oil firm Petronas views carbon capture and storage as a potential revenue source, chief executive officer Tengku Muhammad Taufik Tengku Aziz told an energy conference on...

Egypt signs financial closure deal with Norway's Scatec for 1 GW solar plant

CAIRO -Egypt signed a financial closure deal on Sunday with Norwegian renewable energy developer Scatec for a 1 gigawatt solar plant, which will allow the project to move into its construction phase,...

Trump and Japan PM discuss tariffs, Israel's attacks against Iran

WASHINGTON -Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump held a phone call on Friday in which they discussed tariffs and Israel's attacks against Iran, the Japanese foreign...

Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal

Canada's Dundee Precious Metals will acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said on Friday, marking the latest in a string of foreign...

China allows import of eligible pork, poultry products from 106 US plants

BEIJING -China has approved 106 new U.S. pork and poultry plants to export eligible products produced on or after June 12, Chinese Customs said in a notice on its website. The approval...

US consumer sentiment improves; tariff anxiety lingers

WASHINGTON -U.S. consumer sentiment improved for the first time in six months in June as trade tensions between the U.S. and China eased, but households worried about the economy's trajectory. ...

China solar industry to address overcapacity challenge but turnaround far off, experts say

SHANGHAI -Solar manufacturing company heads in China, grappling with losses and tariffs on exports to the U.S., called for an end to a price war and a solution to overcapacity in the sector, but...

J.C. Flowers-backed Jefferson Capital eyes $1.1 billion valuation in US IPO

Private equity-backed Jefferson Capital said on Friday it was targeting a valuation of up to $1.1 billion in its U.S. initial public offering, as buyout firms look to take advantage of an improving...

Indonesia aims to seal EU free trade agreement in 2026, official says

JAKARTA -Indonesia aims to seal a free trade agreement with the European Union in 2026, Indonesian trade ministry official Djatmiko Bris Witjaksono said on Friday, after the two sides completed their...

UK's Energean suspends production offshore Northern Israel

British gas producer Energean said on Friday it has temporarily suspended the production and activities of its power floating production storage and offloading located offshore Northern Israel due...

China's 2025 LNG imports expected to fall in unusual downturn, analysts say

BEIJING/SINGAPORE -China's annual imports of liquefied natural gas are forecast to decline for the first time in three years on weak industrial demand and strong domestic and piped gas supply,...

Pakistan set to hold rates as Israel-Iran conflict overshadows growth push

KARACHI -Pakistan's central bank is expected to hold its policy rate on Monday, a Reuters poll showed, as many analysts shifted their previous view of a cut in the wake of Israel's military strike on...

South African assets slump in risk-off trade, snapping weeks of gains

JOHANNESBURG -South Africa's rand, stocks and government bonds traded lower on Friday, snapping weeks of gains as Israeli military strikes on Iran drove investors away from riskier assets and toward...

Gold advances as Israel-Iran escalation fuels safe-haven bids

Gold prices soared on Friday as investors flocked to safe-haven assets following Israeli airstrikes on Iran, re-igniting fears of a broader conflict in the Middle East. Spot gold rose...

Trump to examine all options for farm workers, agriculture secretary says

WASHINGTON -U.S. Agriculture Secretary Brooke Rollins on Thursday said President Donald Trump would look at every available tool to address farm workers amid his ongoing immigration crackdown, but...

South Africa's Transnet agrees wage deal, averting strike

South African state ports and freight rail company Transnet said on Thursday that it had reached a wage agreement with its recognised labour unions. The deal is for a 18% salary...

Britain ready to implement US tariff deal, trade minister says

LONDON -Britain is ready to implement its side of a tariff deal with the United States and is hopeful for a proclamation from U.S. President Donald Trump to put the agreement into effect in the...

Trump's tax-cut bill could hold back US critical minerals projects

WASHINGTON -U.S. President Donald Trump's tax and spending bill would make it harder for American critical minerals companies to compete with China because it eliminates a tax credit for boosting...