Indices

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...

Mali hearing on Barrick's Loulo-Gounkoto gold complex adjourned to June 16

BAMAKO -A Malian court adjourned until June 16 a hearing on whether to put Barrick Mining's gold mining complex, suspended since January due to a dispute over taxes and ownership, under provisional...

Chime valued at $18.4 billion as shares soar in Nasdaq debut

Chime Financial's shares surged 59% in their hotly anticipated Nasdaq debut on Thursday, valuing the digital bank at $18.4 billion and extending a winning streak for new stock market listings. ...

UK's Halma hits record high after profit beat, upbeat revenue forecast

British health and safety device maker Halma on Thursday forecast higher revenue growth for fiscal year 2026 and beat annual profit expectations, sending its shares to a record high. At...

DAX Investors Duck for Cover as Defense Stocks Gain Favor

DAX investors continue to retreat from the stock market. The German benchmark index opened Thursday down 0.8 percent at 23,758 points. The trade dispute between Washington and Beijing is still...

EU to subsidise high volume of greener aviation fuel to boost airline demand

The European Union has offered to subsidise airline purchases of more than 200 million litres of sustainable aviation fuels to encourage carriers to swap kerosene for cleaner alternatives, Reuters...

India's May palm oil imports surge 84% m/m to hit six-month high

MUMBAI -India's palm oil imports jumped to a six-month high in May, driven by low inventories and the tropical oil's price discount to rival soyoil and sunflower oil, which prompted refiners to boost...

IBEX Deepens Correction Amid Geopolitical and Trade Jitters

The Spanish IBEX 35 index extended its decline for a third consecutive session on Thursday, weighed down by ongoing difficulties in overcoming trade tensions between China and the United States, as...

Medical Technology Firm Brainlab to Go Public on Frankfurt Stock Exchange

The Munich-based medical technology company Brainlab is set to launch its initial public offering on the Frankfurt Stock Exchange. According to an announcement made by the company on Thursday,...

China puts six-month limit on its ease of rare-earth export licenses, WSJ reports

China is putting a six-month limit on rare-earth export licenses for U.S. automakers and manufacturers, The Wall Street Journal reported on Wednesday citing people familiar with the matter. ...

South African budget law passes after months of delay

JOHANNESBURG -South Africa's parliament passed the budget's fiscal framework and revenue proposals on Wednesday, removing a key pillar of uncertainty for investors in Africa's biggest economy. ...

MultiChoice swings to loss as subscribers dwindle, currency depreciation hits

JOHANNESBURG -South African pay television company MultiChoice swung to a full-year headline loss as it contended with cash-strapped consumers, and foreign currency and other macro headwinds, it said...

US consumer prices rise moderately in May

NEW YORK -U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods. ...

Some French Tesla drivers file lawsuit over harm allegedly caused by Musk's behaviour

PARIS -A small group of Tesla owners in France is suing the carmaker run by Elon Musk, alleging its vehicles have become far-right totems that are harming their reputation, the law firm representing...

S&P 500 ends lower; traders focus on Middle East tension and await details on trade deal

The S&P 500 ended lower on Wednesday, with investors spooked by Middle East tensions, while a tame inflation report calmed concerns around tariff-driven price pressures and traders awaited more...