Indices

Renewables push China's fossil-fuelled power into first annual drop in 10 years

China's mostly coal-based thermal power generation fell in 2025 for the first time in 10 years, government data showed on Monday, as growing renewable generation met growth in electricity demand even...

Gold, silver hit record highs as Trump's Greenland tariffs spark safety rally

Gold and silver prices climbed fresh peaks on Monday, as investors flocked to safe-haven assets on intensifying tensions, after U.S. President Donald Trump threatened to impose extra tariffs on...

Philippines makes first natural gas discovery in more than a decade

Philippine President Ferdinand Marcos Jr said on Monday gas and condensate had been found at a well close to the existing Malampaya gas field off the island of Palawan, the country's first natural gas...

Libya devalues dinar by 14.7%, second cut in less than a year

Libya's central bank announced a 14.7% devaluation of the dinar on Sunday, setting the exchange rate at 6.3759 to the U.S. dollar, the currency's second such adjustment in less than a year, citing the...

Egypt's Sisi says he values offer by Trump to mediate Nile dam dispute

Egypt's President Abdel Fattah al-Sisi said he valued an offer by U.S. President Donald Trump to mediate a dispute over Nile River waters between Egypt and Ethiopia. In a post on X, Sisi...

York Space eyes over $4 billion valuation in US IPO as sector interest intensifies

Satellite company York Space Systems said on Friday it was aiming for a valuation of up to $4.25 billion in its U.S. initial public offering, underpinning expectations of a robust year for new...

Canadian dollar hits six-week low after China trade deal

The Canadian dollar weakened to a six-week low against its U.S. counterpart on Friday as investors weighed a trade deal between Canada and China as well as the prospect of one of the most dovish...

Mercuria posts $1.3 billion in 2025 profit, Bloomberg News reports

Swiss commodity trading group Mercuria posted a profit of $1.3 billion last year as it paid almost no tax, Bloomberg News reported on Friday. The company reported taxation of $1 million...

Nigeria raises capital requirements in sweeping securities industry reform

Nigeria's markets regulator has sharply raised capital requirements across the securities industry, tripling the minimum for brokers and imposing multi-billion-naira thresholds on underwriters,...

US not currently considering using Venezuelan oil in exchange to fill strategic reserve, Energy Department says

The U.S. government is not currently considering using Venezuelan oil in an exchange with U.S. oil companies to refill the country's Strategic Petroleum Reserve, the Department of Energy said on...

TSX adds to weekly gain as energy shares rally

Canada's main stock index inched up to another record high on Friday as energy shares rose and after a trade deal between Canada and China that could be supportive of the economy. The...

S&P 500, Nasdaq open higher as chip stocks extend rally

The S&P 500 and the Nasdaq opened stronger on Friday as chipmakers returned to the driver's seat in a volatile week that also marked the start of the fourth-quarter earnings season. The...

Musk's Starlink faces high-profile security test in Iran crackdown

Iran's crackdown on dissidents is shaping up as one of the toughest security tests yet for Elon Musk's Starlink, which has served as a lifeline against state-imposed internet blackouts since its...

Azerbaijan starts natural gas supplies to Germany and Austria

Azerbaijan's state energy company SOCAR has started sending natural gas to Germany and Austria, the company said on Friday, as it increases the number of European markets it supplies. ...

Global equity funds log strongest weekly inflows in 3-1/2 months

Global equity funds witnessed the largest weekly net purchase in 15 weeks in the week to January 14, as investors pushed world stocks close to record highs, extending momentum from last year and...

Record rally stalls retail buying in India; China demand steady

Gold demand in India stayed muted this week as prices hit record highs again, taking the shine off retail buying, while bullion traded at a premium in China as demand remained steady ahead of the...

Canada, China slash EV, canola tariffs in reset of ties

Canada and China struck an initial trade deal on Friday that will slash tariffs on electric vehicles and canola, as both nations promised to tear down trade barriers while forging new strategic ties...

Canada, China set to make 'historic gains' in new partnership, says Carney

Canada and China are forging ahead with a new strategic partnership and both sides stand to make historic gains as they leverage each other's strengths, Canadian Prime Minister Mark Carney told...

Greensill Bank suing UK government for $441 million over COVID loan guarantees

Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain's business department for just over 330 million pounds after it cancelled guarantees for COVID-19 business...