Analysis: Indices

Nuclear power at heart of new Japan prime minister's energy policy

TOKYO -Japan's new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power to tackle inflation, a source of public discontent, with reactor restarts key to...

DBS expects Singapore GDP to double by 2040, Singapore dollar parity with greenback

SINGAPORE -DBS Group Research on Wednesday said it expects Singapore's gross domestic product to double by 2040, with the state's benchmark Straits Times Index nearing 10,000 and the Singapore dollar...

Yen climbs as gold plunge triggers market volatility

SINGAPORE -The U.S. dollar weakened in early Asian trade on Wednesday, edging back from its highest level against the Japanese yen in a week, as a tumble in gold prices triggered a rebalancing across...

India nears deal to slash US tariffs on Indian imports to 15%-16%, Mint reports

India and the United States are nearing a long-stalled trade agreement that would reduce U.S. tariffs on Indian imports to 15% to 16% from 50%, India's Mint reported on Wednesday citing three people...

Trading Day: Stocks' momentum fades, gold plunges

ORLANDO, Florida -U.S. stocks were mixed on Tuesday, with the global momentum that had lifted Japanese and several other indices to new highs fizzling out, as investors digested a sharp fall in gold...

Gold retreats after record rally, on track for biggest daily drop since 2020

Gold prices were on track for their steepest daily fall in five years on Tuesday, as investors booked profits after expectations of U.S. interest rate cuts and sustained safe-haven demand drove the...

South Africa's Transnet plans $7 billion of infrastructure upgrades

JOHANNESBURG -South Africa's state-owned freight and logistics company Transnet plans to invest 127 billion rand over five years in modernizing rail lines and upgrading ports, its Chief Executive...

Global investors like the new-look Japan government, for now

SINGAPORE/LONDON/NEW YORK -Global money managers are circling back to Japan's stock and debt markets, drawn by the promises of its new reflationist government and a desire to diversify from pricier...

Argentina economic activity growth seen slowing to 2.5% in August

BUENOS AIRES -Argentina's economic activity growth likely slowed for a second consecutive month in August, a Reuters poll of analysts showed on Tuesday.  According to the median...

United States: a risky catch-up for small caps?

After several years of underperformance, US small caps have been catching up since the summer, in the wake of expectations of Fed rate cuts. But the fall of regional banks at the end of last week has...

Wall Street opens flat as investors assess earnings for direction

Wall Street's main indexes opened flat on Tuesday, as investors assessed a wave of quarterly earnings from corporate majors. At 09:30 a.m., the Dow Jones Industrial Average rose 13.17...

Signs of pressure on valuation

While enthusiasm for artificial intelligence is mixed with a latent sense of fragility, the time has come for vigilance and greater selectivity in the stock market. The main US index, the S&P 500, is...

South Africa's Lamola cites "positive vibes" on AGOA

LONDON -Trade talks between South Africa and the United States are very positive, and there is hope that the U.S. congress could renew a key free trade agreement with the continent before the end of...

Spain's power plants are burning more gas since blackout, sending gas demand up

MADRID -Spain keeps burning more gas to produce electricity and help keep its power grids stable after a major blackout on April 28, gas grid operator Enagas said on Tuesday, boosting the country's...

Japan to act in national interest on Russian energy, says industry minister

TOKYO -Japan's Trade Minister Yoji Muto said on Tuesday that the country will act appropriately based on its national interest, while maintaining close coordination with the international community,...

Canada offers tariff relief to some steel, aluminum products from US, China

OTTAWA -Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war...

Wall St opens higher with big earnings, inflation data on deck

Wall Street opened higher on Monday as investors prepared for a wave of earnings from corporate majors and a long-awaited inflation report, which could shake up markets later in the week. ...

Tons of silver from US, China ease London spot market squeeze

LONDON -Large flows of silver from the U.S. and China to London's spot market in the past week are easing a liquidity squeeze in the world's largest over-the-counter precious metals trading hub,...

New copper demand drivers from US, India as China juggernaut slows

LONDON -Copper consumption in the United States and India is set to emerge from China's shadow over the next decade as demand growth in the world's largest consumer of the industrial metal slows. ...