Analysis: Indices

Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

MOSCOW -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be...

Aspen wins approval to market Lilly's Mounjaro for weight loss in South Africa

South Africa's Aspen Pharmacare said on Monday it had secured regulatory approval to market Eli Lilly's blockbuster diabetes and obesity drug, Mounjaro, for chronic weight management in the country. ...

China's September exports to Russia show steepest decline in seven months

BEIJING -China's yuan-denominated exports to Russia in September posted their biggest drop in seven months, accelerating the decline seen in August, Chinese customs data showed on Monday. ...

Tata Capital lists at 1.2% premium to issue price in lacklustre debut for India's largest IPO of 2025

Shares of Tata Capital, India's third-largest non-bank lender by revenue, listed at a premium of 1.2% in their pre-open trading debut on Monday, with the retail market seemingly still not that keen...

China's exports top forecast but fresh US trade spat raises risks to outlook

BEIJING -China's export growth bounced back in September, but renewed trade threats from Beijing and Washington have rekindled worries about jobs and further deflation in an economy heavily reliant...

Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say

HOUSTON -Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-unit overhaul, people...

Canada-US sectoral deals likely to persist even if USMCA is revised, Carney says

OTTAWA -The specific deals that Canada is negotiating with the U.S. in key sectors such as steel, aluminum and autos are likely to persist even if the United States-Canada-Mexico trade deal is...

Global equity fund inflows ease on caution over political risks, U.S. shutdown

Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government...

EU pledges 11.5 billion euros of investment in South Africa

JOHANNESBURG -The European Union has pledged to invest 11.5 billion euros in South Africa in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday. A large...

Trump tariff threat pushes oil to five-month low

HOUSTON -Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand...

Malaysia's Petronas to pay $4.7 billion govt dividend in 2026, lowest in nine years

KUALA LUMPUR -The Malaysian government is expecting a dividend payout of 20 billion ringgit from state owned energy firm Petroliam Nasional Bhd next year, the lowest in nine years, according to a...

Festive buying props up demand in India; China muted in post-holiday trade

Physical gold demand in India held firm this week despite a record-breaking price rally, as jewellers and investors snapped up bullion ahead of key festivals later this month, while buying in China...

South Africa is on track to meet key fiscal targets, Treasury says

JOHANNESBURG -South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the size of its primary budget surplus, the head of the National...

South Africa is on track to meet two main fiscal targets this year, Treasury head says

JOHANNESBURG -South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the size of its primary budget surplus, the head of the National...

India stock benchmarks log best week in 3 months; foreign investors turn buyers

India's equity benchmarks logged their biggest weekly gains in more than three months, driven by IT and bank stocks as buoyant sentiment ahead of the earnings season drew in foreign investors. ...

India stock benchmarks open higher led by financials

India's equity benchmarks opened higher on Friday, led by financials, while information technology stocks posted modest gains after Tata Consultancy Services beat quarterly revenue estimates. ...

Hong Kongers rush to sell family jewels as gold glitters

HONG KONG -Hong Kong residents rushed to sell everything from gold bars to rings this week, with people weighing family jewels and counting stacks of money as they scrambled to cash in on a record...

Japan's food self-sufficiency stuck at 38% in FY24/25, below 2030 goal

TOKYO -Japan's food self-sufficiency ratio remained at 38% in the 2024/25 fiscal year ended March 31, unchanged from a year earlier and below the government's 2030 target of 45%, the agriculture...

Chocolate prices set to remain high this Halloween in the US, report says

NEW YORK -U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday...